Binance Founder Changpeng Zhao Denies WSJ Report on Alleged WLFI Ties
Binance founder Changpeng Zhao (CZ) has strongly refuted a Wall Street Journal (WSJ) report alleging his involvement with the WLFI decentralized finance (DeFi) project. In a post on X (formerly Twitter), Zhao dismissed the article as a "hit piece" filled with inaccuracies and negative assumptions. The WSJ report claimed that Zhao facilitated WLFI’s leadership during international trips, including a visit to Pakistan, which allegedly resulted in undisclosed outcomes. CZ’s public denial highlights the ongoing scrutiny faced by high-profile figures in the cryptocurrency industry, particularly regarding undisclosed affiliations. This incident underscores the challenges of maintaining transparency in the rapidly evolving DeFi space while combating misinformation. The situation also reflects the broader tension between traditional media narratives and the crypto community’s perspective on accurate reporting. As one of the most influential figures in digital assets, Zhao’s rebuttal carries significant weight in shaping industry discourse around accountability and media relations.
Changpeng Zhao Denies WSJ Allegations Linking Him to WLFI Project
Binance founder Changpeng Zhao has publicly refuted a Wall Street Journal report alleging his involvement with the WLFI decentralized finance project. In a post on X, Zhao dismissed the article as a "hit piece" riddled with inaccuracies and negative assumptions.
The disputed report suggested Zhao acted as a facilitator for WLFI’s leadership during international trips, including a Pakistan visit that reportedly yielded a memorandum of understanding with local officials. Zhao maintains these claims are unfounded, noting he has previously criticized the Trump-affiliated project.
The controversy emerges as WLFI’s backers include a business entity connected to former President Donald Trump, with his sons Eric and Donald Jr. actively managing operations. Zhao’s rebuttal highlights ongoing tensions between crypto leaders and traditional media narratives.
Binance Founder Accuses WSJ of Anti-Crypto Bias in Fiery Social Media Post
Changpeng Zhao, founder of Binance, launched a scathing critique of the Wall Street Journal on social media platform X, accusing the publication of serving as a mouthpiece for traditional financial elites aiming to stifle cryptocurrency’s growth. The former CEO framed the outlet’s recent coverage as part of a coordinated effort to undermine digital assets.
The explosive comments highlight escalating tensions between crypto leaders and mainstream financial media. Zhao’s remarks suggest a deepening divide between legacy institutions and the decentralized finance sector, with Binance positioned as a key defender of crypto’s disruptive potential.
CZ Denies Allegations of ’Fixer’ Role in World Liberty Financial Deals
Former Binance CEO Changpeng Zhao has publicly refuted claims that he acted as a middleman in transactions involving World Liberty Financial. The accusations, published by the Wall Street Journal, were dismissed by Zhao as a "hit piece" riddled with inaccuracies and driven by negative intent.
In a May 23 post on X, Zhao accused the WSJ of exemplifying Cunningham’s Law—where incorrect information spreads faster than corrections. He revealed that the publication’s PR team had sent him questions based on flawed assumptions prior to running the story. "We identified numerous inaccuracies and unfounded inferences," Zhao stated, adding that the article’s foundation was too compromised for meaningful corrections.
CZ Accuses WSJ of Anti-Crypto Bias, Denies Ties to WLFI
Binance co-founder Changpeng Zhao has publicly criticized The Wall Street Journal for what he describes as an anti-crypto "hit piece." The former CEO alleges the publication employed negative assumptions and unfounded inferences in its questioning, rather than practicing objective journalism.
Zhao’s rebuttal comes amid growing tension between crypto leaders and traditional media outlets. The industry continues to face scrutiny despite increasing institutional adoption and regulatory clarity in key markets.
OKX Wallet Integrates with Monad to Enhance dApp Accessibility
OKX Wallet, a leading self-custody platform, has forged an exclusive partnership with Monad, a next-generation LAYER 1 blockchain protocol. The integration enables OKX Wallet users to seamlessly access Monad’s ecosystem, including ultra-fast decentralized applications and developer tools.
The collaboration, announced via OKX Wallet’s official social media channels, allows users to claim testnet tokens and explore trending dApps through the platform’s Eco Hub. This strategic MOVE positions OKX Wallet at the forefront of supporting advanced blockchain networks, expanding its capabilities beyond basic token storage.
Monad’s high-performance infrastructure combined with OKX Wallet’s user-friendly interface creates a powerful synergy for decentralized finance participants. The integration reflects the growing demand for interoperable solutions that bridge the gap between traditional crypto services and emerging blockchain technologies.
Chainlink’s LINK Eyes $19 as Bitcoin Rally Sparks Altcoin Optimism
Cryptocurrency markets show renewed vigor as Bitcoin’s record-breaking surge above $111,000 injects bullish sentiment across the sector. chainlink (LINK), the oracle network powering smart contract interoperability, emerges as a potential beneficiary of this momentum shift.
LINK’s price trajectory draws particular attention following JPMorgan’s blockchain integration using Chainlink technology. The asset’s fundamental strength combines with technical indicators suggesting possible upside toward $19 before Memorial Day - a psychological benchmark that would mark a 35% gain from current levels.
Market analysts note the growing divergence between Bitcoin’s dominance and altcoin performance, creating fertile ground for projects with institutional adoption narratives. Chainlink’s recent enterprise partnerships position it favorably within this dynamic.
