Muyao Shen,

Bloomberg's Muyao Shen sat down with Binance co-founder Yi He for an exclusive interview in Dubai. Behind the scenes at Binance, Yi He is an influential power broker at the most powerful company in the $1.2 trillion crypto market. Now, the firm she helped start with Changpeng “CZ” Zhao is under threat from regulators. Yi He discusses the state of the industry, recent enforcement actions, her experience in crypto and more.

Biography:  https://www.bloomberg.com/news/newsletters/2023-06-28/crypto-s-most-powerful-woman-speaks-out-as-crisis-rocks-binance

62%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

100%

Examples:

  • The author uses sensationalism by stating that Bitcoin slid 7.7% on Saturday which makes it sound like a significant drop when in reality, this was just one day's worth of trading data and does not reflect long-term trends or market conditions.

Conflicts of Interest

50%

Examples:

Contradictions

85%

Examples:

  • Behind the scenes at Binance, Yi He is an influential power broker at the most powerful company in the $1.2 trillion crypto market.
  • Bitcoin slid 7.7% on Saturday, the biggest such retreat since March 2023.
  • The title implies that Bitcoin has steadied after sinking most since 2023 on Iran attack

Deceptions

30%

Examples:

  • The author does not provide any evidence or sources for the claims made in the article.
  • The author may have a vested interest in promoting Binance and its co-founder Yi He.

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Crypto Market Takes a Nosedive on Friday After Stock Market Opens, Bitcoin and Ethereum Fall Over $4,000 in Value Each

Broke On: Saturday, 13 April 2024 The crypto market plunged on Friday as the stock market opened, with Bitcoin falling over $4,000 and Ethereum dropping 9%. The decline was not caused by any major news in the crypto world but was influenced by the U.S. dollar's strength, higher interest rates, inflation and geopolitical tensions.