Changpeng Zhao

Media personality Jim Cramer voiced his support for Binance in a Twitter post amidst negative speculation surrounding the firm. Cramer stated that he felt reassured by Binance and asked his followers if they shared the sentiment.  CZ Says No to Cramer Endorsement Binance CEO Changpeng Zhao responded to the tweet, alluding to the long-running inverse Cramer strategy. Cramer is widely-known to represent the consensus view in market trends, a position that rarely ever yields returns. This reputation has birthed two…

In a lengthy Twitter post on Tuesday, Binance CEO Changpeng Zhao called out the founder of failed crypto exchange FTX. Zhao slammed Sam Bankman-Fried in a tweet describing him as “one of the greatest fraudsters in history.” CZ Corrects Untrue Assumptions, Says Crypto is Fine CZ’s post originally aimed to address false statements the crypto billionaire claimed he had come across in recent times. The first thing Zhao spoke about was the idea that he wanted to be the savior…

Following weeks of technical difficulties, Binance has resolved an issue pertaining to Dogecoin withdrawals from their exchange. Today, the company released a statement explaining why the issue arose in the first place, and what it took to resolve it. This comes following a frustrated exchange between Binance and Tesla’s CEOs while the problem was still being worked out. The Inside Story The explanation came in a statement from both Binance and Dogecoin Core maintainers, posted through Binance Blog. What began…

Elon Musk is not happy with how Binance is running its operations today. He targeted Binance CEO Changpeng “CZ” Zhao on the exchange’s handling of recent Dogecoin withdrawal troubles, suspecting “shady” behavior. Not backing down, CZ fired back with his own criticism of faulty Tesla vehicles. Elon Musk Versus Changepeng Zhao The executive feud began with Elon Musk tagging CZ in a Twitter comment earlier today. The comment was left on a CoinDesk tweet quoting the CEO, saying he wanted…

Binance exchange CEO Changpeng Zhao admits to adopting a centralized platform. Working under a centralized crypto exchange paves the way to peaceful coexistence with the regulators. By Zhao's words, Binance needs a clear record of stakeholders, risk controls, and ownership. The news comes after continuous battles with financial regulators from different countries. The Previous Struggles Binance had several regulatory fights in the past. Essentially, concerns came from regulators based in Italy, Singapore, Holland, Japan, and many more. In June 2021, Japan issued…

Launched only six months ago, Binance Smart Chain has already managed to overtake Ethereum in the number of transactions processed. Could this be the sign of significant competition for the leading smart contracts network?  Daily Transactions Surges Past Ethereum’s  Binance Smart Chain achieved the feat of processing more daily transactions than Ethereum yesterday. Changpeng Zhao, CEO of Binance, revealed this feat on Twitter, comparing the Smart to Ethereum. “Today is an important day. Binance Smart Chain has overtaken Ethereum in…

Changpeng Zhao (CZ), the CEO of Binance was quoted saying that the current global financial system is broken. He believes Bitcoin and other crypto are the solution to this global problem. CZ notes the corporate culture which gang presses CEOs to pursue short-term objectives instead of lasting solutions. His blog post views investors as part of the cause,  vaunting CEOs who can push up stock prices and make good profits every quarter. He thinks investors should rather praise their CEO…