Still, there’s no denying that Binance’s BNB token has dropped more than 22% since its November high-the data comes from, which is owned by CZ through Binance-and Binance revealed in a transparency statement of select crypto holdings in November that it held $17 billion in BNB.īNB is a token native to Binance’s blockchain and is used by users to make trades or pay fees on the platform. “Alright, will do 4, and ignore from here,” he said. On Wednesday, Forbes published an analysis including data from these firms which said that Binance is “bleeding assets,” losing 15% of its total since Dec. Multiple cryptocurrency data firms have also claimed that, like its peers, Binance is losing assets quickly as crypto prices fall. Coinbase, the largest U.S.-based crypto exchange, announced on Tuesday that it will lay off 25% of its workforce, with CEO Brian Armstrong saying the move was due to the prolonged bear market in the industry and a “broader economic downturn.” “We will continue to build and hopefully we will ramp up again before the next bull market.”īinance’s planned hiring spree comes as other major crypto businesses are pulling back. “There’s definitely damage, the industry will be fine,” CZ told CNBC at the Crypto Finance Conference in St. Despite the broad rout in the crypto space known as the Crypto Winter, CZ remains confident that his firm-and the whole industry-will weather the storm. Life gives you not too many, but multiple chances," adding, "Work hard, don't miss the 2nd chances.Changpeng Zhao, better known as CZ, said on Wednesday that after increasing his firm’s headcount from 3,000 people to nearly 8,000 last year, he expects to add another 15% to 30% to that number in 2023. Who knows," the crypto executive shared, before telling his followers, "I was 'in between jobs' (and shorts & flip flops). "But then again, if I had bought ETH then, I might not have had the need or drive to start Binance. The Binance CEO shared that at the time Buterin was "already working on and talking about ETH non-stop" and somehow regretted that he didn't buy Ether, saying it was "A miss of a lifetime."īut, instead of crying over spilled milk, CZ chose to look at what that missed opportunity has allowed him to achieve. The photo was apparently taken on May 2015, a few weeks shy before the team officially rolled out the blockchain network, when Buterin stayed at CZ's apartment in Tokyo. ET on Monday, Ether was trading at $1,867.44Ĭhangpeng Zhao, the CEO of Binance, the world's largest centralized crypto exchange platform by trading volume and more popularly known as CZ in the cryptocurrency world, seemingly regretted what he called the "miss of a lifetime" as he reminisced the time when Ethereum, the world's second-largest crypto asset by market capitalization was just a new player in the industry.ĬZ appeared to be nostalgic over the weekend as Ethereum celebrates its 8th birthday this month when he posted a picture of himself and Ethereum co-founder Vitalik Buterin and some members of the team behind the decentralized open-source blockchain with smart contract functionality.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |