Changpeng Zhao (CZ), the founder of Binance and its former CEO, has issued an important warning to crypto users: Never share your private keys or use wallets set up by others. Doing so can result in losing control of your digital assets, leaving your funds vulnerable to theft.

⚠️ Dangers of Shared Wallets
Using wallets with shared private keys or pre-configured settings is highly risky. Here’s why:

Shared Control: Giving someone access to your private key or seed phrase means they can access your wallet at any time.

Unprotected Funds: They could withdraw or transfer your funds without your permission.

No Legal Protection: Without proof of ownership, it’s nearly impossible to recover stolen funds.
CZ highlights this as one of the most common mistakes leading to significant losses.

🛡️ How to Protect Your Crypto

1. Own Your Wallet: Always use wallets where you control the private keys, such as hardware or secure software wallets.

2. Transfer Immediately: If you receive crypto in a wallet created by someone else, move it to one you control as soon as possible.

3. Direct Transfers: Insist on direct transactions to wallets under your control when receiving funds.

By taking these steps, you ensure your funds remain secure.

🚨 Real-Life Risk
If you receive crypto into a wallet set up by another person, they can still access it at any time and drain it without your consent. This scenario has caused devastating losses for many users, and CZ calls it “an avoidable catastrophe.”

🌍 CZ’s Continued Mission
Although CZ stepped down as CEO in 2023, he remains an influential voice in the crypto world, focusing on blockchain, AI, and biotechnology while educating the community about crypto security.

💡 Your Security Is Key
The crypto space offers great opportunities, but security is crucial:

Control your private keys.

Avoid pre-configured wallets.

Double-check wallet setups before any transaction.

A small mistake can cost you heavily. Stay informed and protect your wealth!

👍 Stay Informed
Follow for more security tips and updates to safeguard your crypto and maximize your investment. Your safety is our priority.
#CZBINANCE

Imagine waking up to find your crypto wallet empty. Gone. Just like that. No explanation, no recourse. This isn’t a nightmare—it’s a real risk if you use shared wallets or hand out your private keys.

Changpeng Zhao, the founder of Binance, has issued a critical warning: "Avoid shared private keys or pre-configured wallets at all costs." The moment someone else has access to your keys, your funds are no longer yours.
Shared Wallets = Crypto Suicide
Private keys are your ultimate power—share them, and you’re handing over the keys to the kingdom. Someone else can withdraw, transfer, or wipe out your funds whenever they please. Proof of ownership? Forget it. CZ warns that this is a disaster waiting to happen.
Secure Your Assets Now
Don’t let carelessness cost you your hard-earned crypto. Follow these critical steps:

1. Use wallets where only you have the private keys.
2. If you’ve received funds in a shared or unsafe wallet, move them immediately to your own.
3. Request senders to deposit assets directly into your secure wallet.

A Real-Life Warning
Imagine trusting someone with your wallet only to find your funds vanish days later. They have access, and you have no proof of theft. CZ’s advice is clear: Don’t let this happen to you.

CZ’s Mission Lives On
After stepping down as Binance’s CEO in 2023, CZ turned his focus to blockchain, AI, and biotech innovation. His passion for educating the crypto community is stronger than ever. His message is clear—your security is your responsibility.

Take Charge, Stay Secure
The crypto world is full of opportunities, but with great power comes great responsibility. Guard your private keys, stop sharing wallets, and stay vigilant. Your financial freedom deserves nothing less.
#BinanceLaunchpoolBIO #BinanceAlphaAlert #BTCNextMove #ChristmasMarketAnalysis #CZBinance

The tweet by Changpeng Zhao (CZ), former CEO of Binance, addresses systemic issues within the education sector, specifically the lack of adequate compensation for teachers, scarcity of passionate educators, and the undervaluation of those excelling in the field. As a crypto analyst with years of experience, I recognize the broader societal implications of such commentary, particularly from a high-profile figure in the cryptocurrency and blockchain space.
Key Points in CZ's Tweet:
1. Inadequate Compensation: CZ highlights the global issue of insufficient pay for teachers. This reflects a misalignment between the societal importance of education and the financial recognition of educators. In many economies, this disconnection discourages talented individuals from pursuing or remaining in teaching careers, leading to a brain drain in the sector.
2. Shortage of Good Teachers: CZ notes the lack of qualified and passionate educators. This could result from systemic underinvestment in teacher training and professional development, coupled with the perception that teaching is an undervalued profession.
3. Underpayment of Exceptional Teachers: The tweet emphasizes the irony of exceptional teachers being underpaid despite their critical role in shaping the future. This reflects a broader societal issue where performance and impact are not adequately rewarded.
Broader Implications of CZ’s Commentary:
As a leader in a disruptive sector like cryptocurrency, CZ’s tweet could be interpreted in several ways:
Critique of Traditional Systems: CZ’s critique of the education system aligns with the ethos of decentralization and disruption that underpins blockchain technology. Just as cryptocurrencies challenge traditional financial systems, his remarks may suggest the need to rethink outdated educational paradigms.
Call to Action for Reform: By highlighting these issues, CZ may be indirectly calling for innovative solutions, such as leveraging blockchain for transparent salary payments or using decentralized platforms to improve access to quality education.
Human-Centric Leadership: The tweet demonstrates a human-centric approach, showcasing CZ’s awareness of societal issues beyond the crypto sphere. This strengthens his image as a leader concerned with broader global challenges.
Examples and Applications:
1. Blockchain for Teacher Salaries: Blockchain can address transparency and timeliness in teacher salary payments, ensuring fair compensation without bureaucratic delays.
2. Crypto-Based Education Initiatives: Crypto projects, such as Binance Academy, already offer free educational content. Expanding such initiatives to include training programs for teachers could enhance their skills and motivation.
3. Decentralized Learning Platforms: Blockchain-based platforms like EdTech could address the shortage of quality educators by connecting students with skilled teachers globally, irrespective of geographical barriers.
In conclusion, CZ’s tweet sheds light on systemic flaws in education while reflecting the potential for innovation in addressing these challenges. His influence as a crypto leader provides a unique platform to inspire discourse and action in this critical area.
#CZBinance
#CZProject

A tweet by #Binance CEO Changpeng Zhao #czbinance during the bullish start of 2020 has resurfaced after 4 years. Careful followers RT CZ's comment about the declines, which actually doesn't make sense today, and brought it back to the eyes of millions.
Although Binance's former CEO Changpeng Zhao is not active on social media, a new suggestion is coming on current issues.
Zhao started a huge bull rally in Bitcoin 4 years ago and in a period of time, the charts started to fall in front of X users again.

"They encrypted this tweet"
CZ's reservations about the future of the decline on December 17, 2020 included "I'm waiting for new leadership: Bitcoin fell from 101 thousand to 85 thousand. Those who encrypted this tweet".
On the day CZ posted this tweet, Bitcoin was trading at $21 thousand. The largest cryptocurrency started a sharp rise in those days and broke a historical record by rising to 64 thousand in April 2021. Later, the largest cryptocurrency, which fell to 29 thousand people, rose again to 69 thousand people in November (2021). A year after that peak, the price fell to 15 thousand in the shadow of the FTX crisis.
Especially after leaving the Binance CEO position, CZ started using social media much less and reduced the sharing of cryptocurrencies.
#BTCNextMove #MarketPullback #ElSalvadorBTCReserve @CZ

Changpeng Zhao (#czbinance ), the founder of Binance, has shared his amazement at the news that Revolut, Europe’s largest unicorn company, has added BNB to its platform.
#BNB is the native utility token of Binance, the largest cryptocurrency exchange in the world. With a global user base of over 40 million, Revolut’s decision to list the Binance Coin or “BNB” is expected to boost its accessibility. The listing will also attract more mainstream users to BNB.

#Revolut Rolls Out Crypto Services Across 30 European Markets
In November, Revolut announced that it has expanded its crypto exchange, Revolut X, to serve customers in 30 additional European countries.
Revolut X offers competitive flat fees, 0.00% for makers and 0.09% for takers, regardless of trading volume, the platform said. Additionally, existing Revolut customers can convert between fiat and cryptocurrency within the Revolut ecosystem.
The company launched Revolut X in May this year, targeting retail customers in the UK.
In August, BNB Chain announced that the BNB Chain Bridge went live, enabling it to interconnect with other blockchains. The new bridge has been launched in collaboration with cross-chain technology providers Celer, deBridge, and Stargate.
CZ, the founder of Binance, has played an important role in driving global crypto adoption. Under CZ’s leadership, Binance developed the token BNB.
#BTCNextMove #MarketPullback

Binance, the world’s largest cryptocurrency exchange, has made waves by investing $500 million into Elon Musk’s $44 billion Twitter acquisition. This monumental move has crypto enthusiasts buzzing: Could blockchain finally integrate with social media?

🧵 Binance x Twitter: The $500M Game-Changer
In a tweet, Binance CEO Changpeng Zhao (CZ) confirmed:
"We transferred $500 million two days ago, likely around the time Elon/Twitter discussions were taking place."
This isn’t just a financial play—it’s a bold step toward merging social media and blockchain technology.

🛠️ Could Twitter Move to Blockchain?
Elon Musk has long toyed with the idea of blockchain-powered free speech. Earlier this year, Musk told former Twitter CEO Jack Dorsey:
"Blockchain free speech has been a concept for a long time. The question is how to implement it."
🔍 With Binance’s support, a dedicated team is reportedly exploring how crypto and blockchain technology could enhance Twitter. Imagine a future where Twitter integrates:
Decentralized identity systems 🆔
Crypto payments for creators 💸
Blockchain-based content verification ✅

🔗 Why Binance Is Backing Musk’s Vision
Binance first announced support for the deal in May, calling the move a “small contribution to the cause” of bridging social media and Web3.
While institutions like Morgan Stanley, Bank of America, and Barclays chipped in with $2.5 billion in debt capital, Binance’s role as a Web3 ambassador sets it apart.
Key Players in the Deal:
Sequoia Capital 🌟
Qatar Investment Authority 🏦
Fidelity Management & Research 📊
CZ’s Take:
"If he [Musk] goes, we go." Binance’s $500M isn’t just money—it’s a statement: the future of social media belongs to Web3.

🚀 What’s Next for Twitter and Web3?
With Musk referring to Twitter’s new vision as “the bird was released,” we could soon see Twitter:
Empower creators with crypto monetization tools 🔥
Enhance user experiences with blockchain security 🔐
Introduce Web3 features that redefine digital ownership 🌐
This move isn’t just about Twitter—it’s about showing the world how blockchain can revolutionize social interaction.

🌟 The Takeaway
Binance’s $500M investment in Elon Musk’s Twitter deal is more than just big news—it’s a paradigm shift. As crypto and blockchain innovation collide with social media, the possibilities are endless.
Are you ready for the future of Web3-powered social media?
🔗 Trade crypto on Binance and be part of this historic evolution. The future is here. 🚀
#Binance #TwitterReimagined #Web3Integration #CZBinance #CryptoMeetsSocial

"If you want to help a person for a day, give them crypto. If you want to help a person for a lifetime, teach them #crypto "
This powerful statement highlights the difference between short-term aid and long-term empowerment:
1️⃣ Giving Crypto (Short-Term Help)
When you give someone crypto, it's like a one-time financial aid. While it might solve immediate needs or create excitement, it doesn’t empower the individual to understand its value or how to use it effectively in the long run.
2️⃣ Teaching Crypto (Lifetime Empowerment)
Educating someone about crypto—how it works, blockchain technology, investment strategies, and its role in the financial ecosystem—enables them to take control of their financial future. It allows them to participate in the decentralized economy, make informed decisions, and even potentially grow their wealth independently.

📚 Why Education Matters in Crypto:
• Encourages financial literacy and independence.
• Helps avoid scams and impulsive decisions.
• Opens doors to opportunities in the growing Web3 economy.

👀......📚🧠🦋✨
Teaching crypto is about enabling self-sufficiency and fostering financial literacy. Just like the saying, "Give a man a fish, and you feed him for a day. Teach a man to fish, and you feed him for a lifetime," CZ's philosophy stresses that education in crypto has the potential to create lasting impact and financial independence.

@CZ #CZBİNANCE #CZBinance $BNB #CryptoUsersHit18M #BTCReclaims101K

#Binance , la plus grande plateforme de cryptomonnaies au monde par volume d’échanges, a investi 500 millions de dollars dans l’accord de 44 milliards de dollars pour l’acquisition de Twitter par Elon Musk. Ce mouvement stratégique suscite des spéculations sur une possible intégration de la technologie blockchain dans la célèbre plateforme de médias sociaux.
Binance et l’avenir de Twitter
Changpeng Zhao (CZ), PDG de Binance, a confirmé l’investissement dans un tweet :
“Nous avons transféré 500 millions de dollars il y a deux jours, probablement juste au moment où les questions sur Elon/Twitter étaient posées.”

Binance aurait également formé une équipe dédiée à explorer les opportunités d’utiliser la blockchain et les cryptomonnaies pour améliorer Twitter.
Twitter et la blockchain : un avenir possible ?
Elon Musk a évoqué depuis longtemps l’idée de lier blockchain et médias sociaux. Dans un échange avec Jack Dorsey, ancien PDG de Twitter, il déclarait :
“La liberté d’expression via la blockchain est une idée intéressante, mais la question reste : comment l’implémenter ?”
L’acquisition de Twitter pourrait être une opportunité pour Musk de transformer la plateforme et de l’intégrer davantage dans l’écosystème Web3.
Le rôle de Binance dans l’accord
En mai, Binance avait déjà annoncé son intention de soutenir l’acquisition comme une “petite contribution à la cause”. CZ a présenté l’accord comme un moyen de connecter médias sociaux et Web3.
La participation de Binance se distingue des autres contributeurs tels que Morgan Stanley, Bank of America et Fidelity, qui ont majoritairement fourni des financements sous forme de capital d’emprunt.
Réflexions finales
Cet investissement de Binance souligne son ambition de jouer un rôle clé dans l’évolution de Twitter sous la direction de Musk. Cependant, avec les nombreux rebondissements entourant cette acquisition, d’autres surprises pourraient survenir dans les mois à venir.
#CZBinance #Web3Twitter #BlockchainFuture

- Delay in sentencing for former Binance CEO Changpeng Zhao's alleged money laundering case, now pushed to April 30th from February 23rd.
- Despite pleading guilty and assisting US authorities, Zhao faces a possible 18-month prison term.
- BNB, the cryptocurrency associated with Binance, is currently stagnant around $320, contrasting with the surge in other cryptocurrencies.
- Potential for BNB to break out to $400, particularly if it surpasses the resistance zone of $337 - $340.
In an unexpected turn of events, the sentencing for Changpeng Zhao, the former CEO of Binance, has been postponed from the initially scheduled date of February 23 to April 30, as reported by CNBC. The reason behind this delay remains undisclosed, and Zhao's legal representative, William Burke, has refrained from commenting on the matter.
Known by the alias CZ, Zhao is facing potential imprisonment for up to 18 months in the United States on charges related to the alleged use of Binance for money laundering. Prosecutors are reportedly pushing for a more extended sentence, according to The New York Times.
Having been in the U.S. since August 2023, Zhao was granted parole on a $175 million bond. In November 2023, he resigned from his roles as CEO of Binance and Chairman of the Board of Directors of Binance US, succumbing to mounting pressure from U.S. regulatory bodies. The charges against him include operating an illicit scheme through Binance, facilitating the laundering of crypto valued at billions, and violating the International Emergency Economic Powers Act by engaging with sanctioned organizations.
In November, Zhao pleaded guilty to these charges and agreed to cooperate with the prosecution, offering over $2.5 billion in personal assets to the U.S. government. Binance, as a company, also committed to compensating victims of its illegal operations with $4.3 billion.
Despite Zhao's cooperation, he is forbidden from returning to the UAE, where he resided since 2018. A U.S. judge rejected his request in December, citing a "substantial risk" of flight, given his significant assets and connections in the UAE, along with the absence of an extradition treaty between the UAE and the U.S.
While analysts suggest that Binance's reputation has been permanently damaged, the cryptocurrency market has shown resilience, with BNB experiencing a modest price increase. BNB is currently attempting to surpass the $337 resistance, and if successful, it could contribute to a broader bullish trend in the market, potentially leading to a $400 Bitcoin. However, it's crucial for readers to conduct thorough research and exercise caution when dealing with highly volatile financial assets like cryptocurrencies.

#BinanceCEO #Binance #BNB #czbinance #binanceczresign
$BNB

The cryptocurrency market is expected to record major changes towards the end of the month. #Binance Coin (#BNB ) investors, in particular, have been eagerly awaiting to witness the release of Changpeng Zhao. The Binance founder is all set to walk out of the Long Beach RRM federal facility on September 29, 2024. CZ will complete his four months in prison.
While this is expected to boost the price of the altcoin, the volatile nature of the market adds a hint of uncertainty. At press time, BNB was trading at $603.01, following a nearly 4% rise over the past 24 hours. Throughout the past day alone, Binance Coin went from a low of $578 to a high of $605.
Currently, Binance Coin is trading 16% below its all-time high of $720. The asset took the market by surprise when it surged and recorded a new all-time high about four months ago. Given its current momentum, the market expected the altcoin to reclaim this level by the end of the month.
How Will Binance Coin End September?
According to data from Changelly, Binance Coin will continue its current trend till the end of the month. The firm revealed that the asset will witness a surge to a high of over 7%. BNB will reportedly trade at a high of $639.56.
As seen in the above image, BNB will not be able to reach a high of $700 this month. The asset will require more momentum to surge to this level. Sadly, Binance Coin investors will have to wait longer to revisit its peak.
#BNBUSDT #czbinance

Hello Dear CryptoPM Feed Fam:

As rumors swirl and speculation mounts, Binance, one of the world’s largest cryptocurrency exchanges, has forcefully denied allegations of a 20% staff cut. The exchange’s CEO, Changpeng Zhao, took to Twitter to address the issue, dismissing it as ‘FUD’ (Fear, Uncertainty, and Doubt).

While Zhao denied the allegations, he went ahead to express the industry’s ever-changing dynamics and the need to stay agile. Particularly, Binance emphasizes its commitment to talent optimization and cost efficiency.

Staff Cut Allegations Denied

On Wednesday, Chinese reporter Colin Wu, known for his blockchain-focused Twitter account WuBlockchain, shared a report suggesting that Binance had initiated a significant round of layoffs, amounting to approximately 20% of its workforce.

WuBlockchain’s sources claimed that around 8,000 employees were affected by these alleged job cuts. However, CEO Changpeng Zhao swiftly refuted the rumors and referred to them as ‘FUD.’

The CEO tweeted: “Another day, another FUD. On rumors of layoffs.” Zhao further addressed the issue head-on, asserting that the company operates a continuous talent optimization program, ensuring that the company maintains a strong cultural fit.

He stated that while some employees may be high performers, they may not align with the unique culture and situation of Binance, thus leading to their departure from the company. The CEO stressed that these ongoing talent optimization efforts should not be misconstrued as a predetermined percentage of staff that needs to be cut.

CZ tweeted: 

Binance has a “bottom out” (we should probably rename it to something else) program. We constantly say goodbye to people who are not strong fits with the company. This program is constant. I push for it on a weekly basis. 

Binance’s Chief Communications Officer, Patrick Hillman, also joined the conversation on Twitter, vehemently denying the alleged layoffs. Hillman highlighted the challenges faced by crypto organizations, emphasizing the need to remain adaptable and competitive in the ever-evolving cryptocurrency industry.

He described the talent density audit and resource allocation exercise that the exchange regularly undergoes, noting that it is part of the exchange’s “secret sauce.” Hillman affirmed Binance’s commitment to retaining and hiring top talent, and he emphasized the appeal that former employees hold for recruiters across the globe.

Binance Navigating Challenges

Binance, one of the leading exchanges, has been no stranger to controversies and regulatory challenges in various jurisdictions. Amid the sudden wake of the FTX crash late last year, Binance suffered major FUD as some in the crypto community expected the FTX contagion to affect the exchange.

However, the crypto exchange did not only end up standing strong after the FTX collapse but also played a key role by creating a billion-dollar worth of crypto industry funds for companies experiencing a financial run. Meanwhile, in recent months, the exchange was caught up in the continuous regulatory scrutiny of crypto.

Recently, South Korea has outlined its intention to introduce a system that enables the real-time monitoring of wallet addresses and facilitates the freezing of funds on various crypto exchanges, including Binance.

Regardless of the current negativity and regulation surrounding Binance, the exchange native token, BNB has managed to maintain composure and has not plunged as expected. Instead, BNB has only seen a 0.1% decline in the past 7 days, and a 0.7% loss in the past 24 hours with a trading price still above $300.

#Binance #czbinance #BNB #cryptopmyoutube #feedfeverchallenge