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🔥💥Richard Teng: CZ is irreplaceable; Binance now led by 7-member board In a recent Bankless podcast, Binance CEO #RichardTeng underscored the irreplaceable role of his predecessor, Changpeng Zhao (CZ). “No one can replace CZ,” Teng asserted. “I am not here to replace CZ.” He also described CZ as a “global leader, a visionary, and so unique,” highlighting CZ’s distinctive ability to foresee and shape the future of the cryptocurrency industry. CZ’s role has been pivotal to Binance’s success. Teng noted that CZ brought Binance from zero to what it is today, revealing his critical role in transforming Binance from a startup into a leading global cryptocurrency exchange. He said the former CEO had built the foundation for Binance to build on going forward. CZ announced his resignation in a post on X on November 21, 2023, stating that it was not an easy decision emotionally, but he knew it was the right thing to do. He acknowledged making mistakes and taking responsibility for them. He added that the change is best for Binance’s community. Zhao was replaced as Binance’s new CEO by Richard Teng, who previously served as Binance’s Global Head of Regional Markets. Teng has over thirty years of experience in the financial services industry and regulatory roles, including positions at the Abu Dhabi Global Market (ADGM), the Singapore Exchange (SGX), and the Monetary Authority of Singapore. The future of Binance and the industry On the podcast, the CEO highlighted the significant transformations Binance has undergone since its inception. He noted that compliance and regulatory measures have become much more stringent compared to the company’s early days, acknowledging the many changes over time. He also revealed that Binance’s corporate structure has evolved. While CZ once made decisions as the sole CEO, a seven-member board of directors now governs the company’s direction. He added that Binance will continue to focus on developing better products to serve its customers and improve its operations. #binance #CZBinance #BTC
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😱🔥Breaking News: Elon Musk plans to turn X into a Venmo-style payment application Elon Musk's takeover of #Twitter has certainly been tumultuous, and with the popular social media platform now private, much of its internal monitoring has been removed from the public spotlight. But Bloomberg has obtained new documents in which he reveals some details about what's going on behind the curtain of X, formerly Twitter, and what it plans to do next in its quest to become the "everything app." According to documents filed with states by More specifically, during the period carried out, X's then-Twitter revenue was $1.48 billion. In the top three spots of 2023, #X had a staggering 456 million articles; This could be attributed to mass abandonment of advertisers paying to the platform. It was noted that at the time of Musk's acquisition, advertisers accounted for 90% of his company's revenue, and after surviving Musk's acquisition and critical cuts to what content could and could not be published, advertisers pulled back on ad spending. What X is planning for the future to fix his calendar-dwindling income, documents reveal that X plans to integrate a Venmo-style payment service called X Payments. This new service acts the same as PayPal and Venmo, allowing users to send and receive money that will be stored in their X accounts. Additionally, Musk has previously stated that he wants users to be able to open an "extremely high yield" savings account with X. #elonmusk #binance
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🚀🚀🚀 Introducing NAM: The best Deflationary Meme Token 🌐 NAM, short for "Not A Meme," goes beyond the realm of meme coins. 🌟 ✨ Why Choose NAM? 🔹 Deflationary Mechanism: Unlike other #memecoins , NAM reinvests profits from platforms like Amazon, Spotify, and social media, including TikTok, to burn tokens, thereby increasing their value. 🔹 Community-Driven: The value of NAM rises with community activity. It’s a virtuous cycle where the true power lies with you. 🔹 Innovative Approach: We’re blending meme culture with real financial benefits. Your engagement drives our growth and boosts the token’s value. 💡 Get Involved! 📈 Track our progress and watch the ascending curve of NAM’s value. dexscreener.com/solana/8knxgx3xltwbcjhqp9boayw52vc9fxar2ywe5wekcgva 📱 Follow us on twitter for updates, news, and community events. x.com/NotAMemeOnSol 🌐Visit our website to see the roadmap and our Amazon links 🔗 www.notame.me 🔗open.spotify.com/intl-fr/album/4MkdXJiyxKUMR4CMUrPbCj Together, let's take $NAM to new heights! 🚀 #NAM #SOL #Spotify #Amazon
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🫨👀Arthur Hayes started trading by saying he would buy two Altcoins 🔥🚀 Arthur Hayes considers recommending a good buying opportunity for the current situation, especially for altcoins. It seems that Hayes, who tweeted about this yesterday and said he would buy #Pendle and Dogecoin, has started some purchases. According to the performance of the on-chain data platform Lookonchain, one of the watches belonging to Hayes bought 92,336 Pendles via Wintermute today. Hayes, who sent 2 million USDC to Wintermute, received 280 ETH worth $ 1 million and 92,336 Pendles worth $ 554 thousand. It is currently known that Hayes has ever traded #DOGE in any way. Hayes had previously fully praised the Pendle project and started making purchases from its token on this surface. Hayes used the Wintermute platform in these purchases. In his recent blog post, the famous trader, who read that the US had a decline in inflation but still cut interest rates, said, "They will estimate that the price accumulation will rise and that they will move between 60 and 70 thousand dollars by August." Hayes also said: “Re-entry into bull market” #ArthurHayes #altcoins
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🔥💥Binance announced the new cryptocurrency to be listed #LayerZero (#ZRO ), one of the most talked about airdrop projects, will also be listed by Binance. Following Kucoin, Upbit, Bithumb and Poloniex exchanges, Binance announced today that it will list ZRO in 4 trading pairs. Binance exchange announced that it will list LayerZero (ZRO) at 12:00 UTC today. ZRO will be available on the platform with pairs of ZRO/BTC, ZRO/USDT, ZRO/FDUSD and ZRO/TRY transactions. While deposits will begin, withdrawals will begin at 12:00 UTC. The exchange will list ZRO seed bases. A few hours before Binance's statements, exchanges such as Kucoin, Bithumb, Upbit and Poloniex also announced that they would list ZRO. LayerZero, which will start airdrop presentations today, will also start general sales today. LayerZero, a protocol developed to ensure interoperability between different blockchains, is known for supporting high speed and low execution operations. #binance #BNB
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