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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
🔥💥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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🔥💥Binance CEO Richard Teng Sees 2024 as ‘Landmark’ Year for Crypto Platform Binance's comeback is imminent, and CEO #RichardTeng is predicting massive growth for the platform and the cryptocurrency industry, calling 2024 a "turning point" for the market. Major events are happening in today's crypto industry, including the much-anticipated regulatory clarity and increased adoption of cryptocurrency by various institutions that are keeping a close eye on the digital asset community. Additionally, the grand launch of Bitcoin exchange-traded funds (ETFs) and the upcoming launch of Ethereum will also play a role in crypto adoption. Binance CEO Richard Teng Sees 2024 as a 'Turning Point' According to Bloomberg, Binance CEO Richard Teng sees great promise in today's cryptocurrency market, calling 2024 a 'turning point' amid the industry's recovery after several years of decline since 2022. #binance #BNB #CZBinance
🔥💥Binance CEO Richard Teng Sees 2024 as ‘Landmark’ Year for Crypto Platform

Binance's comeback is imminent, and CEO #RichardTeng is predicting massive growth for the platform and the cryptocurrency industry, calling 2024 a "turning point" for the market.

Major events are happening in today's crypto industry, including the much-anticipated regulatory clarity and increased adoption of cryptocurrency by various institutions that are keeping a close eye on the digital asset community.

Additionally, the grand launch of Bitcoin exchange-traded funds (ETFs) and the upcoming launch of Ethereum will also play a role in crypto adoption.

Binance CEO Richard Teng Sees 2024 as a 'Turning Point'
According to Bloomberg, Binance CEO Richard Teng sees great promise in today's cryptocurrency market, calling 2024 a 'turning point' amid the industry's recovery after several years of decline since 2022.
#binance #BNB #CZBinance
#CZBinance tweet: BUSD market cap dropped -$2.45B (from 16.1B to 13.7B as of now) & most of it has moved to USDT. USDT marketcap + 2.37B (From 67.8B to 70.1B) USDC also declined -739M (from 42.3B to 41.5B) Landscape is shifting (Note: BUSD is NOT issued by Binance) #BUSD
#CZBinance tweet:

BUSD market cap dropped -$2.45B (from 16.1B to 13.7B as of now) & most of it has moved to USDT.

USDT marketcap + 2.37B (From 67.8B to 70.1B)

USDC also declined -739M (from 42.3B to 41.5B)

Landscape is shifting

(Note: BUSD is NOT issued by Binance)

#BUSD
What is Cz Binance's Career History?CZ, also known as Changpeng Zhao, is the founder and CEO of Binance, one of the world's largest cryptocurrency exchanges. Here is a brief overview of his career history: In the early 2000s, CZ worked at Bloomberg Tradebook as a software developer, where he developed trading systems for futures and equities. In 2005, CZ joined Blockchain.info, a Bitcoin wallet and block explorer service, as the third member of the team. He worked there for about a year before moving on to other ventures. CZ founded Fusion Systems in 2005, a high-frequency trading software company that provided trading systems to brokers. He served as the company's CTO for several years. In 2013, CZ joined OKCoin, one of China's largest cryptocurrency exchanges, as their CTO. He helped the company grow and expand into international markets. In 2017, CZ founded Binance, a cryptocurrency exchange based in Malta. Within just a few months, Binance became one of the largest exchanges in the world by trading volume. Binance also launched its own cryptocurrency, Binance Coin (BNB), which has since become one of the top 10 cryptocurrencies by market capitalization. In 2018, Binance launched a blockchain called Binance Chain and a decentralized exchange called Binance DEX. CZ has also been involved in several other blockchain and cryptocurrency projects, including serving as an advisor to Blockchain.info and being a co-founder of BijieTech, a company that provides blockchain solutions to the financial industry. CZ's career history shows a strong focus on trading systems and cryptocurrency exchanges. He has been at the forefront of the cryptocurrency industry and has played a significant role in shaping it over the years. #Binance #CZBinance #crypto2023 #BTC #BNB

What is Cz Binance's Career History?

CZ, also known as Changpeng Zhao, is the founder and CEO of Binance, one of the world's largest cryptocurrency exchanges. Here is a brief overview of his career history:

In the early 2000s, CZ worked at Bloomberg Tradebook as a software developer, where he developed trading systems for futures and equities.

In 2005, CZ joined Blockchain.info, a Bitcoin wallet and block explorer service, as the third member of the team. He worked there for about a year before moving on to other ventures.

CZ founded Fusion Systems in 2005, a high-frequency trading software company that provided trading systems to brokers. He served as the company's CTO for several years.

In 2013, CZ joined OKCoin, one of China's largest cryptocurrency exchanges, as their CTO. He helped the company grow and expand into international markets.

In 2017, CZ founded Binance, a cryptocurrency exchange based in Malta. Within just a few months, Binance became one of the largest exchanges in the world by trading volume. Binance also launched its own cryptocurrency, Binance Coin (BNB), which has since become one of the top 10 cryptocurrencies by market capitalization.

In 2018, Binance launched a blockchain called Binance Chain and a decentralized exchange called Binance DEX.

CZ has also been involved in several other blockchain and cryptocurrency projects, including serving as an advisor to Blockchain.info and being a co-founder of BijieTech, a company that provides blockchain solutions to the financial industry.

CZ's career history shows a strong focus on trading systems and cryptocurrency exchanges. He has been at the forefront of the cryptocurrency industry and has played a significant role in shaping it over the years.

#Binance #CZBinance #crypto2023 #BTC #BNB
#Binance CEO Changpen Zhao now has a confirmation tick in the form of a cryptocurrency logo on his Twitter account, indicating his affiliation with the company. As Zhao himself noted, this will prevent scammers from impersonating him. #BNB #crypto2023 #CZBinance #Twitter
#Binance CEO Changpen Zhao now has a confirmation tick in the form of a cryptocurrency logo on his Twitter account, indicating his affiliation with the company. As Zhao himself noted, this will prevent scammers from impersonating him.

#BNB #crypto2023 #CZBinance #Twitter
#CZBinance posted a "mysterious photo" on his Twitter For those who do not understand - here we are talking about ignoring FUD (negative news) He warned a long time ago that he would just write one number - "4" when he preferred to ignore the FUD. bullstreet #Binance #BTC #BNB
#CZBinance posted a "mysterious photo" on his Twitter

For those who do not understand - here we are talking about ignoring FUD (negative news)
He warned a long time ago that he would just write one number - "4" when he preferred to ignore the FUD. bullstreet
#Binance #BTC #BNB
#Binance has $64bn on chain! This is an incredible sum of money and undermines the recent attacks on #CZBinance and the operations of the world's no.1 #CEX
#Binance has $64bn on chain!

This is an incredible sum of money and undermines the recent attacks on #CZBinance and the operations of the world's no.1 #CEX
#CZBinance sent a personal email to retail customers and said that "#Binance    holds all of its clients’ crypto-assets in segregated accounts which are identified separately from any accounts used to hold crypto-assets belonging to Binance".
#CZBinance sent a personal email to retail customers and said that "#Binance    holds all of its clients’ crypto-assets in segregated accounts which are identified separately from any accounts used to hold crypto-assets belonging to Binance".
The Real Reason Why Crypto Is Skyrocketing Right Now (You Won’t Believe #3) Hey, what's up everybody? It's Firoz and today I want to talk to you about what's causing the pump in #crypto2023 markets. You know I'm a huge fan of crypto and I've been investing in it for a long time. But I'm also not here to bs you or hype you up with some fake news. I'm here to give you the real deal, the truth, and the facts. So let's get into it. Crypto markets started rallying on Monday. And I know what you're thinking: "Firoz, why are crypto prices going up when everything else is going down? We have banks collapsing left and right, we have inflation going through the roof, we have regulations coming from every direction. What's going on?" Well, let me tell you something: Crypto is unpredictable. Crypto is counterintuitive. Crypto is contrarian. Whatever you think is going to happen in crypto...the opposite happens! That's why I love it so much. Because it challenges me to think differently, to be creative, to be adaptable, to be resilient. But that doesn't mean there are no reasons behind the price movements. There are always reasons. And I'm going to share with you some of the possible explanations that I've heard from my sources and my network. #1 The Fed Is Printing Money Like Crazy...And Crypto Loves It Traders and investors are speculating that the Federal Reserve will either slow or pause rate hikes. After all, the Fed can only increase rates until something breaks. And something did break last week: #SVB one of the most crypto-friendly banks in the US. Many crypto people are viewing this as a sign of an impending breakdown in the traditional financial system. And they expect that the Fed will have to step in and inject more money into the economy through quantitative easing. You know what that means: More money printing equals more inflation equals more demand for hard assets like gold and #BTC #2 Banks Are Failing Left And Right...And Crypto Is The Safe Haven Flight of safety from banks. Speaking of SVB, they were not alone in their troubles last week. Three other banks shut down as well: Credit Suisse (which had to borrow $54 billion from the Swiss central bank. People are starting to lose trust in banks and their ability to protect their money and their data. And they are looking for alternatives that are more secure, more transparent, and more decentralized. That's where Bitcoin and Ethereum come in handy. They offer a way for people to store their wealth outside of the banking system, without intermediaries or censorship or manipulation. Remember...this was originally why Bitcoin was created: To provide a peer-to-peer electronic cash system that does not rely on any central authority or institution.   #3 Binance Just Bought A Billion Dollars Worth Of Crypto...And You Can Too On Monday , #CZBinance , one of the most influential people in crypto , announced that #Binance , one of the largest and most popular exchanges in the world , was converting USD 1 billion BUSD into native crypto , including BTC , ETH , and BNB . This constitutes a huge buy pressure on these coins . And it also shows confidence and commitment from Binance to support their ecosystem . These kinds of announcements can act as catalysts for other investors and traders who want to follow suit or ride on the momentum . But listen . Nobody can explain market behavior with 100% certainty . So don't take these explanations as gospel . Take them with a grain of salt . The point is not to give you definitive answers . The point is to help you understand how markets work , how psychology works , how emotions work . That's how you train your mental models . That's how you become a better investor, a better entrepreneur , a better human being . And that's what I'm here for . To help you level up your game , your skills , your mindset . So if you enjoyed this artilce, please smash that like button , follow my channel , turn on notifications , leave me a comment below . And if you want more content like this , my social media accounts . You know where to find me . I'll see you next time . Peace out .  

The Real Reason Why Crypto Is Skyrocketing Right Now (You Won’t Believe #3)



Hey, what's up everybody? It's Firoz and today I want to talk to you about what's causing the pump in #crypto2023 markets. You know I'm a huge fan of crypto and I've been investing in it for a long time. But I'm also not here to bs you or hype you up with some fake news. I'm here to give you the real deal, the truth, and the facts.



So let's get into it.

Crypto markets started rallying on Monday. And I know what you're thinking: "Firoz, why are crypto prices going up when everything else is going down? We have banks collapsing left and right, we have inflation going through the roof, we have regulations coming from every direction. What's going on?"



Well, let me tell you something: Crypto is unpredictable. Crypto is counterintuitive. Crypto is contrarian. Whatever you think is going to happen in crypto...the opposite happens!



That's why I love it so much. Because it challenges me to think differently, to be creative, to be adaptable, to be resilient.



But that doesn't mean there are no reasons behind the price movements. There are always reasons. And I'm going to share with you some of the possible explanations that I've heard from my sources and my network.



#1 The Fed Is Printing Money Like Crazy...And Crypto Loves It

Traders and investors are speculating that the Federal Reserve will either slow or pause rate hikes. After all, the Fed can only increase rates until something breaks. And something did break last week: #SVB one of the most crypto-friendly banks in the US.



Many crypto people are viewing this as a sign of an impending breakdown in the traditional financial system. And they expect that the Fed will have to step in and inject more money into the economy through quantitative easing.



You know what that means: More money printing equals more inflation equals more demand for hard assets like gold and #BTC

#2 Banks Are Failing Left And Right...And Crypto Is The Safe Haven



Flight of safety from banks. Speaking of SVB, they were not alone in their troubles last week. Three other banks shut down as well: Credit Suisse (which had to borrow $54 billion from the Swiss central bank.



People are starting to lose trust in banks and their ability to protect their money and their data. And they are looking for alternatives that are more secure, more transparent, and more decentralized.



That's where Bitcoin and Ethereum come in handy. They offer a way for people to store their wealth outside of the banking system, without intermediaries or censorship or manipulation.



Remember...this was originally why Bitcoin was created: To provide a peer-to-peer electronic cash system that does not rely on any central authority or institution.

 

#3 Binance Just Bought A Billion Dollars Worth Of Crypto...And You Can Too

On Monday , #CZBinance , one of the most influential people in crypto , announced that #Binance , one of the largest and most popular exchanges in the world , was converting USD 1 billion BUSD into native crypto , including BTC , ETH , and BNB .

This constitutes a huge buy pressure on these coins . And it also shows confidence and commitment from Binance to support their ecosystem .

These kinds of announcements can act as catalysts for other investors and traders who want to follow suit or ride on the momentum .



But listen . Nobody can explain market behavior with 100% certainty . So don't take these explanations as gospel . Take them with a grain of salt . The point is not to give you definitive answers . The point is



to help you understand how markets work , how psychology works , how emotions work .



That's how you train your mental models . That's how you become a better investor, a better entrepreneur , a better human being .



And that's what I'm here for . To help you level up your game , your skills , your mindset .



So if you enjoyed this artilce, please smash that like button , follow my channel , turn on notifications , leave me a comment below .



And if you want more content like this , my social media accounts . You know where to find me .



I'll see you next time . Peace out .



 

Images from Binance's Logo creation story by CZ.Enjoy the images of the #tattoo that revolutionized the #cryptocurrency world for ever told by #CZBinance himself. Image #1 Luke & Gareth & CZ Image #2 Binance Logo draft Image #3 Done by Daryl, "Naked Skin Tattoo" #Singapore #Binance #Bitcoin #BNB #CoinMarketCap Image #4 CZ started first, tattooed #Binance's logo. Image #5 Luke's arm. #CMC #CoinMarketCap #Bitcoin #Binance Image #6 Final result, a start of an amazing journey. Image #7 Professional Binance logo grid from Binance's design team. Read the full story here: https://medium.com/binanceexchange/are-you-committed-enough-to-tattoo-ef2085b0aed5 Let's keep #Build'ing. Like, follow, and share if you like. BuyBitcoinLeb🇱🇧 (Nader)

Images from Binance's Logo creation story by CZ.

Enjoy the images of the #tattoo that revolutionized the #cryptocurrency world for ever told by #CZBinance himself.

Image #1

Luke & Gareth & CZ

Image #2

Binance Logo draft

Image #3

Done by Daryl, "Naked Skin Tattoo" #Singapore #Binance #Bitcoin #BNB #CoinMarketCap

Image #4

CZ started first, tattooed #Binance's logo.

Image #5

Luke's arm. #CMC #CoinMarketCap #Bitcoin #Binance

Image #6

Final result, a start of an amazing journey.

Image #7

Professional Binance logo grid from Binance's design team.

Read the full story here:

https://medium.com/binanceexchange/are-you-committed-enough-to-tattoo-ef2085b0aed5

Let's keep #Build'ing.

Like, follow, and share if you like.

BuyBitcoinLeb🇱🇧 (Nader)
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