$116 Billion Less: Crypto Investors and Execs Experience Harsh Winter (Report)
Binance's CZ has seen the biggest decline in personal wealth, but SBF and Barry Silbert are reportedly broke.
Changpeng Zhao, or CZ, is one of the founders and the current Chief Executive Officer (CEO) of the leading cryptocurrency exchanges, Binance.
Previously, Zhao was part of the team that developed the popular resource Blockchain.info, and he has also served as the Chief Technology Officer (CTO) of OKCoin.
Born in China’s Jiangsu province in the year of 1977, Zhao, along with his family, moved to Vancouver (Canada) in the late 80s.
In February 2018, Forbes Magazine ranked him as the third on the “Richest People in Cryptocurrency” list.
Under his watch, Binance has managed to become one of the leading cryptocurrency exchanges. Not only does it see the highest amount of adjusted (real) trading volume in the years of 2017 – 2019, but it strives to create and to bring digital assets to the masses.
Another exciting thing about Changpeng Zhao is that he is particularly active on Twitter. He is regularly updating and interacting with his followers on the latest Binance news.
This is how Gin Chao, Binance’s CSO, describes CZ in an interview with CryptoPotato during 2019:
“CZ wants to keep the organization flat and entrepreneurial, and he’s done a pretty good job of maintaining that so far.”
Binance's CZ has seen the biggest decline in personal wealth, but SBF and Barry Silbert are reportedly broke.
SBF gets arrested, CZ reassures Binance is in good financial standing, MetaMask teams with PayPal, and other exciting events in
"Binance does not owe anybody money, you can ask around in the ecosystem," Zhao maintained.
"Things seem to have stabilized," Zhao said regarding the recent multi-billion user withdrawals from Binance.
Binance users have withdrawn around $1.14 worth of crypto from the platform today (December 13), CEO Zhao confirmed.
BNB took a beating amid the ongoing storm of negativity toward Binance. Meanwhile, BTC's price topped $17K as bulls are
Sam Bankman-Fried believes FTX fell from the top of the world because of an evil plan orchestrated by his rival
The company said the trades do not appear to be from a compromised API key.
Binance and FTX’s bosses have two different accounts of their exchange’s business dealings prior to the latter firm’s collapse.
SBF and CZ go head to head, CryptoCom publishes its proof-of-reserves, while the cryptocurrency market ends up where it was