Latest Changpeng Zhao News

  • Binance CEO CZ Showcases First Use of Binance Card
    Binance CEO CZ Showcases First Use of Binance Card
    Binance CEO Changpeng Zhao shows first beta transactions involving Binance’s long-anticipated crypto debit card, Binance Card. Binance’s CEO has just demonstrated the first use of Binance Card, a cryptocurrency debit card that was first announced by Binance in April 2020. In a July 10 tweet, Binance CEO Changpeng Zhao revealed that he is taking part in Binance Card beta testing, featuring transactions involving Binance’s native token, BNB. This story is developing and will be updated.
  • Researcher: Exchanges Could Fight Hackers By Renting Mining Power
    Researcher: Exchanges Could Fight Hackers By Renting Mining Power
    A researcher suggested that exchanges could “rollback” hacks by renting mining power from online marketplaces. Speaking at Unitize virtual event, Coin Metrics researcher Lucas Nuzzi suggested that one way for exchanges to fight back against the hackers is by renting mining power from online marketplaces. 6 confirmations ticking countdown Nuzzi conjectured that an exchange which has been hacked could rent enough hashpower through an online marketplace to force a favorable network reorganization: “So it is essentially a technique to try and reorg yourself by renting mining power and doing that work where if you’re an exchange and you've been hacked, within those six work confirmations that the network is expecting to be considered final But through mining, you could potentially, within those six blocks alter a transaction where your hot wallet has been drained.
  • Twitter Users Can Now Send Crypto to Each Other with Torus
    Twitter Users Can Now Send Crypto to Each Other with Torus
    A private key management startup, Torus, enables social media users to send crypto using Twitter and GitHub handles. Torus, a Singaporean crypto key management platform, now allows users to send cryptocurrencies through social media platforms like Twitter. With Torus’ latest update, v1.7.2, users can now send tokens to any Twitter or GitHub account, even if that account has never used Torus’ crypto wallet, the firm says. Torus publicly sends ETH to Buterin, Musk, and CZ on Twitter Announcing the news on Monday, Torus showcased a couple of Twitter transactions, featuring 0.01 ETH transfers to major crypto figures like Ethereum co-founder Vitalik Buterin, Binance CEO Changpeng Zhao as well as Elon Musk.
  • Binance Gets the Third Branded Emoji on Twitter as Anniversary Comes Close
    Binance Gets the Third Branded Emoji on Twitter as Anniversary Comes Close
    Binance Coin is now the third crypto to receive a branded hashtag on Twitter, which appears to be in preparation for its three year anniversary. Binance and its eponymous cryptocurrency, Binance Coin (BNB), is the third entity to receive a branded emoji hashtag following Bitcoin (BTC) and Crypto.com. This was announced by Binance’s CEO, Changpeng Zhao, who simply tweeted #BNB — showcasing the new emoji. #BNB— CZ Binance 🔶🔶🔶 (@cz_binance) July 1, 2020 The co-founder appears to be visibly excited with the cosmetic change, writing, “I think I could just sit here and randomly retweet people's #BNB tweets all day long,” though he appears to have retweeted only one of them so far. As reported by Cointelegraph earlier, branded hashtags are a little known service provided by Twitter to high value brands.
  • First Rupiah-Backed Stablecoin Launches on Binance and Tokocrypto
    First Rupiah-Backed Stablecoin Launches on Binance and Tokocrypto
    Binance launched the stablecoin on its own blockchain thanks to a collaboration with Indonesian crypto exchange Tokocrypto. Major cryptocurrency exchange Binance and Indonesian exchange Tokocrypto have listed a rupiah-backed stablecoin, Binance IDR (BIDR). According to an announcement on June 30, Binance and Tokocrypto users can now trade BIDR against Bitcoin (BTC), Binance Coin (BNB), Binance USD (BUSD), Tether (USDT) and Ether (ETH).
  • Binance Prepares ‘For the Next Wave’ With ‘Largest Upgrade’
    Binance Prepares ‘For the Next Wave’ With ‘Largest Upgrade’
    Source: Instagram, Binance Major crypto exchange Binance has resumed trading after completing its “largest upgrade to date,” which according to the exchange’s CEO, Changpeng Zhao, included switching the trade matching engine to a new programming language, essentially re-writing all code in the process. “Readying for the next wave,” the CEO said on Sunday.
  • Binance Completed Its Biggest Upgrade Ever and Says It’s 10x Faster
    Binance Completed Its Biggest Upgrade Ever and Says It’s 10x Faster
    Binance has completed its biggest platform upgrade in two years, it’s getting the speed ready for the next crypto bull run. Binance just completed its largest upgraded on June 28, making the world’s largest crypto exchange faster, announced founder and CEO Changpeng Zhao, or CZ. Anticipating the next bull run  The trading platform has reportedly re-wrote all code and switched the matching engine to a new programming language.
  • Market Predictions, Miner Fees Fluctuate, & China Moves Fast: Bad Crypto News of the Week
    Market Predictions, Miner Fees Fluctuate, & China Moves Fast: Bad Crypto News of the Week
    Check out this week’s Bad Crypto podcast. An eventful week for Bitcoin this week.
  • CZ Highlights Anti-Addiction Notice After a 20-Year Old Committed Suicide For Losing $730K On Robinhood
    CZ Highlights Anti-Addiction Notice After a 20-Year Old Committed Suicide For Losing $730K On Robinhood
    Changpeng Zhao, the CEO of the world’s leading cryptocurrency exchange, Binance, recently highlighted the importance of anti-addiction notices when trading high-risk products such as options.
  • Binance CEO CZ Explains Why He Disabled Twitter Comments
    Binance CEO CZ Explains Why He Disabled Twitter Comments
    Binance CEO Changpeng Zhao recently restricted the ability to comment on his Twitter posts, but only partially.