Today, I stepped down as CEO of Binance. Admittedly, it was not easy to let go emotionally. But I know it is the right thing to do. I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for myself.
Binance is no longer a baby. It is time for me to let it walk and run. I know Binance will continue to grow and excel with the deep bench it has.
I’m pleased to announce that @_RichardTeng, our now former Global Head of Regional Markets, has been named the new CEO of Binance today.
Richard is a highly qualified leader and, with over three decades of financial services and regulatory experience, he will navigate the company through its next period of growth. He will ensure Binance delivers on our next phase of security, transparency, compliance, and growth.
Prior to joining Binance, Richard was CEO of the Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM); Chief Regulatory Officer of the Singapore Exchange (SGX); and Director of Corporate Finance in the Monetary Authority of Singapore.
With Richard and the entire team, I’m confident that the best days for @Binance and the crypto industry lay ahead.
As a shareholder and former CEO with historical knowledge of our company, I will remain available to the team to consult as needed, consistent with the framework set out in our U.S. agency resolutions.
What’s next for me?
I will take a break first. I have not had a single day of real (phone off) break for the last 6 and half years.
After that, my current thinking is I will probably do some passive investing, being a minority token/shareholder in startups in areas of blockchain/Web3/DeFi, AI and biotech. I am happy that I will finally have more time to spend looking at DeFi.
I can’t see myself being a CEO driving a startup again. I am content being an one-shot (lucky) entrepreneur. Should there be listeners, I may be open to being a coach/mentor to a small number of upcoming entrepreneurs, privately. If for nothing else, I can at least tell them what not to do.
On that note, I am proud to point out that in our resolutions with the U.S. agencies they:
- do not allege that Binance misappropriated any user funds, and
- do not allege that Binance engaged in any market manipulation.
Funds are SAFU!
With that, I look forward to seeing the new leadership take the reins. Please join me in congratulating Richard on his well-deserved promotion.
Onwards!
CZ
🔴 + 🌱 + 🌟 =
Introducing the sei/acc program.
If you are an experienced founder or subject matter expert, you can read more and apply here: https://t.co/IbeM2YuIIe
Sei Network | User Behaviour
======
Only 0.6% of Sei network transactions are signed by addresses that are not related to the platform or Oracle! For another 535m transactions, only 350 SEI were paid as pawns. Join me as I share with you the interesting results of this analysis.
Introducing the Sei Marines - the new horizon of the Atlantis Ambassador Program, now embarking on a mission to foster a community of digital visionaries.
Dive into a world where networking, learning, and brand-building sail together.
Explore a revamped ambassador voyage, now Powered by @Galxe: https://t.co/nf1qezbUx8 🌊
🚢 A New Chapter:
The spirit of Atlantis sails forward as our devoted ambassadors rise to become Sei Marines.
With renewed energy and focus, Marines chart their own paths, elevating the tale of Atlantis to new horizons.
PS: Worry not, your Atlantis progress will sail along!
☄️ Loyalty Cards & Rewards:
Embark on a rewarding journey tailored for the ambitious.
Elevate through the ranks, unlock loyalty cards, and enjoy in bespoke rewards designed to commemorate your contributions and fuel your progression.
Every milestone is a doorway to new opportunities and acknowledgments.
🪜 Structured Growth:
Your Sei Marine journey is tiered.
🔍 Learn as a Crew or Officer, laying the foundation.
💡 Inspire as a Captain or Major, shaping strategies & fostering connections.
🌐 Lead as a Colonel, spearheading community initiatives.
Track your progress every step of the way with your cards!
🎙️Ecosystem Teams & Recognition:
Under the guidance of Sei Ecosystem Teams, the Sei Marine program cherishes and rewards your commitment.
Claim your loyalty cards packed with exclusive privileges, tailored especially for our loyal Marines.
🛖 New Digital Home:
We’re thrilled to bring to life our revamped Sei Marines Ambassador Program.
Your journey towards unlocking new roles, perks & NFTs starts NOW.
Dive in for a detailed step-by-step guide, helping you navigate your journey:
👉 https://t.co/Tu7nQ6KVQZ
✖️ Sei Marines Exclusive Twitter Channel:
Introducing a dedicated Twitter channel for Sei Marines!
Connect for program highlights, ambassador spotlights, and key updates.
Dive into the Sei Marines journey and celebrate our community’s milestones.
https://t.co/pgvC3X2gQj
🚢 The Marine Voyage:
Sei Marines is more than a program - it’s a voyage across the Web3 depths.
Dive in for deep learning, global networking, and carving a distinct identity in the expansive blockchain realm.
https://t.co/nf1qezbUx8
1.5 months have passed since the @SeiNetwork launch!
The Sei chain has quickly risen to the top based on chain performance, and here's why:
🌟 Success Rate: 99%
The Sei chain boasts a 99% success transaction rate, surpassing all other chains.
Let's see some comparison: 👇
Getting started on Sei just got easier. 🚢🌁
Starting today, users transferring select assets from the Ethereum mainnet will be granted a starter amount of $SEI to cover gas costs on Sei.
Experience a smooth introduction into the ecosystem: https://t.co/xVSQm6SEIi
Don't just ride the waves, create them 🚢🌊
With Sei, transform your visions into reality using unparalleled tools and speed.
Dive deeper in our latest blog post: "A Guide to Building on Sei" https://t.co/x4V8ayAogz
First week of a new month! 💪🏼
Here’s our roadmap for Q3 (Jul - Sept) 🔥
Please be reminded that development can always be delayed but we’ll always try to keep you updated
1/ Gluwa 🤝 Aella
Gluwa has been collaborating with @Aella since 2019 to deliver more financial inclusion across Africa! Learn more about how we're delivering for the people of Nigeria 🇳🇬 👇
Are you ready to upgrade your Underground Mikey to Rising Star Mikey? 🤩
The upgrade function will be added soon so keep an eye out for our announcement!
https://t.co/1j9mTlOrzY
#NFT $PLA