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
ビットバンクでは、イーサリアム(ETH)、ポリゴン(MATIC)、ザ・サンドボックス(SAND)について、マルチチェーン対応することを決定しましたのでお知らせいたします。
bitbank has decided to support multi-chain for Ethereum, Polygon, and The Sandbox.
https://t.co/vBlJVGTSpe
1/ The Chainlink Cross-Chain Interoperability Protocol (CCIP) has officially launched on Avalanche, Ethereum, Optimism, and Polygon mainnets.
#LinkTheWorld
1/ New beta drop! 👀
Meet UniswapX⚡— a new permissionless, open source (GPL), auction-based protocol for trading across AMMs & other liquidity sources.
TL;DR: Over time, it’ll give users more liquidity, better prices, MEV protection, & gas-free swapping!
Opt-in to the beta👇
#Ethereum @optimismFND packages and docs are up. You can run a node just by firing a few commands:
➖sudo apt update && sudo apt install optimism-op-node optimism-op-geth
➖op-geth-preinstall
➖sudo systemctl start op-geth
➖sudo systemctl start op-node
https://t.co/XZqMbX7fFG
This is an #Ethereum Archive Node (@erigon) running on a <$500 ARM board using 10w of power.
In 2023 you can run an archive node on commodity hardware because Ethereum has always prioritized decentralization.
Hardware breakdown and info ⬇️
New release drop!
v4.0.6 highly recommended to upgrade with bug fixes and optimizations to shorten block proposal time under various edge cases. Highlights: https://t.co/QXf6FdeXuP
1/ Today, we’re announcing our vision for Uniswap v4 🦄
We see Uniswap as core financial infrastructure & think it should be built in public with space for community feedback and contribution.
An early implementation of the code can be found here:
https://t.co/toy3k7plnU
The OP Mainnet migration to Bedrock has begun!
Deposits & withdrawals on the legacy network and transactions to the sequencer have been paused.
To follow along with the migration, bookmark this page:
https://t.co/UGE5vDZOuB
Due to the the size of the archival data disk, it is taking longer than anticipated for the legacy-geth archival datadir to be available.
We have updated Mission Control to include a suggested plan for Archival Node Operators to follow in the meantime.
https://t.co/o6UjKZaVKy
1/ Hey Arbinauts!💙🧡
@Circle is launching USDC natively on @Arbitrum on June 8th!
To learn more about this launch and how to migrate liquidity from “bridged USDC” to native USDC, please check out our blogpost 👉https://t.co/N89GIo6wPE
🧵👇