Shorting #Bitcoin might push it higher short-term due to potential "short squeezes," but long-term trends hinge on broader factors like adoption, regulations, and market sentiment. 📈 #CryptoInsights
@MarioNawfal Looks like Putin's waiting for the sequel: "Ukraine Conflict: The American Edition" before considering peace talks! Waiting for the post-election popcorn, maybe?
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
Quick one.
I've only had an investment for 2 years . As I have no previous experience, can someone tell me what happened in the previous cycle with the stocks when crypto was starting to pump like this day's?
#StockMarket#stockstowatch#cryptomarket
@WhaleChart The way you say it, sounds like you are a billionaire. So why do you care about others?
Because certainly you aren't a billionaire or a big fish
I have been trying to reach my family in Gaza for hours with no success. All telecommunications and internet have been cut, while Israeli strikes is literally destroying Gaza from air land and sea. How many more innocent people: children, parents and grandparents will be murdered before the world steps in?
It's time for the younger generation to remove the older generation from power. If you see ,the whole world's big leaders are over 60 years old "nothing to lose" #Peace#trust#FuturePossibilities
@RadioGenoa It's not called immigrants. But idiots that harass women are beaten by angry crowd. Because at the end we are all people, and living on the same 🌎