cz

Back in 2017, Binance launched quietly. Few people really noticed, and even fewer imagined that a small token sold in an ICO for around $0.11 to $0.15 would one day become the backbone of a huge blockchain ecosystem. That token was BNB, or Binance Coin, and its story is more than just numbers. It's about vision, risks, hype, mistakes, corrections, and persistence.

BNB started simply. It was just a coin to pay for lower trading fees on Binance. But over the years, it evolved into something much bigger. Today, BNB isn’t just for fees. It’s used for staking, DeFi, GameFi, NFT projects, Launchpools, cross-chain transactions, and more. Its journey shows how a simple idea, backed by the right execution, can grow into a global phenomenon.

1. CZ – From a Young Programmer to Crypto Visionary

Changpeng Zhao, better known as CZ, is the face behind Binance. Born in 1977 in China, his family moved to Canada when he was twelve. He worked at McDonald’s as a teen, studied Computer Science at McGill University, and eventually worked in tech roles at Bloomberg and the Tokyo Stock Exchange. CZ built high-frequency trading software, gaining deep insight into how markets work.

In 2013, he took a big leap—he sold his apartment and bought Bitcoin when it was around $600 each. He later became CTO at Blockchain.info and OKCoin. CZ saw the growing potential in crypto, and when China started regulating exchanges in 2017, he decided to launch his own global platform: Binance. That decision would change the trajectory of BNB forever.

2. The BNB ICO – Eight Days That Started It All

From June 26 to July 3, 2017, Binance ran an ICO for BNB. The goal was modest—raise $15 million. The result? Exactly that. 200 million BNB tokens were minted: 50% for the public, 40% for the team (locked), and 10% for angel investors. Each token cost between $0.11 and $0.15. It was simple: use it on Binance for trading fee discounts. At that moment, nobody could have imagined that BNB would one day run an entire blockchain ecosystem.

3. Launch and Early Success

Binance went live on July 14, 2017, just 11 days after the ICO ended. Right away, it offered something unique: low fees, fast trading, and a wide variety of altcoins. Traders noticed. By the end of the first month, Binance was already one of the top exchanges in the world by trading volume. BNB demand increased rapidly because everyone wanted to save on fees. The coin's utility created immediate value, and people started taking notice.

4. BNB Chain – Turning a Token into a Network

2019 marked a turning point. Binance launched its own blockchain, Binance Chain. BNB transitioned from an ERC-20 token to a native coin on this new chain. Then came Binance Smart Chain (BSC) in 2020, designed for fast and cheap transactions. BSC became home to numerous DeFi projects like PancakeSwap, sparking a boom. By 2021, BNB reached an all-time high around $690. Binance Smart Chain was later rebranded as BNB Chain, with the motto “Build and Build.” Suddenly, BNB was no longer just a discount token—it was the heart of an entire ecosystem.

5. Burn Mechanism – Controlling Supply, Creating Value

One of the smartest moves in BNB’s evolution was the quarterly burn. Binance committed to buying back and destroying a portion of BNB every quarter. This gradual reduction of supply—aiming to cut circulating supply to 100 million—created scarcity. Investors responded. This wasn’t hype; it was a calculated strategy to maintain value over the long term. Every burn, every announcement reinforced confidence in the coin’s future.

6. Challenges and CZ’s Legal Issues

Growth didn’t come without challenges. In 2023, Binance faced scrutiny from US authorities. CZ had to step back temporarily due to legal investigations related to regulatory compliance. The market reacted with fear, but the BNB ecosystem didn’t collapse. It proved that BNB was resilient, and the network wasn’t dependent solely on one individual. The community, projects, and Binance infrastructure continued to grow.

7. Current Status – 2026

As of early 2026, BNB remains one of the top crypto assets by market cap. Its real-world use cases are extensive: paying gas fees on BNB Chain, staking, participating in Launchpool events, DeFi, NFTs, and cross-chain transactions. BNB is no longer just the coin behind an exchange—it’s a full ecosystem token. Quarterly burns continue, circulating supply slowly decreases, and demand keeps rising as the chain grows.

8. The Future – What Could Happen Next

Looking forward, the future of BNB depends on several factors: global regulations, developer activity on BNB Chain, Layer-2 adoption, and competition from other exchanges. Scarcity combined with increasing utility could drive price appreciation over the long term. But it’s crypto, and volatility is a constant. Smart investors watch both opportunity and risk.

Conclusion

BNB’s journey is inspiring. What started as a simple token for fee discounts has become the backbone of a global blockchain ecosystem. CZ’s vision, risk-taking, and execution turned BNB into a powerhouse. From an ICO worth $0.11 per coin to a multi-billion-dollar network asset, the story of BNB proves that in crypto, small beginnings can lead to extraordinary outcomes.
Build and Build. The story isn’t over yet.
$BNB
#BNB #BNBChain #cz

Binance founder Changpeng Zhao (CZ) stated in an AMA (Ask Me Anything) session that centralized exchanges (CEX) and decentralized exchanges (DEX) will continue to coexist for many years to come.
CZ also stated that global cryptocurrency adoption is much lower than commonly believed, adding, “The true depth is probably below 1%.”
According to CZ, CEX and DEX platforms are not direct competitors but serve different user profiles. CZ stated that using DEX platforms requires technical knowledge and a high level of security discipline, adding that protecting one’s own wallet is still a specialized field.
CZ stated that those wishing to actively trade on DEXs should use a “clean” and secure computer, adding that assets in wallets could be at serious risk if infected with malware.However, CZ noted that CEXs offer a simpler user experience with features like email, passwords, and customer support, and that non-technical users initially prefer centralized exchanges. He added that users who gain experience may eventually switch to DEXs.
CZ stated that the global crypto ownership rate is estimated to be around 8–10%, but these individuals hold less than 10% of their total assets in cryptocurrencies. In light of this data, he indicated that the true share of crypto in global wealth remains below 1%.
Therefore, CZ stated that there is still significant growth potential in the sector, adding that it is not accurate to speak of meaningful competition between CEX and DEX at this stage, as the market is large enough to accommodate thousands of players.CZ urged projects and ecosystem teams to “focus on their own work instead of looking at others.” Stating that a good product wins in the long run, CZ said that short-term fluctuations in token price shouldn’t be given too much importance. He argued that the security of user funds, low cost, fast transactions, and a good user experience are the real success criteria.He also stated that projects issuing tokens should regularly update their products, share their roadmap transparently, and maintain frequent communication with the community.
CZ, who openly stated that he is not an expert in memecoin trading, indicated that investors who buy memecoins based on his own posts will most likely lose money. He noted that long-lasting memecoins have a strong cultural base and loyal community, and that new projects in this area are riskier. He advised, “If you don’t know what you’re doing, don’t get in.”
CZ stated that the current bear market has different dynamics than past cycles. He considered the US’s more supportive stance towards crypto as a positive development in the long term.
However, CZ stated that it is impossible to make a clear prediction about the market direction in the short term, and that investors should carefully evaluate their own risks. “I believe the sector will do well in the long term,” CZ said, adding that the focus should be on creating lasting value rather than focusing on daily price movements.$BNB
$BTC
$ETH
#cz #bnb #Binance #CPIWatch #USNFPBlowout

#Aster $ASTER Нещодавно Changpeng Zhao (CZ) опублікував допис, у якому згадав, що застейкав Aster. На момент публікації ринок відреагував швидко: багато хто зайшов емоційно, після чого відбувся різкий відкат — класичний сценарій “залетіли на хайпі — побрило”.
Але зараз ситуація може виглядати інакше.
Чому це може бути важливо?
Люди такого рівня, як CZ, рідко публікують щось випадково — особливо якщо це потенційно впливає на їхню репутацію.
Будь-який його публічний сигнал:
аналізується інституційними гравцями
відстежується маркет-мейкерами
розглядається як непрямий індикатор впевненості
Історично великі гравці не “памлять” одразу — вони заходять позиційно, дають ринку охолонути, а рух починається пізніше, коли більшість уже втратила інтерес.
Що ми бачимо зараз?
Якщо припустити, що початковий імпульс був лише фазою збору ліквідності, то поточний етап може бути більш структурним накопиченням. Саме в такі моменти формується база для потенційного імпульсного руху.
Це не означає гарантований “політ”, але:
інформаційний тригер уже був
слабкі руки вийшли
увага до активу зберігається
Висновок
Іноді ринок реагує на новину не в день її виходу, а значно пізніше — коли створено правильні технічні та ліквідні умови.
Якщо за повідомленням стоїть реальна позиція, а не просто слова, то ми можемо побачити рух із затримкою.
Будьте уважні, контролюйте ризик і не заходьте на емоціях.
У крипторинку перемагає не той, хто перший побачив твіт, а той, хто правильно прочитав фазу ринку #CZ #Aster

The Transparency Trap I am Talks About
Blockchain technology was built on a promise of openness. Every transaction visible, every wallet traceable, every deal recorded for the world to see. For years, the industry celebrated this radical transparency as its greatest strength. Now, some of crypto's biggest names are saying it might actually be its greatest weakness.
Binance co-founder Changpeng "CZ" Zhao took to X over the weekend to highlight what he believes is a fundamental barrier standing between crypto and mainstream payments adoption. His argument was straightforward: imagine a company paying employees on-chain. Within minutes, anyone with a block explorer could map out the entire salary structure just by following wallet addresses.
It is not a hypothetical concern. It is the reality of how public blockchains work today, and it is making both everyday users and deep-pocketed institutions think twice before going all in.
Wall Street Wants In, But Not Like This
CZ's comments landed right alongside a broader conversation happening at CoinDesk Consensus in Hong Kong, where institutional heavyweights made the same point from a different angle.
Fabio Frontini, CEO of Abraxas Capital Management, put it bluntly during a panel on the institutional market cycle. For large-scale transactions, total transparency is not an advantage. Institutions need deals to remain auditable and verifiable, but only to the parties who are supposed to have access. Full public exposure of transaction details is a dealbreaker at that level.
The concern is not theoretical. In December, JPMorgan arranged a $50 million commercial paper issuance for Galaxy Digital on the Solana blockchain. It was a milestone moment for tokenized debt on a public chain. But it also put a spotlight on the gaps that still exist.
Emma Lovett from JPMorgan's Markets DLT team emphasized that institutions will not move serious capital on-chain until they are confident their entire transaction history will not be exposed the moment someone identifies a single wallet address.
Execution Certainty Matters Just as Much
Thomas Restout, group CEO of B2C2, added another layer to the discussion. Privacy alone will not solve the problem. Institutions also need certainty of execution. When you are operating at the scale of trillions rather than thousands, the margin for error shrinks to almost nothing.
Restout pointed out that some blockchain networks have already pivoted toward privacy-focused infrastructure specifically to attract institutional capital. The race is not just about speed or cost anymore. It is about building systems that meet the operational standards Wall Street demands.
The Bottom Line
The crypto industry has spent years chasing adoption. The technology works. The infrastructure is maturing. But until privacy and execution guarantees catch up, the biggest players in finance will keep one foot firmly on the sidelines. CZ and the voices at Consensus are sending a clear message: fix privacy, or forget mass adoption.

#CZ #PrivacyProtection #Binance

Основатель крупнейшей криптовалютной биржи Binance Чанпэн Чжао (Changpeng Zhao) считает, что одно из главных преимуществ большинства криптовалют ― полная прозрачность транзакций ― может сдерживать массовое использование цифровых активов.
Чжао считает, что одной из главных проблем массового использования криптовалют для платежей является недостаток приватности транзакций. Это свойство блокчейна заставляет компании и различные учреждения воздерживаться от оплаты расходов с помощью цифровых активов. «Представьте компанию, которая выплачивает зарплату в криптовалютах. Сейчас любой человек сможет увидеть суммы выплат просто посмотрев на транзакции кошелька, откуда пришли деньги. Это может быть проблемой для массового принятия криптоплатежей», — пояснил Чжао.
Основателя Binance поддержал бывший специалист по развитию бизнеса в криптопроекте Kaspa Авидан Абитболь (Avidan Abitbol). Он подчеркнул, что транзакции могут содержать критически важную информацию о корпоративных рабочих процессах, иметь отношение к коммерческой тайне и дать конкурентам представление о финансовом положении компании.
Ранее Чанпэн Чжао рассказал, что, по его оценкам, криптовалютами владеет около 10% населения Земли.

#Binance #CZ $BNB $BTC

The rivalry between Binance and FTX remains one of the most discussed chapters in crypto history. What started as early cooperation between two rapidly growing companies later evolved into fierce competition — and ultimately coincided with one of the most dramatic collapses the digital asset industry has ever seen.
In a widely followed appearance on the All-In Podcast, former Binance CEO Changpeng Zhao (CZ) shared one of his most detailed public timelines describing how the relationship formed, deteriorated, and ended — long before FTX’s collapse in late 2022.
Below is a neutral, news-style breakdown designed to provide context and clarity for readers.
Early Cooperation: When Binance and FTX Were Partners
According to CZ, his first meeting with Sam Bankman-Fried dates back to early 2019 at a Singapore industry conference. At the time, Bankman-Fried was running Alameda Research, a quantitative trading firm that was already active on Binance’s platform.
Alameda quickly became a major trading participant, strengthening ties between the two ecosystems. As FTX was being developed, discussions emerged around collaboration in derivatives trading — a rapidly expanding sector within crypto markets.
Later in 2019, Binance acquired a minority equity stake in FTX. The arrangement reportedly included a token swap involving BNB and FTT. CZ has emphasized that Binance maintained a passive investment role and did not request access to FTX’s internal financial reporting.
At that stage, the partnership reflected a broader industry trend: fast-moving growth supported by strategic alliances between emerging platforms.
Rising Competitive Tensions
Despite a cooperative beginning, competitive pressures soon surfaced. CZ later stated that he began hearing reports of disagreements and competitive positioning discussions within policy and industry circles.
He also pointed to growing friction over talent recruitment and overlapping outreach to high-value clients — a natural outcome when two firms operate in the same fast-scaling derivatives space.
Publicly, both leadership teams maintained professional appearances. Behind the scenes, however, market positioning and expansion strategies were diverging quickly.
This phase illustrates how crypto’s rapid development cycle can intensify rivalry, especially when firms compete for liquidity, talent, and regulatory influence.
Binance’s Strategic Exit
By early 2021 — as FTX reached multi-billion-dollar valuations — Binance decided to unwind its investment. CZ explained that Binance preferred competing independently rather than remaining a shareholder in a direct rival.
The exit was completed around mid-2021, roughly 18 months before FTX’s liquidity crisis. CZ has repeatedly stated that the decision was strategic and not based on insider knowledge of FTX’s finances.
From an industry perspective, the move aligned with Binance’s broader expansion goals while allowing FTX to continue scaling as an independent competitor.
Collapse and Industry Shockwaves
In November 2022, FTX experienced a severe liquidity crisis after reports surfaced alleging misuse of customer funds connected to Alameda Research. Confidence deteriorated rapidly, triggering mass withdrawals and eventual bankruptcy.
Binance’s announcement at the time regarding liquidation of remaining FTT holdings added market pressure. However, subsequent investigations pointed primarily to governance failures and alleged internal misconduct as the core drivers of FTX’s collapse.
Legal proceedings and recovery efforts continue, while the incident remains a pivotal case study in exchange transparency, risk management, and custodial responsibility.
Why This Story Still Matters
The Binance–FTX saga highlights how strategic partnerships can evolve into direct competition — and how governance, trust, and operational discipline remain essential in crypto markets.
CZ’s retrospective framing suggests the separation was gradual and strategic rather than reactionary. Regardless of perspective, the episode reshaped industry conversations around regulation, exchange standards, and investor protection.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Readers should conduct independent research before making financial decisions.

#CryptoNews #Binance #CZ

Changpeng Zhao (CZ) mentioned that proceeds from 12th Februay live — reportedly around $17,928 — would go to $GIGGLE Academy.
That’s a powerful community move. 👏
When a major crypto leader shows public support for an initiative, it naturally boosts visibility and confidence.
📉 Some traders are calling this a “buy the dip” moment.

📈 Others are watching closely for momentum and confirmation.
⚠️ But remember:
Never invest based purely on hype.Always manage risk.Do your own research (DYOR).Only use money you can afford to lose.
If $GIGGLE gains real backing, development, and long-term utility, that’s what truly drives sustainable growth — not just short-term excitement.
The smart move?

Stay informed. Watch the fundamentals. Protect your capital.

Pendiri Binance, Changpeng Zhao (CZ) menilai kurangnya privasi transaksi on-chain menjadi salah satu hambatan utama adopsi kripto sebagai alat pembayaran.
Menurutnya, transparansi yang menjadi ciri khas blockchain justru membuat banyak perusahaan ragu menggunakan crypto untuk kebutuhan operasional.
CZ menyebut bahwa tanpa mekanisme perlindungan data yang memadai, bisnis dan institusi besar enggan memproses pembayaran melalui jaringan publik.
Transparansi Blockchain Dinilai Jadi Hambatan
CZ memberi contoh sederhana, kika sebuah perusahaan membayar gaji karyawan menggunakan crypto secara on-chain, publik dapat melihat seluruh transaksi hanya dengan mengklik alamat pengirim. Dalam kondisi saat ini, siapa pun bisa mengetahui jumlah transfer dan frekuensinya.
“Dengan sistem sekarang, Anda bisa melihat berapa besar gaji setiap orang hanya dari alamat wallet,” ujar CZ dikutip dari Cointelegraph.
Bagi perusahaan, kondisi ini bukan sekadar isu teknis. Informasi transaksi dapat membuka data sensitif seperti struktur pengeluaran, relasi bisnis, hingga kondisi arus kas. Dalam persaingan usaha, data semacam itu berpotensi dimanfaatkan kompetitor.
Karena itu, menurut CZ, privasi bisa menjadi “missing link” dalam mendorong crypto payments ke tahap adopsi massal.
Risiko Keamanan dan Analisis Data
Selain aspek bisnis, CZ juga menyinggung risiko keamanan individu. Transparansi blockchain memungkinkan siapa pun melacak nilai aset dalam suatu wallet. Jika alamat tersebut terhubung dengan identitas tertentu, potensi penyalahgunaan meningkat.
Isu ini makin relevan seiring berkembangnya teknologi analitik blockchain dan kecerdasan buatan. Data transaksi yang terbuka dapat dianalisis secara masif untuk memetakan pola aktivitas finansial, hubungan antar entitas, hingga estimasi kondisi keuangan.
Data on-chain dianggap bisa mengungkap alur kerja perusahaan, mitra dagang, bahkan strategi bisnis. Dalam konteks ini, transparansi absolut dinilai kurang kompatibel dengan kebutuhan korporasi.
Kembali ke Akar Ideologi Kripto
Pernyataan CZ muncul di tengah meningkatnya kembali diskusi soal privasi digital dan prinsip cypherpunk.
Sejak awal, kripto dirancang sebagai sistem pembayaran peer-to-peer tanpa perantara. Namun, perlindungan privasi juga menjadi bagian penting dari filosofi tersebut.
Beberapa proyek blockchain kini mengembangkan teknologi seperti zero-knowledge proof dan shielded transactions untuk meningkatkan kerahasiaan transaksi tanpa mengorbankan keamanan jaringan.
Di sisi lain, transparansi tetap dianggap sebagai kekuatan utama blockchain untuk auditabilitas dan pencegahan manipulasi.
Kesimpulan
Pernyataan Changpeng Zhao menyoroti dilema mendasar dalam ekosistem kripto. Transparansi yang selama ini dipuji sebagai fondasi kepercayaan justru menjadi tantangan ketika crypto ingin digunakan sebagai alat pembayaran skala besar.
Jika industri ingin mendorong adopsi crypto payments oleh perusahaan dan institusi, solusi privasi on-chain perlu berkembang lebih matang.
Tanpa itu, kripto mungkin tetap dominan sebagai aset investasi, tetapi belum sepenuhnya siap menjadi medium of exchange yang digunakan secara luas.
#CZ #BNB $BNB