Close Menu
Cryprovideos
    What's Hot

    Peter Brandt Calls XRP Chart ‘Pure’ – Right here’s Why

    October 14, 2025

    Rising Markets Outperform Developed Counterparts in Bond Sector

    October 14, 2025

    JPMorgan Confirms Bitcoin Buying and selling, Sends Merchants Rallying for High Altcoins like Bitcoin Hyper

    October 14, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»Changpeng Zhao’s Affect on Binance Sparks Controversy Regardless of Official Ban
    Changpeng Zhao’s Affect on Binance Sparks Controversy Regardless of Official Ban
    Crypto News

    Changpeng Zhao’s Affect on Binance Sparks Controversy Regardless of Official Ban

    By Crypto EditorFebruary 18, 2025No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Changpeng Zhao (CZ), the co-founder and former CEO of Binance, stays a dominant power within the crypto business regardless of formally stepping down as a part of his plea cope with the US Division of Justice (DOJ).

    Whereas he publicly dedicated to specializing in his instructional initiative, Giggle Academy, a lot of his on-line presence nonetheless revolves round Binance’s BNB Chain. This has led to rising hypothesis about his continued affect on Binance’s path and the crypto market at massive.

    CZ’s Official Exit and Put up-Jail Plans

    CZ was compelled to step down from Binance in 2023. He agreed to a lifetime ban on managing the corporate as a part of his settlement.

    Following his launch, CZ introduced that he would give attention to Giggle Academy, an academic mission to supply free studying assets worldwide. The Binance government had aggressively promoted the initiative earlier than his arrest. One in every of Giggle Academy’s aims is to show youngsters the best way to keep away from rug pulls.

    “There are all the time extra alternatives sooner or later than there have been up to now…Giggle Academy has been going properly, and shall be a giant a part of my life for the subsequent few years…I can even dedicate extra time and funding to charity (and schooling). I’ve some tough concepts…Oh, Binance appears to be doing properly with out me back-seat driving, which is superb. Each founder’s dream,” CZ shared on X post-release in September.

    Nonetheless, his social media exercise tells a unique story—one through which BNB Chain stays a major focus of his discussions.

    Regardless of his departure, CZ’s affect over BNB Chain is simple. His outspoken curiosity in BNB Chain has led to a major surge in its buying and selling quantity, surpassing Solana.

    On February 16, crypto educator Crypto with Khan famous that BNB Chain’s 24-hour buying and selling quantity had exceeded $3.73 billion, in comparison with Solana’s $2.66 billion. CZ referenced information from DeFiLlama, emphasizing that BSC (BNB Good Chain) had outpaced Solana’s weekly quantity.

    Changpeng Zhao’s Affect on Binance Sparks Controversy Regardless of Official Ban
    DeFi Chains Quantity and Income Comparisons. Supply: DefiLlama

    Nonetheless, Solana has since reclaimed its place on the high, with the BNB chain coming third after Ethereum. The most recent information on DefiLlama reveals that Solana, Ethereum, and BNB recorded $2.94 billion, $2.24 billion, and $2.15 billion, respectively.

    In the meantime, CZ’s continued presence in crypto has sparked each admiration and skepticism. Supporters see him as a visionary chief, suggesting that Changpeng Zhao’s involvement has been instrumental in its development.

    “What is going on with BNB Chain proper now could be a testomony to the truth that a real dragon can’t be caged! CZ was jailed for 4 months and compelled to step down from Binance in opposition to cause. He got here again, took a brief break, and selected to give attention to BNB Chain. BNB Chain is already making waves beneath his path, and it doesn’t take a prophet to see that issues are solely going to get extra thrilling from right here,” wrote Da Viking, a core advisor at Floki.

    Nonetheless, others argue that his affect is reckless. DeFi researcher Leviathan accused CZ of driving speculative frenzies.

    “Congrats CZ, you drove a whole bunch of hundreds of thousands of volumes on BNB as hundreds created faux meme cash rinsing and rugging for hundreds of thousands,” Leviathan expressed.

    This criticism aligns with considerations that his feedback set off waves of short-lived, hype-driven investments that lack long-term utility.

    CZ acknowledged the over-interpretation of his posts, lamenting that any random point out of something has a couple of additional meanings connected to it. This assertion adopted backlash over the explosive rise of meme cash and AI initiatives following his tweets.

    Amidst the controversy, it’s unattainable to disregard Binance Labs’ current rebranding to YZi Labs. CZ described the rebranding as an growth of imaginative and prescient. Nonetheless, hypothesis is that the transfer permits CZ to rejoin with out violating his ban from Binance’s administration.

    Whereas the official narrative positions YZi Labs as impartial, many consider it’s a backdoor for CZ’s continued affect in crypto.

    BNB Price Performance
    BNB Value Efficiency. Supply: BeInCrypto

    BeInCrypto information reveals that the BNB value has decreased nearly 3% up to now 24 hours. As of this writing, it was buying and selling for $656.65.

    Disclaimer

    In adherence to the Belief Venture pointers, BeInCrypto is dedicated to unbiased, clear reporting. This information article goals to supply correct, well timed info. Nonetheless, readers are suggested to confirm details independently and seek the advice of with knowledgeable earlier than making any choices primarily based on this content material. Please notice that our Phrases and Circumstances, Privateness Coverage, and Disclaimers have been up to date.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    CoinLander Delivers Excessive-Yield Crypto Returns Secured by Actual-World Mortgages | UseTheBitcoin

    October 14, 2025

    Societe Generale-FORGE and Bitpanda Increase Partnership to Carry Regulated Stablecoins to DeFi

    October 14, 2025

    NFT Information: Benoît Pagotto, RTFKT Co-Founder, Dies Immediately at 41

    October 14, 2025

    Amundi, Europe’s Largest Asset Supervisor, Prepares for 2026 Crypto ETF Debut – BlockNews

    October 14, 2025
    Latest Posts

    JPMorgan Confirms Bitcoin Buying and selling, Sends Merchants Rallying for High Altcoins like Bitcoin Hyper

    October 14, 2025

    Mysterious Hyperliquid dealer is doubling down on their Bitcoin brief

    October 14, 2025

    Bitcoin Up 2% On $46.3M MARA Purchase, Attainable Technique Buy

    October 14, 2025

    7 Finest Altcoins to Purchase Now as Bitcoin Value Recovers

    October 14, 2025

    Schiff: Bitcoin Crash Was a 'Warning' – U.At this time

    October 14, 2025

    CZ Exposes Bitcoin Whale Who Made $192M From Friday’s Crash

    October 14, 2025

    BlackRock CEO Larry Fink Says Bitcoin “Not A Dangerous Asset”

    October 14, 2025

    XRP Holders Didn't Panic Regardless of 50% Worth Drop, Peter Brandt Points Bullish Verdict on Bitcoin (BTC), Shiba Inu (SHIB) Again in 2023 — Crypto Information Digest – U.At the moment

    October 14, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Prime Crypto Information This Week: Trump Hosts Crypto Summit, ENA Unlocks, Pectra Improve, and Extra

    March 3, 2025

    Is It Too Late To Purchase HBAR? Hedera Value Surges 176% In A Week And This May Be The Subsequent Crypto To Explode

    December 3, 2024

    How To Put money into Crypto as A COMPLETE Newbie [2025 GUIDE]

    March 9, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.