Binance Doesn’t Have a Headquarters Because Bitcoin Doesn’t, Says CEO
"Wherever I sit, is going to be the Binance office," says Changpeng "CZ" Zhao.
Binance’s latest experiment to integrate decentralized finance with its centralized platform, Binance Smart Chain, is not here to beat DeFi, said the company’s CEO during CoinDesk’s invest: ethereum economy program.
Talking to CoinDesk at the World Blockchain Summit Asia on Thursday, Changpeng "CZ" Zhao called Twitter's security "weak" after a wave of account breaches Wednesday.
Cryptocurrency exchange Binance will likely earn between $800 million and $1 billion this year. That's up from about $570 million in 2019.
Binance is forced to "technically" support last week's hard fork of the Steem blockchain, according to the exchange's CEO, Changpeng Zhao.
Binance managed to see an alert and freeze the stolen funds in little more than half an hour.