In a recent tweet, Richard Teng of Binance Cheive Executial, who showed leadership from Changpeng Zhao (CZ) in November 2023, conveyed an important message to the Binance community.
Teng reveals the secrets of Binance’s leadership
This message concerns factors that helped Vinance become a market leader and maintain leadership over other crypto exchanges.
The key here is that Binance will continue to operate anyway. “Operational resilience cannot be negotiated.”
He added that because “in the code, it’s every second,” the Binance team works 24 hours a day/7 days a week.
Operational resilience cannot be negotiated.
Our team works 24/7 to ensure seamless service. Because I understand that in ciphers it counts every second.
– Richard Ten (@_richardteng) March 6, 2025
Binance’s spot trading volume over the last 24 hours marks $23,424,841,778 and 13,610,667 visits. BYBIT has continued with spot trading volumes of $3,133,076,380 per day and 4,139,632 visits over the past week.
The former Binance boss commented on Bitcoin volatility
Binance’s co-founder and its former CEO CZ joined social media on Wednesday to comment on the heavy volatility waves currently experiencing by Bitcoin and the entire crypto market.
On Wednesday, Bitcoin, the world’s largest cryptocurrency, first surged almost 9% within 24 hours to reach $91,435, then descended again to halt at $88,380.
CZ then commented that it was very easy to predict a 10-year cycle in crypto, but that it was difficult to predict how prices will go tomorrow.
At Press Time, BTC is trading at $91,310 after dropping from $92,800 prior to today.
CZ also made several other comments about the recent Bitcoin crash loss. He said he knows that every crypto billionaire he knows shares one important feature. Those people were crypto billionaires, he said, and they reduced themselves to billionaires.
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