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Changpeng Zhao claims that Binance triggered the October 10, 2025 cryptocurrency market crash during an ask-me-anything session on Binance's social platform Friday. The former CEO called accusations "far-fetched," adding that users blaming the exchange for the $19 billion liquidation event are "unli

Binance announced Friday it will convert its $1 billion emergency protection fund from stablecoins to Bitcoin (BTC) over 30 days. The move follows three months of escalating criticism over the exchange's role in October's $19 billion liquidation event. The conversion addresses community pressure tha

Binance founder Changpeng Zhao said Bitcoin (BTC) could enter a supercycle that breaks its historical four-year pattern during a CNBC interview at the World Economic Forum in Davos. The former chief executive cited increased institutional adoption and regulatory clarity as potential catalysts for st

Binance founder Changpeng Zhao, known as CZ, has joined a growing chorus of tech executives suggesting that Bitcoin (BTC) and other cryptocurrencies could provide financial independence as artificial intelligence transforms the global labor market. What Happened: CZ Promotes Crypto Retirement "AI wi

Former Binance CEO Changpeng Zhao told World Economic Forum attendees that people will have "less need to visit physical banks" over time as blockchain technology and digital KYC processes reduce reliance on in-person banking services. Speaking at a Davos panel on January 22, Zhao identified tokeniz