Binance founder Changpeng Zhao (CZ) made vital assessments about each consumer privateness and BNB’s market dynamics in his statements on social media.
Responding to a group member’s declare that Binance has a devoted staff able to figuring out BTC whales, CZ categorically denied the declare. Zhao mentioned, “I’d by no means need Binance to violate consumer privateness, and I would not try this both. It could be finest for third events to make use of public blockchain knowledge for any such analysis. They’re fairly expert on this discipline.”
CZ additionally clarified the market maker allegations relating to BNB. Zhao mentioned, “Many tasks could have market makers, however BNB would not. So far as I do know, no particular person or entity affiliated with me has traded BNB in current days or even weeks.”
The BNB value has been one of the resilient throughout the current cryptocurrency crash. Whereas many altcoins are poised to shut the week with double-digit losses, BNB has gained 7% previously week.
*This isn’t funding recommendation.
