Changpeng Zhao: Tokenized stocks trade 24/7, giving you an edge on news over the weekend
Binance founder Changpeng Zhao said tokenized stocks now trade around the clock, letting investors ...
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Changpeng Zhao is the founder and CEO of Binance, the world’s largest cryptocurrency exchange. Recent stories show him commenting on 24/7 tokenized stock trading, warning about AI‑driven security threats, and detailing Binance’s large net inflows and hack response.
Binance founder Changpeng Zhao said tokenized stocks now trade around the clock, letting investors ...
CZ warned that using social‑login wallets can expose funds and urged users to research self‑custody security.
Binance founder Changpeng Zhao says artificial intelligence is accelerating cyberattacks, leaving crypto firms struggling to keep defenses up following the platform’s record‑size breach.
The People’s Bank of China confirmed it stopped Solana’s Shanghai promotional event and opened an inquiry into local partners, citing violations of the country’s crypto ban.
CZ said Binance saw a $2.8 billion net inflow in the last 24 hours, according to public data.
CZ wrote that the recent hack shows serious security failures and called for Binance to share details and improve.
CZ noted that Binance’s hourly deposits are outpacing withdrawals, with most funds moving to self‑custody wallets rather than other exchanges.
A Binance‑owned entity, Alphanest Holdings, holds warrants that could give it about a quarter of First Digital Trust, the issuer of the FDUSD stablecoin, once the firm completes its public listing.
CZ wrote that more countries will see issuing a local stablecoin increase demand for their currency and government bonds.
Changpeng Zhao stated that Binance did not borrow, sell assets, or raise funds for recent costs, covering them entirely from its balance sheet.
CZ said a 2.1% net outflow after withdrawals resumed, but 98% of users stayed, emphasizing that trust is earned in tough periods.
Binance founder Changpeng Zhao thanked US law‑enforcement for their role in preventing a Bitcoin price drop.
CZ noted that a $6.3 billion hack is the largest in dollar value but pales beside Mt.Gox’s 650,000 BTC loss, stressing market impact and user protection.
CZ said user funds are safe and expects full coverage despite a hack affecting Binance, Tether and Circle assets.
South Korea's second-largest exchange Bithumb reported a breach of its internal mobile system, exposing customer data amid a wave of security incidents across the region.
He said tokenized stocks now trade 24/7, allowing investors to act on news even on weekends.
CZ warned that AI‑driven tools are speeding up cyber‑attacks, making it harder for exchanges to keep defenses up.
CZ stated that user funds are safe, that Binance is covering costs from its balance sheet, and that full compensation is expected.