All Things Binance with CZ

How does one manage when you are the biggest crypto exchange in the world? I’m sure it’s not too difficult for Changpeng Zhao, the CEO and founder of Binance. Quickly becoming a behemoth of the blockchain world, Binance is launching new cryptocurrency products and services, gobbling up blockchain acquisitions and finding ways to explore crypto philanthropy.

Our exclusive interview with CZ covers a lot of ground, including what’s next for Binance. Let’s bounce to the other side of the world and visit Chyna for this Yuge episode #411 of The Bad Crypto Podcast.

This is the best episode we’ve ever done. I can assure you that. Everyone knows it.

Check out CZ’s previous interview on Bad Crypto, from March 2019, here: badco.in/250

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Feature: CZ, Co-founder & CEO of Binance

Changpeng Zhao (Chinese: 赵长鹏) is a Chinese-Canadian business executive, who is the founder and CEO of Binance, the world’s largest cryptocurrency exchange by trading volume, as of April 2018. Zhao was previously a member of the team that developed Blockchain.info and also served as chief technology officer of OKCoin.

Update on Binance.Charity #CryptoAgainstCovid ⇒ https://www.binance.charity/

TIME STAMPS

• 00:00 – Intro
• 02:45 – Travis gave a Funny Money presentation at Virtual Blockchain Week. You can check it out on YouTube here: https://www.youtube.com/watch?v=3r1pipNg8QM
• 03:30 – Featured Guest: CZ of Binance
• 04:00 – When you started this thing in 2017, did you ever in your wildest dreams think that 180 days later you would have the largest crypto exchange in the world? 
• 04:45 – What were some of the scaling issues you encountered?
• 07:15 – You Tweeted about today’s ATH trading volume on Binance, reported in CoinTelegraph. $11bln in trading volume over the past 24 hours. Wow. 
• 08:25 – Thank you for setting up the Binance Charity. Half of proceeds from Virtual Blockchain Week are going to the Binance Charity. Share the ideas behind the Binance Charity. 
• 09:10 – Transparent charitable donations is not a new concept; blockchain offers an innovative way of having a transparent ledger. 
• 10:14 – advantages of doing charitable donations
• 11:47 – You recently made an acquisition of the most popular site related to having data for the crypto space; CoinMarketCap. How do you manage the ethical boundaries of owning this aggregator of crypto data and being the largest crypto exchange? 
• 15:25 – There have been some interesting developments recently. One is BUSD and some of these Binance mining pools. Can you tell us more about these two new innovations? 
• 18:52 – Did you have to buy a lot of mining equipment, or is this equipment you already had? 
• 20:37 – You are not a guy who minces his words. There was a kerfuffle a couple of months ago where Binance delisted Bitcoin SV and you came right out and said Craig Wright is a fraud. Being the biggest exchange and pulling that from the platform, are you also going to pull it from CoinMarketCap? 
• 23:02 – A lot of different crypto projects and exchanges and the SEC have had a bunch of regulatory lawsuits filed. It seems to be killing innovation in America. Is there anything you can talk about regarding the stuff going on with the SEC where you had to launch a separate exchange for U.S. customers? 
• 27:33 – Can you give a hint what is next for Binance? 
• 29:45 – Closing remarks

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