Binance founder Changpeng Zhao (CZ) has revealed the breakdown of his crypto investment portfolio, showing one asset is by far his largest holding.
Binance Coin (BNB) price stabilized above the $634 mark on Monday, down 6% since the Bybit hack sparked bearish sentiment toward centralized exchanges. A recent update from Binance ex-CEO Changpeng Zhao could trigger an early rebound.
Binance Co-Founder Changpeng Zhao reveals his crypto portfolio, holding 98.48% in BNB, with small stakes in BTC, EURI, and USDT.
Changpeng Zhao, former CEO of the world’s largest crypto exchange Binance, denied he would launch his own dog-themed memecoin on Thursday, ending online speculation that had started earlier in the week after he mentioned having a pet dog.
The Binance founder was challenged on social media platform X to reveal his holdings. Bitcoin composes just 1.32% of his portfolio.
Former Binance CEO CZ denies rumors of the $9.2 billion cryptocurrency exchange being for sale, attributing the speculation to a competitor in Asia.
This week, Changpeng “CZ” Zhao, the founder of Binance, announced that the company might permit outside investment “over time” in the world’s largest crypto exchange by trading volume. "Top investors have always been interested in Binance," Zhao said on social media. "Over time, we may allow some investments in the single-digit percentage range."
Changpeng Zhao thinks Binance's crypto asset listing process is "a bit broken." Zhao, who co-founded the exchange, recently took to the social media platform X to discuss Test (TST), a test token launched by the BNB Chain team for a tutorial video on how to create memecoins using its Four.
BNB price rebounded 4% in the last 24 hours as bulls look to hold the Binance native token steady above the $650 psychological support level. On-chain data shows BNB continues to dominate social media discourse amid recent viral market commentary from founder and ex-CEO Changpeng Zhao.
Binance, the world’s largest cryptocurrency exchange, is at the center of growing controversy as former CEO Changpeng Zhao (CZ) continues to wield influence
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