Binance founder Changpeng Zhao (CZ), one of the most influential figures in the cryptocurrency world, issued a critical security warning regarding the acquisition processes of centralized exchanges. CZ emphasized that incorporating small-scale exchanges is much more complex and riskier than acquisitions in other business lines. This statement coincided with the period when industry-renowned names BitMEX and BitMart announced they would terminate their operations, causing a stir among investors.

In the message shared by CZ on social media, attention is drawn to the responsibility for a potential cyberattack that could occur after an exchange is acquired. Specifically, “legacy backdoors” or unnoticed security vulnerabilities left in the system by former teams pose a major threat to new owners. CZ states that such deals are still possible but require much more care and diligence than ever before.

Exchange Closure Schedule and User Guide

In the shadow of these security warnings, the BitMEX exchange announced that it will completely close its doors on September 23. On the other hand, a more gradual liquidation process is underway at BitMart. A specific schedule has been established for BitMart users to withdraw their assets to secure wallets. Following the critical processes that began on July 26 and August 26, the deadline for users to withdraw their assets has been set as January 31, 2027.

This merger and acquisition activity in the sector brings user asset security back to the agenda. Experts recommend that investors in exchanges that have decided to close should hurry to withdraw their assets to personal wallets to avoid any technical glitches or security risks. The risks pointed out by CZ prove once again that vulnerabilities from the past can jeopardize user funds even if the exchange changes hands.

Critical Warning from Binance Founder CZ: Watch Out for September 23 for One Exchange isimli makale Fatih TAŞDEMİR tarafından hazırlanmış ve koinbulteni.comda yayınlanmıştır.

Changpeng Zhao (CZ), the founder of the world’s largest cryptocurrency exchange Binance, made striking statements about US politics and the future of the industry in a recent interview. Responding to questions about whether a future US administration might summon him back to court, CZ stated that it is impossible to fully predict American politics. He noted that especially during his own difficult legal proceedings, he did not foresee that Donald Trump would support cryptocurrencies so strongly in a subsequent presidential term.

There Is No Delete Button for Cryptocurrencies

Emphasizing that the sector is now in a much stronger position, CZ argued that with the involvement of numerous US investors and public companies, anti-crypto politicians could face significant losses at the polls. Zhao noted that even if US policy shifts back to an anti-crypto stance, it would be extremely difficult to reverse the progress the industry has made. Likening cryptocurrencies to the early days of artificial intelligence and the internet, the prominent figure stressed that once these technologies have spread, they cannot be destroyed.

As indicated in the visual, CZ maintains a cautious stance regarding potential subpoenas and legal pressure from the new US administration; however, he remains a believer in the permanence of the Bitcoin (BTC) and digital asset ecosystem. According to Zhao, once technology spreads to the general public, there is no “delete button” to completely eliminate it. This situation indicates that even if legal uncertainties persist, cryptocurrencies will continue to solidify their place in the global financial system. The steps the sector has taken toward institutionalization suggest that growth will continue regardless of political shifts.

Crypto Message to the US from Binance Founder CZ: This Technology Has No Delete Button isimli makale Fatih TAŞDEMİR tarafından hazırlanmış ve koinbulteni.comda yayınlanmıştır.

One of the most well-known figures in the cryptocurrency industry, Changpeng Zhao (CZ), shared significant details about Binance’s regulatory journey in Europe and complex market products during a broadcast. CZ made striking claims regarding why their efforts within the framework of the European Union’s Markets in Crypto-Assets (MiCA) regulation were disrupted.

Zhao stated that the license applications in Greece were very close to being approved, but the process was halted by the intervention of unnamed political forces. Emphasizing that this is a “lose-lose” scenario for both the exchange and the European region, the prominent figure said that Binance will continue its search for a license in another EU member state. This development, occurring ahead of the MiCA rules set to take effect on July 1, once again highlights the regulatory pressure in the industry.

Political Pressure in the MiCA Licensing Process

CZ made candid remarks not only about regulations but also about certain financial instruments in the market. Describing the STRC stock product offered by MicroStrategy as “overly complex,” Zhao admitted that he could not fully grasp its structure. While stating that he trusts Michael Saylor‘s integrity and passion for Bitcoin (BTC), he argued that volatility in the Bitcoin price poses a risk for such leveraged products.

Complex Financial Structures and Future Vision

Focusing on rehabilitation projects after his prison sentence, Zhao announced that he donated a total of $2 million to a foundation working for the education of inmates. CZ also touched upon his $500 million investment in Elon Musk’s X (Twitter) platform, expressing his expectation for the platform to transform into a global payment network in the future. These statements by Zhao demonstrate that he continues to act with a global vision and maintains his influence in the industry.

Binance Founder CZ’s MiCA Admission: License Move in Europe Halted by Political Interference isimli makale Fatih TAŞDEMİR tarafından hazırlanmış ve koinbulteni.comda yayınlanmıştır.

One of the most influential figures in the cryptocurrency world, Changpeng Zhao, also known as CZ, has broken his long silence to share his plans for the future. Although the Binance founder no longer manages the daily operations of the giant exchange, he continues to maintain his weight in the industry. Stating that he is on a mission to reintroduce himself in an interview in Washington, CZ aims to both repair his personal image and find solutions to liquidity issues in the US market.

CZ argues that US investors do not have access to the best prices in global markets. According to him, liquidity barriers must be overcome for the US to become a true crypto capital. He states that as the trading volume and depth of exchanges increase, costs such as transaction fees and price slippage paid by users will decrease. As seen in the visual, in an environment where Bitcoin (BTC) prices and market data are closely monitored, he emphasizes the transparency and accessibility of the sector.

CZ’s New Role and Independent Management Approach

Remaining the largest shareholder of Binance and Binance.US, CZ states that he stays completely away from the companies’ management processes. Emphasizing that both platforms have their own leadership teams and act independently of each other, the famous figure prefers to remain not as a CEO, but as a consultant supporting founders in the background. He even says that in his home life, he does not discuss business with his partner and Binance co-founder Yi He, only following general market data like the Bitcoin price.

With future plans focused on projects like Giggle Academy and YZi Labs, CZ clearly states that he has no intention of running an exchange again. Instead of examining financial statements, he uses the Bitcoin (BTC) price as an index to understand the general trajectory of companies. Content with remaining someone “specialized in a single field,” in his own words, CZ will continue to grow the ecosystem by unofficially guiding hundreds of portfolio companies.

Binance Founder CZ Breaks Silence: Here Are His New Plans for the US and the Industry isimli makale Fatih TAŞDEMİR tarafından hazırlanmış ve koinbulteni.comda yayınlanmıştır.

Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, made striking statements regarding his personal financial preferences and the company’s revenue model. Frequently expressing his unwavering confidence in the future of cryptocurrencies, the famous figure stated that he has almost completely disconnected from the traditional financial system—meaning fiat currencies—in his own life.

CZ stated that he holds very little cash and uses his crypto assets for all the expenses in his daily life. Explaining that he makes these purchases through card solutions offering instant conversion, Zhao proves through his own life just how functional cryptocurrencies are as a means of payment. The renowned executive emphasizes that digital assets are not just an investment tool but also a living economy.

Binance’s Bitcoin Accumulation Strategy

Touching upon the company’s financial structure, Zhao noted that the revenue Binance generates from transaction fees is directly denominated in cryptocurrencies. Specifically, the fact that a large portion of the revenue is collected in Bitcoin (BTC) means the exchange is essentially following a continuous accumulation strategy. This situation strengthens the company’s reserves with the market’s primary assets while sending a message of long-term confidence.

Stating that he accepts cryptocurrencies as a reference point, CZ argued that from this perspective, short-term Bitcoin price fluctuations or central bank monetary policies lose their significance. Maintaining his optimism regarding the industry’s long-term bullish trend, the famous figure believes that focusing on digital assets instead of traditional currencies is the key to the financial future.

Radical Decision from Binance Founder CZ: I Don’t Use It in My Daily Life isimli makale Fatih TAŞDEMİR tarafından hazırlanmış ve koinbulteni.comda yayınlanmıştır.