After the resignation of Changpeng Zhao, who since I have been active in the crypto market, CZ has been a fundamental pillar in the growth and development of the Binance platform and even his ideas have had an impact in some way in the progressive consolidation of cryptocurrencies.
The truth is that, surprisingly, or at least for me it was, Changpeng Zhao chose to resign from the administrative management of Binance, a fact that has triggered a series of speculations about what will be the immediate future of the largest exchange platform that exists today in the cryptocurrency market.
Following CZ's resignation, some major players within the market have begun a series of attacks, namely social networking platform X decided to block the former Binance CEO's account, as according to its spokespersons CZ speculated that X's bot detection algorithm "needs improvement" after the platform insinuated that he "potentially violated X's rules" by changing his profile name.
Researching I found that CZ's verbatim comment stated the following "X's bot detection algorithm needs some work, [Elon Musk]. It doesn't detect bad bots and mistakenly targets real humans."
It noted that "It is unclear whether CZ, known to be an active user on the social media platform, will reduce his postings after stepping down as CEO of Binance. The cryptoexchange's global head of regional markets, Richard Teng, has taken over the leadership position"
SOURCES CONSULTED
Cointelegraph. X restricts Changpeng Zhao’s account after name change removes ‘Binance’. Link
OBSERVATION:
The cover image does not belong to the author: @lupafilotaxia, the image was taken from: Cointelegraph
