艾叔
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Binance is eight years old, and it was the first exchange for Lao Ai to enter the industry. Now the market knows that BINANCE is the largest exchange, but few mention that Binance almost faced extinction at its inception. Over the past eight years, Binance has also faced numerous challenges:
1. In July 2017, CZ bet all his wealth to raise $15 million. In September, seven ministries jointly issued a ban on ICOs, and many top exchanges closed or moved overseas. At that time, Binance had been established for less than two months. (At that time, the trading partners around Lao Ai chose to resign.)
2. In 2018, there was global regulatory pressure, with the SEC issuing various bans.
3. In May 2019, hackers attacked Binance, losing 7,000 bitcoins. Binance compensated fully, starting its journey of success.
4. On March 12, 2020, the pandemic impacted the economy, causing panic in the financial markets, with the cryptocurrency market declining over 50% in a single day.
5. In 2023, CZ was sued by the SEC, paid a fine of $4.3 billion, and stepped down as CEO. During this time, Sister Yi took on the heavy burden of Binance's compliance alone.
This is the path Binance has traveled, and it is also the path all cryptocurrency enthusiasts have taken. The aspirations of cryptocurrency enthusiasts burn brightly; although they face confinement, they will eventually break free from their cocoons and ride the winds to cross the seas!
Cheers to eight-year-old An An! Cheers to us in the crypto circle!
1. In July 2017, CZ bet all his wealth to raise $15 million. In September, seven ministries jointly issued a ban on ICOs, and many top exchanges closed or moved overseas. At that time, Binance had been established for less than two months. (At that time, the trading partners around Lao Ai chose to resign.)
2. In 2018, there was global regulatory pressure, with the SEC issuing various bans.
3. In May 2019, hackers attacked Binance, losing 7,000 bitcoins. Binance compensated fully, starting its journey of success.
4. On March 12, 2020, the pandemic impacted the economy, causing panic in the financial markets, with the cryptocurrency market declining over 50% in a single day.
5. In 2023, CZ was sued by the SEC, paid a fine of $4.3 billion, and stepped down as CEO. During this time, Sister Yi took on the heavy burden of Binance's compliance alone.
This is the path Binance has traveled, and it is also the path all cryptocurrency enthusiasts have taken. The aspirations of cryptocurrency enthusiasts burn brightly; although they face confinement, they will eventually break free from their cocoons and ride the winds to cross the seas!
Cheers to eight-year-old An An! Cheers to us in the crypto circle!
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