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CZ: The Legend of Crypto and Blockchain Changpeng Zhao, known as CZ, transitioned from a software developer to a trailblazer in the cryptocurrency space. Leaving his job to follow his passion for Bitcoin and blockchain, CZ's journey led him to pivotal roles as the CTO of Blockchain.info and OKCoin. Realizing the potential for improvement, he embarked on creating a superior crypto exchange platform. In July 2017, Binance was born, offering low fees, high speed, and a diverse range of trading pairs. Within a year, it became the world's largest crypto exchange by trading volume, a testament to its success. CZ introduced Binance Coin (BNB), a utility token garnering significant market cap, showcasing the trust and value associated with Binance. Binance's innovation extended beyond trading, encompassing products like Binance Chain, Binance Smart Chain, Binance DEX, Binance Launchpad, and educational initiatives such as Binance Academy and charitable endeavors through Binance Charity. Strategic acquisitions and partnerships with CoinMarketCap, WazirX, Swipe, Trust Wallet, and others solidified Binance's global leadership. However, challenges emerged—hacking attempts, regulatory scrutiny, legal disputes, and fierce competition tested Binance's resilience. CZ faced pressure and criticism while navigating these obstacles, ensuring the trust of millions of users and thousands of employees remained intact. In November 2023, CZ announced his decision to step down as CEO, appointing a seasoned leader with financial and regulatory expertise. He retained his role as founder and chairman, focusing on strategic aspects. Expressing pride in Binance's achievements, he emphasized continuity under new leadership and encouraged support for the incoming CEO. CZ acknowledged users and employees for their loyalty, expressing confidence in Binance's future. Despite stepping back from day-to-day operations, he remained a vital part of Binance's journey, excited about the evolving crypto industry. His legacy, marked by innovation and resilience, left an indelible imprint
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The First Digital US Dollar (FDUSD) , recently noticed the trending on the topic #FDUSD and i think is worth sharing with you sometime about it.$USDC FDUSD is a stablecoin backed by the US dollar at a 1:1 ratio, issued by FD121 Limited (First Digital Labs). It aims to provide a dependable digital currency for financial transactions, reducing market volatility impact. Recently added to Binance, FDUSD offers opportunities for traders and investors with transparent reserves, 1:1 USD support, and programmable financial services. This stablecoin is expected to gain popularity among users seeking stability and reliability in their cryptocurrency transactions.
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