Yesterday, CZ posted on the X platform: "I will personally attend the Binance Blockchain Week in Dubai from October 30th to 31st, which is one of the largest Web3 events this year."

Binance Blockchain Week is more than just a conference. It will be held on October 30-31, 2024 in Dubai, UAE. The event will be held at the Coca-Cola Arena, one of the largest indoor venues in the Middle East. It is a gathering of traders, builders, founders, institutional investors, regulators, global officials, and innovators to explore and shape the future of blockchain and Web3 technologies.

The theme of this conference is "Momentum"! It focuses on how the blockchain industry can continue to develop and achieve significant achievements in the face of challenges. The conference will discuss important topics such as decentralized finance (DeFi), regulatory dynamics, stablecoins, and Layer-2 solutions.

It is reported that the main sponsors include Celo, MANTRA, THORChain, IOTA and First Digital.

As described in my previous article, on September 27, Zhao Changpeng will step onto the streets of Long Beach, California for the first time as a free man. After CZ was released, he was unable to send his first tweet "gm", which ignited the heat of the entire network. Major KOLs and major platforms are expressing their views on the market.

CZ will attend Binance Blockchain Week in Dubai in his personal capacity. Although he has resigned from the position of CEO of Binance and stays away from any "daily" activities of the company, he is still the largest shareholder of the company. CZ's return makes everyone more confident and brings more possibilities to the second half of the crypto industry! Personally, I think that the real helmsman of Binance is still CZ, but like Xu Mingxing, he has moved from the front to the back, protecting himself without changing the management framework of the exchange. What do you think?

Among the four kings of the cryptocurrency world, only CZ managed to save his career

In the last bull market, the four most active cryptocurrency kings were: CZ, SBF, Do Kwon and Zhu Su. But without exception, they all have a connection with sewing machines. Every time I think of this, I feel quite sad. But their situations are different.

1. Sam Bankman-Fried (SBF)’s life trajectory: It shows a completely different direction from CZ.

He is known as "Afro" by many people. As the founder of FTX exchange, he once attracted much attention for the cryptocurrency exchange FTX he founded. However, due to the bankruptcy of FTX and a series of legal issues, SBF is currently facing serious legal charges and imprisonment. He was eventually sentenced to 25 years in prison and confiscated more than $11 billion in assets.

Impact: Assuming SBF is released from prison, it may have a more complex impact on market sentiment. On the one hand, his release may mean that the FTX incident is gradually coming to an end, reducing market uncertainty; on the other hand, since SBF's fraudulent behavior has brought a serious crisis of trust to the market, his release may cause concerns and doubts among some investors.

2. To Kwon

If you don’t know who he is, then you will know when I mention the founder of luna.

Do Kwon established a public chain ecosystem Terra, which is mainly played by two coins: Luna, a token on the Terra ecosystem, and UST, a stablecoin on the Terra chain. UST and Luna are in a "two-way destruction and casting" relationship. This means that when you exchange Luna for UST, there is one less dollar of Luna and one more UST in the market, and when you exchange UST for Luna, there is one less UST in the market.

If you understand the relationship between the two, then you will understand half of the reason for the Luna crash. In May 2022, many big investors began to sell UST, causing the Luna price to plummet by more than 90% to $10, and UST completely de-pegged to $0.6. On May 13, many exchanges removed Luna from the market and suspended trading, and the Terra public chain was shut down.

The "Luna flash crash" that once shook the entire cryptocurrency community has finally come to an end. On June 14, the Southern District Court of New York approved the settlement agreement between the U.S. Securities and Exchange Commission (SEC) and cryptocurrency company Terraform Labs and its CEO, Do Kwon, the main developer of Luna coin. The general content is that Do Kwon needs to pay a fine of $4.5 billion to the SEC, of ​​which Do Kwon will bear part of it and bear joint and several liability. He may also face a series of penalties including a ban on business.

Impact: The LUNA black swan event and the "cryptocurrency Moutai" project triggered a major crisis in the field of decentralized finance (defi) and had a profound impact on the market.

3. Zhu Su

The co-founder of Three Arrows Capital was arrested in September 2023 and sentenced to four months in prison for failing to comply with a court order to cooperate with the liquidation investigation.

After Ethereum had been sluggish for a while, he posted a message saying that he had sold 50% of his TAO, SUI and POPCAT tokens and switched to ETH, and was optimistic about the future.

Although the four realms are different, their "treatment" is different.

CZ saved his career; Zhu Su is still active on social media; Do Kwon and SBF are the worst off, losing everything. Everyone learned a lesson during this cycle, keeping a low profile, so no one can see any tyrants.

As a contributor to the cryptocurrency circle, why is CZ called the “Chief Evangelist Disciple”?

Everyone has a ranking list in their mind. If we talk about the contribution to the cryptocurrency circle:

First, it must be the mysterious Satoshi Nakamoto

Since the advent of Bitcoin, the identity of its creator, Satoshi Nakamoto, has always been one of the biggest mysteries of the Internet era. Although the HBO documentary ultimately gives people the feeling that everyone is Satoshi Nakamoto.

Second, it is Vitalik who created smart contracts

On Tuesday, Tyler Cowen and Alex Tabbarok discussed their predictions for the upcoming candidates for the Nobel Prize in Economics. He argued that, unlike any economist he could think of, Buterin “actually did something in monetary economics” and contributed to “cryptocurrency theory.”

The third one is CZ

The greatest thing is not the creation of Binance. Without Binance, there will be OKX, Coinbase, and countless CEX. CZ's contribution is a kind of encryption spirit and industry pioneer. Satoshi Nakamoto is the creator god, so CZ must be the chief evangelist disciple.

Big ones are on the way..

The news that CZ, the former richest Chinese, regained his freedom has undoubtedly caused a stir in the cryptocurrency circle, but this event can lead the cryptocurrency circle to a turning point and arouse market optimism. It may trigger deep reflection and heated discussions on compliance management in the industry, but the road to compliance is not an easy one, it requires time accumulation and unremitting efforts.

That man is really back! As Binance’s top female investor will also be present, she replied to Zhao Changpeng’s tweet and said, “See you then.”