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Binance’s CZ Is More Bullish Than Ever On Twitter And Crypto

Binance’s Changpeng Zhao just said that he is more bullish than ever on Twitter and crypto. Check out the latest reports below.

Here’s the tweet that CZ posted just now:

A follower dropped the following message:

Someone posted this message: “I feel the same… It’s been an eye opener to see events play out as they happen here on twitter, from mostly ‘disintermediated’ sources, then see what the old-school media have to say… It’s even a bit weird… Makes you question motives for sure…”

Another follower said: “To quote yourself, it needs to build, there needs to be some killer apps that are significantly better than none blockchain alternatives. Why has no one developed the crypto super app, all your payment and Defi needs in one easy place that bridges fiat and blockchain.”

It’s been reported that in light of the latest events involving FTX, Binance is now making efforts for increased transparency along with other important crypto exchanges such as Coinbase. Check out the latest reports below.

Binance makes important moves toward fund transparency

Global crypto exchange giant Binance has been working hard to release a proof of reserves (PoR) system to increase transparency following the FTX implosion.

The crypto exchange made sure to explain they are committed to disclosing proof of reserves. In other words, the exchange has been working on releasing evidence of a one-to-one ratio of reserves to investors’ assets.

“Following our recent announcement outlining our commitment to transparency, Binance is releasing its Proof of Reserves (PoR) System, which is the next step in our effort to provide transparency on user funds.”

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