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Binances

Binance’s CZ Says Everything Is a Dip Before ATH

by admin June 23, 2025

Former Binance CEO Changpeng Zhao has already weighed in on the current cryptocurrency market action, claiming that “everything” before the next all-time high has to be viewed as a dip by definition.

That said, the obvious question, according to CZ, is whether there will be another all-time high.

“Only a small number of strong coins will do that. Look for long-term staying power and growth potential,” he said.

Binance’s CZ Proposes Fix for Google, Apple, Meta’s 16B Password Leak

by admin June 19, 2025

A huge data breach has shaken the internet after researchers working with Cybernews found over 16 billion login credentials exposed. These credentials come from major platforms like Google, Apple, Meta (Facebook), and many others. This is the largest breach of its kind ever discovered.

A lot of details were linked, including real usernames, passwords, cookies, and metadata, all neatly organized and ready to be used by hackers. According to researcher Vilius Petkauskas, these details are clean and organized, most of them have never been seen before, which means hackers can easily use them with hacking tools.

The researchers found 30 big files, with each one holding between millions to billions of records. One file had more than 3.5 billion passwords by itself. Only one of the 30 files had been shared before. The rest are all new.

These records could unlock personal emails, social media, and even government systems, which makes the situation even more dangerous. The ones with the highest risk are people who use cryptocurrency. If the hacker could manage to gain access to their emails, they could reset their passwords and take over their crypto accounts.

Some wallets also store keys or recovery phrases in cloud services. If attackers find those, they can steal the funds instantly. This may even lead to more targeted hacks and phishing scams.

Binance founder Changpeng Zhao (CZ) reacted to the news on X, posting: “That’s 2 passwords per person for the planet. Use a different password for each site, and hopefully a different email address too. And use a hardware 2FA device!” What he means is that everyone should update their login info and add extra layers of protection.

CZ advises using 2-factor authentication | Source: X

The leaked credentials also include logins to tools like GitHub, Telegram, VPNs, and developer portals, which could lead to even bigger cyberattacks on companies.

Security expert Darren Guccione, CEO of Keeper Security, said this shows how poor cloud security still is. “This could be just the tip of the biggest security iceberg,” he warned.

Researchers say the data was likely taken using infostealer malware and not from public leaks. The breach affects people and companies worldwide. Everyone is advised to change their passwords, avoid reusing them, and turn on two-factor authentication.

Also Read: Israeli Hackers Leak Nobitex Source Code After $100M Crypto Heist

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June 19, 2025 0 comments

Crypto Trends

Binance’s CZ Issues Major Success-HODL Tweet

by admin June 7, 2025

In a recent tweet, a co-founder and the former chief executive officer of the world’s largest crypto exchange, Binance, Changpeng Zhao (often known simply as CZ), pretended to be citing the famous prime minister of the UK, Winston Churchill.

Adding his name for fun and to slightly mock those who love to cite the great on every corner, Zhao revealed a crypto message left to us by the great British politician of the last century.

Crypto Is Still Early, Binance’s CZ Says

by admin May 22, 2025

What CZ got wrong
Crypto as the currency for AI

Changpeng Zhao, former chief executive officer at cryptocurrency exchange Binance, has opined that crypto is still early during a recent conversation with Real Vision founder Raoul Pal.

During his interview, he opined that nation-level Bitcoin adoption is only starting to kick off since only a handful of countries are talking to him.

So far, the rally has been driven primarily by exchange-traded funds, according to Zhao.

“It’s very hard to time the market. So far, the markets go on four-year cycles. Uh, but it’s very hard to tell, like, know if this one is going to be short—shorter or longer,” he noted.

What CZ got wrong

Notably, Binance did not expect to experience such tremendous growth within such a short period of time, but CZ has noted that the industry changes quickly.

“We got a lot of things wrong… We didn’t expect the growth we had,” he said.

CZ has admitted that he did not expect stablecoins and meme cryptocurrencies to become that big.

The former Binance boss is certain that blockchain and AI are easy to predict in the long term.

“I don’t predict industries, but the long term is easy to predict. Blockchain is going to be really really important. AI is going to be really really important,” he said.

Crypto as the currency for AI

During the interview, CZ also predicted that AI would be able to generate 10 times more tokens than humans.

“AI needs a lot of data to train… that data should be captured on the blockchain in a privacy-preserving way,” he said.

CZ has noted that AI will be transacting with other AIs, and the only way to make that payment is crypto.

“We may not be the profit drivers anymore. Economic engines will come from the AIs,” he said.

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May 22, 2025 0 comments