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    Not True — CZ Binance Refutes Ethereum Killer Allegations

    Changpeng Zhao, CEO of leading cryptocurrency exchange, Binance has quickly moved to quash any claims that his project is silently attacking Ethereum, with the hope of usurping it in the global crypto market ranking. CZ, as Crypto Twitter fondly knows him, was writing in response to an article that appeared on crypto news publication, CCN ... Read more

    Updated Apr 23, 2024
    Wilfred Michael

    Author by

    Wilfred Michael

    Not True — CZ Binance Refutes Ethereum Killer Allegations

    Changpeng Zhao, CEO of leading cryptocurrency exchange, Binance has quickly moved to quash any claims that his project is silently attacking Ethereum, with the hope of usurping it in the global crypto market ranking.

    CZ, as Crypto Twitter fondly knows him, was writing in response to an article that appeared on crypto news publication, CCN accusing Binance of using seemingly smart but killer moves to stunt the growth of Ethereum.

    The op-ed article alleged that Binance was no longer adding new ETH trading pairs on its exchange and was also promising Ethereum-based projects incentives such as auto-listing on the Binance exchange, in a bid to lure them away.

    The article even claimed that Binance had delisted some ETH trading pairs and never added even one for any of the newly listed launchpad project tokens on their platform, hence the surge in the value BNB and increase adoption of the Binance Chain.

    However, those accusations are false according to an apparently irked CZ, who retweeted the article with a message,

    “What’s wrong with CCN these days? Bad, bad article. So many wrong facts.”

    He was also quick to point out that in recent times, Binance Singapore and Jersey listed ETH while even the accused global exchange, Binance.com also added ETH pairs.

    When quizzed, on why Binance has not added any pairs for their recent launchpad projects, CZ replied,

    “Just because you don’t do something doesn’t mean you are against it. Like you didn’t donate to every charity in the world, are you against all charity?.”

    Meanwhile, it is essential to note that the latest development comes a month barely after crypto news publication, CCN announced they were leaving because of changes in Google ranking algorithm which affected their traffic. The news agency, however, never went off before finding itself in the middle of the latest controversy.