( Coin burn refers to the process of simply sending a certain amount of tokens to an address that cannot be accessed on that particular blockchain.)
The CEO of
“I am not much worried about this market-driven movement. Markets always overreact. Around this time last year, the market overreacted too much on the positive side. I am hoping that this year, the market overreacted too much on the negative side, but you never know. I do know that, in the long run, the BUIDLers win. People who consistently work hard to create value, day in and day out, during both bull markets and bear markets, will eventually win. That’s our focus, it’s long term.”
Moreover, CZ added:
“Regardless of market overreactions, during the peak of last year, we did not over hire. Even during the recent bear markets, Binance never had any layoffs. We have been steadily growing in headcount. We are hiring.”
CZ also commented on
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Leigh Williams is the founder at IXA Media (Pty) Ltd., a digital marketing solutions provider and the publisher of CryptoLive.co.za