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Binance's Former CEO Vows to Keep Investing in Blockchain Technology, AI, and New Tech

September 30, 2024
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3 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

Binances Former CEO Vows to Keep Investing

Changpeng Zhao, also known throughout the crypto community as CZ, was recently released from US custody. However, Binance’s former CEO said that he does not intend to withdraw, and will continue to invest in blockchain technology, but also other emerging tech like AI and biotechnology.

Binance Co-Founder Shares Plans For The Future

The co-founder of the world’s largest crypto exchange was quick to return to social media and post on X after leaving the US custody. He described himself as a long-term investor, claiming that he cares about impact, rather than returns. 

“Will continue to invest in blockchain/decentralized technologies, AI, and biotech. I am a long term investor who cares about impact, not returns.”

However, Zhao also noted that he intends to dedicate more of his time and funding to charity and education. He hinted at having some rough ideas but has yet to provide any details regarding his plans in this area. 

Other than that, he expressed his understanding of the crypto industry participants, acknowledging that they likely have a lot of questions, and admitting that he won’t have all of the answers they are looking for. But, he is pleased to have his freedom, and that Binance is doing well without him overseeing it.

Previously, Binance was hit with a $4.3 billion penalty last November, after reaching a plea deal to settle the US charges over failures that allowed terror groups and criminals to use its platform for crypto transfers. Zhao himself had to pay a personal fine of $50 million, and spend four months in custody.

But, now that he is out, he seems to want to take a short break, which is why he asked the community to “let him chill a bit, then figure out the next steps.” In the meantime, investors looking for their own opportunities might want to consider meme coin ICOs, which have been some of the most successful coins and tokens in 2024. One example is Crypto All-Stars (STARS), which stands to revolutionize staking in the meme coin sector.

JOIN THE STARS ICO AND START STAKING MEME COINS

What Is The STARS Token And Why Should You Consider It?

Crypto All-Stars is a new meme coin project that has created a game-changing product that concerns both the meme coin sector and DeFi.

The project created a new type of smart contract for staking that allows users to stake multiple meme coins, unlike regular smart contracts where each allows you only to stake a single project’s native token. Crypto All-Stars’ solution is called the MemeVault, and it supports all major meme coins.

That includes Dogecoin, Pepe, Floki, Brett, Turbo, Milady, and many more. Best of all, this allows users with a large meme coin portfolio to stake all of their coins in one place, positioning Crypto All-Stars in the center of meme coin staking of the future.

BUY STARS BEFORE ITS PRICE GOES UP

The only requirement is to buy some STARS, which you can do right now, while its price is still low during the ICO. STARS currently sells for only $0.001471, and so far, its presale raised over $1.83 million, rapidly approaching the $2 million mark. You can buy its tokens with ETH, USDT, BNB, DOGE, PEPE, FLOKI, SHIB, or credit/debit cards.

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

The content on this site is not investment advice. The information on this website is general in nature, so you must consider the information in light of your objectives, financial situation, and needs. Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Before investing you should conduct your own due diligence or obtain advice where necessary. This website is free for you to use but Clickout Media Ltd may receive a commission from the companies we feature on this site.

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