Yes

>>BNB's resilience during the recent market downturn: What happened and was CZ involved?

BNB's resilience during the recent market downturn: What happened and was CZ involved?

crypthub

1 day ago

User Privacy at Binance

Binance founder Changpeng Zhao (CZ) addressed concerns about user privacy on social media. He definitively denied a claim that Binance tracks Bitcoin whale addresses, emphasizing a commitment to user confidentiality. CZ suggested utilizing publicly available blockchain data for research of this type. He stated he would never allow Binance to violate user privacy.

BNB Market Maker Allegations

CZ clarified allegations regarding market makers specifically related to BNB. He confirmed that BNB does not employ market makers to influence its price. Furthermore, he affirmed that neither he nor any affiliated entities have recently traded BNB. The statement aimed to dispel speculation about price manipulation.

BNB’s Recent Performance

BNB has demonstrated relative stability amidst the recent cryptocurrency downturn. While many altcoins are experiencing significant losses, BNB has actually gained 7% in the last week. This performance contrasts with the broader market trends, highlighting its resilience. It is important to note that this is not financial advice.