Wed, May 22

Bloomberg Taunted a Crypto Exchange Binance

Bloomberg Taunted a Crypto Exchange Binance Exchange News
  • Bloomberg taunted a cryptocurrency exchange Binance.
  • Accused the founder of Binance as an “elusive”.
  • Binance noted Bloomberg doesn’t like him.

Bloomberg posted a shocking post today on Instagram that took a taunt at the most popular cryptocurrency exchange Binance and its founder Changpeng Zhao aka CZ. The post cited Binance for being the craziest thing in the cryptocurrency platform. Also accused the founder of Binance Changpeng Zhao as an “elusive” flip flop-wearing software developer.

Binance is one of the topmost online exchanges, in that users can trade cryptocurrencies. Binance supports many of the most commonly traded cryptocurrencies.  It offers trading in more than 500 cryptocurrencies and virtual tokens. Binance has its blockchain-based token, Binance Coin (BNB).

Moreover, the global leader in business and financial data, Bloomberg, summons the largest cryptocurrency exchange and its founder. Bloomberg Business noted Binance as the craziest one in the cryptocurrency market and also accused that Binance is only found where CZ is.

Furthermore, the blog post denounced crypto exchange Binance for ongoing backlash by several countries due to regulatory concerns. The post also mentioned Binance founder and CEO Changpeng Zhao as elusive. The post stated Changpeng as flip flop wearing software developer everyone calls CZ.

More so, the post tactfully raised questions against Binance’s future by ending the post in a somewhat secret manner. The Bloomberg post stated,

“For Now, It’s the largest cryptocurrency exchange on the planet”.

Even more, The CEO of Binance has responded to Bloomberg’s assertion via Twitter, noting Bloomberg doesn’t like him and he is grateful to his ex-employer. According to the recent incidents in several countries, already Binance facing huge pressure to get on the page with compliance authorities in various nations.

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