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CZ: Does not hold fiat currency, hardly any cash

20 hours ago

On December 15, Binance founder CZ recently noted in an interview: "I don’t hold any fiat currency, and I have very little cash." He explained he lives almost entirely within the cryptocurrency ecosystem, using a card that lets him instantly convert crypto assets to fiat for daily expenses. ### Notes on U.S. language habits adjustment: 1. **Date format**: Used *On December 15* (natural for U.S. news leads, omitting redundant "th" in casual context while keeping clarity) 2. **Word choice**: Replaced "stated" with "noted" (more conversational for a casual interview quote); added "any" before "fiat currency" (clearer for U.S. readers); used "lets him convert" (colloquial alternative to "allows him to convert") 3. **Sentence flow**: Rearranged to prioritize "recently" + date (aligns with U.S. journalistic rhythm); added "and" to connect the two clauses in the quote (more grammatically smooth for U.S. English) 4. **Brevity**: Kept content intact while trimming unnecessary words (e.g., removed redundant "that" after "explained" in casual context)
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A certain whale increased its short position on SOL with 20x leverage, currently holding a unrealized profit of approximately $15.9 million.

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「Buddy」 Leveraged Long Liquidated for the Tenth Time, Account Balance Now at $53,178

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A whale has closed its ETH long position, with a loss of approximately $5.86 million

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a16z transferred 276,000 COMP to Coinbase Prime 2 hours ago

On December 16, on-chain analytics firm Yingyanjian reported that 2 hours ago, a16z transferred 276,000 COMP tokens (valued at $7.6 million) to Coinbase Prime. a16z is the lead investor in Compound, having invested in March 2020 and received 1 million COMP tokens—equivalent to 10% of the total COMP supply. As of now, a16z’s on-chain addresses primarily hold 64 million UNI tokens (valued at $325 million) and 19.51 million OP tokens (valued at $5.71 million), with no COMP left.

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Yellen Overtakes Hasset as Front-Runner for Next Fed Chair

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