Lookonchain APP

App Store

CZ: FUD Brings More Exposure to Individuals and Binance, Platform Will Ultimately Benefit After the Storm settles

2026.01.31 00:55:24

On January 31, Binance founder Changpeng Zhao (CZ) addressed recent market FUD during an AMA, sharing his take on negative discourse: Repeatedly bashing a name or platform actually acts as free PR—driving more exposure. When people hear “Binance” over and over, whether they’re new to crypto or seasoned players, the idea that Binance is the industry’s largest, leading platform sticks firmly in their minds. Claims that Binance can “cause X” or “manipulate Y” make the exchange seem so powerful it becomes the only platform users feel they need to watch. Many non-Binance users, curious, will likely sign up to check it out themselves. CZ cited his Twitter followers as proof: For nearly a full year, his follower count barely grew—likely because Twitter’s algorithm keeps cleaning out bot accounts (a good thing, he noted). But lately, follower growth has suddenly picked up, spiking pretty quickly. Most companies don’t fear negative attacks (people have their own judgment), he said—they fear being ignored, with no one talking about them. Right now, everyone’s talking about him and Binance. When people dig deeper, they’ll find it’s a solid platform. At the end of the day, this is all a good thing.
Relevant content

Two Men in Heilongjiang, China Sentenced for Illegally Mining Bitcoin Using High Voltage Lines in Pigsty, Main Perpetrator Receives 10-Year Prison Term

**Daqing Court Sentences Two for Stealing Oil Field Electricity to Mine Bitcoin** April 3rd — A court in Heilongjiang’s Daqing City has jailed two men for stealing electricity from an oil field to run Bitcoin mining machines, China Newsweek reported. The Honggang District People’s Court sentenced Zhang to 10 years in prison and Zhao to four years and 10 months on theft charges, per the recently released first-instance judgment. Prosecutors found that on September 8, 2024, Zhang illegally tapped into high-voltage lines owned by an oil extraction plant of a Daqing limited liability company. He used the stolen power to operate 24 Bitcoin mining machines at an abandoned pigsty on a slaughterhouse he rented. Zhang later recruited Zhao to join, increasing the total number of machines to 36. The pair acted for illegal profit, the court ruled. Case details are also posted on China Judgments Online.

1 minutes ago

Antpool Cloud Mining Power Product Heating Up: Featuring "One-Click Subscription + Hosted Mining" to Lower Entry Barrier for Newcomers

April 3rd — Antpool’s cloud mining product (from the crypto mining pool Antpool) has caught the eye of plenty of new investors. The offering breaks down physical mining machine hashrate into smaller units, lowering barriers to hardware procurement and operation for users looking to get into mining. Antpool now offers full-platform access: users can subscribe with one click via the official website or App Store, enabling “buy now, mine now” functionality. The platform handles unified operation and hosting, letting non-professional users tap into professional mining farm-level hashrate resources.

1 minutes ago

Hyperliquid announces that the testnet HIP-4 for the Binary Market is now part of the mainnet-level Bug Bounty Program

On April 3, Hyperliquid officially announced that trading results from its binary market testnet are now immediately eligible for inclusion in its mainnet-level bug bounty program. Note: The current bug bounty scope does not cover multi-outcome markets. Frontend feedback is welcome but not eligible for program rewards. Previously, Hyperliquid had announced that HyperCore will support outcome trading (per HIP-4). Outcome contracts are fully collateralized, with settlement prices bounded within a fixed range. They act as a generic foundational transaction element for use cases including prediction markets and bounded option-like instruments.

1 minutes ago

White House: Trump's FY2027 Budget Seeks $1.5 Trillion in Defense Spending

April 3, the White House announced that Trump’s fiscal year 2027 budget requests $1.5 trillion in defense spending.

1 minutes ago

Iran Report Claims U.S. Pilot Captured by Iranian Military

April 3rd: Iranian authorities reported an American pilot was allegedly captured by the Iranian military. Tasnim News Agency, an Iranian outlet, reported from Kohgiluyeh and Boyer-Ahmad Province that, per some sources, the pilot ejected and landed inside Iran after the Islamic Revolutionary Guard Corps (IRGC) shot down an advanced American fighter jet early local time. (Source: Jinse)

1 minutes ago

Hormuz Strait Shipping Disruption Global Shipping Costs Soar, Current Freight Rates Surge 11x to 12x

April 3 — Conflict in the Middle East has disrupted shipping through the Strait of Hormuz, sending global shipping costs sharply higher and pushing war risk insurance premiums for vessels to skyrocket. Additionally, shipping firms are factoring in freight rates, with industry insiders noting current rates have jumped 11 to 12 times. The mounting costs of insurance and rerouting are continuing to hit global trade and supply chain security, per CCTV Finance.

1 minutes ago