Fireside Chat with Changpeng Zhao CEO Binance and Laura Shin Crypto Journalist/Podcast producer at Ethereal Virtual Summit 2020.
Changpeng Zhao who goes by CZ is a Chinese Canadian business executive, who is the founder and CEO of Binance a cryptocurrency exchange that became the largest on the planet in just under 180 days.
Changpeng was previously a member of the team that developed Blockchain ltd and also served as chief technology officer of OKCoin. The Chinese Canadian coder cut his teeth building high frequency trading systems for Wall Street's flash boys.
Due to the crypto bear market, Binance's quarterly profits fell from $150 million in early 2018 to about $50 million at year's end. Binance is the largest crypto exchange in the world, with $500 million in daily trading volume as of early 2019. It claims to have 25% market share.
Customers pay Binance in cryptocurrencies, not cash.
Laura Shin is a Crypto/Blockchain Journalist and Podcast producer and host of the Unchained and Unconfirmed podcasts.
She hosts the crypto podcasts Unchained: Big Ideas From the Worlds of Blockchain and Cryptocurrency (http://www.unchainedpodcast.com/) and Unconfirmed: Insights and Analysis From the Top Minds in Crypto. (http://www.unconfirmedpodcast.com/).
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Kia kaha.