Changpeng "CZ" Zhao, the former CEO of Binance, has advised the crypto community to watch where he spends his time to identify the next significant opportunities, rather than chasing high-risk, overnight gains. In a post on X, CZ responded to frequent questions about future prospects by stating, "People often ask me where I think the next big opportunities are. I say: watch where I spend time." He contrasted this with the futile pursuit of "chasing the '10x-overnight opportunity' with 99.99999% failure rate."
In a separate statement on January 4, Zhao made a notable assessment of the current market, declaring that the cryptocurrency market remains "tiny" while the underlying technology's potential is "huge" and "mostly unrealized." He concluded with his signature phrase, calling the present state "just the beginning" of blockchain adoption.
Since his release from prison in September 2024 and a subsequent presidential pardon in October 2025, CZ has been active through his $10 billion family office, YZi Labs, established in January 2025. His personal crypto portfolio is reported to be heavily weighted, with 98.48% allocated to BNB and only 1.32% to Bitcoin.
Meanwhile, the current Binance CEO, Richard Teng, reaffirmed the exchange's commitment to "support the freedom of money globally" in a post addressing the community. While many users responded positively, the statement also drew criticism from some within the community. Critics raised concerns about potential leverage of user funds and complained about lengthy 48-hour waiting periods for cryptocurrency transfers, which they argued contradicts the speed ethos of crypto.
