Changpeng “CZ” Zhao and Elon Musk reignited their public feud on X on November 6, 2026, after Dogecoin co-founder Billy Markus — known as BillyM2k — posted that he had just woken up and wanted to check on the markets. Musk responded with a red-tinted, blurred image interpreted as a reference to CZ sleeping, likely a nod to a red candle chart pattern. CZ then fired back with a meme, extending a dispute that began after Binance’s reported $6.3 billion security breach.
The exchange follows an earlier October 30 spat in which Musk mocked Binance over the major breach. The renewed back-and-forth came as Asian markets plunged on November 6, with Japan, South Korea, and Taiwan dropping as much as 9%, adding to a difficult day for crypto and technology markets.
While the exchange itself was largely social media theater, it drew renewed attention to Binance’s security incident and the strained relationship between two prominent figures in the crypto and tech space.
