Changpeng “CZ” Zhaothe founder and former CEO of Binance is addressing concerns about the trading platform’s proof of absorption. in post In X, CZ responded to the claim that Binance was intentionally delaying the publication of its four-day reservation report for the new month.
Zhao says “There is no reason for an alarm regarding proof of reservations.”
Zhao dismissed the claim in an attempt to spread fear, uncertainty and doubt (FUD) into the ecosystem. He revealed that “binanence will take several days for it to be publicly released.” Usually 5 or 6 days. ”
The former Vinance CEO effectively states that the concerns raised are merely attempts to spread misinformation or overreactions. He said it is a snapshot of the account balance taken on the first day of the month.
bruh… fud. 4. Vinance usually takes several days to publish. Usually, number 5 or 6 days. The snapshot is taken first. Check the history appropriately.
Thank you for paying attention to Binance. 😆
– CZ🔶BNB (@CZ_BINANCE) July 4, 2025
It then takes longer for the team to review the results after a few days, usually on the fifth or sixth day.
CZ emphasized that this is always the standard of range, telling critics to “check history appropriately.” He urged critics to try and research the FUD before questioning the ecosystem.
Zhao’s replies have been recognized in the Binance community as some users appreciated his clarification. Others said CZ should not answer critics.
CZ’s defense against Binance and Crypto
However, engagement is consistent with Zhao, who regularly shares updates to clarify issues related to the Binance ecosystem. When Nano Labs recently raised $500 million in debt to buy Binance Coin, CZ highlighted the importance of the move.
He is a Nano Lab BNB-only strategic reserve Public companies are showing bullish movements in assets.
Zhao has played an active PR role for Binance and the broader cryptocurrency industry these days. For example, he recently called out a comment to declare Ripple and Bitcoin He’s dead.
