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Showing posts with the label changpeng zhao

Pay-to-reach startup crippled by self-doubt after CZ snub

A confused crypto firm that was hoping to play a major role in Changpeng Zhao’s so-called “pay-to-reach” project says it’s now “grappling with profound self-doubt” after the former Binance CEO announced he had chosen to move forward with a rival firm instead. Xnect says it had already engaged with the BNB Chain team on a launch plan, and that BNB Chain reposted its online video tutorial twice and recognized it as “the pioneering pay-to-reach protocol.” However, despite this, earlier today, Zhao announced on X that he would instead be partnering with rival firm Reachme.io. After Zhao teased his pay-to-reach plans earlier this month, Xnect, like many other startups, rushed to get onboard the project, which attempts to eliminate spam messages by charging people for the privilege of contacting you. For the record, Zhao tried charging people $120 to get in touch with him but still wasn’t happy with the quality of messages he received. According to Xnect, it ...

Binance Co-Founder CZ Says Crypto Wallets Beat Exchanges As Best Wallet Presale Zooms Past $10.2M

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Best Wallet ($BEST) has rocketed past $10.2 million in presale, strengthening its position as the top noncustodial Web3 wallet. As the crypto market continues to evolve, the need for wallets to help users navigate the changing landscape has never been greater.  This is underscored by former Binance CEO Changpeng Zhao, who believes crypto wallets should take the lead in handling daily transactions, shifting this role away from exchanges. Designed for everyday use, Best Wallet is user-friendly and accessible to everyone, from beginners to seasoned users. What sets Best Wallet apart is its cutting-edge Features , which older wallets lack. These helped it quickly amass over half a million users in under a year. The total funding for its presale is another strong testament to the Web3 wallet’s growing influence.  New investors are securing $BEST tokens at $0.02405, anticipating the next stage in less than 10 hours, which will tr...