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Changpeng Zhao: $ 1 billion cryptocurrency transaction shows bank failure

Changpeng-Zhao--1-billion-Bitcoin Changpeng Zhao | Binance CEO

Binance cryptocurrency exchange CEO Changpeng Zhao said a recent $ 1 billion cryptocurrency transaction shows bank failure.

He expressed his opinion on the social network Twitter in a commentary on the post of cryptocurrency enthusiast and entrepreneur Charlie Shrem. Shrem noted that the people who conducted the transaction paid $ 600 for the transfer of $ 1 billion in Bitcoin and, in his opinion, greatly overpaid. 

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Forbes published a rating of cryptocurrency billionaires


Forbes magazine published a rating of billionaires, which multiplied their capital due to virtual currency. Americans are in the lead on this list. On the first line is co-founder of the third most popular cryptocurrency Ripple, former CEO of Chris Larsen with a fortune of 7.5-8 billion dollars. The volume of Ripple's capitalization reaches $ 29 billion. In the monitoring, Forbes experts analyze Larsen's own cryptocurrency state with a 17% stake in Ripple.

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