Changpeng Zhao, Known as CZ

Changpeng Zhao, better known to the vast crypto community as CZ, a co-founder of the Binance exchange and its former chief executive officer, has taken to his X account to share wisdom with millions of his followers and give them an important warning.

CZ of Binance Warns Crypto Holders, Devs, and Entrepreneurs

Changpeng Zhao has urged the crypto community to welcome changes, as doing otherwise slows down progress. He reminded his audience that life is changing anyway, conveying a message rooted in ancient Eastern philosophy: there is no way to avoid changes. It’s better to ride the wave of change than to be crushed by it:

> “Embrace change. It will happen with or without you, but better with.”
> — CZ 🔶 BNB (@cz_binance) July 31, 2025

CZ suggests that the emergence of Bitcoin, blockchain, and the entire crypto space is a result of these changes.

CZ has actively been sharing practical experience with the community. Earlier this week, he provided significant advice to crypto developers and entrepreneurs aiming to raise funds from venture investors. He advised developers to concentrate on the product itself rather than its design, believing a great product will speak for itself. Additionally, he recommended simplifying presentations, reducing complex data to bullet points and bar charts.

How Wealthy is CZ Now, After BNB’s New ATH?

In a recent interview with Anthony Pompliano (“Pomp”), CZ was questioned about his wealth. Without disclosing specific amounts, Zhao recalled that he sold his house in 2014 to buy Bitcoin and start his crypto career.

Regarding wealth, CZ explained that money is no longer a limited resource, unlike time and energy. He stated he has sufficient funds to embark on interesting projects or those that benefit people. Currently, CZ is developing the non-profit platform called the Giggle Academy, which aims to provide free lessons in English, math, and blockchain to children from underprivileged families in countries where paid education is unaffordable.

On Monday, Binance Coin (BNB) surged to a new all-time high of $859, elevating CZ’s net worth to approximately $119 billion.