đź’° Did Changpeng Zhao Get Richer in Prison... or Not?
▪️According to Forbes, the former Binance CEO's fortune is estimated at $61 billion.
They calculated that his wealth increased by about $3 billion during his time in prison (that's $25 million per day).
▪️However, Bloomberg reports that Zhao's fortune has actually dropped to $26.6 billion over the last 4 months – a loss of around $11 billion.
Interesting question: who’s right? 🤔
‼️ Binance will add a pop-up risk warning for 10 tokens
Binance has announced that trading the 10 tokens listed below will now be accompanied by a pop-up warning about the risks of trading them for users.
This is due to the fact that over the past year and a half, the teams behind these tokens have significantly deviated from the originally planned tokenomics of their projects, particularly by substantially increasing the token supply.
▫️Travala (AV)
▫️Chiliz (CHZ)
▫️Enjin Coin (ENJ)
▫️IOTA (IOTA)
▫️Lisk (LSK)
▫️Metal DAO (MTL)
▫️Orion (ORN)
▫️Self Chain (SLF)
▫️Solar (SXP)
▫️Vanar Chain (VANRY)
Tokenomics refers to the economic model of a token that considers the interests of project participants, including the team, investors, and users.
Typically, it includes the mechanism and schedule for coin distribution.
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