In a New Year’s video, Binance CEO Changpeng Zhao discusses Ponzi schemes, DeFi, and how Binance selects coins for listing. Binance CEO Changpeng Zhao, or „CZ,” replied to a series of selected Tweets from the Binance community in a facetious hot seat video to round out 2021.The main message from the Chinese-Canadian business executive was that centralised exchanges like Binance would be viable in 2022 and ahead.CZ stated in response to a packed tweet on the dark side of centralised finance and also the future of decentralised finance, “Today, we still need the centralized systems to integrate with the traditional financial industry so that we can bring the money into and out of crypto.”He emphasized his statement by stating that the crypto is still in its infancy, susceptible to „hackers, Ponzi schemes, and scammers.”Keen viewers will recall the Squid Game token (SQUID), one of 2021’s greatest rug pulls, which posted a 45,000 % return before dropping. Binance introduced an investig

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