Binance

If you think this letter could be better, or that Binance could do better - that's great, we need someone like you. Come on, let's do it together!

Binance co-founder He Yi reviewed the evolution of the cryptocurrency industry in a lengthy article, elaborating on the underlying logic of being a "value investor" and a "long-termist" entrepreneur. He candidly shared Binance's mindset shifts and self-criticism regarding compliance, products, community interaction, and responses to hot topics such as contracts and memes, ultimately calling on the industry and entrepreneurs to focus on long-term value.

When the first couple of a superpower is involved, Memecoin is clearly no longer a niche curiosity but a fully exploded cultural phenomenon.

The cautious yet active attitude of new users, combined with the long-term confidence of experienced users, demonstrates the increasing maturity and strong resilience of the cryptocurrency market.

Seven years of hard work have laid a solid foundation for greater success, and the path to financial freedom and inclusiveness will become broader and broader.

For anyone concerned about the future of digital currency, understanding zk-rollups is essential. As we continue to push for better blockchain performance, it's time to familiarize ourselves with zk-rollups and their promise for the future.

In 2023, the DePIN market experienced explosive growth, with the overall market value of the sector that started its track in October last year skyrocketing from $5 billion to $10 billion by the end of the year. With the bull market driven by ETFs, the DePIN sector is expected to usher in another round of rapid growth.

At Binance, we seek friendly solutions to all issues and collaborate with regulatory and governmental agencies around the world.

After the stress test, we will gain more users' trust.