BEAMSTART Logo

HomeNews

Binance Founder Cites Amazon’s Rise as Crypto Faces Cleansing of 99.9% of Useless Tokens

Coinedition LogoCoinedition5d ago

Binance Founder Cites Amazon’s Rise as Crypto Faces Cleansing of 99.9% of Useless Tokens - Coinedition

Quick Summary:

Widely followed crypto commentator “Lady of Crypto” expressed concerns about the number of unproductive crypto assets in circulation.  Binance founder Changpeng Zhao (CZ) joined the conversation by stressing that innovation sometimes needs failure to succeed.

A crypto debate is heating up over the huge number of tokens hitting the market.

He referenced Amazon’s rise, saying […]

More Pictures

Binance Founder Cites Amazon’s Rise as Crypto Faces Cleansing of 99.9% of Useless Tokens - Coinedition (Picture 1)

or

Article Details

Author / Journalist: Abdulkarim Abdulwahab

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-19 @ 13:30:00 (5 days ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 156 words

Reading Time: 1 minutes read

Sentences: 57 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 27996038

View Article Analysis

About Coinedition

Coinedition Logo

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 16 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Binance Founder Cites Amazon’s Rise as Crypto Faces Cleansing of 99.9% of Useless Tokens" has 156 words across 57 sentences, which will take approximately 1 - 2 minutes for the average person to read.

Which news outlet covered this story?

The story "Binance Founder Cites Amazon’s Rise as Crypto Faces Cleansing of 99.9% of Useless Tokens" was covered 5 days ago by Coinedition, a news publisher based in India.

How trustworthy is 'Coinedition' news outlet?

Coinedition is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 16 news stories per day.

It's most recent story was published 8 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #27996038
  • URL: https://vaccinium.beamstart.com/news/binance-founder-cites-amazons-rise-17450708584359

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

Our Company

© Copyright 2025 BEAMSTART. All Rights Reserved.