[Part 1] Top 10 celebrities, the most influential in the cryptocurrency community – Binance CZ tops the list
In addition to price fluctuations or potential Blockchain projects worth investing in the market, readers will also be interested in famous figures in the cryptocurrency market. Because they are the industry leaders, have a voice, one of their words can affect positively/negatively on a project/a cryptocurrency. Therefore, tracking and learning about these characters is one of the equally essential things besides just focusing on looking at charts and trading. Today, AZCoin News will introduce to you the top 10 celebrities, the most influential in the cryptocurrency community.
Of course, in this article, we overlooked Satoshi Nakamoto – the most influential person in the cryptocurrency market. Here we only include people who are still active on social networks and appear in real life. Of course, if Satoshi one day suddenly appears and tweets something after years of disappearance, AZCoin News will add his name right away!
1. Changpeng Zhao, CEO of Binance
The first one that can’t be ignored is Binance CEO Changpeng Zhao, aka CZ. Since July 2017, his Binance launch has been the best decision ever made. Since then, CZ has developed Binance into the world’s largest cryptocurrency exchange for retail investors. This is an easy idea, but it is challenging because before Binance was born, many popular exchanges were operating. And the advent of Binance has caused quite a few exchanges to lose a considerable number of customers. Binance also has an excellent nickname that is “Bittrex Killer.”
Changpeng Zhao, CEO of Binance
That is the story of Binance. As for CZ, it’s a story of a person who believes strongly in something. In 2013, CZ started to learn about Bitcoin. He reads the whitepaper and starts going to thematic events. Then, at a small conference in Las Vegas, he met some of today’s industry giants: Charlie Lee, Matthew Roszak, Vitalik Buterin. Besides, CZ was fortunate to meet a Ripple representative. This person taught CZ how to use Bitcoin and cryptocurrency. In the process, he transferred some XRP to CZ. Later, CZ offered to transfer the money, but the person was extraordinarily generous and said that CZ continued to keep that money and made a miracle for the cryptocurrency industry.
CZ quickly became enthusiastic about technology. He said he believed in Bitcoin and cryptocurrencies with a very successful future.
In 2014, CZ sold its home to invest in Bitcoin. Within three months, the price of BTC dropped from $ 600 to $ 200, losing two-thirds of the value of his home in about two years before the price rebounded. However, CZ said that he would not ask people to sell their homes and switch to cryptocurrencies since cryptocurrencies are very volatile. Therefore, it can be seen that this is a man with an intelligent head. He may suffer losses and fail but will never push others into the path he once abandoned.
Throughout 2019, Binance has introduced several new financial services to its customers, namely futures, margin trading, lending, and staking. The company has also launched four fiat-to-crypto platforms in regions around the world, including the U.S., Singapore, Uganda, and Australia. April saw the launch of Blockchain Binance Chain, along with the launch of Binance DEX.
2. David Marcus – Head of Calibra at Facebook
Why is this person capable and influential to become the top 10 most prominent in the cryptocurrency market? Very simple, you look at his profile. David Marcus, who is originally from Paris and Geneva, has acted as an executive for global technology projects, including PayPal and Facebook. Before moving into the professional cryptocurrency field, Marcus has long been famous among Silicon Valley elites as early Bitcoin investors. While running operations for Facebook Messenger, Zuckerberg exploited Marcus to lead Facebook’s research and development of Blockchain and cryptocurrency, leading to the controversial Libra project.
David Marcus – Head of Calibra at Facebook
Although many rumors are surrounding Facebook’s silent cryptocurrency project, they almost remained silent until mid-June 2019, with a revelation about Libra. The news sparked immediate opposition by the U.S. government for fear of Facebook’s tracking profile with user data, influencing world issues, and the U.S. dollar’s ability to appreciate as a Global reserve currency.
In July, Marcus was called to testify before the House Financial Services Committee to answer questions regarding design, security measures, and other topics of currency, cleverly addressing a series of questions. While the testnet Libra and Calibra wallets are in operation, the project was delayed due to large regulatory pushbacks and uncertainty.
Still, we can expect Libra to be someday able to appear on the cryptocurrency market and bring this industry to more people soon.
3. Kelly Loeffler – Former CEO of Bakkt, U.S. senator for Georgia
Loeffler is just a newcomer in the cryptocurrency market. However, her influence comes from her position – the CEO of the popular futures trading platform Bakkt. She became CEO of Bakkt after 15 years of operation at Intercontinental Exchange, an operator of major exchanges, regulated as the New York Stock Exchange. In late 2019, she became the first Republican woman to represent the state of Georgia in the U.S. Congress. This is also where she is expected to propose crypto-friendly regulations.
Kelly Loeffler – Former CEO of Bakkt, U.S. senator for Georgia
In early 2018, ICE CEO Jeff Sprecher announced that the company’s new digital asset exchange platform would launch by the end of 2019. Since its announcement, Bakkt has attracted the attention of the cryptocurrency industry, as it marks the severe effort of this world’s largest exchange, institutional investors onboard into the growing cryptocurrency asset class. In September, the company launched the highly anticipated Bitcoin futures trading platform. Although the initial launch was relatively low in volume with hype, Bakkt announced additional products in the following months, such as the fully regulated Bitcoin options trading, the future of cash payment, and cooperation with Starbucks. In December, based on releasing two major Bakkt commercial products, Kelly Loeffler Chief Executive Kelly was appointed by Georgia Governor Brian Kemp to a position in the U.S. Senate.
While Loeffler is no longer in control of Bakkt, the company is leveraging its momentum by promising a consumer mobile app to partner with Starbucks in 2020. While Loeffler is currently committed to her political career, the newly appointed senator will inevitably fight for policies that benefit the crypto community. Her new political office positions her as one of the highest proponents of cryptocurrencies in the U.S. government.
Therefore, it must be said that her influence in the cryptocurrency market is considerable. Moreover, as one of the top 3 most influential figures in the market, Loeffler is also asserting to the world that women can still participate in the financial and economic sectors. , politics, venture capital like men if they want to.
4. Pavel Durov – Founder and CEO of Telegram
If you’re in the cryptocurrency market, you have a Telegram account. If you already have a Telegram account, he can’t help but know about Pavel Durov. This is a person who has permanently changed social networks throughout Russia and Eastern Europe. After leaving VK, Durov and his brother Nikolai launched the encrypted messaging app Telegram in August 2013. The app now has 200 million monthly users. Now, Durov is creating crypto headlines for his company that has launched the Blockchain Telegram Open Network, which raised $ 1.7 billion in a separate token sales pair in early 2018. However, many dramas are coming to this project.
Pavel Durov – Founder and CEO of Telegram
The U.S. Securities and Exchange Commission (SEC) issued an emergency ban on Telegram Group and its subsidiary TON Issuer on the sale of $ 1.7 billion in tokens. The SEC said it had received an urgent order to ban Telegram from selling and distributing Gram tokens in the United States. According to multiple sources, Telegram has sold a total of 2.9 billion Gram tokens at a discounted price to 171 first buyers worldwide. Of which, more than 1 billion Grams has been sold to U.S. investors. However, many allegations that Telegram did not register for the token sale process.
Durov denied the allegation, saying that the token sale was intended to fund and launch a secure Blockchain network without resorting to traditional equity fundraising. Both the Digital Chamber of Commerce and the Blockchain Association have submitted a summary of support for the Telegram case. In the context of regulatory uncertainty, TON wallets and cryptocurrencies will not be integrated with Telegram’s existing messaging service, virtually eliminating a market advantage that attracts investors from the start. The case is still ongoing.
5. Vitalik Buterin – Co-founder of Ethereum
Buterin has been involved in the Bitcoin community since 2011, co-founding and writing articles for Bitcoin Magazine. He is primarily known as the inventor of Ethereum, a global Blockchain network designed to run smart contracts and decentralized applications and is currently a valuable and well-established cryptocurrency platform. Second, recognized in the world after Bitcoin. Few know before coming to Ethereum, he was a developer of Bitcoin. However, due to a conflict in the process of gambling the development direction for Bitcoin, Buterin left the Bitcoin network. Currently, Buterin is focusing on researching scalable solutions for Ethereum, which will allow it to become a more popular payment and computing platform.
Vitalik Buterin – Co-founder of Ethereum
Last year, Buterin focused on researching and proposing security and replication solutions for Ethereum, as Blockchain struggled to process 15 transactions per second. While the Ethereum 2.0 phase is expected to arrive in 2021 or even later, Buterin has attracted ire from the majority of the Blockchain community for proposing a short-term solution by integrating with Bitcoin Cash (BCH). ) – a hard forked cryptocurrency from Bitcoin initially provided ample data throughput compared to Ethereum.
2020 will be an essential year for the development of Ethereum, as researchers and developers rush to prepare the network for the long-awaited transition to a decentralized computing network. More scalable and less energy-consuming. Ethereum 2.0 is the initial vision of Ethereum: proof-of-stake consensus, state protection, high transaction throughput, etc. Ethereum currently has the thinking and market share of smart contract developers. Still, as rivals enter the DApp development space, Ethereum can see the talent movement if the network does not grow and expand in a reasonable time frame. However, Buterin and a host of researchers are committed to addressing the ominous technical challenges of an open, unauthorized computing network that can compete with incumbent organizations.
Back to Buterin. He was once ridiculed by both the ETH and cryptocurrency communities, laughing at the falling ETH price and almost being considered a sh!tcoin. However, Buterin regained his arrogance and fame with a legendary saying:
“When the market is down, focus on developing the technology.”
With the question that the cryptocurrency market is plummeting, what should technology developers do to maintain their investors and users, Ethereum co-founder said he has been working in this field for seven years, and he has seen prices drop twice.
In this situation, we need to focus on technology development. Technological innovations will promote joint development and heat the market and keep the community moving forward.
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