On Dec. 3rd, Jared Tate took to Twitter to say both Zhao and Sun have “hijacked” the crypto market.
Tired of the bullshit in this industry. I haven’t dedicated the last 8 years of my life to sit idly by and watch #blockchain tech be hijacked by a bunch of crooks like @justinsuntron and @cz_binance. Time has come.
— Jared Tate (@jaredctate) December 3, 2019
Tate’s remarks on Zhao isn’t anything new. In September, this year, Tate went on Twitter to talk about how the Binance team asked for $300,000 and 3% of all DGB to list the digital asset in the name of ”insurance for their customers against blockchain hacks & defects.”
He was then told that the exchange would “get back” to them after he explained the Binance team in “lengthy detail” that they have “zero funds and zero ability as a decentralized project to meet such a request.”
lol, interesting (in a fk'ed up way). I think he specifically does NOT want DGB listed on Binance.
not gonna waste any time on these types of guys. There are more interesting things to do in life. Moving on…
— CZ Binance (@cz_binance) September 21, 2019
Actually, this altercation first started in 2018 when Tate explained the situation in a Twitter thread. He talked about refusing to pay the listing fee, DGB community members accused of being “Chinese spies,” and called CZ a “lying crook.”
Meanwhile, the digital asset itself (DGB) is trading at $ 0.006765 with 24 hours gains of 3.73%, as per Coincodex. However, it is still down 95% down from its all-time high of $0.141 just like many top crypto assets like Cardano (ADA), Tron (TRX), Zcash (ZEC), Qtum, Nano, Augur (REP), Dash, and IOTA among others. But this is unlike BNB which is down 61% from its ATH.
Since its launch in 2017, Binance continues to grow. The top crypto exchange recorded its second-best quarter bringing in $186 million in profits in Q3 of 2019, which has been up 56% from Q2.
The exchange continues to launch new products as well, with 2019 packed with Bitcoin futures with 125x leverage, ETH futures with 50x leverage, crypto lending and a lot more new releases.