This Wednesday, Binance Labs hosted a modest event dedicated to entrepreneurs in the area of decentralized innovation in Bangkok. The so-called DeSci Day was going on normally when two titans of the Blockchain area appeared: Changpeng Zhao (CZ) and Vitalik Buterin. For the organizers and attendees, the event was no longer an ordinary day.
The first image of the event was published by CZ on his X account. It is a selfie in which Vitalik Buterin appears from behind. Beyond the passion for finance and crypto trading, it is important to highlight that these two entrepreneurs are fans of technology.
The latter suggests that unscheduled participation in the activity was probably more linked to curiosity than to the commercial issue. Either way, the crypto community was excited in their social media responses to the posts from CZ and the Binance Labs account.
The fact that these two leaders of the sector share space at an event caught the attention of the entire community. It should not be lost sight of that the DeSci (decentralized sciences) sector, in the same way as DeFi, is presented as a challenger compared to traditional models.
The interest of CZ and Buterin in DeSci
The fact that CZ and Buterin showed up unexpectedly at a DeSci event should not be considered entirely a surprise. It should not be lost sight of that blockchain technology has the mission of revolutionizing numerous industries that until recently seemed untouchable.
Sciences and related innovation are among the pending topics to experience the blockchain shake-up. In this way, Buterin’s presence in the activity makes complete sense, considering that he is the brain behind the world computer (Ethereum).
According to CZ, presence in the activity was related to learning. However, neither of the two crypto experts offered details. Zhao’s participation in different events resumes after spending 4 months in prison in the United States for violating several federal laws. This conviction caused his permanent departure from Binance.
Now, the businessman seems to have more freedom to dedicate himself to other matters such as his Giggle Academy. Although the businessman paid his sentence, that does not mean that he is free of headaches in the judicial field. Recently, it became known that the defunct exchange FTX sued him.
FTX’s statements point to both Binance and CZ in particular. In the first case, they are looking for a return of $1.8 billion. These funds in FTT and BNB were sent as part of a share repurchase agreement.
According to the exchange’s current directive, at the time of the agreement the firm was already insolvent and, therefore, this transaction is fraudulent. Meanwhile, CZ is being sued over posts on X that incited a massive withdrawal on FTX.
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