InstaForex

November 24, 2021

What's Up - Elon Musk And "CZ" Around Each Other On Twitter?

 Tesla and Spacex CEO Elon Musk was seen exchanging statements on Twitter with Binance CEO Changpeng “CZ” Zhao. This happened after Elon Musk reprimanded the Binance platform after the kritpo exchange delayed the issuance of Dogecoin.


The crypto market as it is well known that often experiences high volatility especially this year with Elon Musk’s tweets often sparking chaos. Musk who is often known for his Dogecoin -related tweets has helped Doge’s crypto assets soar to an all -time high of $ 0.7.


The issuance of dogecoin cryptocurrency assets was temporarily halted on November 11 following a disruption after an update in the network.Binance stated that they will resume issuance of Dogecoin once the issue has been resolved. Some expect this to last until November 29th.


Musk who had previously listed Dogecoin’s crypto assets as his favorite crypto has expressed frustration by replying to Zhao’s tweet stating; "What's happening to your DOGE customers?" then added ‘it sounds like suspicious’.


Hey @cz_binance, what’s going on with your Doge customers? Sounds shady.


- Elon Musk (@elonmusk) November 23, 2021



Binance responded by saying it was rebuilding the Dogecoin wallet entirely, resulting in a delay of issuers that could continue for another week.


Zhao intelligently replied to that like the statement above and then countered back by Musk by saying that “Doge Holders who use Binance should be protected from mistakes that are not their fault,” Musk replied.


Zhao also replied to Musk saying that it was due to the development of the Doge wallet and at the same time apologized for any inconvenience caused.


Zhao in a different place previously stated that Musk should be more careful in making any tweets about crypto assets.