en.bitcoinsistemi.com
Binance founder Changpeng Zhao (CZ) confirmed in a post on social media platform X that several former Binance employees are part of the perpetual DEX project Aster team.
He also disclosed that YZi Labs has a minority stake in Aster.
While some users in the community claimed that CZ said he was part of the Aster team in a Spaces post on X, CZ clarified: “I’m not on the team, I’m just an advisor.” CZ added that despite Aster competing with Binance, it benefits the BNB ecosystem in the long run.
Just four days ago, $ASTER hit an all-time high of $2.42. At the time of writing, it has fallen 25% from its record high.
CZ has been frequently posting about $ASTER lately, appearing to side with it against rival decentralized cryptocurrency exchange Hyperliquid. He has criticized the platform for allowing users to view their transactions without any privacy.
*This is not investment advice.