CZ: To avoid misinterpretation by the community, public address will no longer be used for transactions. BNB and "Binance Life" will be donated to Giggle Academy

BlockBeats News, August 16th, Binance founder CZ stated in Binance Square: "Too many people try to overinterpret 'What does his action represent?' Today I tested Trust Wallet and found too many meme tokens in the wallet, so many that it was hard to even find BNB. Therefore, I tried to burn some tokens. Even this operation triggered a lot of community discussions. I realized that I could never 'clean up' the meme coins on this address. The more I burn, the more people will send coins to this address. The transparency of the blockchain means that any operation on this address will be overanalyzed by the community."

I even thought about asking the Trust Wallet team to create an "Ignore Coin" feature to avoid cluttering the interface, but 99.99% of people wouldn't even use this feature. So, the plan is as follows: I will donate the BNB and the "Binance Life" tokens purchased with BNB to Giggle Academy. After that, I will stop using this address and turn it into a burn address.