Binance chief govt Richard Teng who took the management from Changpeng Zhao on the finish of 2023, and is now taking the crypto alternate additional to the long run, has revealed a tweet.
In that publish, he revealed to the group the important thing ingredient that helps Binance to stay a market chief and which might additionally assist different firms to succeed.
Significance of teamwork
In keeping with Teng’s tweet, for a corporation to succeed you will need to make a give attention to teamwork. He revealed a scheme for example this thesis and identify the elements that are essential right here.
Teamwork consists of a imaginative and prescient, a mission, objectives, collaboration, creativity, and people all lastly lead to success.
Richard Teng tweeted: “Collectively, we obtain extra. Collective impression fuels success.”
Collectively, we obtain extra. 🤝
Collective impression fuels success. pic.twitter.com/qtKbA473Yr
— Richard Teng (@_RichardTeng) February 13, 2025
Within the feedback, Teng additionally agreed that one other essential ingredient to success is the group that Binance or some other cryptocurrency firm works with.
Teng names “finest protection” towards crypto scammers
As reported by U.At the moment, earlier this week, Richard Teng issued an important warning to the BNB group concerning on-line crypto scammers that concentrate on customers’ Web3 wallets.
The Binance CEO careworn the significance of “vigilance” when working within the crypto area. Including that scammers usually “exploit urgency,” subsequently, he stated, “your finest defence is information and warning.”
As for sensible recommendation, he stated that it’s essential that one ought to by no means import a seed phrase one receives from any person and it’s also important to not “rush into pressing “fixes””.
Teng shared a hyperlink to an article not too long ago revealed by Binance, during which a number of primary sorts of crypto scams are coated. These embody rectification scams and “seed phrase traps.”
