Review of Binance Blockchain Week: What Major Signals Are There?

These past few days, all eyes in the crypto space have been on Binance BBW, with a huge amount of information coming out!

Yi He has officially become Binance’s Co-CEO, and CZ even personally engaged in a debate with the “Gold Godfather” Peter Schiff, drawing a crowd and making for a very exciting event.

We’ve summarized a few key takeaways and on-site insights from the event to help you recap this feast:

1. Yi He becomes Co-CEO, Binance aims to be the Big Name of the era

In her speech at Binance Blockchain Week, Yi He shared her journey from aspiring supermodel to entering the crypto industry, saying, “Bitcoin opened up a new world for me.” She stated that Binance’s goal is not just to make money, but to “make history” and become the Big Name of the era.

2. CZ debates Peter Schiff live at the event, the hottest session

Peter is a gold advocate and BTC skeptic, while CZ is a BTC evangelist. The two debated “Gold vs. Bitcoin,” and CZ directly asked Peter Schiff on stage: “Can you tell if this is real gold or fake?” This immediately went viral on social media.

3. EASY S2 debut, 17 projects draw attention

We have already compiled these projects into a 5-minute rapid analysis—feel free to check it out:

Some notable characteristics of this round:

1. The founding teams are all top-notch, with elite academic backgrounds (Stanford, Peking University, Fudan, etc.) and top professional backgrounds (former Binance executives, former Coinbase VC investment projects, top KOLs, etc.)

2. Investment directions are more diversified, breaking out of the crypto bubble to cover web3/AI/Biotech.

3. Heavy bets on prediction markets, with 3 projects focusing on this sector.

4. Yi He responds to the Elizabeth incident: Not an official collaboration, unaware in advance

Regarding the recent controversy sparked by the Elizabeth @Elizabethofyou incident, Yi He responded that the award was set up and presented by employees, and she was not aware of it. She emphasized that interactions with KOLs are not formal endorsements or collaborations and are fundamentally different from CR7 endorsements.

(Editor’s friendly suggestion: For future “KOL of the Year” awards, besides the voting hype, it might be good to combine real community data, such as reviews from @xhunt_ai, the crypto equivalent of Yelp.)

5. KOL perspectives and insights

HashKey Investment Manager @YeruiZhang observed during Binance Blockchain Week that there is a stark contrast between insider and outsider sentiment. Many insiders are bearish and question the value of VCs, but most whales still hold BTC; meanwhile, among the local “white robe” class, many who got rich from BTC/BNB continue to hold.

Some legendary Western traders believe “the crypto story is over,” and major hype holders are starting to reduce positions, which could be a sign of a market top. On the project side, many teams face the dilemma of either being unable to launch tokens or not making money even if they do.

Aussie Master @BroLeonAus tweeted about Yi He’s emphasis on user protection, including concerns about the risks of high-valuation VC coins after listing—every word rings true.

Lin Wanwan @linwanwan823 asked CZ on-site about his view on Yi He taking the Co-CEO role at Binance. CZ replied that it was a natural and formal appointment, that Yi He has always been a core founder, diligent and resilient, with strong community ties, while he himself is focusing on BNB Chain ecosystem projects.

Bitwu @Bitwu x asked Yi He about Binance’s development stage during an offline AMA. Yi He responded that Binance is only at the second stage and still has a long way to go, with the ultimate goal of building a global organization that can develop stably without relying on individuals.

Teddy @DeFiTeddy2020 summarized six major trends from Binance Blockchain Week: Binance remains the core engine of crypto; with Yi He as Co-CEO, the “user first” strategy is even clearer; prediction markets are the new hotspot; crypto funds are flowing into AI and biotech fields; Web3 is supporting native AI project financing; and the Elizabeth incident is a reminder that traffic doesn’t equal trust, so choosing KOLs should be done more cautiously.

Some of my own thoughts:

1. Yi He’s rise to leadership isn’t just about changing CEOs; it may signal that Binance is starting to focus on “product + community + long-term ecosystem.”
2. The project lineup in EASY S2 clearly shows that Yzi’s investment style has changed, with more focus on projects outside the crypto circle.
3. The cautious mood within the industry contrasts with the fact that major outside holders are still holding on—this contrast is quite intriguing.