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Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead
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Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead

Blockchain’s Head of Development Leaves Company For OKCoin

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Last Updated: October 7, 2020 11:37 am
1 min read

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Former head of development at Blockchain Changpeng Zhao has reportedly left the company and taken a position as Chief Technical Officer at Chinese bitcoin exchange OKCoin, it’s being reported by CoinDesk.

And while some folks may see the decision as shocking, Zhao said the choice for him was all too clear.

“OKCoin is already the best bitcoin exchange in China, if not in the world. We plan to make OKCoin truly international. OKCoin has the best technology platform, safest security measures, and above all the best team.

We also have highest volume and liquidity, the fastest deposit and withdraw processing, and the best customer service. Our customer service is available 24×7, and most inquiries are resolved within minutes.”

Zhao had spent a short time at Blockchain focusing on the company’s Asian operations, a company that makes bitcoin information easily accessible for the masses with a web-based wallet, merchant app, block chain explorer, and more. Blockchain is the web’s most popular bitcoin-related destination.

OKCoin, on the other hand, is China’s most popular bitcoin exchange.

“OKCoin is a young, energetic and truly professional company with tons of potential. I am confident OKCoin is, or will become, one of the iconic companies in the bitcoin space, globally. And I want to be part of that process and contribute to it. There is strong alignment. The decision basically came down to future potential of the company.”

According to Zhao, his departure from Blockchain was a friendly one, adding that the company was “one of the most inspirational companies I have ever had the pleasure to work with,” noting that it’s one of the best bitcoin companies today.

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