{"id":11728,"date":"2024-03-19T10:51:27","date_gmt":"2024-03-19T08:51:27","guid":{"rendered":"https:\/\/forklog.com\/en\/former-binance-ceo-launches-educational-platform\/"},"modified":"2024-03-19T10:51:27","modified_gmt":"2024-03-19T08:51:27","slug":"former-binance-ceo-launches-educational-platform","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/former-binance-ceo-launches-educational-platform\/","title":{"rendered":"Former Binance CEO Launches Educational Platform"},"content":{"rendered":"<p>Changpeng Zhao (CZ), the former CEO of Binance, has announced the launch of an educational platform called Giggle Academy.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">My next project. <a href=\"https:\/\/twitter.com\/GiggleAcademy?ref_src=twsrc%5Etfw\">@GiggleAcademy<\/a> (No logo yet)<\/p>\n<p>Free basic (grade 1-12 ish) education, for all.<br \/>No revenue.<br \/>Gamified.<br \/>Adaptive.<\/p>\n<p>Read the Concept Paper at <a href=\"https:\/\/t.co\/knqmZF0sQ8\">https:\/\/t.co\/knqmZF0sQ8<\/a><\/p>\n<p>We are HIRING. Small team, work directly with CZ.<\/p>\n<p>\u2014 CZ ? BNB (@cz_binance) <a href=\"https:\/\/twitter.com\/cz_binance\/status\/1769877743607448029?ref_src=twsrc%5Etfw\">March 19, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The project aims to provide free education from grades 1 to 12. According to Zhao, Giggle Academy is not profit-driven, offering an &#8220;adaptive&#8221; and &#8220;gamified&#8221; learning approach.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Creating a high-quality and popular educational platform, completely free and accessible to all, is the most important thing I can do in the next chapter of my life,&#8221; reads a quote from CZ on the <a href=\"https:\/\/www.giggleacademy.com\/\">website<\/a>. <\/p>\n<\/blockquote>\n<p>Giggle Academy plans to use a system of points, ratings, and special badges in the form of non-fungible tokens to encourage students.<\/p>\n<p>The former Binance CEO also announced hiring efforts. He is looking for &#8220;teachers who can create digital content.&#8221; Zhao clarified that launching a new token is not part of his plans.<\/p>\n<p>In November 2023, CZ admitted to failing to maintain an effective anti-money laundering program at Binance while he was the head of the company. As part of an agreement with the U.S. Department of Justice, he agreed to pay a $50 million fine and step down as CEO.<\/p>\n<p>The former exchange head posted a $175 million bail to remain free until sentencing. However, prosecutors have requested a travel ban from the U.S., fearing he might flee.<\/p>\n<p>In March 2024, Zhao <a href=\"https:\/\/forklog.com\/en\/news\/sentencing-of-binance-founder-postponed-to-april\">surrendered<\/a> his Canadian passport ahead of sentencing. Earlier, the court <a href=\"https:\/\/forklog.com\/en\/news\/sentencing-of-binance-founder-postponed-to-april\">postponed<\/a> the hearing date to April 30 without providing a reason for the delay.<\/p>\n<p>Federal guidelines in CZ&#8217;s case provide for a maximum penalty of 18 months in prison. Prosecutors have stated their intention to seek a harsher sentence, with a maximum term of 10 years being discussed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Changpeng Zhao (CZ), the former CEO of Binance, has announced the launch of an educational platform called Giggle Academy. My next project. @GiggleAcademy (No logo yet) Free basic (grade 1-12 ish) education, for all.No revenue.Gamified.Adaptive. Read the Concept Paper at https:\/\/t.co\/knqmZF0sQ8 We are HIRING. Small team, work directly with CZ. \u2014 CZ ? BNB (@cz_binance) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11727,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[935,256],"class_list":["post-11728","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-changpeng-zhao","tag-education"],"aioseo_notices":[],"amp_enabled":true,"views":"45","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/11728","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=11728"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/11728\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/11727"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=11728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=11728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=11728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}