DigiByte Founder, Jared Tate on Sunday excoriated BinanceAmerica and CEO Catherine Coley, likening the U.S.-based exchange to “a Chinese communist fraud”.
Jared Tate in a series of tweet fired attacking shots at the new exchange claiming America is doomed as a nation if it allowed BinanceAmerica to operate within its province.
Jared Tate, who volunteered in the middle of a war and joined the Army, threw “a simple question” at Coley who oversees the arm of Binance in America on why he allowed the U.S. to endorse the exchange.
“How can you as an honest American from tar heal country endorse such a Chinese communist fraud?,” Jared said, directing the question to Coley.
Jared Accuses Binance of Demanding $300K to List DigiByte
Late September, Jared Tate accused Binance team of demanding $300,000 and 3 percent of DigiByte’s supply to list the digital currency.
While Binance feigned ignorance to the alleged demand, its community accused DigiByte’s Jared Tate of presenting a cheap PR as the evidence presented by the founder of DigiByte is not weighty enough to make them accept the claim hook, line, and sinker.
Did a video call with the ”Binance” team a few weeks ago. They wanted $300,000 and 3% of all DGB for ”insurance for their customers against blockchain hacks & defects” to list $DGB. Told them that is not possible with a truly decentralized #blockchain like #DigiByte.
— Jared Tate (@jaredctate) September 20, 2019
Jared told community members that he made it clear to the said Binance team that DigiByte is not capable of paying the said amount since it is decentralized.
In response, Binance CEO, CZ, said “I think he specifically doesn’t want DGB listed on Binance.”
The misunderstanding between Binance and DigiByte community is agelong, making it appear the digital currency may not be listed on anything related to Binance. However, in this decentralised cryptocurrency community, nothing is impossible.
Binance Distributes Books across Uganda
Binance Charity, a philanthropic arm of Binance, has said it distributed text books to pupils in Busoga region of Uganda. The book distribution was witnessed by the Right Honorable Speaker of the Parliament of the Republic of Uganda.
The program is an initiative of the BinanceforChildren Project meant for the distribution of text books amidst other succours to the less privileged.