Binance CEO Changpeng “CZ” Zhao in a tweet on Sunday congratulated Binance Launchpad projects for their spectacular returns.
Meanwhile, Binance Coin (BNB) has been climbing higher, rising approximately 40% since the hack in which 7,000 bitcoins were stolen from the exchange’s BTC hot wallet. BNB has seen its value increase by approximately 40% since the hack.
It looks like investors aren’t the least bit worried about the security of crypto exchange Binance after the hack. Meanwhile, the success of Binance Launchpad in hand-picking, cultivating, and offering new cryptos to investors is holding up the business and keeping demand for BNB strong.
Even before retail investors, crypto whales, and Wall Street hedge funds started piling up on bitcoin this spring, unmistakably shaking off the crypto winter malaise, Binance Launchpad was leading an altcoin boom in 2019.