Crypto News

CZ Backs Elon Musk Amid Ongoing “RIP Twitter” Trend

Binance CEO Changpeng Zao (CZ) speaks out in support of Twitter CEO Elon Musk amid an ongoing trend on Twitter, "RIP Twitter."
Published by
CZ Backs Elon Musk Amid Ongoing “RIP Twitter” Trend

On Friday, Binance CEO Changpeng Zao (CZ) speaks out in support of Twitter CEO Elon Musk amid an ongoing trend on Twitter, “RIP Twitter.”The trend #RIPTwitter burst onto the scene after the recent ultimatum given by the Twitter CEO to choose between working intense, extremely hardcore, long hours or losing their jobs.

Advertisement

Binance CEO comes in support of Elon Musk

In a recent tweet, Binance’s CEO highlighted the importance of FUD (fear, uncertainty, and doubt) in the context of Twitter. Binance’s top employee said,The more successful you are, the more people FUD about you. FUD makes you stronger, not weaker.”

While discussing the same trend, “RIP Twitter,” Doge creator Billy Markus takes the jibe over Twitter and compares it to the demise of Google Plus. Markus also takes a dig at Twitter employees in his recent tweet thread, saying company employees plan to run with money instead of working long hours to save a “dying company” (Twitter).

Twitter was flooded with heartfelt messages from hundreds of Twitter employees who left the company following an executive order from new owner Elon Musk. As users wondered if the service would be shut down, the hashtag #RIPTwitter began trending on Twitter. Some people shared memes of gravestones with the epitaph “Mr. Musk killed the service,” while others joked that there was only one remaining employee. Some users stated that they were shifting to other social media platforms.

Advertisement

Elon musk unveils his stance on working of employee

Mr. Musk gave Twitter’s remaining employees less than 36 hours on Wednesday to either leave or commit to building “a breakthrough Twitter 2.0.” He stated that those who left would receive three months of severance pay.

As per the NY times report Mr. Musk and his advisers held meetings with some Twitter workers whom they deemed “critical” to stop them from leaving, four people with knowledge of the conversations said. He sent out confusing messages about the company’s remote work policy, appearing to soften his stance on not allowing people to work from home before warning their managers.

Advertisement
Share
Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Crypto News

BOJ Hikes Interest Rates to 30-Year High, Will Bitcoin Repeat 20-30% Post-Hike Crashes?

The Bank of Japan (BOJ) raises its interest rates by 25 bps to 0.75%, the…

December 19, 2025
  • Crypto News

Breaking: U.S. Senate Delays CLARITY Act again, Crypto Market Structure Vote Slips to Early 2026

The CLARITY Act is no longer expected to pass the U.S. Senate this year. Lawmakers…

December 19, 2025
  • Crypto News

Breaking: Bitwise Files S-1 For SUI ETF With U.S. SEC

Crypto ETF issuer Bitwise is looking to add a SUI ETF to its growing list…

December 18, 2025
  • Crypto News

Crypto Hacks 2025: North Korean Hackers Steal over $2B in ETH and SOL This Year

In 2025, crypto hacks increased significantly. The cybercriminals associated with the North Korean government stole…

December 18, 2025
  • Crypto News

Universal Exchange Bitget Removes Barriers to Traditional Markets, Offers Forex and Gold Trading to Crypto Users

The number one universal exchange Bitget is removing barriers between crypto and traditional finance. It…

December 18, 2025
  • Crypto News

Breaking: U.S. CPI Inflation Falls To 2.7% YoY, Bitcoin Price Climbs

The U.S. CPI inflation came in well below expectations, providing a bullish outlook for Bitcoin…

December 18, 2025