FUSE is the native token of the Fuse platform. It is necessary for paying transaction fees on the platform. To increase adoption of the Fuse tech stack and the products built on Fuse, it is important to ensure that users can easily buy and sell FUSE without passing via another blockchain.

One of the means for achieving this goal is getting FUSE deposits and withdrawals on the Fuse Network blockchain supported natively by major centralized crypto exchanges (CEX’s). That is why, we are excited to announce that leading CEX AscendEX has activated FUSE deposits and withdrawals on Fuse Network.

Reputable centralized crypto exchange AscendEX initially listed the FUSE token in March this year, with deposits and withdrawals initially available on BNB Chain. Trading has since been active on the FUSE-USDT pair.

Now, AscendEX has activated the support for the Fuse remote procedure call (RPC) module. This means that users can now deposit their FUSE tokens to and withdraw them from AscendEX natively on Fuse Network.

This will make it easier for projects and users to acquire FUSE tokens and start exploring the opportunities available on Fuse directly instead of having to first bridge FUSE to Fuse Network.

CZ’s response to critics came from a Thursday blog post via Binance, and stems from a Twitter spat with a former Washington Post journalist who asked him, “While I have you here, who’s Guangying Chen?”

He explained that the question is in reference to a conspiracy theory alleging that his personal friend and Chinese national Guangying Chen is the secret owner of Bijie Tech (a company he founded in 2015) and possibly also Binance.

However, CZ explains that Chen is a colleague of his that he met through a friend, which he hired to “manage the back office” at Bijie Tech before re-hiring her again at Binance, adding that conspiracy theorists then linked her as a secret owner of the firms given that she was one of the few to have initially remained in China.

Websites such as Scam Binance allege that Chen at one stage owned 93% of the shares in both Bijie Tech and Binance, among other things. CZ stated that such rumors originated from an “old campaign that a competitor launched via an anonymous microsite.”

“As a result, both she and her family have been targeted and harassed by the media and online trolls. Had I known how much of a negative impact this would have on her life, I never would have asked her to do what seemed like such an innocuous step at the time,” he said.

While it’s fair to caveat that many brands are lining up strategies to launch in 2022 when their marketing budgets refresh, it’s equally fair to warn that reluctant brands will miss opportunities and deploy outdated strategies as Web3 is an industry that routinely reinvents and churns out new paradigms.