Just the day before yesterday, Zhao Changpeng answered 19 questions at Oxford | Live coverage

Binance co-founder Changpeng Zhao, speaking at the Oxford Union on November 3, addressed the exchange's October 29 security incident, which involved roughly $6.34 billion in digital assets, of which about $2.85 billion had been frozen or intercepted as of Binance's disclosure that day. Zhao acknowledged clear failures in Binance's security and operations, said the exchange had provisioned funds to cover losses and would make users whole, and declined to promise the incident could never recur, citing the structural asymmetry in which attackers need only one entry point while defenders must cover all of them. He framed the appearance around "freedom of money," the title of his new book, and argued blockchain payments expand financial access for the underbanked and those facing high inflation and costly cross-border transfers. He also said AI is a double-edged sword in the near term but should make crypto and financial systems safer over time, and that the industry must shift from reactive remediation to proactive defense with AI firms, security experts, regulators and law enforcement. Next, watch the pace of Binance's asset replenishment and remaining recovery of the roughly $3.5 billion not yet frozen, plus any regulatory response to the incident.