Binance CZ pulls out on the deal, claming FTX mishandled customers funds.
Crazy news, this casts a bigger cloud over the cryptocurrency market as a whole.. Luna crash wallstreet crash now FTX crash..
BTC down to just a bit over $15,500
Will BNB rule?
To adjust to recent price fluctuations, #Binance has topped up the #SAFU insurance fund to $1 billion USD equivalent again.
— CZ 🔶 Binance (@cz_binance) November 9, 2022
BUSD AND BNB address about 700m: https://t.co/OMoB6HeR6r
BTC address 300m: https://t.co/6kOJ1MZhMM
Transparency. 1/2
Binance has 1 billion in the SAFU fund.. but can we trust him?
quite shocking news for the whole crypto world. it is like a never-ending avalanche of bankruptcy so far.
wondering how will this ends up in the future.
but at least I have another chance to buy cheaper hive. : )
That's the spirit!! :)
I was saving some stables for a rainy day and today was it, so kind of excited about that.
Picked up some more $HIVE
CZ is a scam - at least we know from his involvement in steem days.
It's both good and bad news I guess. At least Binance won't be controlling most of the market but it's bad because it might mean that things in FTX could be worst than we think.
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