Binance pulls out

avatar

Binance CZ pulls out on the deal, claming FTX mishandled customers funds.

image.png

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

image.png

Will BNB rule?

To adjust to recent price fluctuations, #Binance has topped up the #SAFU insurance fund to $1 billion USD equivalent again.

BUSD AND BNB address about 700m: https://t.co/OMoB6HeR6r

BTC address 300m: https://t.co/6kOJ1MZhMM

Transparency. 1/2

— CZ 🔶 Binance (@cz_binance) November 9, 2022

Binance has 1 billion in the SAFU fund.. but can we trust him?

leofinance ftx pimp ctp neoxian hive-engine binance news marketcrash life
0
0
0.000
6 comments
avatar

pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 131 of my contest just started...you can now check the winners of the previous week!
!BEER
11

0
0
0.000
Reply
avatar

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. : )

0
0
0.000
Reply
avatar

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

0
0
0.000
Reply
avatar

CZ is a scam - at least we know from his involvement in steem days.

0
0
0.000
Reply
avatar

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.

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

Congratulations @chronocrypto! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You distributed more than 58000 upvotes.
Your next target is to reach 59000 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Check out the last post from @hivebuzz:

CBRS Hive Infographic Contest - Get your badge and win 1000 HIVE
Our Hive Power Delegations to the October PUM Winners
Support the HiveBuzz project. Vote for our proposal!
0
0
0.000
Reply