Binance creates industry recovery fund to help projects struggling with liquidity
Binance CEO Changpeng Zhao clarified that the project is for other potentially strong projects and not FTX, saying that “liars or fraud” would never qualify. As the effects of the FTX crisis continue to affect the markets negatively, crypto exchange Binance is creating a fund to help potentially strong projects that are having liquidity issues. In a tweet, Binance CEO Changpeng Zhao said that the fund aims to reduce the cascading negative effects of the collapse of FTX by helping projects tha...
Binance creates industry recovery fund to help projects struggling with liquidity
Binance CEO Changpeng Zhao clarified that the project is for other potentially strong projects and not FTX, saying that “liars or fraud” would never qualify. As the effects of the FTX crisis continue to affect the markets negatively, crypto exchange Binance is creating a fund to help potentially strong projects that are having liquidity issues. In a tweet, Binance CEO Changpeng Zhao said that the fund aims to reduce the cascading negative effects of the collapse of FTX by helping projects tha...
A look at global m2 money supply
The collapse of FTX continues to reverberate from coast to coast, with New Jersey-based exchange BlockFi—bailed out by FTX in June—notifying customers that it will be "limiting platform activity,” and California state regulators announcing a probe. “We, like the rest of the world, found out about this situation through Twitter,” BlockFi wrote in a letter posted to the social media site late Thursday. “We are shocked and dismayed by the news regarding FTX and Alameda.” BlockFi says that given ...
A look at global m2 money supply
The collapse of FTX continues to reverberate from coast to coast, with New Jersey-based exchange BlockFi—bailed out by FTX in June—notifying customers that it will be "limiting platform activity,” and California state regulators announcing a probe. “We, like the rest of the world, found out about this situation through Twitter,” BlockFi wrote in a letter posted to the social media site late Thursday. “We are shocked and dismayed by the news regarding FTX and Alameda.” BlockFi says that given ...