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Binance CEO says crypto industry needs clarity of regulationsDominant cryptocurrency exchange Binance's chief executive Changpeng Zhao called for new but stable and clear regulations for the industry, in light of recent developments and participants 'cutting corners'. Now he tells us Crypto is a ponzi scheme designed to launder money. It needs to be stopped. Hilarious!!! Binance is based in the Cayman Islands. Come onshore then, and get regulated.
Source: Reuters - 🏆 2. / 97 Read more »
Binance creates industry recovery fund to help projects struggling with liquidityBinance CEO Changpeng Zhao clarified that the project is for other potentially strong projects and not FTX, saying that “liars or fraud” would never qualify.
Source: CryptoPanicCom - 🏆 563. / 51 Read more »
Binance creates industry recovery fund to help projects struggling with liquidityCEO Changpeng Zhao said that the fund is not for FTX, but for other projects within the crypto ecosystem, adding that “liars or fraud never qualify as strong projects.” First he spreads fud and declare that most of the competitors are thieves and then want to help them. He is doing unfair business practices and it's definitely illegal in most of the country of the world! Looks like CZ is a scammer, pump and dump. 1.He new market would crash when he announced FTT selling, so he(binance) sold before, 2.waited for the dip, bought. 3.Than announced he will buy FTX, sold. 4.Said he wouldn't buy it, bought the dip. 5.Announced fund, sold. Its only an intent for now, lets wait what really this fund will do. and if it really gonna happen. Dont trust, verify. one of the rules of crypto.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Binance pledges to create crypto industry recovery fund, calls for regulationBinance chief executive Changpeng Zhao said the cryptocurrency exchange plans to launch a fund to help crypto projects facing a liquidity crisis as the collapse of rival FTX ricochets through the industry. 👏👏
Source: Reuters - 🏆 2. / 97 Read more »