Bitcoin Skyrockets by Almost $1,000 as Binance's CZ Announces Industry Recovery Fund

To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund, to help projects who are otherwise strong, but in a liquidity crisis. More details to come soon. In the meantime, please contact Binance Labs if you think you qualify.

This had a very positive impact on the entire market, as Bitcoin’s price skyrocketed to almost $17,000.There’s no information as to what projects the fund will be investing in, but one thing is for sure – CZ has no intentions of helping FTX.Hey, you misread the tweet, I think. Liars or fraud never qualify as strong projects. This is for other projects in the ecosystem.

'Skyrocketed' to the same price as.... errrr... 24hrs ago

It's a trap bull run don't buy anything

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

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FTX CEO John Ray Confirms Late-Night Hack, Says Company Is Working With Law EnforcementNew FTX_Official CEO John Ray said the company is “in contact with, and are coordinating with law enforcement and relevant regulators” after last night’s hack. cheyenneligon reports FTX_Official cheyenneligon “Hack” 😒 FTX_Official cheyenneligon Fraud ftx 😭😭😭😭 i lost everything in my life FTX_Official cheyenneligon
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Bitcoin Plunges Toward $16K on More FTX Bad News (Market Watch)Crypto markets shed another $30 billion following the news of FTX's bankruptcy and, subsequently, the reported hack.
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