Can CZ’s Binance weather the storm?

This week, Binance, the world’s largest crypto exchange, seems to be facing a crisis of trust. Its native token BNB has seen a sharp decline in value following over $6bn in user withdrawals. Adding fuel to the fire, Kevin O’Leary claimed that Binance was to blame for the FTX collapse, to which CZ responded by calling O’Leary a liar. So let’s dive into the crisis and see how Binance is responding to it.

Sponsor:
https://oasis.app/#earn

✨ Check out our new website ✨
https://thedefiant.io/

🚀 Sign up to our newsletter 🚀
https://newsletter.thedefiant.io/

🤑 Find DeFi investment opportunities & educational primers here
https://newsletter.thedefiant.io/s/defi-alpha

✊ Follow The Defiant
Twitter https://twitter.com/defiantnews
Discord https://discord.gg/thedefiant
Instagram https://www.instagram.com/thedefiant.io/
Telegram News https://t.me/DefiantNews

📬 Contact our Newsroom
editorial@thedefiant.io

🤝 Sponsorships & Partnerships
sponsors@thedefiant.io

💚 Follow The Defiant team on Twitter
Camila Russo: https://twitter.com/CamiRusso
Alp Gasimov: https://twitter.com/alpgasimov
Edward Robinson: https://twitter.com/EddieRob235
yyctrader: https://twitter.com/yyctrader1
Isaac Ibiapina: https://twitter.com/_isaacibiapina
Owen Fernau: https://twitter.com/ofernau
Devin Sawyer: https://twitter.com/devinsawyer
Samuel Haig: https://twitter.com/samuel_haig
Aleks Gilbert: https://twitter.com/aleks_gilbert
Diego Cabral: https://twitter.com/DiegoCabral__
Nick Duddy: https://twitter.com/nickduddy

#TheDefiant​ #DeFi​ #Decentralized​ #Finance​ #Blockchain

(Visited 6 times, 1 visits today)

You might be interested in

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *

eos
EOS (EOS) 0,835651 1,76%
aave
Aave (AAVE) 62,79 2,67%
the-graph
The Graph (GRT) 0,118370 1,92%
kusama
Kusama (KSM) 24,42 0,60%
waves
Waves (WAVES) 1,66 2,02%
dash
Dash (DASH) 40,46 1,22%
bitcoin
Bitcoin (BTC) 25.897,42 1,21%
ethereum
Ethereum (ETH) 1.766,52 1,03%
cardano
Cardano (ADA) 0,353773 1,05%
tether
Tether (USDT) 0,932602 0,02%
xrp
XRP (XRP) 0,460834 2,20%
solana
Solana (SOL) 19,20 1,10%
polkadot
Polkadot (DOT) 5,09 0,96%
usd-coin
USD Coin (USDC) 0,933535 0,11%
dogecoin
Dogecoin (DOGE) 0,068063 0,95%
uniswap
Uniswap (UNI) 4,77 0,71%
terra-luna
Terra Luna Classic (LUNC) 0,000081 1,47%
litecoin
Litecoin (LTC) 84,86 0,62%
chainlink
Chainlink (LINK) 6,19 0,04%
bitcoin-cash
Bitcoin Cash (BCH) 107,28 1,31%
algorand
Algorand (ALGO) 0,142162 0,94%
matic-network
Polygon (MATIC) 0,848953 3,39%
stellar
Stellar (XLM) 0,083371 0,71%
cosmos
Cosmos Hub (ATOM) 10,03 1,66%
filecoin
Filecoin (FIL) 4,33 0,42%
tron
TRON (TRX) 0,071075 1,65%
ethereum-classic
Ethereum Classic (ETC) 17,13 1,03%
dai
Dai (DAI) 0,932401 0,08%
tezos
Tezos (XTZ) 0,874314 0,52%
monero
Monero (XMR) 143,64 0,97%