During the recent AMA, Binance CEO Changpeng Zhao answered some questions regarding his employees’ decision to trade against the users. He also referred to the Terra project as “stupid’.
The crypto exchange revealed that layer 2 ETH deposits are also available on the platform.
The Luna Foundation Guard saw its Bitcoin reserves take a massive hit following the UST stablecoin’s price plunge.
Binance CEO CZ says that there’s open to working with the Terra community but demanded more transparency on the recent events. “Minting, forking, don’t create value. Buying back, burning does, but requires funds,” he added.
Binance became the largest cryptocurrency exchange due in part to its high trading volume, and the delisting of LUNA may be a move that may be considered by other prominent trading platforms.
Calacanis wants at least a $250,000 financial commitment from interested investors, from which he will take an $18,000 fee.
Using the funds, Talos will expand its institutional-grade digital asset platform. The firm will also pursue further expansion into Europe and the Asia-Pacific region.
Coinbase experienced a substantial fall in stock price amid several macroeconomic factors that also affected US equities and crypto.
Crypto exchange Binance looks to legal and other action against fake company billboards advertising promos in Turkey.
According to a source, Elon Musk has no plans to lead Twitter for the long term after closing the $44 billion deal.