1001
Yesterday, #Binance allocated ANOTHER $1 billion to the industry recover initiative. All in BUSD.
1002
#Binance SAFU insurance fund ($1 billion USD equ) is roughly split between BTC, BUSD, and BNB. Just that BNB price rose faster than BTC since last rebalance.
Yesterday, #Binance allocated ANOTHER $1 billion to the industry recover initiative.
Both publicly on the blockchain. twitter.com/frxresearch/st…
1006
@LayahHeilpern @JoshALivingston Sand is natural.
1007
It's not the end of crypto. Far from it. It's the beginning of a new chapter.
Just noted today’s crypto price for future reference.
1008
We do this transparently.
The public address for Binance’s initial commitment of BUSD 1 billion is: 0x043a80999cEe3711D372FB878768909fbE7F71E6 twitter.com/binance/status…
1009
Think Tencent/WeChat, ByteDance/TikTok, Weibo/Sina, Alibaba, Lenovo, etc.
1010
Let me tell you a little something.
A Chinese company will never dare to say they are not a Chinese company publicly.
Hope that puts this to rest. twitter.com/crypto/status/…
1011
@udiWertheimer They have it inked in their heads that SBF will save the world, regardless of how he does it.
1013
Crypto industry will be more transparent than traditional finance industries. Merkle trees coming soon.
1014
@ItsEasypop yeah, Mt Gox was 10x bigger impact at least. $750m (roughly 10x smaller than FTX) in 2014, when bitcoin was $200 (100x smaller). And much less mature industry back then.
We came out and grown from that.
1017
I wonder how many times I will have to repeat this one in the future (thanks to SBF's media/lobbying power)...
Binance is not a Chinese company. twitter.com/crypto/status/…
1018
Said "Bloomberg article about me talking to investors in AD for industry recovery fund was wrong", on Bloomberg TV. Live TV. 😂
Also gave them some news that was not public before, to make up for it. 😆
A lot of topics discussed, FTX, Genesis, etc. Waiting for clip link. twitter.com/spideycyp_155/…
1019
1020
Just finished. Some interesting questions, makes interesting conversation.
1021
will be live on Bloomberg in 10 min or so.
1023
@EtimEarnest @binance Small progress, consistently.
1025
There is a subtle but important difference between staking and high APY loans, ie, where the principal amount sit.
CEO @binance, holder of #bnb #btc