Binance CEO: Exchange Assets Are Backed One-to-One, No Liquidity Crunch
The CEO of leading cryptocurrency exchange Binance, Changpeng ‘CZ’ Zhao, has recently defended that the exchange holds customer assets backed one-to-one that it isn’t facing a liquidity crunch during a run on the bank.
Top 5 Billionaires Who Lost the Most Money Due to 2022 Crypto Crash
The most prominent crypto billionaire have together suffered a combined loss of $112.7 billion only in one year.
