Zhao said that details of the fund were due to be published on the exchange’s blog in the coming days, adopting a fairly “loose” structure with contributions from other members of the cryptocurrency ecosystem:
“There’s been back and forth on how to structure that, do we make it a loose fund or an actual fund? I think we’re kind of going with a loose approach where different industry players will contribute as they wish.” The fund will be publicly viewable according to the Binance CEO, with contributors set to send funds to a central, transparent blockchain address. Zhao also noted that the fund is expected to go live before the end of 2022, while touting a six-month road map within which he expects to see the industry recover.
binance The question is who’s recovery? Binance or ?
binance I just hope binance can help me get my bnb off their DeX. This is only the 7th message..
binance Voyager likely as they got outbid by FTX first time round 🤷♂️
binance Let’s see what they will be recovering… Voyager? BlockFi? Fingers crossed for their users.🤞
Binance is creating a positive example to follow here, next in the line should be Bitfinex and Kucoin
SBF bribes politicians and it's wrong, CZ bribes politicians and it's okay
Ok, but I only listen to ChiefraFba for signals and analysis I have a 91% win rate in 2 months of copying his signals 🚀
cz_binance Sounds stupid. Flush out the rats and the bad players and let the market decide what's healthy enough to survive.
cz_binance $FTT or
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