Luna and Terra have since been halted on many exchanges, including Binance. Speaking to Terra founder Do Kwon’s newly introduced proposal to revive the ecosystem, Zhao isn’t entirely sure it will work. This is the first thing that should have happened,” his tweet read. Relying on 3rd party analysis is not sufficient or accurate. When Zhaoor CZ as he is universally knownmet Fortune in London in early March, for a cover story in the magazine, Binance was. Aside from the fact that Binance will prioritize its users before shareholders in the event that the exchange goes bankrupt, CZ also talked about other issues, including Terra. Opinions expressed here are personal opinions and do not represent Binance’s official position. This article is a part of the CZ’s FAQs series. Much more! Including specific on-chain transactions (txids) of all the funds. But when this disaster is happening, there is also opportunity. Of course, the community has absolutely reason to believe this rumor because this is the first time CZ mentioned the possibility of re-entering Korea since the company closed the branch of Binance Korea, a platform.Cryptocurrency trading platform for local users in January 2021. To lead by example on PROTECTING USERS, Binance will let this go and ask the Terra project team to compensate the retail users first, Binance last, if ever, CZ said in a tweet last week. CZ FAQ 5 - Why Binance Embraces Regulations. “I would like to see more transparency from them. Over the last few days, Zhao says that Binance has attempted to support Terra, pointing out that his criticisms were simply from the standpoint of someone who wants to see real value in the industry, calling for more transparency. Binance’s chief executive has previously shared that the exchange has invested in several projects, including rival blockchains. Zhao also clarified that even if Binance did invest in Terra at the misstated timeline Cermak referenced, it wouldn’t be an issue, even if it failed. For us at Binance, 2018 has been a very eventful year, with many opportunities and challenges. We have witnessed the rapid decline of a major project, which sent ripples across the industry, but also a new found resiliency in the market that did not exist during the last market downswing.- CZ □ Binance May 15, 2022 Binance CEO Changpeng CZ Zhao just wrote a letter to our friends and community. 1/8 These past weeks have proven to be a watershed moment for the crypto industry.
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