{"id":8297,"date":"2022-12-14T14:37:38","date_gmt":"2022-12-14T13:37:38","guid":{"rendered":"http:\/\/costops.com\/index.php\/2022\/12\/14\/binance-founder-insists-business-as-usual-after-1bn-pulled-out-in-a-day\/"},"modified":"2022-12-14T14:37:38","modified_gmt":"2022-12-14T13:37:38","slug":"binance-founder-insists-business-as-usual-after-1bn-pulled-out-in-a-day","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/12\/14\/binance-founder-insists-business-as-usual-after-1bn-pulled-out-in-a-day\/","title":{"rendered":"Binance founder insists \u2018business as usual\u2019 after $1bn pulled out in a day"},"content":{"rendered":"

Changpeng Zhao calls withdrawals a \u2018stress test\u2019 as investors continue to react to FTX collapse<\/p>\n

More than a billion dollars were pulled out of Binance in a single day, according to the largest cryptocurrency exchange\u2019s founder Changpeng Zhao, as investors across the sector continue to react to the collapse of its rival FTX<\/a>.<\/p>\n

Zhao, better known as CZ, insisted that the withdrawals were simply proof of the firm footing that Binance has, calling them a \u201cstress test\u201d and reassuring depositors that the exchange\u2019s reserves were sound.<\/p>\n

Continue reading…<\/a>
\nChangpeng Zhao calls withdrawals a \u2018stress test\u2019 as investors continue to react to FTX collapse
\nMore than a billion dollars were pulled out of Binance in a single day, according to the largest cryptocurrency exchange\u2019s founder Changpeng Zhao, as investors across the sector continue to react to the collapse of its rival FTX.
\nZhao, better known as CZ, insisted that the withdrawals were simply proof of the firm footing that Binance has, calling them a \u201cstress test\u201d and reassuring depositors that the exchange\u2019s reserves were sound. Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

Changpeng Zhao calls withdrawals a \u2018stress test\u2019 as investors continue to react to FTX collapse More than a billion dollars were pulled out of Binance in a single day, according to the largest cryptocurrency exchange\u2019s founder Changpeng Zhao, as investors across the sector continue to react to the collapse of its rival FTX. Zhao, better …<\/p>\n

Binance founder insists \u2018business as usual\u2019 after $1bn pulled out in a day<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":8298,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/8297"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=8297"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/8297\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/8298"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=8297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=8297"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=8297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}