Discussion · Bonfire Dinteg Labs

Molly White

@molly0xfff@hachyderm.io · 18 hours ago

Binance bitcoin bailout

#crypto #cryptocurrency

Headline: Binance to shift $1 billion user protection fund into bitcoin amid market rout Binance will convert the stablecoin holdings in its $1 billion Secure Asset Fund for Users to bitcoin over the next 30 days, with plans for regular audits

Molly White

@molly0xfff@hachyderm.io replied · 17 hours ago

it does not seem to me to bode well that they’re getting this nervous when the bitcoin price hasn’t even dropped below $80,000

#crypto #cryptocurrency

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