The primary cryptocurrency, as well as the entire cryptocurrency market, experienced a sudden surge associated with the latest tweets by the CEO of the world’s largest exchange, Binance.
CZ took to Twitter to announce an industry recovery group aimed at helping projects that are “otherwise strong” but in a liquidity crisis.
To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund, to help projects who are otherwise strong, but in a liquidity crisis. More details to come soon. In the meantime, please contact Binance Labs if you think you qualify.
Hey, you misread the tweet, I think. Liars or fraud never qualify as strong projects. This is for other projects in the ecosystem.