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Ethereum World News
2022-12-14 12:53:32

CZ Binance Says To ‘Expect Tough Months Ahead’, Calls $6 Billion In Outflows A’Stress Test’

CZ Binance Says To ‘Expect Tough Months Ahead’, Calls $6 Billion In Outflows A’Stress Test’

Summary: Binance CEO Chanpgeng Zhao pointed to FTX’s collapse as a reason for increased scrutiny of the digital asset industry. Zhao’s internal meme to Binance staff said the crypto exchange “will survive any crypto winter”. Outflows from Binance crossed $6.1 billion in assets while inflows exceeded $6.5 billion in the same 24 hours, Nansen data showed. According to Binance CEO Chanpgeng Zhao, crypto winter is far from over and bumpy days lay ahead for the digital asset industry following the

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