Binance was robbed of about $6.3 billion. How can it compensate? The best way is to pump the market.
About $3 billion has been frozen, but even if it’s all recovered, there’s still a $3.3 billion shortfall.
SAFU is currently worth less than $1.2 billion, so Binance has to cough up the remaining $2 billion-plus itself.
When the coin price rises, trading volume and fees rise too. Binance makes money faster, and can plug the hole faster.
After Binance was hacked in 2019, BTC rose 58% in six months.
#crypto #meme #BSC
About $3 billion has been frozen, but even if it’s all recovered, there’s still a $3.3 billion shortfall.
SAFU is currently worth less than $1.2 billion, so Binance has to cough up the remaining $2 billion-plus itself.
When the coin price rises, trading volume and fees rise too. Binance makes money faster, and can plug the hole faster.
After Binance was hacked in 2019, BTC rose 58% in six months.
#crypto #meme #BSC
