// BEGIN ENQUEUE PARENT ACTION // AUTO GENERATED - Do not modify or remove comment markers above or below: if ( !function_exists( 'chld_thm_cfg_locale_css' ) ): function chld_thm_cfg_locale_css( $uri ){ if ( empty( $uri ) && is_rtl() && file_exists( get_template_directory() . '/rtl.css' ) ) $uri = get_template_directory_uri() . '/rtl.css'; return $uri; } endif; add_filter( 'locale_stylesheet_uri', 'chld_thm_cfg_locale_css' ); if ( !function_exists( 'chld_thm_cfg_parent_css' ) ): function chld_thm_cfg_parent_css() { wp_enqueue_style( 'chld_thm_cfg_parent', trailingslashit( get_template_directory_uri() ) . 'style.css', array( 'font-awesome-v5','bootstrap','sidr','magnific-popup','sliderpro' ) ); wp_enqueue_script('custom-script', get_stylesheet_directory_uri() . '/custom-script.js', array('jquery')); } endif; add_action( 'wp_enqueue_scripts', 'chld_thm_cfg_parent_css', 10 ); // END ENQUEUE PARENT ACTION add_action( 'admin_enqueue_scripts', 'my_cfg_admin_enqueue' ); function my_cfg_admin_enqueue(){ wp_enqueue_script('custom-script', get_stylesheet_directory_uri() . '/custom-script.js', array('jquery')); wp_enqueue_style('style-cfg-child', get_stylesheet_uri(), array(), "4.2"); } add_action( 'after_setup_theme', 'remove_plugin_image_sizes', 999 ); function remove_plugin_image_sizes(){ remove_image_size( '2048x2048' ); remove_image_size( '1536x1536' ); remove_image_size( 'large' ); } function action_dynamic_sidebar_after( $array ) { if($array == "home-content-widgets") { echo the_content(); } }; add_action( 'dynamic_sidebar_after', 'action_dynamic_sidebar_after', 10, 1 ); add_action( 'trashed_post', 'mtp_delete_attached_thumbnail_for_trashed_product', 20, 1 ); function mtp_delete_attached_thumbnail_for_trashed_product( $post_id ) { // gets ID of post being trashed $post_type = get_post_type( $post_id ); // does not run on other post types if ( $post_type != 'post' ) { return true; } // get ID of featured image $post_thumbnail_id = get_post_thumbnail_id( $post_id ); // delete featured image wp_delete_attachment( $post_thumbnail_id, true ); }/** * The header for our theme * * This is the template that displays all of the section and everything up until
* * @link https://developer.wordpress.org/themes/basics/template-files/#template-partials * * @package CoverNews */ ?> SBF calls for collaboration with Binance ‘for the ecosystem’ – CoinsMegaNews

SBF calls for collaboration with Binance ‘for the ecosystem’

3 years ago CryptoExpert
SBF calls for collaboration with Binance ‘for the ecosystem’

[ad_1]

FTX founder and CEO Sam Bankman-Fried took to Twitter again on Nov. 7 to claim that “a competitor is trying to go after the cryptocurrency exchange with false rumors” while also calling for collaboration with rival exchange Binance.

The comments followed a statement from Binance CEO Changpeng “CZ” Zhao concerning the liquidation of the exchange’s position in FTX Token (FTT) as “post-exit risk management” over the weekend.

FTX “assets are fine,” according to SBF, who also alleged that the exchange has enough funds to cover all clients’ holdings and does not invest client assets, even in treasuries. He also said:

“It’s [FTX] heavily regulated, even when that slows us down. We have GAAP audits, with > $1b excess cash. We have a long history of safeguarding client assets, and that remains true today.”

Binance co-founder and chief customer service officer Yi He clarified that the sell-off of FTT had nothing to do with the alleged “war” between the two exchanges.

Earlier on Nov. 7, FTX’s Twitter account also addressed user complaints surrounding withdrawal delays, assuring users that everything is running smoothly with the matching engine, although node throughput remains limited for Bitcoin (BTC) withdrawals at the time of publication.

On Reddit, some users expressed alarm regardin the developments, likening the situation to Celsius halting withdrawals and misleading its users prior to the platform’s collapse.

In a Nov. 6 tweet, Zhao said the decision to liquidate the assets was made after “recent revelations that have came to light,” in reference to Terra’s Luna Classic (LUNC) crash and its impact on the crypto market. He also commented on the FTX founder’s recent actions. In a tweet, CZ added:

“We won’t support people who lobby against other industry players behind their backs.”

On-chain analysis shows that an unknown wallet transferred approximately 23 million FTT to Binance — worth around $584 million — on Nov. 7. According to Zhao, the transfer was part of the exchange’s decision to offload tokens.

Related: FTX addresses user withdrawal complaints amid major token movement

The series of tweets triggered a sell-off of FTX Token that broke below the pattern’s support line near $22.50, accompanied by a volume spike. The sell-off continued on Nov. 7 below the support line, raising risks of a bearish continuation in the coming months, as reported by Cointelegraph.

Binance’s decision was influenced by allegations that the FTX-founded crypto hedge fund Alameda Research could go insolvent due to its exposure to illiquid altcoins, including FTT. As of June 30, Alameda Research reported a balance sheet of $14.66 billion, with FTT the largest holding company with $5.8 billion, making up 88% of its net equity.

[ad_2]

Source link

Tags:

More Stories

Umoja Partners With Merlin Chain to Launch Bitcoin’s First High-Yield Synthetic Dollar

Umoja Partners With Merlin Chain to Launch Bitcoin’s First High-Yield Synthetic Dollar

1 year ago CryptoExpert
USDE and FDUSD Experience Brief Depegs Amid Saturday’s Crypto Market Shake-Up

USDE and FDUSD Experience Brief Depegs Amid Saturday’s Crypto Market Shake-Up

1 year ago CryptoExpert
Solana Developers Test Congestion Fixes in Testnet, Introduce Measures to Prioritize Traffic

Solana Developers Test Congestion Fixes in Testnet, Introduce Measures to Prioritize Traffic

1 year ago CryptoExpert
Arthur Hayes Introduces New ‘Risk Radar’ for Ethena’s USDE Stablecoin

Arthur Hayes Introduces New ‘Risk Radar’ for Ethena’s USDE Stablecoin

1 year ago CryptoExpert
Stablecoin Market Expands by $4.46 Billion in 12 Days

Stablecoin Market Expands by $4.46 Billion in 12 Days

1 year ago CryptoExpert
SAGA token price prediction; Bitbot follows in its footsteps

SAGA token price prediction; Bitbot follows in its footsteps

1 year ago CryptoExpert

Leave a Reply

Your email address will not be published. Required fields are marked *

/** * The template for displaying the footer * * Contains the closing of the #content div and all content after. * * @link https://developer.wordpress.org/themes/basics/template-files/#template-partials * * @package CoverNews */ ?>

You may have missed

Free Slot Machine No Download And Install: Play Your Favorite Gambling Establishment Games Instantly

7 hours ago xtw18387208b

Online Casino Free Slot Machine: A Comprehensive Guide to Online Slot Machines

7 hours ago xtw18387208b

Ideal Neteller Gambling Enterprises: A Comprehensive Overview

2 days ago xtw18387208b

No Account Casino Site: The Future of Online Betting

2 days ago xtw18387208b