The past 24 hours have been extremely difficult.
I took a huge loss, and an exchange I trusted for years is at the center of one of the largest bank runs we’ve witnessed in crypto.
I know I’m not the only impacted by this, & my heart goes out to others in a similar situation.
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. 1/2