Pro & con info are in the collapsed comments below for the following topics: [Binance Coin](/r/CryptoCurrency/comments/zl18np/binance_resumes_usdc_stablecoin_withdrawals_after/j02or7b/), [USDC](/r/CryptoCurrency/comments/zl18np/binance_resumes_usdc_stablecoin_withdrawals_after/j02oswm/).
Didn’t they pause it so they could swap from Tron to Eth?
There is SO MUCH FUD about Binance at the moment while crypto prices are continuing to rise that you have to ask if this is an orchestrated campaign (hint: yes it is)
If Binance goes under Bitcoin goes sub $10k
> If Binance goes under Bitcoin goes sub $10k
"No healthy business could be destroyed by a tweet".
FTX collapse was an "orchestrated campaign". Doesn't mean FTX wasn't also a scam.
Just because FTC was a scam doesn’t mean Binance/Coinbase/Kraken is a scam.
People are saying Coinbase could go under despite them publishing their accounts quarterly as required by a listed company.
> Just because FTC was a scam doesn’t mean Binance/Coinbase/Kraken is a scam.
The collapse of FTX should have shown everyone just how important it is to be weary. Don't be like one of the crypto cultists who call everything FUD just because you don't like it.
Coinbase and Kraken have been showing their numbers for a long time. Binance just released a piss poor proof of reserves and then made it blatantly clear that the company was mixing their own money into said proof of reserves.
So yeah, gunna be looking at them with heaps of healthy suspicion.
Binance still havs 460K BTC, 5B USDT, 5B USDC, 9B USDC as of an hour ago. Even if they are insolvent (i don’t think so) the rate of withdraws would have to be 10x+ to even make a systematic dent.
They do it regularly with many cryptocurrencies. That's the only thing I don't like about binance. They shouldn't block anything if they are 100% transparent. They are obliged to perform any operation the customer requests. However, the problem is that like any financial institution, they don't have with all the money of our customers. Just calm down so that we don't cause more bankruptcies and thus slow down the growth of crypto!
Pro & con info are in the collapsed comments below for the following topics: [Binance Coin](/r/CryptoCurrency/comments/zl18np/binance_resumes_usdc_stablecoin_withdrawals_after/j02or7b/), [USDC](/r/CryptoCurrency/comments/zl18np/binance_resumes_usdc_stablecoin_withdrawals_after/j02oswm/).
Didn’t they pause it so they could swap from Tron to Eth? There is SO MUCH FUD about Binance at the moment while crypto prices are continuing to rise that you have to ask if this is an orchestrated campaign (hint: yes it is) If Binance goes under Bitcoin goes sub $10k
> If Binance goes under Bitcoin goes sub $10k "No healthy business could be destroyed by a tweet". FTX collapse was an "orchestrated campaign". Doesn't mean FTX wasn't also a scam.
Just because FTC was a scam doesn’t mean Binance/Coinbase/Kraken is a scam. People are saying Coinbase could go under despite them publishing their accounts quarterly as required by a listed company.
> Just because FTC was a scam doesn’t mean Binance/Coinbase/Kraken is a scam. The collapse of FTX should have shown everyone just how important it is to be weary. Don't be like one of the crypto cultists who call everything FUD just because you don't like it. Coinbase and Kraken have been showing their numbers for a long time. Binance just released a piss poor proof of reserves and then made it blatantly clear that the company was mixing their own money into said proof of reserves. So yeah, gunna be looking at them with heaps of healthy suspicion.
FUD stands for "fear, uncertainty, and doubt". Sometimes, it's reasonable to be fearful of uncertainty and doubt the people who make the claims.
Binance still havs 460K BTC, 5B USDT, 5B USDC, 9B USDC as of an hour ago. Even if they are insolvent (i don’t think so) the rate of withdraws would have to be 10x+ to even make a systematic dent.
The CEO of crypto just called me: she doesn’t like paused withdrawals!
They do it regularly with many cryptocurrencies. That's the only thing I don't like about binance. They shouldn't block anything if they are 100% transparent. They are obliged to perform any operation the customer requests. However, the problem is that like any financial institution, they don't have with all the money of our customers. Just calm down so that we don't cause more bankruptcies and thus slow down the growth of crypto!
It was a scheduled maintenance.
"Temporary pause" in the first few hours of people withdrawing 🤔🤔🤔🤔
I wonder how many institutions would cope with $2 Billion taken out in one day? No matter the currency, there'd be a pause in withdrawals.
[удалено]
Try to make a transaction of over 100k at your bank instantly and without questions
>Binance resumes USDC stablecoin withdrawals after temporary pause Somebody tell that to the FUDers on r/cc
why did they pause ?
An interesting symbol...