Zhao Changpeng, the founder and chief executive of the world’s largest cryptocurrency exchange Binance, during an interview in Paris on May 16. Photo: AFP
Zhao Changpeng, the founder and chief executive of the world’s largest cryptocurrency exchange Binance, during an interview in Paris on May 16. Photo: AFP
Bitcoin

exclusive | Fear grips cryptocurrency traders and magnifies the global rout in US$247 billion DeFi market, Binance’s founder CZ says

  • There were a total of US$879 million of liquidations this recent weekend, according to data compiled by Coinglass
  • Three Arrows Capital in Singapore was the latest to be liquidated, after Babel Finance in Hong Kong halted customers’ withdrawals last week

Zhao Changpeng, the founder and chief executive of the world’s largest cryptocurrency exchange Binance, during an interview in Paris on May 16. Photo: AFP
Zhao Changpeng, the founder and chief executive of the world’s largest cryptocurrency exchange Binance, during an interview in Paris on May 16. Photo: AFP
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