Open letter to crypto: What is wrong with this industry? Binance pools customer funds with collateral | Invezz

Open letter to crypto: What is wrong with this industry? Binance pools customer funds with collateral | Invezz

Exasperation. Irony. Apathy. This week’s story about Binance and its mismanagement of reserves raises many emotions. If you missed it, Bloomberg reported that Binance “mistakenly” pooled collateral for some of the crypto assets it issues with customer funds, with the report citing an unidentified Binance spokesperson. Are you looking for fast-news, hot-tips and market analysis? … Read more