El CEO de Binance comparte lecciones del colapso de FTX

• El CEO de Binance, CZ, aconsejó a las criptoempresas que no usen sus tokens nativos como garantía y que no tomen prestado.
• FTX tuvo una crisis de liquidez después de que CZ tuiteó que Binance liquidaría sus tenencias de FTT.
• A recent Bloomberg post has revealed that Sam Bankman-Fried has lost a chunk of his fortune, taking him off the company’s top 500.

---

With the battle of the titans officially over, Binance CEO, Changpeng “CZ” Zhao has emerged as the superpower of the market after seeing off his biggest competitor, FTX. CZ later took to Twitter to share “two big lessons” from the FTX situation. The crypto billionaire advised exchanges against using their native tokens as collateral and also to keep large reserves.

Dos grandes lecciones:

1: Nunca use un token que haya creado como garantía.

2: Don’t borrow if you run a crypto business. Don't use capital "efficiently". Have a large reserve.

Binance nunca ha utilizado BNB como garantía y nunca nos hemos endeudado.

Quedarse #SAFU.🙏

— CZ 🔶 BNB (@cz_binance) 8 de noviembre de 2022

Binance envió una carta de intención no vinculante para adquirir FTX after the exchange had liquidity problems. Sharing from his wealth of experience, the 45-year-old CZ advised crypto companies against borrowing, adding that “Binance has never used BNB for collateral, and we have never taken on debt.”

FTX’s liquidity problems were triggered by a post made by CZ, in which he claimed Binance would liquidate its FTT holdings, citing “recent revelations.” FTX users recently complained about sluggish withdrawals, sparking fears the exchange did not have enough to cover user funds.

The specifics of the takeover are yet unknown, but it does not involve FTX.US, the exchange’s American subsidiary, which was valued at about $8 billion earlier this year.

SBF Falls From Bloomberg’s Billionaire List

Sam Bankman-Fried was one of the few crypto billionaires, with his wealth once said to have approached $20 billion. However, SBF might not have the luxury of his “billionaire” title anymore after losing 94% of his personal wealth due to the recent crisis. According to the Bloomberg Billionaires Index, SBF no longer appears in the company’s top 500.

Bankman-Fried surgió como una de las figuras más vocales y poderosas del mundo de las criptomonedas. Además de adquirir empresas en conflicto, SBF expandió su influencia en el espacio político de los EE. UU., utilizando su poder financiero para impulsar a los políticos que apoyan sus ideologías. Bloomberg reportado que SBF podría ver disminuir su riqueza si Binance adquiere con éxito FTX.

Bankman-Fried poseía una participación de 53% en FTX. Antes de que saliera la noticia de una posible adquisición, FTX estaba valorado en $6.2 mil millones. SBF también retuvo su propiedad de Alameda Research, aumentando su riqueza en $7.4 mil millones adicionales.

The Bloomberg wealth index values the two companies at just $1, which estimates that Bankman-Fried and current investors will lose everything due to the Binance acquisition. As a result, Bankman-Fried’s value decreased from $15.6 billion on November 8 to approximately $1 billion, marking the biggest single-day collapse that Bloomberg recorded.

Últimas noticias