Binance CEO Takes A Dig At Vauld, Here’s Why

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Binance’s CEO Chengpang "CZ” Zhao took to Twitter to take a dig at Vauld, a Singapore-based crypto exchange and lending platform.  Replying to an article about Vauld’s suspension of withdrawals, CZ cautioned against using platforms that require VC funding.

He believes that such companies do not have a reliable business model.  CZ’s dig makes a The post Binance CEO Takes A Dig At Vauld, Here’s Why appeared first on CoinGape.

Vauld also posted a blog revealing 3AC’s insolvency a month ago.

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Article Details

Author / Journalist: Nidhish Shanker

Category: Crypto

Topics: News Vauld Changpeng “CZ” Zhao

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-04, 10:34:18

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Reading Time: 2 minutes read

Article Length: 341 words

Coverage Area: India

Availability: Desktop Web, Mobile Web

News ID: 28728

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