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Binance CEO Questions Coinbase on Bitcoin Reserves (Is There Enough?)

by crypetonews
November 23, 2022
in Videos
Reading Time: 2 mins read
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Today, CZ of Binance shot out a tweet asking if Coinbase has enough Bitcoin on hand. This is due to fears that Grayscale doesn’t have enough BTC. More FTX saga and DCG answers critics.

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0:00 Intro
0:55 Genesis Bankrupt?
3:00 DCG Threat
3:55 CZ Calls Out Coinbase
4:50 Brian Armstrong Responds
6:50 Investors Take Advantage
7:45 FTX Bankruptcy
9:15 Missing Funds
9:40 FTX Info
10:30 SBF Letter
12:30 FTX Assets
13:50 WEF SHIB
14:45 $50m Liquidation
16:10 Q&A

🔴Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by CryptosRUs. CryptosRus may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.

#bitcoin #btc #crypto

source

Tags: Binancebinance newsBitcoinbitcoin newsbitcoin news todaybitcoin prediction for todayCEOCoinbasecrypto analysiscrypto news todaycrypto price predictioncrypto scamsethereum newslatest metaverse newslatest nft projectsmetaverse newsnft news todayQuestionsreserves
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Comments 48

  1. CryptosRUs says:
    4 years ago

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    Reply
  2. Jerome B says:
    4 years ago

    What’s difference between token and stable coin?

    Reply
  3. Brian Jennings says:
    4 years ago

    Seems like CZ is trying to monopolies the exchange market.

    Reply
  4. Koala Man says:
    4 years ago

    CZ needs to stop trying to take down the competition because that’s bad for DeFi. CZ is becoming the new SBF- over ambitious

    Reply
  5. mrcelada says:
    4 years ago

    Regulation is not useful, is just an excuse to tax. Remember Madoff, Sec didn't do nothing, even having a lot of clues en warnings. And if regulated is even worst, because people will rely on that and maybe will loose everything

    Reply
  6. Master Shoe says:
    4 years ago

    Who gave CZ this much power?

    Reply
  7. Highrise says:
    4 years ago

    CZ starting to seem sus 🤣

    Reply
  8. Philo says:
    4 years ago

    CZ is nuking everybody ahahahha

    Reply
  9. Beachhead says:
    4 years ago

    X

    Reply
  10. Jeffrey B. says:
    4 years ago

    Does anyone agree didn't most of us in the crypto world look at ripple as a joke back then and now all of a sudden they're looking like the saviors of crypto I don't trust the FCC and ripple case it might be just a big distraction and that's why now ripple is with the WEF maybe when a project shows you who they are You believe them

    Reply
  11. Billy Reynolds says:
    4 years ago

    So much drama that can be avoided. Self custody your crypto. Only put it on an exchange to sell. I will never understand why people leave their crypto on an exchange or a hot wallet.

    Reply
  12. Peeping Turtle says:
    4 years ago

    Fudfudfudfud title

    Reply
  13. loriann1506 says:
    4 years ago

    No FTX was deleting data on the regular 😂

    Reply
  14. Art Man Digital J says:
    4 years ago

    Happy Thanksgiving everyone, let's make that holiday cash!!

    Reply
  15. iyttf fgel says:
    4 years ago

    scammer vs scammer 🤣🤣🤣🤣🤣

    Reply
  16. Mesoo horni says:
    4 years ago

    soros hasnt died. false news

    Reply
  17. Joshua says:
    4 years ago

    हैलो श्रीमती सोफिया कानूनी है और उसकी विधि जादू की तरह काम करती है मैं हर हफ्ते अपनी नई रणनीति के साथ कमाई करता रहता हूं

    Reply
  18. CANNABIS OUTLAWZ says:
    4 years ago

    What happens to coinbase wallet if coinbase goes bankrupt? I have my coins in their wallet not the exchange

    Reply
  19. Hector Figueroa says:
    4 years ago

    Cz…..👎

    Reply
  20. Jane Swanson says:
    4 years ago

    at least Bitfinex reserves don't rise up questions from him

    Reply
  21. Username says:
    4 years ago

    Good on CZ! Someone with a high enough platform in the crypto space SHOULD be questioning this stuff for USER safety.

    Reply
  22. Sujata Sharma says:
    4 years ago

    The best quality miners to use right now are online mining services, which has impacted people who need more finance and time to have a real mining machine. Gorilla GPUs has made it easy. They rent miners to individuals for cheaper prices.

    Reply
  23. Aaryan Nemiwal says:
    4 years ago

    Yes, I have been using their online services for a long time. I must say I am impressed with the figures I make through their services than using these physical mining rigs that are very expensive and hard to set up when you can make a good amount of money using an online mining server like Gorilla GPUs

    Reply
  24. ankit Sisodiya says:
    4 years ago

    lol use Gorilla GPUs, probably use 20k to rent their online miners and a large number of profits. Than doing this, you might lose everything and still owe; why put a 100k on something that doesn't make sense?

    Reply
  25. Kavita Kumawat says:
    4 years ago

    Here in Indonesia, people use more online mining services due to the cost of power. One more thing Gorilla GPUs has proven to be the best of all online mining services.

    Reply
  26. Gokul Baniwal says:
    4 years ago

    Good stuff Gorilla GPUs, but with the light and sun. it should be cheaper Mining. many people have chosen the suitable machines and services
    to use while mining, but I decide to stick with Gorilla GPUs

    Reply
  27. Govind Mela says:
    4 years ago

    if Gorilla GPUs can give me 20,,000 a month wtf do I need a physical; miner?

    Reply
  28. Sonu Marotjiya says:
    4 years ago

    I am trying to remember when I last used physical machines for Mining. I will stick with Gorilla GPU's live cloud mining services. They are the best.

    Reply
  29. Harshita Namiwal says:
    4 years ago

    Why not mine your bitcoins on Gorilla GPUs They are better than genesis mining, image over 3btc within 88 months of Mining with Gorilla GPUs

    Reply
  30. Vijay Nagar says:
    4 years ago

    Why can't you use Gorilla GPUs and save some money and earn more profits?

    Reply
  31. Nitin khandal says:
    4 years ago

    lol use Gorilla GPUs, probably use 20k to rent their online miners and a large number of profits. Than doing this, you might lose everything and still owe; why put a 100k on something that doesn't make sense?

    Reply
  32. Rohit Singh says:
    4 years ago

    honestly, I won't lie, these miners are shaped and designed correctly for profits, may I ask why you haven't given a single interest in featuring tGorilla GPUs? Their services are superb and have many advantages using their online services over using a physical miner which is way more expensive and hard to maintain.

    Reply
  33. Jp Kochar says:
    4 years ago

    mining my 0.4btc with Gorilla GPUs, my daily profits are $89 daily for a 1year contract.

    Reply
  34. Himimani Chodari says:
    4 years ago

    if Gorilla GPUs can give me 20,,000 a month wtf do I need a physical; miner?

    Reply
  35. Kapil Singh says:
    4 years ago

    you are 100% right. I'm not too fond of physical mining machines, they create noise, and it's more costly than Cloud mining services. I invested with Gorilla GPUs earlier this year and I am impressed. I'm also glad someone came out to speak about them.

    Reply
  36. Don Hosteen says:
    4 years ago

    They asked shib token because they both Ponzi

    Reply
  37. Allan Guillermo says:
    4 years ago

    CZ is sticking to his promise to speak out more often

    Reply
  38. Brett Ferguson says:
    4 years ago

    Nothing wrong with questioning their reserves. Just shows that we care. People should also question the number of lawsuits that are against Coinbase right now. Quite alarming if you ask me.

    Reply
  39. Ernest Conner says:
    4 years ago

    Coinbase's dirt is slowly and slowly revealed. Isn't Coinbase still being investigated by the SEC? 🤔

    Reply
  40. Pattieim Abbott says:
    4 years ago

    if they really have those reserves, then why are their withdrawals so slow? i'm pretty sure they're having some liquidity issue

    Reply
  41. Samuel Clark says:
    4 years ago

    That's why it is preferable to avoid exchanges. Especially with CB stocks currently on the decline.Even Brian Armstrong recently sold his stock. It just goes to show that even he isn't sure about his company's future lol.

    Reply
  42. Steven S says:
    4 years ago

    People should actually read the financial statements. Coinbase is not safe. They only have $6 billion equity in a $21 billion company. If ever a bank run happens, we're fucked. Just like what happened to FTX.

    Reply
  43. Christopher Taylor says:
    4 years ago

    For me, Coinbase is a huge red flag. Didn't they rewrite their SEC filings stating that Coinbase has the right to use their users' funds or holdings in their exchange to pay their debtors in the event of bankruptcy? That is a red flag for ne.

    Reply
  44. Lorena Kato says:
    4 years ago

    coinbase is the worst exchange to use if you value your money's safety!!!!

    Reply
  45. Roger Nelson says:
    4 years ago

    With the amount of lawsuits Coinbase has against them, I'm pretty sure the money people are depositing just goes straight into their lawyers and the damages of the lawsuits.

    Reply
  46. Martin Richardson says:
    4 years ago

    What concerns me is Circle's/USDC's partnership. USDC has yet to be proven to be backed by US dollars and has received no proper audits. If it depegs, Coinbase will undoubtedly suffer and go bankrupt alongside it.

    Reply
  47. Jay Guzman says:
    4 years ago

    People have been deafeningly deafeningly deafeningly deafeningly deafeningly deafen People have been turning a blind eye as they have been halting withdrawals for several weeks. They're going to go bankrupt sooner or later.

    Reply
  48. Jane Shad says:
    4 years ago

    You work for 40yrs to have $1M in your
    retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires..,…..

    Reply

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