Binance boss Changpeng Zhao is trying to restore order to the digital-currency universe after the collapse of the crypto giant's rival, FTX
Cryptocurrency exchange FTX was seen as a survivor in a struggling industry, but over the course of six days the exchange collapsed due to a sudden liquidity crunch.
WSJ explains the factors that drove FTX’s growth and what led to its downfall. Illustration: Alexandra LarkinChangpeng Zhao, founder of dominant crypto platform Binance, has made a series of proposals in recent days, seeking to restore order to the digital-currency universe following the
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