TechFlow news — On the evening of November 13, Justin Sun, founder of TRON and member of Huobi Global’s Advisory Board, said on Twitter that he had lunch with Binance founder Changpeng Zhao (CZ) during the G20 summit in Bali. They discussed current market volatility and agreed that the industry should unite to overcome difficulties during challenging times.
CZ replied to the post, expressing pleasure at meeting Justin Sun and emphasizing the need to work together to rebuild industry confidence. Subsequently, Justin Sun reposted, stating his hope to join hands in driving industry recovery.
It is reported that the recent turmoil triggered by the collapse of cryptocurrency exchange FTX has raised market concerns over exchange asset health. CZ previously tweeted that Binance has halted deposits of FTT to prevent potentially problematic additional FTT supply from affecting the market. Binance will monitor the situation and encourages other exchanges to do the same. Justin Sun noted on Twitter that Huobi has responded to CZ's call to stop FTT deposits and will closely monitor developments.
