Cryptocurrency trading platform Bitvo, based in Canada, has stated that it has decided to terminate its deal to be bought by FTX. Bitvo mentioned that its shareholder, Pateno Payments Inc., had to go ...
Tag: acquisition
Yuga announces successful acquisition of WENEW, 10KFT NFT Project
Yuga has completed its acquisition of WENEW, and the company has officially announced its success. The most notable aspect of this incident is that Yuga also acquired access to their 10KTF NFT collect...
Uncertainty Looms Amid Binance’s Failed Acquisition Of The FTX Crypto Exchange ⋆ ZyCrypto
Advertisement     On November 2, 2022, the Fed raised its key interest rates by 75 basis points for the fourth time this year, bringing the target range for the federa...
Tron Founder Justin Sun Says FTX Acquisition Possible
Tron founder Justin Sun in a Bloomberg interview on Friday said his team is currently working on due diligence over the potential acquisition of FTX. The major motivation behind the move is resolving ...
Oil And Gas Investor On High-Speed Acquisition Path; In Buy Zone After Strong Earnings
Northern Oil & Gas (NOG) is in the buy zone after mounting the 33.60 buy point of a cup-with-handle base. Volume surged when shares broke out in September and have held above their 50-day line, de...
Digital World Acquisition (DWAC) price prediction for December 31, 2022
Digital World Acquisition Corp (NASDAQ: DWAC) had climbed marginally by the end of the closing bell on Thursday, November 10, trading at $22.76 +$0.21 (0.93%). However, DWAC is still up a further +$5....
Binance Withdraws From Acquisition Of FTX
The deal between Binance and FTX.com didn’t go through as Binance reversed the acquisition. We are witnessing the end of Bankman-Fried’s crypto empire. Top crypto exchange Binance Holdings, is abandon...
FTX Acquisition And Crypto Crash Is Bad For The Community, Says CZ Binance
CEO Changpeng Zhao (CZ) gave statements to clarify the air amid the FTX ordeal and circumstances surrounding its acquisition by Binance. On Tuesday, FTT, the FTX native token, went to ruins with over ...
Bitcoin: A-Z of how the king coin fared following FTX’s proposed acquisition
Bitcoin’s price fell below the $17,500 mark for the first time in two years Short traders who had hoped for a further decline in price got liquidated Binance CEO Changpeng Zhao’s confirmation of the i...
Binance’s CZ says on FTX acquisition
Binance CEO Changpeng Zhao(CZ) shared his views regarding the recent FTX debacle with the Binance community, stating FTX going down is not good for the industry as it will welcome tougher regulations...
Binance Likely to Back Out of FTX Acquisition
In a shocking turn of events, a CoinDesk report reveals that cryptocurrency exchange Binance is highly unlikely to go ahead with its proposed acquisition of rival FTX. Less than a day after reviewing ...
CHZ investors must keep a close watch on the FTX acquisition for these reasons
Following the market downturn on 8 November, Chiliz [CHZ] broke out of a rising wedge to suffer a 17% price decline in the last 24 hours Buying pressure declined significantly on a daily chart as sel...
Binance bailed on FTX. It’s not the first time the firm has backed out of a deal
Binance pulled out of its deal to acquire FTX after reviewing the exchange’s financials. It’s not the first time it’s bailed on a deal. The skepticism was almost immediate foll...
Binance backs out of FTX acquisition deal
Crypto exchange giant Binance will not buy FTX after reviewing the company’s financials. “Our hope was to be able to support FTX’s customers to provide liquidity, but the issue...
Binance Bails On FTX Acquisition — Here’s What Led To The FTX Crypto Crash
Topline Binance will back out of its agreement to buy rival cryptocurrency exchange FTX, Binance said Wednesday afternoon, the latest in the sudden unraveling of billionaire Sam Bankman-Fried’s crypto...
Crypto Market Could See Biggest Crash In History If Binance Cancels FTX Acquisition — Arthur Hayes ⋆ ZyCrypto
Advertisement     Arthur Hayes, co-founder and former CEO of crypto exchange BitMEX has warned that a decision by Binance to pull out of the FTX acquisition arrangemen...
Binance Backs Out of FTX Acquisition, Cites Crypto Exchange’s Balance Sheet and Pending US Investigations
Global crypto giant Binance says it’s decided not to acquire the embattled digital asset exchange FTX. In a series of tweets, Binance lays out its reasoning for rapidly deciding not to pursue the deal...
FTX acquisition could grant Binance control over 80% of global crypto market
After throwing its fellow cryptocurrency exchange a lifeline from the recent liquidity crunch, research has shown that the deal to acquire FTX might benefit Binance much more than just gaining a major...
Bahrain-Based Crypto Platform to Enable Real Estate Acquisition Using Crypto
CoinMena, a Bahrain-based crypto asset service provider, has teamed up with Carlton Real Estate to facilitate real estate purchases using cryptocurrencies. Ali Adnan Mahmood, Carlton Real Estate’s de...
Binance’s FTX acquisition seen as chess move by crypto community
“Who needs Netflix when you are in crypto?” commented a user on Twitter as the crypto industry attempted to digest the acquisition of cryptocurrency exchange FTX by its rival Binance. The deal, disclo...
FTT Continues Decline Following Binance Acquisition, Market Follows
FTT token plunged by more than 50% after the announcement of the Binance acquisition. Nearly $500 Million have been liquidated in the last 4 hours. The crypto market is going through the most dramatic...
Binance CEO CZ Announces FTX Acquisition To Save Liquidity Crunch
In a recent development, Binance CEO, Changpeng Zhao or popularly referred to as CZ announced on Twitter that they have signed a non-binding Letter of Intent (LOI), intending to fully acquire the FTX ...
Bankman-Fried apologizes to FTX investors for lack of communication over Binance deal
FTX CEO Sam Bankman-Fried appeared to apologize to investors over a lack of communication about its financial deal with Binance in a letter to investors cited by numerous sources on Twitter. Det...
BNB surges 20% in 2 hours after news of Binance’s planned acquisition of FTX
BNB, issued by the largest exchange by volume, Binance, surged by more than 20% in two hours after Binance CEO. Changpeng Zhao (CZ) announced plans to acquire FTX. Later, however, the BNB price droppe...
How an FTX buyout benefits Binance
What does Binance’s possible acquisition of FTX.com mean for the greater industry? For institutional clients, possibly avoiding a lengthy onboarding process. And for Binance, it could mean acces...
FTT temporarily jumps 44% on news of Binance acquisition before going into free fall
Update 8.20 pm: FTT continued on its death spiral to bounce at $2.73. It currently sits at $4.52.Update 6.20 pm: The token has continued to fall and is now trading at $9.40, down 60% on the day.Updat...
Binance’s FTX.com Acquisition Plunges Market Into Chaos
Key Takeaways Binance’s planned acquisition of FTX has sent markets into turmoil. Tokens backed by FTX and Alameda Research and suffering acutely from the news, especially FTT, which is down abo...
Elon Musk: the news on the acquisition of Twitter
Elon Musk bought Twitter only two weeks ago, and amid enthusiasm and controversy, many factors have contributed to the discussion of some of the most important personalities, inside and outside the cr...
Billionaire Sam Bankman-Fried Explains Why Crypto Exchange FTX Passed on Funding Twitter Acquisition
The chief executive of FTX is revealing why the crypto exchange passed on funding Elon Musk’s acquisition of social media giant Twitter. FTX CEO Sam Bankman-Fried tells his 793,500 Twitter followers t...
Opinion: Tesla investors have been the biggest losers in Elon Musk’s Twitter deal, and those losses continue
Twitter users have complained a lot about Elon Musk’s early moves after taking control of the social network, but their complaints seem tiny compared with what Tesla Inc. investors have had to suffer....