A blockchain-based predictions market is showing increasing skepticism that Binance will complete its non-binding deal to acquire the non-U.S. assets of rival exchange FTX as due diligence gets underw...
Tag: Binance
Binance Walks Out of FTX Deal – Trustnodes
Binance will not be buying the deeply indebted crypto exchange FTX, the company reportedly said in a statement. “As a result of corporate due diligence, as well as the latest news reports regarding mi...
Bitcoin core developer, Jeff Garzik, sides with Binance – crypto.news
Sequel to Binance’s liquidation announcement of its FTX tokens, CZ and Jeff Garzik lends their wisdom to the crypto world. Jeff and Zhao lend their wisdom to the crypto world Following the announcemen...
Binance CEO says he didn’t ‘master plan’ FTX’s collapse
One day after news broke that Binance might acquire the non-U.S. assets of FTX amid a liquidity crunch, CEO Changpeng Zhao told staff that the near collapse wasn’t planned and would likely trigg...
Binance CEO Explains Situation With FTX — Says ‘We Did Not Master Plan This’ – Exchanges Bitcoin News
Binance CEO Changpeng Zhao (CZ) has shared where his company is at on the deal with FTX. “We did not master plan this or anything related to it,” he told the Binance team, reminding them not to trade ...
Crypto Exchange Binance Raises Its SAFU Fund To $1B Amid Price Swings
Recently, the crypto market has gotten into a tight tunnel as prices keep decreasing. Most crypto assets are moving to the south with little or no break. The bears are becoming too intense, and tensio...
Binance Agrees to Buy FTX, FTT Price Surges
Alex Dovbnya Binance intends to fully acquire the FTX exchange Cryptocurrency exchange Binance has signed a non-binding letter of intent (LOI), intending to fully acquire the FTX exchange. This will ...
Binance likely to back out from the nonbinding FTX takeover
There is a feeling within the larger crypto space that cryptocurrency exchange giant Binance is most likely to back out of its proposed rescue FTX takeover. If Binance makes such a move as to pull out...
Multicoin Capital hit by FTX collapse, with 10% of its fund’s AUM stuck on the exchange
Multicoin Capital, one of the top crypto-focused venture capital firms, is significantly impacted by crypto exchange FTX’s collapse, a letter obtained by The Block shows. The letter, sent ...
Binance Unlikely To Go Through With FTX Purchase
The Binance-FTX drama continues as the deal between the parties hangs by a thread. Yesterday, FTX announced a deal with its competitor to surrender its assets amid a “liquidity crunch.” The crypto exc...
Binance CEO shares ‘two big lessons’ after FTX’s liquidity crunch
Binance CEO Changpeng “CZ” Zhao has shared his take on “two big lessons” to be learned from the FTX saga, saying cryptocurrency firms shouldn’t use their own tokens as collateral and should also keep ...
FTT Token Price Crashes Like LUNA, Binance Coin (BNB) Holds Ground
Binance Coin (BNB) price has fallen below the $300 resistance area, while the FTX Token (FTT) price is trading close to its 2021 lows. Nov. 8 was a very eventful day for the cryptocurrency market. Ini...
Binance is Highly Unlikely to Complete FTX Rescue Deal: Report
Binance, the world’s largest crypto exchange, is reportedly ready to back out of a deal to rescue FTX only a day after announcing its buyout deal. A review of FTX’s financials has apparently led Bina...
Martin Shkreli reassures Do Kwon about life in prison as they discuss FTX and Binance
The huge changes in the crypto exchange market on Nov. 8 led to equally massive waves of commentary. The UpOnlyTV channel on Twitch was a beneficiary of this activity, with Do Kwon and Martin Shkreli ...
Binance Considering Walking Away From FTX Deal After Seeing Books
Key Takeaways Binance may abandon its deal to acquire FTX, according to reports. Yesterday’s news that Binance would acquire its most relevant competitor sent markets reeling. The idea of the de...
Binance to buy non-US operations of FTX
FTX is facing a liquidity crunch, and there is a dire need to protect customers. The venture has, therefore, sought assistance from Binance by offering it to buy the non-US operations. Reportedly, Bin...
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...
Crypto market split 50/50 on Binance FTX deal going through
Yesterday, the world’s largest crypto exchange Binance announced it’s set to buy out struggling Bahamas-based rival FTX pending due diligence. However, markets are seemingly 50/50 on the chances of th...
NEAR Protocol Integration Announced by Binance Custody: Details
Tomiwabold Olajide With Binance Custody, institutional users would be able to secure their NEAR assets NEAR Foundation has announced its integration with Binance Custody, an institutional-grade digita...
Crypto Market Sinks As Binance Acquires FTX
Crypto Price Today Latest Updates: The crypto market is facing extremely bearish conditions as the FTX crisis continues to unfold. Bitcoin prices fell by more than 8% in the last 24 hours. This brings...
Environmentally Consciousness In Crypto Is A New Know-How: Meet Big Eyes Coin Marine Life And Binance Save The World Foundations
Philip Kotler, a well-renowned economist and marketing author, once famously stated that the next generation of successful companies has to change the way of how to approaching customers dramatically....
Binance liquidates $277.05 million of longs in 24 Hours – crypto.news
As the crypto market enters the bear territory, about $832.08 million from over 389,621 traders have been liquidated in the crypto market over the past 24 hours, as seen in data extracted from Coingla...
FTX Contagion Hits Crypto Stocks Following Binance Buyout
Digital asset markets are reeling from revelations that top exchange Binance may soon gobble up its major rival FTX, causing havoc among crypto stocks. On Coinbase, bellwether crypto bitcoin fell 15% ...
SoftBank and BlackRock among FTX investors in the dark over Binance deal
Binance’s agreement to acquire FTX.com has left some of the world’s largest investors in the dark. Beleaguered FTX CEO Sam Bankman-Fried wrote to investors on Tuesday, apologizing f...
Will Binance Be the Saviour?
CZ made a dramatic move and now history could be in the making with Binance set to takeover FTX after the events of the last 24 hours. All eyes are set on Sam Bankman-Fried and his company Alameda Res...
FTX Token, BNB and Solana soar after Binance CEO inks potential deal to acquire FTX
FTX Token (FTT) and Solana’s SOL (SOL) endured a tough weekend of trading that saw altcoins take double-digit losses in the 15%–30% range, but the tide turned as news broke that Binance could be in th...
Binance wants to acquire FTX after the FTT crash
Yesterday, the price of FTX’s FTT cryptocurrency literally imploded, and Binance took advantage of the great opportunity. Indeed, within a little more than three hours, it fell from $19 to $3, a loss...
Prediction Markets Split if Binance Will Pull Out of FTX Deal; Bitcoin Drops 11%
Bitcoin was recently trading at about $18,400, a more than 11% decline over the last 24 hours. The largest cryptocurrency by market capitalization last fell below $19,000 on Oct. 21. Ether was recentl...
Binance US Asks Community Who Shiba Inu Founder Is
– Advertisement – Binance US gets curious about Shiba Inu’s (SHIB) founder. Binance US recently commenced a Twitter Poll titled “Crypto Trivia.” The poll asks the community about the real ...
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...