The crypto world is silently watching the fall of a crypto empire: FTX. This crypto exchange was once known to be the second-best in the world, helping other crypto projects out of the dust. Today, th...
Tag: Binance
FTX implosion has U.S. regulators on watch
U.S. regulators are monitoring the implosion of crypto exchange giant FTX, which announced earlier today that it is selling FTX.com to rival exchange Binance. The Commodity Futures Trading Commi...
Binance CEO Says Crypto Industry Can Learn Two Big Lessons From Collapse of FTX
The CEO of crypto exchange giant Binance says the nascent industry has much to learn from the collapse of the embattled exchange FTX. Hours ago, Changpeng Zhao announced that Binance intends to acquir...
SBF Breaks Silence, Confirms Binance Will Acquire FTX
Amid massive uncertainty surrounding FTX and its ability to process withdrawals, the exchange’s CEO Sam Bankman-Fried (SBF) has announced that the company is being sold to Binance. Binance CEO Changp...
Binance To Buy FTX, CEO CZ Wins Crypto Exchange War?
The crypto exchange wars were short-lived; Binance and its CEO Changpeng “CZ” Zhao emerged victorious after a couple of days of uncertainty, carnage, and unexpected announcements. Via his Twitter acco...
FTX Capitulates and Agrees to Sell to Binance Following the Liquidity Crunch that Rocked the Exchange ⋆ ZyCrypto
Advertisement     Binance has agreed to purchase FTX after days of uncertainty over the financial status of the company. The deal is a non-binding one that allows Bina...
BNB Sets All-Time High Against Bitcoin As Binance Buys FTX
The native token of crypto exchange Binance — Binance Coin (BNB) — has set a fresh all-time high against bitcoin since word of Binance’s unexpected FTX buyout broke on Tuesday. BNB hit 0.0197 BTC ($3...
FTT Token dropped by more than 35% after Binance CEO Changpeng Zhao’s Action
The FTT Token price is leaving no possibility open as it drops like dead wood in the sky. Since the weekend, the token has been deeply involved in a rhetorical war of words between two crypto biggies:...
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 moves to acquire FTX after cryptoworld spat boils over
Binance is pulling rank in the role of crypto consolidator in chief amid public tensions with rival FTX. “This afternoon, FTX asked for our help. There is a significant liquidity crunch,” ...
Crypto lender BlockFi says products are ‘fully functional’ in wake of Binance, FTX deal
Crypto lending firm BlockFi says all of its products are “fully functional” following Binance’s announcement that it plans to acquire crypto firm FTX. FTX, which had been navi...
$80 Billion Wiped Off Crypto Market As Binance And FTX Wage War
The crypto market has seen more than $50 billion wiped off its total market cap in the space of 24 hours. It comes hot on the heels of the market decline triggered by Binance’s massive planned FTT dum...
Binance Spot Vol Dominance On Peak Amid Clash With FTX
The recent heated clash between Binance‘s Chief, Changpeng Zhao (CZ) and FTX CEO, Sam Bankman-Fried (SBF) has led to increased volatility in the digital asset market. However, both crypto exchange chi...
Crypto markets initially buoyed by Binance’s deal to buy FTX
Crypto prices popped following the announcement of Binance’s blockbuster deal to acquire rival FTX.com. FTX’s FTT token jumped 38% to almost $20 at 11:12 a.m. The price of the nativ...
FTX Agrees to Sell Itself to Rival Binance Amid Liquidity Scare at Crypto Exchange
The situation worsened early Tuesday as FTX customers struggled to withdraw money from FTX. Dozens of customers complained in FTX’s Telegram group and on Twitter about difficulties they experienced. I...
The Long-term Impact of the Binance FTX Feud
The psychological tango between the heads of Binance and FTX could have a longer-term impact beyond the price drop of the latter exchange’s native token. Industry participants chimed in before news ca...
Binance intends to fully acquire FTX
Sam Bankman-Fried, the founder and CEO of FTX and Alameda Research, confirmed the acquisition, saying that Binance has become the first and last investor in FTX. FTX has come to an “agreement on a st...
Binance To Acquire FTX In Emergency Bailout
Key Takeaways After days of swirling rumors about a liquidity crisis at FTX, Binance has stepped in at the last minute to acquire the company and save it from collapse. This comes as FTX’s own t...
Solana, FTT Bounce Hard on Binance Buyout, Then Crash Harder
Sam Bankman-Fried’s Twitter account has posted a thread claiming that Binance has bought FTX, the exchange that he had built into a global crypto titan. FTX’s native token, FTT, is soaring following d...
Binance steps in to buy FTX.com after token collapse
Binance is acquiring FTX.com following the collapse of its native exchange token FTT. FTX founder Sam Bankman-Fried, who’d been silent as questions swirled about the fate of the exchange, ...
SBF says FTX is ‘in the best of hands’ after Binance news
FTX founder Sam Bankman-Fried has said the cryptocurrency exchange is “in the best of hands”, hours after announcing a deal for its acquisition by competitor Binance. The breaking crypto news today th...
Cramer: This FTX vs Binance issue is extremely concerning for crypto
CNBC’s ‘Mad Money’ host Jim Cramer, has added his voice to cryptocurrency’s hottest topic today by noting that the fued issue around Binance and FTX crypto exchanges is “extremely concerning. Cramer s...
CZ Says Binance Intends to ‘Fully Acquire FTX,’ Sam Bankman-Fried Confirms Transaction – Bitcoin News
After all the speculation surrounding the crypto exchanges Binance and FTX, Binance CEO Changpeng Zhao (CZ) revealed that his company is set to acquire FTX. CZ detailed that FTX asked for help and not...
Binance will acquire FTX to help with ‘liquidity crunch’
Listen to this article. Binance and FTX have just announced that, pending due diligence, Binance will be acquiring FTX in order to help with a “liquidity crunch”. Neither FTX nor Binance have provided...
Markets Stunned on FTX and Binance – Trustnodes
A fast jump in bitcoin was followed by most of the gains being erased. Likewise, a spike in FTT has FTX’s token down to the same levels as prior to the astonishing announcement that Binance had signed...
Binance to Acquire FTX Global Amid Broader Market FUD
Binance CEO, Changpeng Zhao has just made a revelation that it is looking at acquiring FTX Global, based on a prompting from the exchange for liquidity bailout. FTX Derivatives Exchange is making the ...
Breaking: Binance to acquire FTX
The headline says it all. Stunningly, the world’s largest cryptocurrency exchange, Binance, is set to acquire the world’s second largest cryptocurrency exchange, FTX. While details are sca...
Bitcoin and Crypto Markets Pop As Binance Announces Plan to Acquire FTX
Bitcoin and the overall crypto markets are in the middle of an abrupt reversal as two of the world’s largest crypto exchanges announce a deal that’s sending shockwaves through the industry. Following ...
MiCA legislation good news for crypto players — Binance Europe VP
Smaller cryptocurrency exchanges and start-ups could benefit from the European Union’s Markets in Crypto-assets (MiCA) regulation, according to Martin Bruncko, Binance’s executive vice president of Eu...
FTX, Binance Deal Draws Antitrust Concern
In the U.S., antitrust laws such as the Sherman Act outlaw direct competitors from acting to protect each other. CZ said that he had stepped in to protect users after FTX, faced with a “significant li...
Binance Triggers Liquidity Crisis, Then Acquires Bankman-Fried’s FTX
Sam Bankman-Fried’s Twitter account has posted a thread claiming that Binance has agreed a deal to buy FTX, the exchange that he had built into a global crypto titan. The native token of Sam Bankman-F...