FTX’s seems to be a real soap opera, and Binance is exploiting the moment of market chaos to secure more market share. After the declaration of bankruptcy, and the resignation of Sam Bankman-Fried (S...
Tag: BinanceFTX
Binance-FTX deal reportedly scrapped without FTX.US on table; legal, compliance teams quit
The Binance-FTX deal appears to be off as a source with knowledge of the matter and text conversations reviewed by Blockworks indicated that Binance won’t acquire FTX unless FTX.US is included. The so...
Binance-FTX Deal Will Bring Regulatory ‘Scrutiny’ on Crypto Exchanges: Blockchain Association’s Kristin Smith
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Coinbase Drops 10% On Binance-FTX Contagion, Says No Exposure To FTT
Coinbase allayed fears of its clients in the face of worries that it might have been affected by a development that made the crypto space lose all of its gains since it rallied back in October 25. On ...
CZ Shares the Two Big Lessons From the Binance-FTX Saga
Changpeng Zhao – the CEO of the world’s leading cryptocurrency exchange Binance – outlined two vital lessons following the saga between his company and FTX. In his view, crypto exchanges should not us...
Was This an Attempt to Link LUNA’s Collapse to FTT To Complete the Planned Binance-FTX Deal?
FTX Token (FTT) price witnessed a gigantic drop of nearly 85% in the past trading day, slashing the price from above $25 to as low as $2.5. The huge drop was led primarily due to the rounds of the exc...
Binance/FTX Deal Sends Bitcoin, Other Cryptos Spiraling
In the immediate aftermath of the announced deal, they sent bitcoin’s price tumbling well below $20,000, its support of the last two weeks. Hours later, prices were bounding above the threshold. But b...
$640 Million Liquidated Amid Binance-FTX Fiasco, FTT Drops Below $10
Over $640 million in trades have been liquidated from crypto markets in the aftermath of FTX’s drama with Binance. Markets experienced a brief rally after Binance announced its intention to buy FTX, b...
Crypto Markets Lost $70B Amid Binance-FTX Drama (Market Watch)
After several days of trading above the coveted $20,000 line, bitcoin took a turn for the worse and dropped below that level. Most altcoins are also well in the red, led by FTT’s massive double-digit ...