(Bloomberg) — Mining giant Rio Tinto Group is finding that its long-awaited return to cutting a major deal without the brash spending of its past is proving a challenge. Most Read from Bloomberg...
Tag: Deal
Mercedes suspends sponsorship deal with FTX – crypto.news
Luxury automobile brand Mercedes has suspended its partnership with FTX; removes logos from F1 cars. Mercedes suspends deal with FTX World-class German car company Mercedes has suspended its Formula 1...
Elon Musk Says He Had a Conversation With FTX’s SBF on the Twitter Deal
Elon Musk recently said that he had a conversation with Sam Bankman-Fried before the Twitter deal. He also shared some predictions going forward. The world’s richest man recently joined a discussion o...
We May See a Breakout in CHPT Stock Following The Nikola Deal
ChargePoint partners with Nikola Corporation to improve structure for commercial EVs. World is constantly seeing rising demands in electric vehicles. CHPT stock was changing hands at $12.5 at the time...
Can The New Deal Puts a Positive Impact on MULN Stock Price?
Mullen Automotive have given distributor rights to Newgate Motor Group. The company started as a luxury car manufacturer. MULN stock was changing hands at $0.33 at the time of writing. Mullen Automoti...
CZ on Why The FTX Deal Fell Through
FTX has lost several potential rescuers after shady details of the internal workings continue to emerge. The biggest setback was Binance pulling out of the deal. But according to the crypto giant’s CE...
Binance Throws In The Towel on FTX deal
Join Our Telegram channel to stay up to date on breaking news coverage Binance, the world’s largest exchange by trading volumes, has announced that it will not continue with earlier plans to acquire F...
Miami-Dade Hints Legal Action on FTX Arena Deal
11 mins ago | 2 mins read Exchange News Miami-Dade county will investigate all FTX legal remedies. Officials from Miami-Dade who negotiated the 19-year deal, hinted a legal action. Miami-Dade, the cou...
Binance Likely to Ditch FTX Deal: WSJ Report
Alex Dovbnya Binance has reportedly discovered a huge hole in FTX’s finances, according to a recent report by the Wall Street Journal According to a Wednesday report published by the Wall Street Journ...
FTX’s Deal With Tron Allows Users To Swap Assets
Sam Bankman-Fried led cryptocurrency exchange FTX announced that it had reached an agreement with Justin Sun’s Tron. The agreement allows holders of select assets, such as TRX, to swap them from the F...
TRX’s USD Exchange Rate Jumps 270% Higher on FTX After Exchange Brokers Deal With Tron – Markets and Prices Bitcoin News
On Thursday, at approximately 12:48 p.m. (ET), the embattled exchange FTX revealed that it has created a special facility with Tron. The deal allows holders of specific Tron-based coins to withdraw th...
Binance Coin Price Prediction – BNB to $1000 Now CZ Backs out FTX Deal?
Join Our Telegram channel to stay up to date on breaking news coverage This has been a very turbulent week for the crypto universe, with so many developments adding new dimensions to this sector. It a...
Voyager has no assets on FTX, says deal not done
Bankrupt crypto lender Voyager has not transferred any crypto or assets to FTX, Voyager’s Official Committee of Unsecured Creditors tweeted. Voyager’s planned deal to sell its assets...
Tron, FTX broker deal for customers to withdraw certain tokens
A deal brokered between Tron and FTX will soon facilitate withdrawals on the struggling exchange. On FTX, 1:1 withdrawals for digital assets including TRX, BTT, JST, SUN, and HT tokens will be e...
Juul strikes financing deal, plans to cut 30% of jobs to dodge bankruptcy
Packages of Juul e-cigarettes are displayed for sale in the Brazil Outlet shop on June 22, 2022 in Los Angeles, California. Mario Tama | Getty Images Juul Labs said Thursday it secured financing from ...
What next for FTX CEO after Binance deal now off…
Sam Bankman-Fried, the CEO of FTX, is looking at all his options now that Binance has pulled out of the deal to buy the stricken crypto exchange. A proposed deal between CZ’s Binance and Sam Bankman-F...
FTX’s Binance rescue deal falls apart in less than 48 hours
On Nov. 9, less than 48 hours after Binance CEO Changpeng “CZ” Zhao announced his intention to bail out troubled competitor FTX, Binance stated that it would not be pursuing the deal. A series of twee...
Binance Backs Out of FTX Deal Following Due Diligence
The world’s largest cryptocurrency exchange Binance announced on Wednesday it has pulled out from its agreement to acquire rival exchange FTX citing due diligence and “news reports regarding mishandle...
In staff letter, Binance CEO embraces scrutiny from regulators amid potential FTX deal
Changpeng “CZ” Zhao, the CEO of crypto exchange Binance, warned users its intention to acquire FTX may invite scrutiny from global regulators — but the firm is ready. In a letter to Binance staff twee...
Crypto Stocks Continue Drop as Binance Walks Away from FTX Deal
Shares of tech firm MicroStrategy (MSTR, which holds about 130,000 bitcoins, fell 20% Wednesday. Crypto exchange Coinbase (COIN) dropped 9.5%. Crypto-focused bank Silvergate (SI) declined 12%, while f...
A Failed FTX-Binance Deal Is ‘Catastrophic’ for Crypto Sector
However, it may not be a total exodus for institutional investors as they already have a large presence into the sector. “Whatever the outcome is, I don’t think it will lead to institutional investors...
Binance walks away from FTX deal, citing ‘mishandled customer funds,’ regulatory scrutiny
Binance has announced that it will not pursue its option to purchase FTX because of its due diligence and reports that a US agency was investigating the exchange over its handling of customers’ funds....
Binance Pulls Out OF FTX Deal, Bitcoin Crashes Below $16,000
Crypto exchange Binance is officially out of the FTX agreement. According to an official statement, the company won’t purchase its competitor. Via its official Twitter handle, Binance claims that regu...
Bankman-Fried tells FTX top priority is fundraising after failed Binance deal
FTX CEO Sam Bankman-Fried hasn’t given up yet. A day after rival Binance walked away from making a deal with troubled crypto exchange FTX, Bankman-Fried is once again looking to raise mone...
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...
FTX Legal Department Jumps Ship, Binance Deal Fizzles Out
The FTX drama continues as the deal with its competitor Binance falls apart. According to several reports, employees at the platform are fleeing amid growing concerns about a massive $6 billion hole o...
Binance Acquiring FTX Takes U-Turn ! Why CZ Backout From The Deal ?
Binance is reportedly not likely to proceed with the FTX deal, according to persons close to the companies. While due diligence was part of the non-binding acquisition agreement, Binance is reportedly...
Binance Bails Out From FTX Takeover Deal
Binance has announced that it will “not pursue the potential acquisition of FTX.” Binance on Twitter announced the crypto exchange would end the acquisition plans because, among other reas...
Binance-FTX Deal Will Bring Regulatory ‘Scrutiny’ on Crypto Exchanges: Blockchain Association’s Kristin Smith
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Bitcoin Price Tanks Below $16K As Binance Pulls FTX Deal
Crypto and stocks extended their declines Wednesday as investors kept their eyes peeled for pending midterm election results and updates regarding apparently canceled plans for Binance to purchase FTX...
TAMA Is a Good Deal, Buy It
Join Our Telegram channel to stay up to date on breaking news coverage The $0.025 support level still holds strong and it prevents the Tamadoge bear market to go beyond the price level. In the past ...
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....