In an explanation on Twitter, co-founder and chief customer service of Binance exchange Yi He claimed that Binance is not in a war with FTX and has no intention of engaging in drama. Following Binanc...
Tag: FTX
FTX Stablecoin Reserves Dwindle After Binance Promises to Sell FTT
Crypto exchange FTX is rapidly losing stablecoin liquidity after Binance CEO Changpeng Zhao (CZ) announced his company’s full exit from its FTT position on Sunday. ETH withdrawals from FTX have also t...
Solana price slumps amid FTX, Binance founder fallout
The price of Solana (SOL) fell 9% amid a spat between the founders of Binance and FTX crypto exchanges, Changpeng Zhao and Sam Bankman-Fried. SolUSD chart by TradingView. Aggregate o...
Ethereum Reserves Of FTX Collapse In The Midst Of Liquidity problems
FTX seems to fall deeper into its despair pit without any anchor. The crypto exchange is facing several issues threatening the stability of the firm. First, there appears to be an ongoing war between ...
Binance is Selling Off FTT As Worries About FTX Exchange Balance Sheet Mount
Join Our Telegram channel to stay up to date on breaking news coverage The CEO of Binance, Changpeng Zhao, said that the exchange would sell all the FTT tokens held in its portfolio. Zhao said that th...
FTX On Bank Run? Data Shows 47% Drop In On-Chain Balance
The crisis surrounding FTX and its underlying token, FTT, is intensifying in the cryptocurrency community as one of the major exchanges in the world’s trading activity appears even more suspicious tha...
Crypto market sentiment could hinge on Solana and FTX’s native tokens
The price of Solana and FTT might end up being the most important data points for the trajectory of the crypto market this week, according to B2C2. In a note published Monday, the market maker ...
Binance’s CZ says he’s building, not fighting amid FTX tensions
Binance CEO Changpeng “CZ” Zhao said he’s surprised by reactions to the weekend announcement that his firm would start selling off holdings of FTX’s FTT token. “Little di...
Solana (SOL) Price At Risk With Binance FTX Token FTT Sale
Solana (SOL) News Updates After FTX Token Sale Announcement: After gaining an encouraging push with the Google partnership news, Solana (SOL) price appears back at square one now. With nearly 13% pric...
FTX CEO Accuses Competitor of False Rumors, Addressing Binance CEO
Gamza Khanzadaev Sam Bankman-Fried denies Alameda insolvency and hints that Binance is spreading false rumors The head of FTX, Sam Bankman-Fried, responded to Binance CEO Changpeng Zhao a day after ne...
Odd movements out of Solana’s Wormhole bridge may benefit FTX
Market chatter from on-chain researchers involved with Solana and Ethereum blockchains suggests that FTX might be benefiting from funds that have moved out of the Wormhole protocol within the last few...
FTX token shows signs of resilience after CZ tiff
The price of FTX’s native token FTT showed signs of resilience after a dramatic weekend for the exchange operator and its biggest rival, trading in the green earlier on Monday before declining s...
Binance vs FTX – a ‘Game of Thrones’
Binance and FTX are among the largest cryptocurrency exchanges in the crypto industry – that’s pretty much clear. And to borrow from the mythical Westeros in the HBO hit drama series ‘Game...
FTX Withdrawals Smooth Despite Massive FTT Liquidations – crypto.news
Massive liquidations of FTT tokens have occurred as a result of Binance selling its initial ownership of the token. In response to the recent events, SBF assured that withdrawals were operating normal...
Binance CEO Goes Full FUD in Attempt to Bury FTX
Two of crypto’s most powerful figures — Binance founder Changpeng Zhao and FTX CEO Sam Bankman-Fried — are locked in a rare public feud fueled by rumors and leaked documents. Over the past week, rife ...
Sam Bankman-Fried Responds to CZ, Says FTX is Fine
Sam Bankman-Fried, CEO of FTX, has come out to allay fears about the state of the crypto exchange’s finances. Bankman-Fried said the platform has excess cash and clients’ funds are safe while also cal...
“Ethereum Killer” Solana’s Top Spot Threatened by FTX Drama and Emergence of Strong Opponent
Gamza Khanzadaev Solana risks getting hurt by Binance; FTX drama and losing its place at top SOL, which is the 10th largest cryptocurrency by market capitalization according to CoinMarketCap, could lo...
SBF Responds To FTX Insolvency Concerns Says “FTX Is Fine”
– Advertisement – Sam Bankman-Fried (SBF) says, “FTX is fine.” In a Twitter thread moments ago, FTX chief Sam Bankman-Fried came out to counter FTX-related insolvency claims saying the exc...
Binance and FTX Face Off—But Which Crypto Exchange Will Come Out On Top?
Key Takeaways Binance founder and CEO Changpeng “CZ” Zhao revealed Sunday his company would liquidate its exposure to FTX’s FTT token. Zhao’s move may be influenced by revelati...
Analyzing the Bank Run on FTX
November 7, 2022, 11:13AM EST • 4 min read Quick Take Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion. This issue of Rapid Insights summarizes the latest d...
SBF says ‘FTX is fine. Assets are fine’ with over $1B in excess cash amid rumors of liquidity crunch
FTX CEO Sam ‘SBF’ Bankman-Fried has taken to Twitter to call out a “competitor” for “trying to go after us” and reassured the industry that despite the attempt, “FTX is fine. Assets are fine.” 2) FTX ...
SBF of FTX hands the olive branch to CZ of…
Sam Bankman-Fried has tweeted that he would love it if he and CZ could “work together for the ecosystem”. The SBF cryptocurrency empire is on the ropes right now amid allegations that it is mostly bui...
Billions Withdrawn From FTX, Nodes Hit Capacity, CZ Announces Divorce – Trustnodes
“Get your funds out of FTX. This is financial advice,” so says Ran Neuner, who describes himself as a “CNBC Crypto Trader.” This bold statement follows the leak of FTX’s Q3 earnings, an exchange that ...
FTX SBF Slams Binance For Spreading False Rumors
Sam Bankman-Fried (SBF), CEO of FTX has come forward to clear the air over the allegations spread by the CZ, Binance. However, due to this clash between the crypto exchange chiefs the global digital m...
Users Flee FTX? Exchange Sees 47% Drop In On-Chain Balance
The crypto industry is witnessing a new war between exchange giants FTX, led by Sam Bankman-Fried, and Binance-led Changpeng “CZ” Zhao. Over the past week, rumors emerged about the former exchange bec...
How the battle between Binance and FTX went from bad to worse
Sam Bankman-Fried’s (SBF) crypto empire was rattled yesterday when Binance began selling off its 23 million FTT tokens, worth more than $500 million. In a statement made shortly after the transaction,...
Binance, FTX spat tanks Solana price
Over the reporting period, the cryptocurrency market cap saw net outflows of $2.4 billion to $1,028.2 billion from $1,030.6 billion as of press time — down 0.2%. Since Nov. 4, Bitcoin’s market cap has...
Binance is not in ‘a war’ with FTX, co-founder Yi He says
Yi He, the co-founder and chief customer service officer at crypto exchange Binance, has claimed that the company is not in “a war” with rival exchange FTX. “Recently, the Port...
Solana Plunges 12% – Is FTX Selling Its SOL To Defend FTT?
Amidst the turmoil surrounding crypto exchange FTX, there is currently one big loser, Solana (SOL). While the FTT token is at the center of discussions for many market observers after Binance CEO Chan...
Bankman-Fried says ‘FTX is fine’ even as FTT price falls
FTX token (FTT/USD) price is falling again, down nearly 4% at the time of writing on Monday morning, as selling pressure remained amid “rumours” about the crypto exchange FTX. Reported delays in custo...
‘FTX is fine,’ Bankman-Fried insists as he appeals for Binance to work together
FTX CEO Sam Bankman-Fried insisted his crypto exchange is “fine” after rival Binance announced it would start selling its holdings of FTX’s FTT token. “A competitor is t...