Amid speculations over the financials of Alameda Research, Binance chief Changpeng Zhao decided to liquidate his remaining holding of FTX tokens leading to a strong price correction. Last week, CoinDe...
Tag: FTX
FTX stablecoin withdrawals surge amid liquidation claims
FTX crypto exchange has recorded a surge in stablecoin withdrawals amid crowing unsubstantiated fears surrounding the exchange’s financial status. According to Nansen data, more than $451 million in s...
FTX addresses user withdrawal complaints amid major token movement
Cryptocurrency exchange FTX took to Twitter to address user complaints surrounding sluggish withdrawals. FTX assured users that everything is running smoothly with the matching engine, although node t...
FTX weekly stablecoin outflows surge as Binance piles on the pressure
FTX has recorded a surge in stablecoin outflows amid growing, unsubstantiated fears surrounding the crypto exchange’s financials. In the last seven days, more than $451 million in stableco...
71 Million XRP Moved by Whales to FTX in Flurry of Exchange Transfers
According to crypto data tracker WhaleAlert, over 71 million XRP flowed to the FTX exchange in recent hours. The move was done in two transactions: the first was 35,774,039 XRP worth $16,631,186, and ...
FTX stablecoin reserves plunge as community fears bankrun
The crypto community fears FTX might cause another Terra-like crash after the stablecoin reserves on the exchange fell significantly over the last 24 hours. FTX stablecoin outflow leads other exchange...
Binance downloads the FTX crypto
Yesterday, the co-founder and CEO of Binance, Changpeng CZ Zhao, publicly stated that he intends to get rid of the crypto of FTX in his portfolio. Liquidating our FTT is just post-exit risk managemen...
War Between Binance And FTX Heats Up
Let’s get ready to rumble. The war between two of the biggest bosses in crypto space, Binance CEO Changpeng Zhao and FTX CEO Sam Bankman-Fried (SBF) seems to be just picking up steam and is currently ...
FTX Clarifies Difficulty In Bitcoin Transactions Amid FTX-Binance War
Crypto exchange FTX’s founder Sam-Bankman Fried earlier ensured users that deposits and withdrawals are working fine, clarifying rumors surrounding illiquidity. As users faced difficulty removing thei...
FTX Token price risks 30% plunge as a 23M FTT ‘part’ moves to Binance
An ongoing selloff in the FTX Token (FTT) market could worsen in the coming months owing to a mix of pessimistic technical and fundamental indicators. FTT could plunge 30% From a technical perspective...
FTT Drops 10% After Binance Dumps Its Entire Stash of 23 Million FTX Tokens
In a quick-paced turn of events over the weekend, Binance CEO Changpeng Zhao announced that his company would liquidate all FTT holdings given the “recent revelations.” The statement made FTT price ta...
Here’s What’s Happening with FTX and Why It Is Selling Millions Worth of Stablecoins
Arman Shirinyan FTX and Binance drama may cause some serious issues on already problematic crypto market Contents It begins with Binance Massive outflows and self bailout The drama around FTX and its ...
Binance Aims to Sell All of Its FTX Holdings, SBF Remains Silent
15 mins ago | 2 mins read Exchange News Binance CEO CZ decided to sell off all FTX’s FTT tokens. Binance holds around 23 million FTX tokens. Binance world’s largest cryptocurrency exchange by daily tr...
Binance Plans To Liquidate Its FTX Holdings, FTT Price Drops 5%
While most of the cryptocurrencies are enjoying a bull run for more than a week, FTX’s native token, FTT, was hit with severe volatility after Binance’s recent move. On Nov 6, Binance CEO Changpeng Zh...
Is it time to withdraw funds from FTX?
In May 2022, Terra Luna crashed enormously and took over 2 billion dollars from the market. That shakes the whole crypto market, to date the effects of that crash are roaming in the crypto market. Now...
Billionaire Changpeng Zhao’s Binance To Offload All Remaining FTT Tokens Of Sam Bankman-Fried’s FTX
Sam Bankman-Fried (left), founder and CEO of FTX, and Changpeng Zhao, cofounder and CEO of Binance. Bloomberg Changpeng Zhao, the billionaire cofounder and CEO of Binance, said on Sunday that his cryp...
Why Binance is Liquidating FTX Tokens?
Crypto Live News Recently, the CEO of Binance, Changpeng Zhao, said on Twitter that the business had made the decision to sell all of its FTX (FTT) tokens as a result of “recent disclosures that came ...
FTX Chief SBF said That All Withdrawals on the Platform Are Fine
On Sunday, November 6, Binance chief Changpeng Zhao announced that the exchange would be dumping all FTX tokens (FTT). Binance took an exit from FTX equity last year as a result of which it received $...
Binance Will Liquidate All of Its FTX Token Holdings – crypto.news
Changpeng “CZ” Zhao, the CEO of Binance, announced on Sunday that his trading platform is selling its ownership of FTT, a competitor platform of FTX’s native asset. Zhao made mention of ‘new revelatio...
FTX Crisis Sinks Crypto Market, Bitcoin Falls
Crypto Price Today Latest Updates: The crypto price is struggling today as sentiments grow more negative. The FTX crisis and the resulting withdrawal are causing a massive selloff in the crypto market...
Binance to liquidate its entire FTX Token holdings after ‘recent revelations’
The CEO of cryptocurrency exchange Binance, Changpeng “CZ” Zhao, said his company will liquidate the entirety of its position in FTX Token (FTT), the native token of competing exchange FTX. In a Nov. ...
Binance Reveals FTX FTT Token Liquidation Intentions, Raising Insolvency Concerns
Binance founder Changpeng ‘CZ’ Zhao said on Sunday that the exchange is liquidating its position in the FTT token of its rival exchange, FTX. Changpeng Zhao said Binance was making the decision based...
Crypto Exchange Binance Dumping All FTX Tokens on Its Books — CEO Cites ‘Recent Revelations’ – Altcoins Bitcoin News
Binance is dumping all of its FTX token (FTT) holdings “Due to recent revelations that have come to light,” CEO Changpeng Zhao has confirmed. “Regarding any speculation as to whether this is a move ag...
Can FTX and Alameda Be The Next Big Crypto Insolvency?
The crypto winter resulted in a liquidity crisis for some major crypto firms. Companies such as Three Arrow Capitals, Celsius, and Voyager suffered massive hits during the crypto market. The Crypto co...
Billionaire Sam Bankman-Fried Explains Why Crypto Exchange FTX Passed on Funding Twitter Acquisition
The chief executive of FTX is revealing why the crypto exchange passed on funding Elon Musk’s acquisition of social media giant Twitter. FTX CEO Sam Bankman-Fried tells his 793,500 Twitter followers t...
Crypto.com, Binance, and FTX November 2022 Crypto Offers – crypto.news
Currently, Crypto.com, Binance, and FTX have November offers that their customers can participate in to earn crypto rewards, giveaways, and free crypto. Summary of Crypto Offers for November 2022 Plat...
FTX CEO SBF Responds As Binance Dumps FTX Token
FTX CEO Sam Bankman-Fried has finally responded to Binance dumping its FTT (FTX) holdings. SBF has chosen the peaceful route in his war with Binance CEO Changpeng “CZ” Zhou. Instead of addressing the ...
FTX CEO Third in Top Donors For 2022 U.S Midterm Elections
Exchange News FTX is third only to a George Soros-owned corporation and a firm called Uline. The efforts may pay off in the form of improved regulation for the cryptocurrency industry. Sam Bankman-Fri...
Alameda CEO Caroline Ellison says leaked balance sheet misses full story
Alameda Research CEO Caroline Ellison said Sunday that leaked information about the firm’s balance sheet only tells part of the story. On Nov. 2, CoinDesk reported that a leaked balance sh...
Binance Is Selling All FTX (FTT) Tokens. Here’s Why
Alex Dovbnya Binance CEO Changpeng Zhao has confirmed rumors about the company’s decision to liquidate its FTT holdings amid speculation about Alameda’s financial health Binance CEO Changpeng Zhao rec...
Fears of Terra Luna style collapse of FTX native token FTT as Binance liquidate its holdings
FTX’s native token FTT has experienced a volatile weekend as Binance began liquidating its tokens due to “recent revelations that have came [sic] to light,” according to Binance CEO CZ. The FTT token ...
Breaking: Binance To Dump FTX (FTT) Token Holdings
Binance CEO CZ announced today that Binance will liquidate any remaining FTX (FTT) token holdings. Binance already took an exit from FTX equity last year. Reportedly, $584 Million worth of FTT token w...