Golden State Warriors Pause FTX Relationship
One of the most successful NBA teams – Golden State Warriors – reportedly paused all marketing endeavors related to the distressed crypto exchange FTX. The latter filed for bankruptcy last…
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Bitcoin Tests $17K as Crypto Markets Add $40B on Musk and Binance Tweets (Market Watch)
The past 24 hours have been quite dynamic in terms of pricing on the cryptocurrency market. Bitcoin dropped below $16K, only to soar back toward $17K later, followed by the…
Binance CZ: FTX Demise is Crypto’s 2008 Financial Crisis
Changpeng Zhao (CZ), CEO of the world’s largest cryptocurrency exchange Binance, has expressed his belief in the ability of the crypto market to heal itself once the full impact of…
The Dont Have Anything We Dont Have: 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…
El Salvador Does Not Hold Any BTC on FTX, Said Changpeng Zhao
The President of El Salvador – Nayib Bukele – reportedly dismissed the arising rumors that his country holds its bitcoin stash on the battered cryptocurrency exchange FTX. The information was…
FTX Reportedly Sent $4B to Alameda, Got Close to Losing Gibraltar License Because of Binance in 2021
FTX had reportedly reached out to several other large exchanges, including Coinbase and OKX, but was turned down. Its finances were one of the factors after the reviewal of which,…
Binance Tops up Its Insurance Fund to $1 Billion Following FTX Crash
Binance’s CEO said the world’s largest cryptocurrency exchange increased its Secure Asset Fund for Users (SAFU) to $1 billion again. This comes as a result of the recent market plunge,…
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…
Binance Will Stay in the Free Market, Says CZ After Rejecting Alameda’s Offer
Fears of a Terra-style debacle have seeped into the crypto market as the Binance-FTX drama continues. Binance CEO CZ made headlines by announcing plans to liquidate entire FTT holdings gradually…
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…