Binance is Highly Unlikely to Complete FTX Rescue Deal: Report
Binance, the world’s largest crypto exchange, is reportedly ready to back out of a deal to rescue FTX only a day after announcing its buyout deal. A review of FTX’s…
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Stablecoin Giants Tether, Circle Disclose Financial Relationship With FTX, Alameda
Amid the chaotic meltdown, asset movement from Circle to FTX surfaced. It was also reported that Alameda could be the second-largest issuer of Tether. CEO of USDC issuer, Jeremy Allaire,…
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…
From Tom Brady and Steph Curry to BlackRock – Some of the FTX Investors and Partners
From SBF rescuing insolvent crypto companies left and right just months earlier to his empire in a near-doom state needing a bailout, there appears no light at the end of…
Crypto Markets Bleed $130 Billion in 12 Hours as Contagion Continues
In one of the largest and fastest market crashes of the year, $132 billion has been wiped out of crypto assets. What is more remarkable is that this has happened…
Why Coinbase Won’t End Up Like FTX: Brian Armstrong
Coinbase CEO Brian Armstrong argued on Tuesday that his exchange isn’t vulnerable to the sort of fallout suffered by FTX this week. He said the “event” surrounding FTX appears to…
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…
$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…
SBF Breaks Silence, Confirms Binance Will Acquire FTX
Amid massive uncertainty surrounding FTX and its ability to process withdrawals, the exchange’s CEO Sam Bankman-Fried (SBF) has announced that the company is being sold to Binance. Binance CEO Changpeng…
Market in Shambles as FTX Withdrawal Uncertainty Runs Rampant
Crypto markets are retracing in the wake of looming uncertainty about the state of FTX’s financials. Reports are mixed about whether the exchange is able to process withdrawals, with some…
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