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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…
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…
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…
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…
BitDAO may terminate its token swap and hold agreement with quant crypto trading firm Alameda Research. This follows fears that Alameda may have dumped 100 million BIT tokens. BitDAO has…
Despite the rally during the past couple of weeks, the cryptocurrency took a beating today. Bitcoin’s price plunged by more than 5%, dropping $20K. The total liquidations on a 24-hour…
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…
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…
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…
The CEO of the popular exchange asserted in a recent interview that the firm is working on launching its own stablecoin. He also confirmed previous reports that FTX is looking…