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The world’s largest cryptocurrency exchange Binance will not go through with purchasing the rival crypto exchange FTX. The company noted that after due diligence and “news reports regarding mishandled customer…
According to a report from Orthogonal Credit, a delegate of Maple Finance’s lending pools, the firm decided “earlier this year” not to lend to Alameda Research, FTX’s quantitative trading firm.…
Meta, the social network company, has announced that it will cut 11,000 jobs, letting go of 13% of the employees in its workforce amidst a “cultural shift” in the company.…
Binance is having second thoughts about buying FTX.com. Backout The world’s largest crypto exchange, which announced just yesterday that it would acquire the world’s second-largest exchange, is reportedly having second...
On Nov. 9, 2022, a day after the news broke regarding Binance planning to purchase the exchange FTX, the crypto economy dropped 11.17% in 24 hours. The crypto economy has…
The U.S. Treasury has imposed new sanctions on Tornado Cash, alleging its use by the North Korean government. Tornado Cash Re-Sanctioned Ethereum’s top mixing protocol has been sanctioned once again....
According to a report shared by an FTX staff member, prior to Binance announcing it would acquire the exchange, CEO Sam Bankman-Fried explained that in 72 hours FTX saw roughly…
United States law enforcement officials announced on Monday that the U.S. Department of Justice (DOJ) seized “approximately 50,676.17” bitcoin from a Silk Road thief. The latest seizure adds to the…
The world’s largest crypto exchange has struck a deal to acquire the world’s second-largest exchange. Buyout After days of butting heads on Twitter amid rumors of financial troubles at FTX...
After all the speculation surrounding the crypto exchanges Binance and FTX, Binance CEO Changpeng Zhao (CZ) revealed that his company is set to acquire FTX. CZ detailed that FTX asked…