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Binance Proof-of-Reserve pledge gains support following FTX crisis

The call for a more detailed disclosure of liquidity through the use of "Proof-of-Reserves" has been backed by many high-profile industry figures.

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Report: FTX CEO Told Staff Crypto Exchange ‘Effectively Paused’ Withdrawals

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…

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FTX Token, BNB and Solana soar after Binance CEO inks potential deal to acquire FTX

SOL and FTX Token saw a sharp rebound after headlines that Binance would acquire FTX due to liquidity issues, but will the upside last?

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CZ Says Binance Intends to ‘Fully Acquire FTX,’ Sam Bankman-Fried Confirms Transaction

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…

Continue ReadingCZ Says Binance Intends to ‘Fully Acquire FTX,’ Sam Bankman-Fried Confirms Transaction