Binance, the world’s largest crypto exchange, is reportedly unlikely to follow through with its proposed acquisition of the non-U.S. assets of rival FTX, amid the latter’s liquidity crunch. After about Read more
Tag: Acquisitions/Mergers
Elon Musk sells Tesla stock worth nearly $4 billion following Twitter purchase
Elon Musk sold nearly $4 billion worth of Tesla Inc. stock in the past three trading sessions, launching the sale a week after closing his $44 billion acquisition of Twitter Read more
Elon Musk sold Tesla stock worth nearly $4 billion following Twitter purchase
Elon Musk sold nearly $4 billion worth of Tesla Inc. stock in the past three trading sessions, launching the sale a week after closing his $44 billion acquisition of Twitter Read more
FTX’s Sam Bankman-Fried net worth: Crypto mogul’s wealth to drop by $13 billion
Sam Bankman-Fried, crypto billionaire and chief executive at digital asset exchange FTX, could see his net worth shrink by more than $13.6 billion if Binance’s proposed acquisition of FTX is Read more
Coinbase stock plunges on news of Binance-FTX merger, which sets up ‘seismic’ change in competition
Shares of Coinbase Global Inc. tumbled in active trading Tuesday as the cryptocurrency platform faced concerns over increased competition from the Binance-FTX merger deal. The stock COIN, -12.05%, which was Read more
“People have legitimate reason to worry”: Crypto industry insiders react to Binance’s intent to acquire FTX
Industry insiders were quick to react Tuesday after news broke of a planned deal between two of the world’s largest crypto exchanges – Binance and FTX. Binance co-founder Changpeng Zhao Read more
Crypto exchange Binance to provide proof of reserves soon, says CEO
The world’s largest crypto exchange Binance will start providing proof of reserves soon, after it proposed an acquisition of the non-U.S. assets of rival exchange FTX, which faced a liquidity Read more
Binance plans to buy rival exchange FTX in deal that shakes up crypto industry
Binance, the world’s largest crypto exchange, has signed a letter of intent to acquire the non-U.S. assets of rival FTX, which faces a “significant liquidity crunch”, according to Changpeng Zhao, Read more
EU to deeper investigate Microsoft’s $75 billion deal for Activision Blizzard
The European Union’s competition watchdog said it would pursue an in-depth investigation into Microsoft Corp. MSFT, +0.28%’s planned $75 billion acquisition of Activision Blizzard Inc. ATVI, +1.49%, adding to the global scrutiny of whether the Read more
How major crypto tokens are reacting after reports of Binance’s acquisition of FTX:
Most crypto prices jumped Tuesday on news that Binance, the largest crypto exchange in the world, has signed a letter of intent to acquire rival FTX, but prices are still Read more