The chief executive of Binance said he regretted not betting against the token tied to the failed FTX cryptocurrency exchange. Changpeng Zhao, the co-founder and CEO of Binance who is Read more
Tag: Binance
Investors fear potential FTX bankruptcy spilling over to reeling crypto, stock markets
Investors are concerned that a potential bankruptcy of FTX, once the world’s third largest digital asset exchange by trading volume, will spill over to the already battered crypto and stock Read more
Binance CEO in internal memo: ‘I had very little knowledge of the internal state of things at FTX’
“‘It was less than 24 hours ago that SBF called me. And before that, I had very little knowledge of the internal state of things at FTX.’” — Changpeng Zhao, Read more
Binance confirms it’s backing out of deal to buy FTX assets
Binance, the world’s largest crypto exchange, has confirmed that it is indeed backing out of its deal to buy rival FTX’s non-U.S. assets, according to a tweet sent from the Read more
Crypto investors rattled as Binance abandons its proposed acquisition of rival FTX
Binance, the world’s largest crypto exchange, is abandoning its proposed acquisition of the non-U.S. assets of rival FTX, amid the latter’s liquidity crunch. “As a result of corporate due diligence, Read more
FTX problems mean big headaches for its private equity investors
Privately-held FTX’s pending sale to its rival Binance could suck out billions in net worth not only from FTX founder Sam Bankman-Fried’s fortune, but also a deep bench of blue Read more
Crypto investors rattled as Binance reportedly leans against completing its acquisition of rival FTX
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
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
Crypto exchange Binance says it will acquire rival FTX
Binance, the world’s largest crypto exchange, has signed a letter of intent to acquire its rival FTX, Binance’s co-founder and chief executive Changpeng Zhao tweeted Tuesday. FTX chief executive Sam Read more
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