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
Tag: crypto
“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
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
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
Tensions rise between crypto exchanges Binance and FTX. What it means for the market.
Some investors are concerned that tensions between major crypto exchanges Binance and FTX could weigh on the digital asset market, which has already suffered from price mayhem this year. Binance Read more
LBRY loss against SEC threatens to make ether a security, crypto boosters fear
A federal judge ruled Monday that video-hosting platform LBRY Inc. illegally sold its native token to U.S. investors, in a win for the Securities and Exchange Commission that could pave Read more
Fidelity launches waitlist to offer crypto trading to retail investors and why aren’t more financial products meeting the needs of Latinos in the U.S.?
Hi, MarketWatchers. Don’t miss these top stories. Fidelity launches waitlist to offer crypto trading to retail investors Fidelity Crypto has opened up an early access waitlist for retail investors who Read more
Why U.S. midterm election matters to crypto, and how
Hello, welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. I’ll walk you through the latest and Read more