Binance


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8 Days in November: What Led to FTX’s Sudden Collapse

Financier and influencer Sam Bankman-Fried flew exceptionally high during the pandemic-driven crypto bull market. Here’s what led to his fall, and why it matters for the industry’s future.

El ex CEO de FTX, Sam Bankman-Fried. (Danny Nelson/CoinDesk)

Finance

A Failed FTX-Binance Deal Is ‘Catastrophic’ for Crypto Sector

Binance scrapping its acquisition of rival FTX could mean institutional investors deciding to pull funds out of the crypto industry.

(Unsplash)

Finance

FTX Website Experiences Temporary Outage, Warns Users Not to Make Deposits

While the FTX US website remains operational, FTX.com is experiencing widespread outages.

Twitter Spaces: FTX – 1) What

Videos

Why Did FTX Pause Withdrawals if It Wasn't Trading Customer Funds?

A day after signing a letter of intent to buy struggling rival FTX, crypto exchange Binance seems highly unlikely to go through with the acquisition, according to a CoinDesk source. This comes after a huge wave of withdrawals drained FTX of liquidity and effectively froze the platform. Chief Insights Columnist David Z. Morris discusses the latest in the proposed Binance-FTX deal.

Recent Videos

Opinion

The Downfall of Sam Bankman-Fried’s FTX: The Industry Reacts

Tech, market and regulatory experts weigh in on a possible Binance acquisition of what was once one of crypto’s most influential exchanges.

Former FTX CEO Sam-Bankman-Fried (Danny Nelson/CoinDesk)

Videos

Bitcoin Drops to 23-Month Low; Galaxy Digital Reveals $76.8M FTX Exposure

Bitcoin (BTC) dropped to a new 23-month low as crypto traders processed the news that Binance might not buy rival FTX after all. Bloomberg reports U.S. securities and commodities regulators are probing whether FTX.com correctly managed client funds, despite statements by the ailing crypto exchange’s CEO, Sam Bankman-Fried, that all customer holdings were covered.

Recent Videos

Finance

Binance Walks Away From Deal to Acquire FTX

A spokesperson for the crypto exchange said FTX's issues "are beyond our control or ability to help."

(Danny Nelson/CoinDesk)

Finance

Why Is Crypto Tanking: The FTX-Binance Drama Explained

The world’s largest crypto exchange, Binance reversed course on a plan to bail out competitor FTX in an event that has shocked the crypto industry and is catching the attention of regulators.

The last two days have generated plenty of drama in the crypto world. (Anton Petrus/Getty Images)