Binance


Finance

Binance Is Strongly Leaning Toward Scrapping FTX Rescue Takeover After First Glance at Books: Source

Backing out would be one more stunning development in the collapse of Sam Bankman-Fried’s crypto empire.

Sam Bankman-Fried vs. CZ (CoinDesk)

Finance

Binance CEO Zhao Says Planned FTX Acquisition Is Not a 'Win for Us'

Zhao also noted in a Wednesday memo to staff that Binance had stopped selling its holdings of FTX's tokens given the ongoing due diligence for the deal.

Binance CEO and founder Changpeng Zhao (Antonio Masiello/Getty Images)

Finance

Bernstein: Binance-FTX Deal May Attract Antitrust Regulators’ Attention

The combined company would have a more than 80% share of the global crypto market, a report from the firm said.

European antitrust regulators may be interested in Binance's proposed acquisition of FTX. (Shutterstock)

Finance

Crypto Exchanges Scramble to Compile 'Proof of Reserves' as FTX Contagion Grips Markets

Nine prominent exchanges said they will publish proof-of-their-reserve holdings in the next month.

Anchorage Digital will be Apollo's crypto custodian. (Jason Dent/Unsplash)

Finance

Binance Tops Up Emergency Insurance Fund 'SAFU' to $1B After BNB Volatility

Binance token-related addresses were topped up with over $700 million in different tokens, while a bitcoin address was funded with $300 million.

Changpeng Zhao ,CEO of Binance, at Consensus Singapore 2018 (CoinDesk)

Markets

First Mover Asia: Prediction Markets Split if Binance Will Pull Out of FTX Deal; Bitcoin Drops 11%

Investors on Polymarket think there’s a 45% chance that Binance will pull out of the FTX deal and a 55% chance the deal goes through.

Founder and CEO of Binance, Changpeng Zhao, at a Rome appearance in 2022. (Antonio Masiello/Getty Images)

Markets

These Four Key Charts Shed Light on the FTX Exchange's Spectacular Collapse

Nansen’s on-chain metrics suggest several reasons why FTX decided to sell itself to Binance.

Obra de IA sobre el colapso. (DALL-E/CoinDesk)

Finance

FTX Exchange Halts All Crypto Withdrawals

Customer withdrawals that were previously processing but backlogged have been halted altogether, according to an announcement in the FTX Support Telegram group.

Former CEO of FTX Sam Bankman-Fried (Alex Wong/Getty Images)

Markets

FTX Token Falls 80% Despite Binance Bailout as Alameda Contagion Spreads to Bitcoin

FTT token's crash theoretically could wipe out billions from Alameda's balance sheet, deepening its financial woes, according to an analyst. Bitcoin fell to a 23-month low.

FTX's exchange token dropped to as low as $4 from $22 less than a day ago. (CoinDesk)

Finance

Coinbase Says No Exposure to FTT Token and Alameda, Minor Deposits at FTX

The publicly traded crypto exchange sought to reassure customers and investors during panicky conditions on Tuesday.

(Chesnot/Getty Images)