Binance
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.
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."
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.
FTX and Alameda Contagion Fears Tank NFT Markets
Rumors of Alameda liquidating its Solana holdings are sending SOL’s price into free fall; both Solana and Ethereum-based NFT markets are getting hit hard by the news.
Hostaged FTX Funds Sold for Pennies on the Dollar in OTC Trades Among Customers
Troubled crypto exchange FTX halted withdrawals on Tuesday, leading panicked customers to offload their bags among themselves at steep discounts.
Binance-FTX Deal Will Bring Regulatory 'Scrutiny’ on Crypto Exchanges: Blockchain Association’s Kristin Smith
The executive director discusses why FTX’s fall from grace is likely to “open up a more robust” debate surrounding regulation for exchanges in future. U.S. Rep. Jim Himes of Connecticut weighs in.
Alameda Research, FTX Ventures Websites Go Dark
The websites were either taken down or made private only a day after news broke that Binance had signed a letter of intent to purchase its cash-strapped rival exchange.
How NFL Legend Tom Brady Is Caught in FTX Fallout
2022 has been a rough year for seven-time Super Bowl champion Tom Brady: a tarnished record after coming out of retirement, a divorce and now a potential wipeout of a strategic investment in troubled crypto exchange FTX. "The Hash" hosts discuss the latest fallout of the proposed FTX-Binance deal and crypto winter at large.
Binance Unlikely to Complete FTX Takeover After First Glance at Books: Source
CoinDesk reports that cryptocurrency exchange giant Binance is highly unlikely to go through with its proposed acquisition of struggling rival FTX after less than a day of reviewing the company, according to a person familiar with the matter. "The Hash" panel discusses the potential outcomes and regulatory impact worldwide.
