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Binance
Solana Falls and Speculation Centers on Links to Sam Bankman-Fried’s FTX, Alameda
The SOL token fell 4.7% in the past 24 hours, and crypto traders are forming all sorts of theories as to why.
Sam Bankman-Fried Denies FTX Insolvency Rumors as Binance Moves to Liquidate FTT Tokens
Traders are scurrying to hedge against a potential slide in crypto exchange FTX's native token, FTT, in the wake of Binance's decision to liquidate FTT holdings and controversy surrounding sister company Alameda Research's balance sheet. This comes as FTX CEO Sam Bankman-Fried tweeted in part that "FTX is fine. Assets are fine." "The Hash" panel discusses the latest developments after CoinDesk published a story revealing that Alameda's balance sheet was loaded with FTT.
First Mover Americas: Binance Dumps FTT Tokens
The latest price moves in crypto markets in context for Nov. 7, 2022.
FTX CEO Sam Bankman-Fried Denies Insolvency Rumors as Binance Liquidates FTT Token
The head of FTX sister company Alameda Research offered to buy as much FTT as Binance wants to sell.
Open Interest in FTT Futures Doubles as Binance Moves to Liquidate FTX Token Holdings
Open interest has doubled to $203 million, with bearish bets in demand, as Binance's entry into the FTX-Alameda drama has caused panic among investors.
Binance to Sell Rest of FTX Token Holdings as Alameda CEO Defends Firm's Financial Condition
Alameda's CEO offered to buy Binance's FTT token holdings for $22 apiece.
Binance CEO Zhao Considering Buying Banks: Report
Zhao wants his crypto exchange to become a bridge between traditional finance and crypto, according to a Bloomberg report.
Elon Musk Wants to Charge Twitter Users $8 a Month for Verification
Elon Musk wants Twitter users to pay a monthly fee to keep their blue verified checkmark. The billionaire tweeted in part, "Power to the people! Blue for $8/month." "The Hash" hosts discuss how Ethereum co-founder Vitalik Buterin and Binance's CZ are responding to the planned changes and the role crypto could play in Twitter's future.
Binance CEO Zhao Suggests Exchange Might Still Allow Russian Users
While the crypto exchange's EU entities have complied with sanctions against Russia, the decision isn't as clear outside of Europe, the Binance CEO said.
Crypto Exchange Binance to Use Twitter as Web 3 ‘Sandbox,’ Help Musk Fend Off Bots: Exec
Patrick Hillman, chief strategy officer at Binance, discusses the goals to help Elon Musk fend off internet bots on Twitter and why Binance sees the potential for Web3 innovation following its $500 investment in the social media company.
