Image Credits: TechCrunch We had to talk about the news that rocked the crypto world this week in our Thursday episode: the Binance/FTX deal that never was. To begin, we gave you […]
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Back to news homeFTX’s Sam Bankman-Fried Says He Is Trying to Raise More Money
On Wednesday evening, Sequoia Capital, one of FTX’s largest backers, said it now considered its $213 million investment worthless in a letter to its own investors. The firm said FTX […]
Could FTX’s Collapse Signal Even Tougher Times for Crypto? Here’s What to Know.
Second, is crypto’s regulatory future in jeopardy? FTX, after all, was one of only a handful of U.S. crypto firms that had invested heavily in lobbying, and Mr. Bankman-Fried was […]
Crypto’s biggest M&A deal, between Binance and FTX, looks unlikely to close
Crypto exchange Binance, the largest in the world by volume, signed a letter of intent Tuesday to purchase its troubled competitor, FTX, in what appears to be a potential bailout […]
Crypto giant Binance agrees to buy rival FTX amid ‘liquidity crunch’
Binance said Tuesday it has signed a letter of intent to acquire its most formidable rival FTX, delivering a surprising twist to days-long public spat between the world’s two largest […]
Binance to Buy FTX in Megadeal of Crypto Exchanges
Binance, the world’s largest cryptocurrency exchange, said on Tuesday that it had reached a deal to buy one of its biggest competitors, FTX, as fears swirled that the crypto industry […]
Binance founder Changpeng ‘CZ’ Zhao shares his vision of web3 opportunities at TC Sessions: Crypto
When it comes to the decentralized world of crypto, few single entities loom larger or carry more weight in the industry than exchange behemoth Binance. The blockchain giant processed $34 […]
Crypto’s biggest powerhouse flexes on its competition
Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious. For our Thursday […]
Binance, issuer of stablecoin BUSD, to discontinue support for USDC, USDP and TUSD
Binance, the issuer of the world’s third-largest stablecoin, said on Monday it will convert customers’ holdings in three rival stablecoins USD Coin (USDC), Pax Dollar (USDP) and True USD (TUSD) […]
Binance and WazirX disagree over ownership two years after announcing deal
Binance, the world’s largest crypto exchange by trading volume, said on Friday it doesn’t own India-based platform WazirX despite disclosing the acquisition two and a half years ago in a […]