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 […]
FTX
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Back to news homeTroubled crypto exchange FTX investigated by US regulators over customer funds
Crypto trading behemoth FTX fell from grace this week after the exchange experienced a liquidity crunch and agreed to give its rival, Binance, the option to purchase the company’s non-U.S. […]
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 […]
Parsing FTX’s 2021 growth in a Coinbase context
Over the weekend, CNBC reported a set of revenue and profit figures from FTX, a global cryptocurrency exchange that raised a mountain of capital in the last year and is […]
Can VCs game crypto out of this downturn?
Welcome back to Chain Reaction. Last week, we looked at Musk holding onto doge. This week, we’re talking about where all of this crypto VC money is possibly gonna go. […]
FTX policy exec says its ‘priorities have not changed’ amid market madness
As the crypto markets continue to trend downward, the world’s second-largest crypto exchange, FTX, remains undeterred. “Our priorities have not changed,” Mark Wetjen, head of policy and regulatory strategy at […]
Why a crypto exchange might want to buy Robinhood
Selling your company — or not selling your company — is a complicated decision. Price, timing, pride, and a host of other factors play into the decision. Hell, you might […]
Bybit crypto exchange joins the the list of companies cutting staff
Singapore-based crypto exchange Bybit has joined a long list of companies that have laid off some of their employees. As the cryptocurrency market is facing tremulous times, firms are finding […]
Binance.US CEO tells employees the company is ‘growing faster than ever’
Binance.US, the American company associated with the world’s largest crypto exchange, isn’t worried about the market turmoil that has pushed some of its competitors to tighten their belts. CEO Brian […]