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Galaxy Digital on the Hunt for More Crypto Bankruptcy Assets Post-FTX Deal
19.12.2023
Source: LinkedIn Galaxy Digital, the cryptocurrency group led by US billionaire Mike Novogratz, is seeking additional asset sales from bankrupt digital asset companies following a successful deal that involved selling coins held by FTX. The transaction has significantly increased Galaxy’s...
Creditors Accuse Genesis of Ballot-Stuffing Over $175M FTX Deal
1.9.2023
Genesis is facing headwinds as it seeks to finalize its wind-up after a January bankruptcy – and is now being accused by Gemini and other creditors of voter “manipulation.”
Pop Icon Taylor Swift Signed $100M Deal With Crypto Exchange FTX, New Reports Claim
8.7.2023
Taylor Swift, a pop icon and 12-time Grammy Award winner, did sign an agreement with bankrupt cryptocurrency exchange FTX, new reports claim. However, FTX executives reportedly convinced former FTX CEO Sam Bankman-Fried (SBF) to reconsider and abandon the $100-million deal with Swift. Taylor Swift...
News Summary: Visa Pulls Plug on FTX Deal, New Rugpull, BCH May Become Legal Tender, Binance & Bitget Aim to Help Reduce FTX Impact
14.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: News Summary: Visa Pulls Plug on FTX Deal, New Rugpull, BCH May Become Legal Tender, Binance & Bitget Aim to Help Reduce...
Bitcoin Losses Continue after Binance Quits FTX Deal
10.11.2022
After a sudden turmoil in the FTX exchange, crypto enthusiasts thought Binance would come to the rescue, but Binance officials have announced that it is beyond their control. Binance exchange can’t support FTX customers to provide liquidity on the platform. As a result, the crypto market has been...
Crypto Stocks Continue Drop as Binance Walks Away from FTX Deal
10.11.2022
Concerns around FTX's health along with the broader crypto ecosystem spilled into the stock market Wednesday
Binance Backs out of FTX Deal Citing ‘Due Diligence,’ Reports of ‘Mishandled Customer Funds’
9.11.2022
The world’s largest cryptocurrency exchange Binance will not go through with purchasing the rival crypto exchange FTX. The company noted that after due diligence and “news reports regarding mishandled customer funds,” Binance has decided not to pursue the FTX acquisition....
Binance Walks Away From Deal to Acquire FTX
9.11.2022
A spokesperson for the crypto exchange said FTX's issues "are beyond our control or ability to help."
Binance-FTX Deal Will Bring Regulatory 'Scrutiny’ on Crypto Exchanges: Blockchain Association’s Kristin Smith
9.11.2022
The executive director discusses why Bahamas-based crypto exchange FTX’s fall from grace is likely to “open up a more robust” debate surrounding regulation for exchanges going forward. U.S. Rep. Jim Himes also weighs in
Binance CEO Explains Situation With FTX — Says ‘We Did Not Master Plan This’
9.11.2022
Binance CEO Changpeng Zhao (CZ) has shared where his company is at on the deal with FTX. “We did not master plan this or anything related to it,” he told the Binance team, reminding them not to trade the FTX token (FTT) as the due diligence for the acquisition is still ongoing....
In staff letter, Binance CEO embraces scrutiny from regulators amid potential FTX deal
9.11.2022
“People now think we are the biggest and will attack us more,” said Changpeng Zhao in a letter updating staff on the situation with FTX
Bitcoin Falls Below $17K, First Time in 23 Months, as Binance Said to Waver on FTX Deal
9.11.2022
Bitcoin's price hit $16,936 on Bitstamp exchange on Wednesday morning. It was the first time the largest cryptocurrency had fallen below $17,000 since November 2020. The BTC price was down 14% on the day
Bernstein: Binance-FTX Deal May Attract Antitrust Regulators’ Attention
9.11.2022
The combined company would have a more than 80% share of the global crypto market, the report said
First Mover Asia: Prediction Markets Split if Binance Will Pull Out of FTX Deal; Bitcoin Drops 11%
9.11.2022
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
Market Wrap: Binance/FTX Deal Sends Bitcoin, Other Cryptos Spiraling
9.11.2022
Crypto prices whipsawed following the announcement that Binance would be purchasing one of its largest rivals. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Bitcoin, Crypto-Linked Equities Bounce as Binance/FTX Deal Stems Panic; Analysts Weigh In
8.11.2022
Crypto stocks including Coinbase and MicroStrategy fell as traders assess potential contagion from Alameda’s balance sheet
Bitcoin, Crypto-Linked Equities Resume Falling Despite Binance/FTX Deal
8.11.2022
Crypto stocks including Coinbase and MicroStrategy fell as traders assess potential contagion from Alameda’s balance sheet
Voyager customers could recover 72% of frozen crypto under FTX deal
20.10.2022
The plan is tentative at this stage and won't be finalized until it receives approval from Voyager's creditors and the bankruptcy payout plan is approved by the judge
FTX Token Rallies on Binance and Derivatives Exchange FTX Deal News
20.12.2019
Changpeng Zhao, CEO of Binance, and Sam Bankman-Fried, CEO of FTX. Source: Twitter, @SBF_Alameda
Major cryptocurrency exchange Binance invested in the cryptocurrency derivatives exchange FTX, and FTX Token (FTT) rallied.
The unspecified "strategic equity investment" into the company that...