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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
Meta Announces Layoffs Affecting 13% of Workforce; More Than 11,000 Employees to Be Fired Amidst ‘Cultural Shift’
9.11.2022
Meta, the social network company, has announced that it will cut 11,000 jobs, letting go of 13% of the employees in its workforce amidst a “cultural shift” in the company. Mark Zuckerberg, CEO of the company, explained this decision was made due to a need to become more “capital...
Binance CEO Zhao Says Planned FTX Acquisition Is Not a 'Win for Us'
9.11.2022
Zhao also noted in a Wednesday memo to staff that Binance had stopped selling its holdings of FTX's tokens given the ongoing due diligence for the deal
Elephant in the Room: FTX Troubles Force Exchange Executives to Talk About Proof-of-Reserves
9.11.2022
On Nov. 9, 2022, a day after the news broke regarding Binance planning to purchase the exchange FTX, the crypto economy dropped 11.17% in 24 hours. The crypto economy has slid under $900 billion for the first time since January 2021. The Binance and FTX news has come as a shock to a lot of […]
Marathon is now the 2nd-largest listed holder of Bitcoin, says CEO
9.11.2022
The United States-listed Bitcoin miner has produced at least 1,231 Bitcoin since the start of July and has sold none of it to date
Binance CEO shares 'two big lessons' after FTX's liquidity crunch
9.11.2022
CZ took to Twitter on Nov. 8 sharing "two big lessons" that crypto companies should learn amid the downfall of crypto exchange FTX
Report: FTX CEO Told Staff Crypto Exchange ‘Effectively Paused’ Withdrawals
8.11.2022
According to a report shared by an FTX staff member, prior to Binance announcing it would acquire the exchange, CEO Sam Bankman-Fried explained that in 72 hours FTX saw roughly $6 billion in withdrawals. Furthermore, the staff member’s account notes that withdrawals on the exchange FTX.com...
FTX Token, BNB and Solana soar after Binance CEO inks potential deal to acquire FTX
8.11.2022
Solana and FTX token saw a sharp rebound after headlines announced that Binance would acquire FTX due to liquidity issues, but will the upside last?
CZ Says Binance Intends to ‘Fully Acquire FTX,’ Sam Bankman-Fried Confirms Transaction
8.11.2022
After all the speculation surrounding the crypto exchanges Binance and FTX, Binance CEO Changpeng Zhao (CZ) revealed that his company is set to acquire FTX. CZ detailed that FTX asked for help and noted there is a “significant liquidity crunch.” FTX CEO Sam Bankman-Fried has confirmed...
Biggest Movers: FTT Down 30% on Tuesday, Falling to 21-Month Low
8.11.2022
FTX token continued a recent sell-off on Tuesday, as prices slipped to their lowest level since February 2021. The decline comes as traders liquidated their positions, following recent tweets from Binance CEO Changpeng Zhao. CZ initially stated that the exchange would liquidate all its FTT, however...
Binance CEO announces intent to acquire FTX to 'help cover the liquidity crunch'
8.11.2022
FTX CEO Sam Bankman-Fried called the news a "user-centric development that benefits the entire industry."
Exclusive Interview: Coinhouse CEO Nicolas Louvet Says U.S. SEC "Stupid", Sees Crypto Convergence with TradFi
8.11.2022
Cryptonews.com spoke to Nicolas Louvet, the CEO of Coinhouse, one of Europe’s leading digital asset platforms with 350,000 clients.
The firm is one of the few in the industry that combines advice with brokerage services.
The Paris-based company began life in 2015 as ‘La Maison du Bitcoin’ –...
FTX CEO Sam Bankman-Fried Speaks Out Amid Binance Drama – Denies Insolvency, Says Withdrawals Will Continue
8.11.2022
FTX CEO Sam Bankman-Fried has denied insolvency rumors amid mounting speculations that his exchange is facing liquidity issues, as evident by Binance's move to dump all its FTT holdings.
In a series of tweets on Monday, Bankman-Fried referred to the speculation as FUD, claiming that...
Mastercard CEO: ‘Long Way to Go Before Crypto Becomes Mainstream’
8.11.2022
The CEO of the payments giant Mastercard Michael Miebach argued that several elements need to come together before bitcoin (BTC) and crypto in general can go mainstream.
In an interview with Yahoo Finance, the CEO was asked if the day will come when everybody will be paying in bitcoin, and Miebach...
Binance CEO not interested in Alameda's offer to buy up its FTT holdings
8.11.2022
CZ signaled that he isn’t interested in an offer from Alameda to buy out Binance's FTX Tokens saying they'd rather “stay in the free market.”
Activision CEO Bobby Kotick Donates $50,000 To Republican Who Protested 2020 Election
8.11.2022
While it’s normal for prominent business people to donate to both sides of the political aisle, so that whoever wins an election they can call in some favours, as the Republican Party lurches further to the right some of the candidates being supported are deserving of a bit more scrutiny than...
AAA gaming companies will look like peanuts as GameFi evolves: Skale CEO
7.11.2022
Finding a sustainable GameFi model is still challenging, as user experience ranks at the top of industry concerns
Bankman-Fried, CEO de FTX, niega rumores de insolvencia después de que Binance liquidara tokens FTT
7.11.2022
La CEO de la empresa hermana de FTX, Alameda Research, ofreció comprar tantos FTT como Binance quiera vender
FTX CEO Sam Bankman-Fried Denies Insolvency Rumors as Binance Liquidates FTT Token
7.11.2022
FTX CEO Sam Bankman-Fried has dismissed speculation over whether the company has enough capital to cover its liabilities and customer deposits
FTX Price Prediction as Binance CEO Dumps $500 Million Token Holdings – Can FTT Recover?
7.11.2022
The price of FTX (FTT) has declined by 3% in the past 24 hours, following Binance's announcement that it would liquidate the entirety of its holdings in the token. Binance's decision comes after a leaked report suggested that the exchange utility token comprises nearly 40% of the assets of Alameda...