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Binance Counters ‘Wrong Narratives’ About FTX — CZ Calls SBF ‘One of the Greatest Fraudsters in History’
7.12.2022
The CEO of crypto exchange Binance, Changpeng Zhao (CZ), has countered several “wrong narratives” about the collapsed crypto exchange FTX and its co-founder Sam Bankman-Fried (SBF). The Binance boss calls SBF “a master manipulator” and “one of the greatest fraudsters...
Binance publishes official Merkle Tree-based proof-of-reserves
25.11.2022
Two weeks after its initial pledge for Merkle Tree-backed proof of funds, Binance releases its official response to liquidity transparency
Binance Launches Billion-Dollar Crypto Industry Recovery Fund to Restore Confidence After FTX Meltdown
25.11.2022
Binance has committed $1 billion to a crypto industry recovery initiative to restore confidence following the collapse of crypto exchange FTX. Several other crypto companies have joined Binance’s efforts and committed capital for the recovery fund. Crypto Industry Recovery Initiative Launched...
Singapore central bank explains why Binance was on its alert list, but FTX wasn’t
22.11.2022
The Monetary Authority of Singapore had its reasons, and there was nothing more it could have done about the FTX threat any way, just like other national regulators
News Summary: FINRA Launches Crypto Comms Probe, Genesis Block Stops OTC Trading, Thodex Founder to Be Extradited to Turkey
18.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: News Summary: FINRA Launches Crypto Comms Probe, Genesis Block Stops OTC Trading, Thodex Founder to Be Extradited to Turkey
News Summary: Bitvo Backs Off FTX Acquisition Deal, Trust Wallet Integrates with Binance Pay, New Ethereum Climate Platform
17.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: News Summary: Bitvo Backs Off FTX Acquisition Deal, Trust Wallet Integrates with Binance Pay, New Ethereum Climate Platform
US House Committee to Hold Hearing on FTX Collapse – Regulation Incoming?
17.11.2022
The US House Financial Services Committee plans to investigate the collapse of FTX and hold a hearing on the matter next month.
Current Chair and Congresswoman Maxine Waters, D-Calif., and Congressman Patrick McHenry, R-N.C., announced the hearing in a joint statement on Wednesday, saying that...
Binance’s CZ says users share blame for placing trust in FTX, should take responsibility
14.11.2022
The Binance CEO was responding to a questioner who accused the company of profiting from FTX’s downfall while normal users suffered
SEC, DOJ Investigate FTX — Regulators Suspect Crypto Exchange Mishandles Customer Funds
11.11.2022
The U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) are reportedly investigating cryptocurrency exchange FTX. The crypto firm is suspected of mishandling customer funds and breaking securities laws. Regulatory probes are among the key reasons why Binance walked...
Chainlink Labs offers Proof of Reserve service for embattled exchanges
10.11.2022
The company claimed its PoR product can restore trust in crypto exchanges through greater transparency, but not everyone is convinced
‘Thank God’ El Salvador doesn’t have any Bitcoin on FTX, CZ clarifies
10.11.2022
The Binance CEO added that the amount of misinformation going around now is “insane.”
BREAKING: FTX appears to have resumed withdrawals Blockchain data shows
10.11.2022
Transactions appear to be leaving the FTX hot wallet at a rate in the single digits per minute
Most of FTX Legal Team Depart as Exchange Collapses
10.11.2022
An issue that seems to have massively contributed to major crypto exchange Binance’s decision not to acquire FTX is that a significant part of the latter’s team went for the exit.
According to Semafor, citing people familiar with the matter,
“Most of FTX’s legal and compliance staff quit Tuesday...
Crypto.com Exchange Suspends Withdrawals on Solana blockchain as Crypto Prices Crash – Another Exchange in Trouble?
10.11.2022
Major cryptocurrency exchange Crypto.com has suspended deposits and withdrawals of two major stablecoins, USDT and USDT, on the Solana blockchain.
In an email to users on Wednesday, the platform reportedly said that they are suspending deposits and withdrawals of USDC and USDT on the Solana...
Solana Price Prediction as SOL Plummets 26% – Time to Buy the Dip?
10.11.2022
Solana price prediction remains negative, having broken below all significant support levels on all timeframes. Solana has dropped by almost 26% in the last 24 hours and nearly 50% in the last seven days.
Solana tokens and NFTs have suffered as a result of the revelation of FTX's collapse,...
FTX and Binance’s ongoing saga: Everything that’s happened until now
10.11.2022
The story between cryptocurrency exchanges Binance and FTX has quickly unfolded and caused havoc in the crypto market, here’s a breakdown of where it began and where it is now
A Failed FTX-Binance Deal Is ‘Catastrophic’ for Crypto Sector
9.11.2022
Binance scrapping its acquisition of rival FTX could mean institutional investors deciding to pull some of their money out of the crypto industry
Bitcoin price hits multi-year low at $15.6K, analysts expect further downside
9.11.2022
BTC and altcoins collapse following news that Binance declined to purchase FTX. Analysts share their perspectives on what’s next for the market
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....
Why Is Crypto Tanking: The FTX-Binance Drama Explained
9.11.2022
The world’s largest crypto exchange, Binance, bailed out one of its major competitors, FTX, in an event that shocked the crypto industry and is catching the attention of regulators