Large Creditors are Owed $3.1 Billion by the Crypto Exchange FTX
According to a court document, crypto exchange FTX owes its 50 biggest debtors over $3.1 billion (£2.6 billion). The beleaguered company, which declared bankruptcy in...
Tag : Binance
Sam Bankman, CEO of FTX- Fried lost billions of dollars, and the Firm files Bankruptcy
Major financial difficulties have hit one of the world’s leading crypto trading platforms. Sam Bankman-Fried, CEO of FTX also known as, SBF, has recently seen...
Binance Will Not Acquire FTX
In a recent development, Binance has publicly confirmed that it would no longer pursue the FTX takeover. This follows the Binance team’s due diligence on...
Amid FTX Controversy, Binance Spot Volume Dominance Jumps to 71%
According to The Block Research, after transacting more than $51.3 billion in volume in the last 24 hours, crypto exchange Binance now controls 71% of...
Binance is All Set to Buy Rival FTX
Binance CEO Changpeng Zhao has disclosed that his company is negotiating with FTX about a possible purchase. The acquisition of FTX follows research that revealed...
Bitcoin Yet Again Crashes Below $20,000
Bitcoin’s price has dropped below the critical $20,000 level in the last several hours. The fall happened about 12:00 p.m. EST, and it raised questions...
The Cryptocurrency Industry Could Be Killed by India’s Taxes as per Binance CEO
Binance Holding Ltd. CEO Changpeng Zhao shared his views on the situation of crypto in India on a panel at a Fintech Conference in Singapore...
Binance launches Oracle Network on its BNB Chain Ecosystem
Binance has recently established an oracle network as part of its BNB Chain ecosystem. To facilitate the exchange of information between the blockchain and the...
A $500 Million Bitcoin Mining Lending Pool Has Been Launched by Binance
Binance has announced a $500 million loan pool, the biggest cryptocurrency exchange in the world, as the industry struggles to keep up with energy costs,...
Binance might Invest $1 Billion this Year
In an interview this week, Binance CEO Zhao “CZ” Changpeng claimed the company might invest or acquire businesses for more than $1 billion this year....