Newsbreak 7 months ago in Around The World, Assets, Binance, Changpeng Zhao, Cryptos, FTX Exchange, Liquidity, News, Sam Bankman-Fried, Tech Insider, Token 0 Category: Assets
How crypto giant Binance came to bail out its biggest rival, FTX, days after their billionaire founders got into a...
Newsbreak 7 months ago in Around The World, Assets, Binance, Changpeng Zhao, Cryptos, FTX Exchange, Liquidity, News, Sam Bankman-Fried, Tech Insider, Token 0 Changpeng Zhao’s Binance plans to purchase Sam Bankman-Fried’s FTX crypto alternate. Horacio Villalobos/CorbisAlex Wong/Getty Images The CEO of Binance tweeted on Sunday the alternate can be liquidating all its FTT tokens due to “recent revelations.” On Monday, FTX head Bankman-Fried tweeted “a competitor is trying to go after us with false rumors.” Bankman-Fried introduced on Tuesday his alternate FTX is to be acquired by Binance….
Bitcoin and other cryptocurrencies sell off as Binance’s stunning takeover of FTX renews liquidity fears in the sector
Newsbreak 7 months ago in Around The World, Assets, Binance, Cryptos, ftx, Liquidity, Markets, MI Exclusive, Sam Bankman-Fried, Token 0 Sam Bankman-Fried, founder of crypto alternate FTX. Tom Williams/Getty Images Bitcoin and most other cryptocurrencies have been down Tuesday after Binance’s stunning announcement that it’ll purchase FTX. FTX Token crashed 45%, and Binance’s BNB additionally reversed earlier positive factors sharply to show detrimental. Binance CEO Changpeng Zhao stated the deal will “help cover the liquidity crunch” at FTX. Bitcoin and most other cryptocurrencies have been…
Russia says the West has ‘essentially stolen’ its foreign currency and gold reserves as the EU eyes asset transfer to...
Russian presidential press secretary Dmitry Peskov. Mikhail Svetlov/Getty Images Russia accused the West on Monday of stealing from its currency and gold reserves. Western sanctions have frozen $640 billion worth of Russian assets. The European Council is considering transferring those assets to Ukraine. Russia accused the West of stealing from Moscow’s currency and gold reserves on Monday thanks to sanctions that froze Russian assets. In…