Binance Financial News
09.11 / 12:49
cryptocurrency
Binance
BNB
Binance CEO shares '2 big lessons' on crypto investment: 'Never use a...'
Hours after Binance announced that its plans of acquiring rival cryptocurrency exchange FTX, CEO Changpeng Zhao (or CZ as he is popularly known) shared "two big lessons" on investment.
09.11 / 12:07
Lowe's
Binance
Bitcoin
Rescue
Deal
Binance-FTX rescue deal slammed as ‘humiliation to decentralisation’ as crypto prices slump
Binance’s surprise buyout of rival crypto exchange FTX has tanked the price of bitcoin, drawn intense criticism from some corners of the crypto industry and is already prompting antitrust concerns.
09.11 / 06:11
business
Blockchain
Adoption
Binance
Reserve
Support
Binance Proof-of-Reserve pledge gains support following FTX crisis
Following the liquidity crisis and acquisition of cryptocurrency exchange FTX, Binance CEO Changpeng “CZ” Zhao said his exchange will soon start a Proof-of-Reserves audit system to allow verification of its digital asset holdings.
09.11 / 05:41
business
Binance
Liquidity
Bitcoin
Binance CEO shares 'two big lessons' after FTX's liquidity crunch
Binance CEO Changpeng “CZ” Zhao has shared his take on "two big lessons" to be learned from the FTX saga, saying cryptocurrency firms shouldn’t use their own tokens as collateral and should also keep “large reserves.”
09.11 / 03:53
business
Binance
FTX
Prison
Martin Shkreli reassures Do Kwon about life in prison as they discuss FTX and Binance
The huge changes in the crypto exchange market on Nov. 8 led to equally massive waves of commentary. The UpOnlyTV channel on Twitch was a beneficiary of this activity with Do Kwon and Martin Shkreli showing up simultaneously to talk about the deal between Binance CEO Changpeng Zhao (CZ) and FTX CEO Sam Bankman-Fried (SBF) for the purchase of FTX.
09.11 / 00:13
Dash
Binance
FTX
Terra Luna
FTX Token Price Prediction - Will FTT Go to $0 Like Luna? Traders Buying These Coins Instead
Binance is buying FTX and the market has been thrown into turmoil as traders try to make sense of what it all means for crypto.
08.11 / 22:35
business
Binance
chess
Binance's FTX acquisition seen as chess move by crypto community
"Who needs Netflix when you are in crypto?", commented a user on Twitter as the crypto industry attempts to digest the acquisition of cryptocurrency exchange FTX by its rival Binance. The deal, disclosed on Nov 8., has been compared with a "chess move" by some, insinuating that Binance's strategy intentionally led to the deal.
08.11 / 21:55
business
Twitter
Binance
Bitcoin
Deal
FTX Token, BNB and Solana soar after Binance CEO inks potential deal to acquire FTX
FTX Token (FTT) and Solana’s SOL (SOL) endured a tough weekend of trading that saw altcoins take double-digit losses in the 15%–30% range, but the tide turned as news broke that Binance could be in the process of acquiring FTX.
08.11 / 21:29
Binance
FTX
D2T
Bitcoin
Bitcoin Price Prediction as BTC Rebounds Above $20,000, Binance Buying FTX
Bitcoin price prediction was bearish; however, it has shifted to bullish above the double bottom level of $19,230. Binance, a cryptocurrency exchange, has signed a non-binding letter of intent (LOI) to buy the FTX exchange. Binance CEO Changpeng Zhao said this would assist in relieving pressure on the FTX exchange's liquidity.
08.11 / 21:23
UPS
Twitter
Binance
Binance to buy troubled rival FTX
FTX's billionaire chief Sam Bankman-Fried and his counterpart at Binance, Changpeng Zhao, both took to Twitter to confirm the non-binding agreement.
08.11 / 20:31
cryptocurrency
Binance
FTX
Binance to acquire rival FTX
Two days after announcing the sale of its entire portfolio of FTT tokens of cryptocurrency exchange FTX, Binance CEO Changpeng Zhao (CZ) on November 8 said it has signed a non-binding letter of intent, planning to fully acquire FTX.
08.11 / 20:15
markets
Binance
Bitcoin
Bitcoin Price
Bitcoin price swings to over $20K as Binance helps FTX ‘liquidity crunch’
Bitcoin (BTC) saw major volatility after the Nov. 8 Wall Street open as turmoil over crypto exchange FTX punished markets further.
08.11 / 20:15
business
Binance
Breaking: Binance CEO announces intent to acquire FTX to ‘help cover the liquidity crunch’
Following Binance CEO Changpeng Zhao’s announcement that the company would liquidate its position in FTX Token (FTT), FTX CEO Sam Bankman-Fried, also known as 'SBF,' took to social media seemingly in an effort to quell rumors of conflict between the major crypto exchanges.
08.11 / 19:51
Binance
Deal
Binance says it will buy FTX in crypto mega-deal
Crypto exchange Binance said on 8 November that it had signed a letter of intent to acquire rival FTX Trading, which it said was facing a liquidity crunch.
08.11 / 16:53
UPS
Target
Binance
Kraken
The Fintech Files: StanChart targets Abu Dhabi, Nomura eyes crypto trading
While regulators in the US, the UK and Europe have dragged their feet on crypto, Abu Dhabi has been quietly snagging a bit of business.
08.11 / 15:59
Binance
Liquidity
FTX
Fried
Sam
Withdrawals
FTX CEO Sam Bankman-Fried Speaks Out Amid Binance Drama – Denies Insolvency, Says Withdrawals Will Continue
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.
08.11 / 13:59
UPS
Provident
Dash
Binance
FTT is Down 21% But This New Coin Could 30x
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
08.11 / 12:19
markets
Binance
Bitcoin
Bitcoin Price
week
reserves
Bitcoin price hits 2-week lows as FTX 'bank run' drains BTC reserves
Bitcoin (BTC) and crypto markets fell heavily into Nov. 8 as contagion from the FTX debacle spilled over.
08.11 / 12:19
Adoption
Binance
Europe
European Union
MiCA legislation good news for crypto players: Binance Europe VP
Smaller cryptocurrency exchanges and start-ups could benefit from the European Union’s Markets in Crypto-assets (MiCA) regulation, according to Martin Bruncko, Binance’s executive vice president of Europe.
08.11 / 11:23
08.11 / 11:03
Twitter
Binance
Strained relations between crypto giants Binance and FTX erupt into Twitter showdown
Tensions between two of the richest men in cryptocurrencies erupted into open warfare on Twitter over the weekend, transfixing much of the digital-currency world.
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