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FTX

FTX Agrees to Sell Itself to Rival Binance
Video
Binance
FTX Agrees to Sell Itself to Rival Binance
Binance agrees to buy rival cryptocurrency exchange FTX following a liquidity crisis faced by FTX and corporate sibling Alameda Research. Host Joel Flynn discusses whether inv...
FTX Agrees to Sell Itself to Rival Binance
By CoinDesk Inc
Nov 9, 2022 at 4:37 p.m. UTC
Nov 9, 2022
BinancecdtvFTXAlameda ResearchDailyForkJoel Flynn
Sam Bankman-Fried (Jesse Hamilton/CoinDesk)
Layer 2
Sam bankman-fried
Why Did FTX Pause Withdrawals if It Wasn't Trading Customer Funds?
The exchange's own terms of service dictate customer balances shouldn't have moved. So what really happened?
Sam Bankman-Fried (Jesse Hamilton/CoinDesk)
By David Z. Morris
Nov 9, 2022 at 4:31 p.m. UTC
Nov 9, 2022
Sam Bankman-FriedFTXAlameda ResearchBinanceChangpeng "CZ" ZhaoOpinionThe NodeNewsletters
Bitcoin (BTC) price over the past week, showing drop to $15,625 on Wednesday, the lowest since November 2020. (Source: CoinDesk)
Markets
Bitcoin
Bitcoin Hits 2-Year Low Below $16K After Binance Backs Out of FTX Deal
Bitcoin's price fell as low as $15,625 Wednesday. It was the first time the largest cryptocurrency has fallen below $16,000 since November 2020. The BTC price was down 14% on...
Bitcoin (BTC) price over the past week, showing drop to $15,625 on Wednesday, the lowest since November 2020. (Source: CoinDesk)
By Helene Braun
Nov 9, 2022 at 4:13 p.m. UTC
Nov 9, 2022
BitcoinMarketsFTXTradingInvestingFTXBinance
Binance's Changpeng Zhao may have to talk to antitrust regulators about his potential purchase of FTX. (CoinDesk)
Policy
Regulations
What EU Merger Regulators Have in Store for Binance’s FTX Buy
European Union merger approval processes of 18 months can be sped up if there are concerns that FTX might topple, CoinDesk was told.
Binance's Changpeng Zhao may have to talk to antitrust regulators about his potential purchase of FTX. (CoinDesk)
By Jack Schickler
Nov 9, 2022 at 3:37 p.m. UTC
Nov 9, 2022
RegulationsEUMergersmergers and acquisitionsFTXBinance
Binance CEO Changpeng Zhao and FTX CEO Sam Bankman-Fried (CoinDesk)
Finance
Binance
Binance Is Strongly Leaning Toward Scrapping FTX Rescue Takeover After First Glance at Books: Source
Backing out would be one more stunning development in the collapse of Sam Bankman-Fried’s crypto empire.
Binance CEO Changpeng Zhao and FTX CEO Sam Bankman-Fried (CoinDesk)
By Ian Allison
Nov 9, 2022 at 3:32 p.m. UTC
Nov 9, 2022
BinanceFTXChangpeng "CZ" ZhaoSam Bankman-FriedExclusive Mergersmergers and acquisitions
Binance CEO and founder Changpeng Zhao (Antonio Masiello/Getty Images)
Finance
Binance
Binance CEO Zhao Says Planned FTX Acquisition Is Not a 'Win for Us'
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.
Binance CEO and founder Changpeng Zhao (Antonio Masiello/Getty Images)
By Jamie Crawley
Nov 9, 2022 at 2:59 p.m. UTC
Nov 9, 2022
BinanceCZFTXSam Bankman-Fried
The proposed sale of Sam Bankman-Fried's FTX to Binance is having ripple effects across the crypto universe. (Jesse Hamilton/CoinDesk)
Markets
First mover
First Mover Americas: FTX Fallout Heats Up
The latest price moves in crypto markets in context for Nov. 9, 2022.
The proposed sale of Sam Bankman-Fried's FTX to Binance is having ripple effects across the crypto universe. (Jesse Hamilton/CoinDesk)
By Jamie CrawleySage D. Young
Nov 9, 2022 at 1:18 p.m. UTC
Nov 9, 2022
First MoverBitcoinEtherMarketsFTX
(CraftyPease/Pixabay)
Finance
Trading
Crypto Fund Alameda's Ethereum Wallet Holdings Slumped 50% Since October
On-chain analysis shows Alameda has a $3 million debt spread over several Ethereum addresses.
(CraftyPease/Pixabay)
By Shaurya Malwa
Nov 9, 2022 at 10:56 a.m. UTC
Nov 9, 2022
TradingInvestingMarketsAlameda ResearchFTX
European antitrust regulators may be interested in Binance's proposed acquisition of FTX. (Shutterstock)
Finance
Binance
Bernstein: Binance-FTX Deal May Attract Antitrust Regulators’ Attention
The combined company would have a more than 80% share of the global crypto market, a report from the firm said.
European antitrust regulators may be interested in Binance's proposed acquisition of FTX. (Shutterstock)
By Will Canny
Nov 9, 2022 at 9:53 a.m. UTC
Nov 9, 2022
BinanceFTXAntitrustAcquisitionsCrypto Exchange