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Latest News

Keep up with what's happening in the crypto world in real-time.

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cover-imageBloomberg Markets and Finance
November 8, 2022

Binance to Purchase Rival Crypto Exchange FTX

Crypto exchange Binance is buying rival FTX.com, under undisclosed terms, according to a tweet from Binance CEO Changpeng Zhao. EToro Crypto Consultant Glen Goodman examines the deal on "Bloomberg Markets: European Close.

Positive
cover-imageCoingape
November 8, 2022

Sam Bankman Fried Confirms FTX Buyout Deal, Thanks CZ For Help

Following all of the rumors surrounding the cryptocurrency exchanges Binance and FTX, Binance CEO Changpeng Zhao (CZ) confirmed that his company is planning to buy its rival FTX. According to CZ, he was told by FTX officials that there's a severe liquidity crunch and a need for assistance.

Positive
cover-imageBitcoinist
November 8, 2022

Binance To Buy FTX, CZ Wins Exchange War?

The crypto exchange wars were short-lived; Binance and its CEO Changpeng “CZ” Zhao emerged victorious after a couple of days of uncertainty, carnage, and unexpected announcements. Via his Twitter account, CZ announced that it entered a deal to acquire its competitor FTX.

Neutral
cover-imageCoinbureau
November 8, 2022

Withdrawals not Halted at FTX: Instead Binance will Buy FTX

Reports early Tuesday are that the FTX exchange has halted withdrawals. The finding was first noted by The Block, who reported that on-chain data from the Ethereum, Solana, and Tron indicate FTX has stopped processing withdrawal requests for clients. The last outgoing transaction from FTX took place at 6:37 a.m. ET on the Ethereum blockchain.

Positive
cover-imageCrypto Daily
November 8, 2022

CZ stops crypto market meltdown by buying FTX

A torrid day in the cryptocurrency market was brought to an earth-shattering halt as Sam Bankman-Fried agreed to sell FTX to CZ's Binance. Things had taken a dark turn as it looked increasingly like Sam Bankman-Fried's FTX exchange would be going to the wall in what looked like an implosion every bit as shocking and damaging as the Luna melt down.

Positive
cover-imageCoinPedia
November 8, 2022

Breaking! Binance To Finally Acquire FTX To Resolve Liquidity Crunch

A lengthy public war of words between two cryptocurrency exchange giants may come to an end as Binance is now all set to acquire its rival FTX. The cryptocurrency sector has witnessed a profound impact of the current turmoil caused by the leaked balance sheet of Sam Bankman-Fried (SBF) owned trading platform Alameda Research.

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