CZ Says Binance Intends to ‘Fully Acquire FTX,’ Sam Bankman-Fried Confirms Transaction

While Alleged FTX Addresses Are Being Monitored, Glassnode Researcher Reminds Speculators 'Exchange Balances Are Mutable in the Short Term'After all the speculation surrounding the crypto exchanges Binance and FTX, Binance CEO Changpeng Zhao (CZ) revealed that his company is set to acquire FTX. CZ detailed that FTX asked for help and noted there is a “significant liquidity crunch.” FTX CEO Sam Bankman-Fried has confirmed the acquisition will take place. Binance Set to Acquire […]

Go to Source

Powered by WPeMatico

Crypto Exchange Binance Dumping All FTX Tokens on Its Books — CEO Cites ‘Recent Revelations’

Crypto Exchange Binance Dumping All FTX Tokens on Its Books — CEO Cites 'Recent Revelations'Binance is dumping all of its FTX token (FTT) holdings “Due to recent revelations that have come to light,” CEO Changpeng Zhao has confirmed. “Regarding any speculation as to whether this is a move against a competitor, it is not,” he added. “Our industry is in its nascency and every time a project publicly fails […]

Go to Source

Powered by WPeMatico

In the Daily: Cryptopia Resumes Trading, US Crypto Lobbying Intensifies, Visa Crypto Job

In the Daily: Cryptopia Resumes Trading, Lobbying Intensifies in US, Visa Crypto JobIn this edition of The Daily we cover the resumption of trading on the hacked New Zealand exchange Cryptopia, the American digital assets industry’s increased lobbying of politicians, and a wanted ad by the Visa Crypto team. Also Read: Tel Aviv Court Rules Bank Can’t Close Crypto Miner’s Account Cryptopia Resumes Trading, Plans Rebate The […]

The post In the Daily: Cryptopia Resumes Trading, US Crypto Lobbying Intensifies, Visa Crypto Job appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

High Profile Cryptocurrency Firms Hope to Influence US Law

High Profile Cryptocurrency Firms Hope to Influence US LawA group of cryptocurrency luminaries and businesses have announced the formation of a US lobbying entity based in Washington known as the Blockchain Association. The creation of the political solicitation group was initiated by firms such as Circle, Coinbase, Polychain Capital, and the Digital Currency Group. Also read: With Bitcoin Cash, A Namibian Conservationist Hopes To […]

The post High Profile Cryptocurrency Firms Hope to Influence US Law appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico