Binance CEO announces intent to acquire FTX to ‘help cover the liquidity crunch’
FTX CEO Sam Bankman-Fried called the news a “user-centric development that benefits the entire industry.” Go to Source Powered by WPeMatico
Sam Bankman-Fried
Auto Added by WPeMatico
Alameda on the radar of BitDAO community for alleged dump of BIT tokens
Bybit co-founder Ben Zhou stated that while no wrong-doing is confirmed, the BitDAO community would like to see proof of fund from Alameda. Go to Source Powered by WPeMatico
Binance CEO not interested in Alameda’s offer to buy up its FTT holdings
CZ signaled that he isn’t interested in an offer from Alameda to buy out Binance’s FTX Tokens saying they’d rather “stay in the free market.” Go to Source Powered by WPeMatico
SBF calls for collaboration with Binance ‘for the ecosystem’
FTX’s founder denied liquidity issues with FTT token and claimed to be the victim of false rumors. Go to Source Powered by WPeMatico
FTX Token price risks 30% plunge as a 23M FTT ‘part’ moves to Binance
Alameda Research reportedly obtained $2.2 billion worth of loans using FTT as collateral, a token created by cryptocurrency exchange FTX. Go to Source Powered by WPeMatico
SBF has been a ‘significant donor’ in the US midterm elections
The FTX founder has reportedly spent almost $40 million mainly supporting Democrats during the current political cycle, according to Open Secrets. Go to Source Powered by WPeMatico
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 … Read more
Bankman-Fried misguides regulators by directing them away from centralized finance
FTX CEO Sam Bankman-Fried proposed a blueprint for regulators to look into decentralized finance — with nary a word about centralized exchanges like his own. Go to Source Powered by WPeMatico
FTX exec revealed as big donor to Oregon Democrats following misidentification
The FTX director of engineering reportedly contributed $500,000 to the Democratic Party of the American state of Oregon. Go to Source Powered by WPeMatico
DeFi Pioneer Echoes SBF in Call for Tighter Crypto Regulations
The Yearn Finance founder suggested that several cracks have shown in the crypto sector this year, and that regulation is needed to “reign in irresponsible actors.” Go to Source Powered by WPeMatico
