FTX


Finance

Bitcoin, Crypto-Linked Equities Resume Falling Despite Binance/FTX Deal

Questions about the solvency of FTX were picking up speed on Tuesday morning until Binance announced a non-binding LOI to acquire the crypto exchange.

(Spencer Platt/Getty Images)

Finance

Exchange FTX acuerda ser vendido a su rival Binance en medio de temores sobre su liquidez

Los dos gigantes del mercado cripto firmaron una carta de intención no vinculante, según confirmó el CEO de Binance, Changpeng "CZ" Zhao, en Twitter.

(CoinDesk)

Finance

FTX Agrees to Sell Itself to Rival Binance Amid Liquidity Scare at Crypto Exchange

The two crypto exchange giants signed a non-binding letter of intent, Binance CEO Changpeng "CZ" Zhao confirmed on Twitter.

FTX CEO Sam Bankman-Fried and Binance CEO Changpeng "CZ" Zhao (CoinDesk)

Finance

FTX's Bitcoin Balance Plunges to Just 1

Roughly 20,000 bitcoin have been pulled from the crypto exchange in the past 24 hours, according to data from Coinglass.

Attackers drained all liquidity from the affected QuickSwap pool. (Shutterstock)

Markets

El token FTT se desploma por temor a un posible contagio de Alameda en el mercado

FTT cayó casi 20% en una hora, mientras que SOL de Solana bajó 17% y SRM de Serum, 10%.

(CoinDesk)

Markets

Abracadabra's MIM Stablecoin Briefly Lost Dollar Peg as FTX's FTT Token Tanked

FTT is the largest collateral backing MIM, accounting for 33% of the total collateral locked in Abracadabra's "cauldrons."

(CoinGecko)

Markets

BitDAO Community Asks Alameda for Proof of Funds After BIT's Sudden 20% Drop

The BitDAO community has said that it will vote on what to do with its FTT tokens if Alameda fails to provide evidence that it continues to hold BIT tokens as promised. Alameda has promised to provide the evidence soon.

(bluebudgie/Pixabay)

Markets

Bitcoin, Ether Slide as Protective Puts Draw Demand Amid Sell-Off in FTX's Token

Options market tied to bitcoin and ether shows renewed bias for puts, perhaps a sign of investor fears the FTX-Alameda drama may bring another market-wide crash.

Bitcoin's price drops as FTT hits the lowest since February 2021. (Highcharts.com/CoinDesk)

Finance

Sam Bankman-Fried No Longer a Billionaire After $14.6B Wipeout: Bloomberg

The FTX CEO lost an estimated $14.6 billion dollars – nearly 94% of his total wealth – according to the Bloomberg Billionaire Index.

Former FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk)

Markets

FTX Token Plummets on Withdrawal Concerns as Contagion Hits Broader Crypto Markets

The FTT price has declined nearly 14% over the past 24 hours, with Solana's SOL and Serum's SRM taking losses along with bigger cryptocurrencies like bitcoin and ether.

(CoinDesk)