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The Latest Breaking News from Binance

Chinese crypto billionaire poised to acquire distressed rival says it’s not a ‘win’

Binance made a nonbinding offer to buy FTX on Tuesday. The deal was already looking shaky on Wednesday.

Fortune

How will the Binance-FTX drama affect Solana? Here's what we know so far

Solana's SOL and other cryptocurrencies dubbed "Sam's Coins" are tanking amid the uncertainty surrounding the potential deal between Binance and FTX.

Fortune

Amid FTX Collapse And Regulatory Inquiries, Crypto Exchanges Hustle To Prove Reserves

At least nine cryptocurrency exchanges have come forward to provide proof of fund reserves as the market comes to terms with insolvency fears on the heels of FTX’s native token (CRYPTO: FTT)

Benzinga

From analysis to the latest developments in health,
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A tentative crypto deal looks increasingly shaky

Folks are starting to wonder if, after the dust settles, there will be an FTX.com left for Binance to buy.

Axios

Crypto Crash, Recession Fears Push Investors To Gold: A Look At The Commodity And This 2X Leveraged Fund

Direxion Daily Gold Miners Index Bull 2X Shares (NYSE: NUGT) was trading flat on Wednesday in consolidation after surging more than 12% on Tuesday.

Benzinga

Cryptocurrencies slump again amid fallout from FTX sale

Bitcoin slumped to a two-year low and other digital assets sold off Wednesday following the sudden collapse of crypto exchange FTX Trading

The Independent UK

The winners and losers from the FTX assassination

Tuesday may have been crypto's darkest day ever. Now what?

Fortune

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Sam Bankman-Fried quietly deletes his claim that FTX customer funds are safe

The future of client assets locked on crypto exchange FTX remains uncertain, with a Binance deal that can bail out the company depending on a closer look at the books.

Fortune

Crypto Crisis: Bitcoin Collapses By 17% and Sees No Hope

Cryptocurrency market drops 11% in 24 hours as questions about crypto firms' solvency mount.

The Street

Top Economist El-Erian Says 'Only Part Of Drama Has Come To Light So Far' In 'Incredible' FTX Saga

Allianz chief economic adviser and noted economist Mohamed El-Erian believes the whole FTX saga is incredible and that only part of it has come to light so far.

Benzinga

Why the Binance/FTX acquisition could be a big blow to crypto VC

Binance agreed to acquire rival FTX, and it could be bad news for the whole crypto venture space.

Fortune

Crypto Stocks In For Another Tough Day Amid FTX Crisis — Coinbase Plunges 5% Premarket

The collapse of Sam Bankman-Fried’s FTX cryptocurrency exchange and its subsequent bailout by Binance brought to the fore the vulnerability of digital currencies and related instit

Benzinga

FTX collapse gives crypto sector 'another black eye'

New York (AFP) - Even for a sector regularly rocked by bankruptcies, the collapse of FTX –- a cryptocurrency platform worth $32 billion at the beginning of the year -- came as a shock.

AFP

Asian shares mixed as market await vote results, price data

Asian shares are mixed as investors await the outcome of the U.S. midterm elections and a major inflation update due later in the week

The Independent UK

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Benzinga

Here's How Much Sam Bankman-Fried Lost In Wealth Tuesday — And How It Compares To Mark Zuckerberg's Rough 2022

One of the biggest names in cryptocurrency may have had one of the worst days as a billionaire, a status that could now be over.

Benzinga

Bitcoin, Ethereum, Dogecoin Crash: Analyst Says Crypto's 'White Knight' Needing Binance Rescue Causing 'Wave Of Uneasiness'

Major cryptocurrencies crashed Tuesday evening as the global cryptocurrency market cap plunged 10.4% to $916.2 billion at 8:09 p.m.

The Street

Tom Brady and Steph Curry Among Stars Caught up in Crypto Drama

Splashy endorsement and sponsorship deals by FTX now in doubt as cryptocurrency exchange seeks bailout from rival Binance.

Fortune

A Q&A in plain English about Binance's plan to buy FTX

Crypto has seen its fair share of crazy days. Tuesday may have been the craziest.

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AFP

Crypto kid Sam Bankman-Fried falls prey to Binance

Paris (AFP) - Sam Bankman-Fried has undergone a rapid transformation from top of the heap in the world of cryptocurrencies as chief of the FTX digital exchange to embattled executive forced to seek help from rival Binance.

The Street

Crypto Billionaires and CEOs Can't Be Trusted

The cryptocurrency industry is heading for a crisis of confidence, caused by the statements of one of its most influential players.

The Street

Coinbase Says It's in No Danger of Running Out of Cash

Fortune

Sam Bankman-Fried was the face of crypto in D.C. What would FTX’s acquisition mean for regulation?

Binance's power play sent shockwaves through Washington.

Investors Business Daily

Dow Jones Futures Fall: GOP Expected To Win House; Elon Musk Sells More Tesla Stock, Meta Slashes Jobs

Futures fell slightly. The GOP is likely to retake the U.S. House in midterm elections. Elon Musk sold more Tesla stock. Meta will slash jobs.

Benzinga

Analysis: A Tweet Just Cost Investors $153 Billion — How CZ May Have Tanked FTX, Crypto Before Acquisition

A feud between Sam Bankman-Fried and Changpeng Zhao is wreaking havoc on the cryptocurrency market over the last 24 hours.

The Street

Robinhood Collapses Following Difficulties of Savior

Shares of Robinhood, the brokerage, plummeted by 15% as FTX was acquired to save it from collapsing.

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