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The Latest Breaking News from Binance

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

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.

Benzinga

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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.

The Street

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.

Fortune

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.

AFP

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

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

The Street

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.

Fortune

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.

Investors Business Daily

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.

Benzinga

Robinhood Collapses Following Difficulties of Savior

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

The Street

Binance Emerges as Winner of Crypto Winter With Potential FTX Acquisition

Binance and FTX were two of the strongest companies coming out of a brutal summer for crypto, but now FTX is turning to Binance as it struggles with a “liquidity crunch.”

The Street

Crypto Is in Big Trouble Again

Crypto exchange FTX.com has agreed to sell itself to a competitor, confirming fears over its financial health.

The Street

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Investors Business Daily

Binance Passes On FTX Takeover, Bitcoin Rebounds On CPI Data

Binance will not buy FTX's non-U.S. operations as the exchange faces a liquidity crisis. Cryptocurrency prices rebound on Thursday CPI data

Investors Business Daily

Dow Jones Up On Election Day; These 'GOP Stocks' Gain As Donald Trump SPAC Falls; Bitcoin Dives On This

The Dow Jones was up on Election Day. A number of 'Republican stocks' gained but the Donald Trump SPAC fell. Bitcoin fell on an FTX buyout.

The Street

Crypto Investors Fearful of Larger Crash From FTX

FTX's downfall could signal a larger correction in the cryptocurrency market.

The Street

FTX.com Revives Fears of Crypto Crash

Cryptocurrency exchange FTX.com has agreed to sell to competitor Binance, 48 hours after speculation over its financial health.

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news in one place.

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Fortune

Crypto Twitter ablaze after Binance says it's buying FTX

Once considered crypto’s white knight, Sam Bankman-Fried just conceded to his biggest competitor.

The Guardian - UK

Binance to buy FTX in major cryptocurrency exchange merger

Public squabble between the two largest offshore exchanges’ bosses led to run on FTX and forced sale

The Independent UK

Crypto exchange Binance to buy rival FTX in apparent bailout

The cryptocurrency exchange Binance said it plans to buy its rival FTX Trading, in what appears to be a bailout of FTX

Evening Standard

Binance acquires crypto exchange FTX to tackle ‘liquidity crunch’

It comes just hours after FTX’s founder said the company “is fine” and hit back at reports of the firm’s instability as “false rumours”

Benzinga

Did The Bitcoin, Ethereum And Dogecoin Plunge Scare You? A Look At The Charts Ahead Of Marathon Digital Q3 Earnings

Bitcoin (CRYPTO: BTC) plunged about 5% between 9 p.m.

The Street

Crypto Shaken and Threatened By the Clash Between Two Billionaires

Sam Bankman-Fried and Changpeng Zhao are two of the best known faces in the crypto industry.

Fortune

Binance just acquired FTX in a shock crypto deal

The jaw-dropping deal comes after days of uneasy speculation about FTX's solvency.

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