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The Latest Breaking News from Binance

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

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

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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

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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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

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

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

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.

Fortune

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 Guardian - 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

The Independent UK

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”

Evening Standard

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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.

Fortune

Binance just acquired FTX in a shock crypto deal

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

Benzinga

Binance To Acquire FTX.com As It Faces 'Liquidity Crunch': Here Are The Early Details

Two of the leading cryptocurrency companies are merging in a deal announced Tuesday. Here are the early details.

Axios

Crypto exchange Binance to acquire rival FTX

The largest exchange in the world is buying a fast-growing competitor that faced a liquidity crunch.

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Fortune

FTX-Binance feud puts crypto markets on edge

A fight between FTX and Binance has triggered a full-blown crisis.

Benzinga

The FTT Debacle: Want To Cash In? Here's What Experts Said After Binance Selloff

A day after Binance (CRYPTO: BNB) CEO Changpeng Zhao revealed he would offload all the FTT tokens in the company’s kitty, FTX’s native token (CRYPTO: FTT) nose-dived about 35%

Zenger

Binance To Dump All Holdings Of Bankman-Fried’s FTX Tokens

"We won't support people who lobby against other industry players behind their backs,” said Binance CEO.

Benzinga

Bitcoin, Ethereum, Dogecoin Subdued Ahead Of US Midterms: Analyst Sees Apex Coin Above $21K If This Party Wins

Bitcoin and Ethereum were above their respective key psychological levels on Monday evening as the global cryptocurrency market cap dropped 0.5% to $1.02 trillion at 8:46 p.m. EST.

Benzinga

Is CZ Spreading Rumors? Bankman-Fried Thinks So: Binance, FTX Drama Continues

FTX CEO Sam Bankman-Fried clapped back at rival Binance CEO Changpeng Zhao after the latter apparently threw shade at the billionaire via Twitter.

Fortune

The CEOs of Binance and FTX got into a Twitter feud. Here’s why

The CEO of Binance announced his exchange will sell off its FTX tokens for “risk management,” but there is more to the story.

Evening Standard

Santander limits Bitcoin payments amid fresh crackdown on customer crypto spending

The bank joins the likes of Lloyds, Barclays and RBS who have imposed a range of new measures to restrict crypto activity

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