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The Latest Breaking News from Changpeng Zhao

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

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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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

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.

The Street

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

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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

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.

The Street

Binance To Buy FTX.Com, Cites 'Significant Liquidity Crunch'; Bitcoin Tumbles

"This afternoon, FTX asked for our help," said Binance CEO Changpeng Zhao. "There is a significant liquidity crunch."

The Street

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.

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%

Benzinga

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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

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.

Reuters

Exclusive-Crypto exchange Binance helped Iranian firms trade $8 billion despite sanctions

Crypto giant Binance has processed Iranian transactions with a value of $8 billion since 2018 despite U.S. sanctions intended to cut Iran off from the global financial system, blockchain data show.

The Guardian - UK

Twitter may ‘halve its workforce’ as key investor backs job cuts

Reports suggest new owner Elon Musk aims to lose 3,800 roles of 7,500 staff with workers to be told as soon as Friday

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AFP

Twitter could face crypto makeover, billionaire investor hints

Lisbon (AFP) - Social media platform Twitter could become much more entwined with cryptocurrencies and blockchain in the future, one of the backers of Elon Musk's $44 billion takeover hinted on Wednesday.

AFP

Plea from Ukraine first lady kicks off annual tech summit in Portugal

Lisbon (AFP) - One of the world's biggest tech conferences will get going in Lisbon on Wednesday, after Ukraine's first lady formally opened the event by urging participants to use their skills to save lives rather than end them.

The Street

Why Binance Made a $500 Million Investment In Musk's Twitter Takeover

Ross Mac, host of Maconomics, gives his thoughts on what the

Benzinga

Binance CEO: This Country's Pilot CBDC Program Will Be Implemented On BNB Chain

Binance CEO and co-founder Changpeng Zhao confirmed that the National Bank of the Republic of Kazakhstan (NBK) will integrate its central bank digital currency (CBDC), on the BNB Chain, the underlying blockchain of the Binance network.

AFP

Crypto scammers make off with $100 mn from Binance

Paris (AFP) - Scammers stole cryptocurrency worth roughly $100 million from Binance, the world's biggest exchange for cryptoassets, the firm said on Friday.

Evening Standard

Hacker steals £140 million from crypto firm Wintermute

Binance CEO Changpeng Zhao offered his assistance to the company

The Street

President Biden Gives Crypto a Bitter Taste of What Lies Ahead

The crypto industry has been operating without clear and strict rules. That may be changing.

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