FTX
Binance Unlikely to Complete FTX Takeover After First Glance at Books: Source
CoinDesk reports that cryptocurrency exchange giant Binance is highly unlikely to go through with its proposed acquisition of struggling rival FTX after less than a day of reviewing the company, according to a person familiar with the matter. "The Hash" panel discusses the potential outcomes and regulatory impact worldwide.

Mga Regulator ng US na Sinusuri ang FTX Pangangasiwa ng mga Pondo ng Customer: Bloomberg
Itinanggi ng FTX chief na si Sam Bankman-Fried na ang mga pondo ng customer ay muling namumuhunan sa isang tinanggal na tweet na nai-post noong Lunes.

Blockchain Association's Kristin Smith on Binance's Proof-of-Reserves Pledge
Crypto exchange Binance founder Changpeng "CZ" Zhao urged industry players to provide "proof-of-reserves" on the heels of a proposal to acquire rival FTX. Kristin Smith of the Blockchain Association, a Washington, D.C.-based lobbying group, weighs in, saying it's "a good idea... but it's nothing that U.S. exchanges, at least the major ones, aren't already doing."

Karamihan sa Legal at Compliance Team ng FTX ay umalis: Ulat
Ang Semafor, isang organisasyon ng balita kung saan namuhunan ang Sam Bankman-Fried ng FTX, ay binanggit ang mga taong pamilyar sa bagay na ito.

Binance-FTX Deal Will Invite 'Scrutiny' Into Regulation of Exchanges: Blockchain Association's Kristin Smith
"What happened with FTX may not be able to be addressed by U.S. regulation," says Blockchain Association Executive Director Kristin Smith. But, she adds that Congress is still very interested in finding a way to regulate the spot markets. The potential Binance-FTX merger "is going to open up more robust debate around exchange regulation."

Bitcoin Falls to $17K Level on FTX Contagion Fears
"Sam Bankman-Fried was very much the Jamie Dimon of crypto," says Defiance ETFs CEO Sylvia Jablonski. "When you see a major player on what feels like the verge of collapse ... it destroys the confidence of investors," she adds, explaining bitcoin (BTC)'s fall to $17,000 following the news of a potential Binance-FTX merger.

Rep. Jim Himes Reacts to FTX Fallout
Newly re-elected Congressman Jim Himes reacts to the possible Binance takeover of FTX, given Sam Bankman-Fried's role as a large donor in this election cycle. "He spent a lot of time on Capitol Hill in a really important role ... educating the Congress," Himes says of Bankman-Fried. Plus, Himes compares the FTX fallout to the "ultimate meltdown" of the internet in the early 2000s.

What the Proposed FTX-Binance Deal Means on Capitol Hill
Crypto exchange Binance agreed to buy FTX after its rival suffered a liquidity crisis. Kristin Smith of the Blockchain Association, a Washington, D.C.-based lobbying group, discusses the impact of the potential sale on Capitol Hill and how it could shape the future crypto regulation.

Bitcoin Tumbles Following FTX’s Liquidity Crisis
Bitcoin (BTC) dipped 10% and ether (ETH) 17% in the past 24 hours as traders reacted to speculations around prominent exchange FTX’s liquidity issues. Defiance ETFs CEO, CIO, and co-founder Sylvia Jablonski discusses her outlook on the tumbling market.

