Binance
CZ Denies Report Binance Met With Middle East Investors for Crypto Recovery Fund
Binance CEO Changpeng "CZ" Zhao has been meeting with investors in Abu Dhabi, seeking cash for the exchange's crypto recovery fund, according to a Bloomberg report. However, Zhao tweeted a reply that the report was "false" shortly after. "The Hash" panel weighs in on the latest with the FTX contagion concern and Binance's initiative to contribute to the broader crypto industry.
Binance Labs Invests in Hardware Wallet Manufacturer Ngrave
Binance’s venture capital wing Binance Labs made a strategic investment in hard wallet manufacturer Ngrave. "The Hash" panel discusses Binance's strategy and the booming hard wallet business after the FTX fallout.
Crypto Exchange Binance Launching Recovery Fund to Help Rebuild Industry
Binance CEO Changpeng "CZ" Zhao says his exchange is setting up an industry recovery fund to help rebuild the industry, with support from Tron, Huobi Global and Poloniex. "The Hash" panel discusses Binance's latest initiative and what this could mean for the future of the crypto industry.
FTX US Warns of Possible Trading Halt; SBF Tweets: Well Played, You Won
Crypto exchange FTX US warned its users to close their positions as it might halt trading in the coming days. Plus, FTX CEO Sam Bankman-Fried tweets "Alameda Research is winding down trading" and wrote in an apparent dig to Binance, "Well played; you won."
Bitcoin Dips to 2-Year Low as Binance Backs Out of FTX Deal
Bitcoin (BTC) dropped to its lowest level in two years on Wednesday as traders processed the news that Binance retreated from an earlier plan to buy troubled exchange FTX. Citi’s Digital Asset Analyst Joe Ayoub discusses the performances of BNB and FTT tokens and other players affected by the FTX crisis. Plus, an outlook on the stumbling market.
Will This Contagion Spread?
Binance backs out, but could FTX still be saved? That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
