FTX

FTX

Markets

Crypto Markets Take a Wild Ride Following Surprise Binance/FTX Deal

Investors are seeking answers to a multitude of questions about the mega deal involving the two crypto exchanges. Will price volatility continue beyond Tuesday?

Changpeng Zhao ,CEO of Binance, at Consensus Singapore 2018 (CoinDesk)

Markets

FTX Token Falls 80% Despite Binance Bailout as Alameda Contagion Spreads to Bitcoin

FTT token's crash theoretically could wipe out billions from Alameda's balance sheet, deepening its financial woes, according to an analyst. Bitcoin fell to a 23-month low.

FTX's exchange token dropped to as low as $4 from $22 less than a day ago. (CoinDesk)

Finance

Coinbase Says No Exposure to FTT Token and Alameda, Minor Deposits at FTX

The publicly traded crypto exchange sought to reassure customers and investors during panicky conditions on Tuesday.

(Chesnot/Getty Images)

Markets

Alameda Thanked for ‘Prompt Response’ in Transferring $37M of BitDAO Tokens

The community behind BitDAO earlier feared that Sam Bankman-Fried's crypto trading firm might liquidate some of its token holdings as speculation sends prices plunging for the related FTX exchange's FTT tokens.

(Yuichiro Chino/Getty Images)

Opinion

The Story of Sam Bankman-Fried’s Backroom Deal With Binance’s CZ

Binance, after exacerbating a bank run on rival crypto exchange FTX, offered to buy out the jewel in SBF's crown.

FTX CEO Sam Bankman-Fried (Alex Wong/Getty Images)

Finance

El exchange FTX se queda con solo un bitcoin en su balance

El exchange FTX se queda con solo un bitcoin en su balance

El saldo de bitcoin de FTX casi llega a cero. (Shutterstock)

Markets

Binance Exchange's BNB Token Leads Broad Crypto Rebound After FTX Bailout Offer

The exchange token used within the Binance trading environment jumped 20%, leading a broad rebound in crypto markets that had been in free fall over acute speculation that the rival FTX exchange might be facing a rapid run on deposits.

BNB, Binance's token, jumped to as high as almost $400 to the news that Binance and FTX reached a deal. (TradingView)

Policy

FTX, Binance Deal Draws Antitrust Concern

Regulators have tough powers to stop mergers that quash competition

FTX CEO Sam Bankman-Fried and Binance CEO Changpeng "CZ" Zhao (CoinDesk)

Finance

Bitcoin, Crypto-Linked Equities Resume Falling Despite Binance/FTX Deal

Questions about the solvency of FTX were picking up speed on Tuesday morning until Binance announced a non-binding LOI to acquire the crypto exchange.

(Spencer Platt/Getty Images)

Finance

Exchange FTX acuerda ser vendido a su rival Binance en medio de temores sobre su liquidez

Los dos gigantes del mercado cripto firmaron una carta de intención no vinculante, según confirmó el CEO de Binance, Changpeng "CZ" Zhao, en Twitter.

(CoinDesk)