Binance News
Binance Reveals Holdings Data of 6 Coins Totaling Over $70 Billion
Binance has a total of $70 billion worth of cryptocurrencies.Coinbase (with $27 billion) and Bitfinex (with $20 billion) are the subsequent largest holders.Despite the current…
Binance Decides to Back Out from the FTX Acquisition Rescue
Binance is abandoning its plans to acquire FTX.Binance cited that FTX mishandled customer funds and is alleged to investigate.FTX, valued at $32 billion early this…
Binance-FTX Purchase Aftermath: Bitcoin Hits New Low Since 2020
Binance to buy rival cryptocurrency exchange FTX.Bitcoin fell below $19,000 at a 10% loss after the announcement.Major cryptos dropped in value including ETH losing 15%…
CEO SBF Opens up After Binance Agrees to Acquire FTX
SBF breaks silence on FTX being acquired by Binance.The financial terms of the transaction have not been determined.Zhao signed a non-binding LOI to fully acquire…
The Face-off between Binance and FTX Crypto Exchanges Explained
Binance is liquidating its whole FTT token holding as an exit risk management.Investigative reports revealed that FTX’s balance sheet contains FTT tokens with fewer independent…
Binance To Liquidate Its FTX Tokens As Post-Exit Risk Management
Changpeng Zhao announced that Binance would be liquidating all of its FTT holdings.Zhao confirmed that the move was a part of Binance’s plan to exit…
Binance to Bridge the Financial World and Crypto via Acquisition
Changpeng Zhao said Binance might acquire traditional banks to bridge with the crypto industry.The Exchange believes it is a clever move to capture some of…
Binance CEO Instructs Team to Monitor In-flow from Hacked Exchange
Deribit derivative crypto exchange was hacked and lost over $28 million.Binance CEO asked his backend team to monitor and freeze funds from the attacked sources.The…
Binance Plans a Team to Solve Twitter Bolt Crisis via Blockchain
Binance is assembling a crew to solve Twitter bot issues via an on-chain solution. The crypto community thinks DOGE may become an official utility token on…
Binance CEO To Stick To $500M Backing Of Elon Musk’s Twitter Deal
Binance CEO will financially back Elon Musk’s Twitter purchase.Changpeng Zhao promised to put $500 million toward Musk's Twitter bid.Musk plans to make Twitter more decentralized.…
