Binance chief says FTX bailout deal ‘didn’t make sense’
Changpeng Zhao, founder of the world’s largest crypto exchange, said its earlier pledge to acquire FTX fell through partially due to regulatory concerns.
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Could FTX woes bring on another crypto freeze resembling Terra-Luna?
Crypto exchanges and lending platforms are starting to use the dreaded F word for Freeze amid worries about the possible collapse of FTX.com, part of one of the world’s biggest cryptocurrency trading networks.
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FTX Japan resumes withdrawals, FTX Turkey firms up plans
FTX Japan, the Japanese arm of the embattled crypto exchange FTX.com, said on Friday it has resumed yen withdrawals after the country’s Financial Services Agency (FSA) ordered the exchange on Thursday to suspend operations and put together a “business improvement plan.”
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Shark Tank’s Kevin O’Leary says ‘FTX still has value,’ its story still being written
While FTX’s cash crunch has rattled global markets and investors, a White Knight investor could quickly turn the tide for the company, O’Leary told Forkast in an interview.
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Markets: Bitcoin, Ether prices rise as crypto market shows sign of pick-up
Bitcoin and Ether strengthened in Friday afternoon trading in Asia, reversing some of Wednesday’s and Thursday’s sharp losses. All other top 10 cryptocurrencies by market capitalization, excluding stablecoins, also increased.
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FTX liquidity crunch leads to contagion fears; Friday updates and running commentary
The following is a running compilation of views and comments on the possible short- and long-term outcomes of FTX’s liquidity crunch.
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U.S. regulators reportedly talking with Binance over failed FTX bail out
US regulators want to know more about what Binance discovered when it took a look at FTX’s books, and then canceled a bailout deal.
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California financial regulator launches probe into FTX
The state of California has launched an investigation into the ‘apparent failure’ of crypto asset platform FTX.
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Markets: Bitcoin, Ether gain in crypto market rebound off slowing U.S. inflation
Bitcoin rose on Friday in Asia along with Ether and most other major tokens, reversing a three-day slump as the Consumer Price Index (CPI) released Thursday showed inflation in the U.S. slowed in October.
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FTX assets frozen by Bahamas securities regulator
The Securities Commission of the Bahamas has frozen assets of FTX and related parties, and has suspended its registration.