The frenzy that swept the crypto market at the start of the week destroyed the world’s most famous former couple. In June of last year – Tom Brady and his (then) wife Gisele Bündchen – announced a multi-million dollar partnership with FTX receiving a promotional prize in exchange for becoming brand ambassadors. Despite not stating […]
Category: News
November 10, 2022
November 9, 2022
Bitcoin Sees A Big Loss As FTX Deal Fails
For the second day in a row, Bitcoin (BTC) and Ethereum (ETH) are down roughly 12% after Binance declared that it will no longer seek to purchase its competitor FTX. Many attribute this most recent downfall to the recent dispute between Binance and FTX. Earlier this week, Binance, the world’s largest cryptocurrency exchange, sold its […]
November 9, 2022
Now Binance Will Not Acquire FTX – Deal Is Officially Dead!
According to recent reports from Coindesk, Binance is having second thoughts about going through with the acquisition of its rival exchange, FTX. Last week, Binance’s CEO Changpeng Zhao announced on Twitter that the exchange would start liquidating the assets correlated to FTX, including its native token FTT. This measure resulted in catastrophic losses for the […]