November 9, 2022

Now Binance Will Not Acquire FTX – Deal Is Officially Dead!

FTT Tokens

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 […]

November 8, 2022

FTX’s Now Has Negative Bitcoin Balance

FTX Native cryptocurrency, the FTT Token

The recent dispute between two of the largest cryptocurrency exchanges in the world has severely impacted FTX’s Bitcoin balance. The market has become apprehensive about FTX’s liquidity since the dispute commenced. FTX saw a significant stablecoin liquidation, with $451 million transferred off its main platform in the previous week and $15 million withdrawn from its […]

November 7, 2022

Binance Slams FTX, Sells All Half-Billion Of Its FTT Tokens

A recent dispute between two of the major cryptocurrency exchanges has caused a serious impact on FTX’s token, FTT. This week, the CEO of Binance, the largest cryptocurrency exchange in the world, Zhao Changpeng, stated on Twitter that he had decided to sell all of the competitor FTX’s FTT tokens that remained in his possession. […]