@MyHero
more from that month
News 101: Binance Signs Deal to Acquire FTX Exchange Crypto exchange Binance signed a nonbinding agreement to acquire rival crypto exchange FTX. Binance CEO Changpeng CZ Zhao Tweet: https://twitter.com/cz_binance/status/1590013613586411520 Sam Bankman-Fried Tweet about selling FTX to binance as a strategic transaction: https://twitter.com/SBF_FTX/status/1590012124864348160 Notes: - December 2019: Binance invested in FTX. It also purchased long positions in FTT, FTX's native crypto token. - July 2021: Binance sells/exits its stake in FTX. Binance received the equivalent of $2.1 billion in Binance's stablecoin (BUSD) and FTT. Sources: - https://bitpinas.com/business/breaking-binance-signs-deal-to-acquire-ftx-exchange/ - Reuters and Fortune Websites
6 comments
Now FTX can't withdraw the crypto coin.....
ahaha that makes sense. But FTX is almost down
Well but this transaction brought a drop in almost all coins the btc is down almost $2000 in losses compared to yesterday.
Yes, I saw in the article of cointelegraph that crypto is down because of investor fears over FTX's solvency. Its crypto price crash. Ouch
End of a great rivalry. Unfortunately crypto is 1 step ahead to more centralization
exactly about centralization. and Looks like binance will buy almost of the crypto exchanges. joke ahaha xD