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BUSINESS

Binance Walks Away From FTX Acquisition

Namcios -
The world’s largest exchange said on Wednesday that it will not pursue the potential acquisition of Sam Bankman-Fried’s FTX.
LEGAL

US Investigating FTX Empire Over Handling Of Customer Funds: Report

Namcios -
US regulators are investigating whether Sam Bankman-Fried’s FTX properly handled client funds following the exchange’s liquidity crunch, Binance acquisition.
BUSINESS

FTX Exchange Set To Be Acquired By Binance Following Liquidity Crisis

Shawn Amick -
Following a liquidity crunch, FTX reached out to Binance to solve its liquidity issues through acquisition to keep FTX customers whole.
MARKETS

The Exchange War: FTX Faces Liquidity Crisis

Dylan Leclair And Sam Rule -
The exchange war has begun. The Binance CEO publicly dukes it out with the FTX co-founder as rumors of FTX and Alameda Research financial distress fly.
BUSINESS

Nigeria To Establish Special Economic Zone For Bitcoin, Crypto

Shawn Amick -
The NEPZA is in discussions with Binance and Talent City to establish a special economic zone for bitcoin and cryptocurrencies in West Africa.
BUSINESS

Philippine Universities Team Up With Binance To Offer Bitcoin, Crypto Courses

Shawn Amick -
Binance is also working with Philippine regulators to establish a framework to encourage Bitcoin and crypto adoption in the country.
BUSINESS

Binance And Mastercard To Launch Bitcoin Rewards Card In Argentina

Shawn Amick -
Users of Binance card can earn up to 8% cashback on purchases and bill payments through Mastercard’s vast network of over 90 million merchants worldwide.
MARKETS

Bitcoin Leaving Exchanges Hits An All-Time High

Dylan Leclair And Sam Rule -
June was the largest outflow month for bitcoin leaving exchanges, bringing the remaining balance across exchanges to about 2.4 million bitcoin.
BUSINESS

Binance Removes Bitcoin Trading Fees In Fifth Anniversary

Namcios -
The world’s largest cryptocurrency exchange will squash spot bitcoin trading fees starting July 8 as it celebrates its fifth year of operation.
MARKETS

Bitcoin Continues To Flow Out Of Exchanges

Dylan Leclair And Sam Rule -
Bitcoin is quickly leaving exchanges at a rate not seen in years, with almost 80,000 bitcoin being moved off platforms over the last 30 days.
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