TRX Surges Over 600% Following Justin Sun’s Deal With FTX

Tron’s native token TRX has been seeing significant upside on the FTX exchange since the announcement of a potential deal that would allow users to withdraw funds. This deal is one of the only ones that have gone into effect since FTX began experiencing issues and it seems users are already taking advantage of it.

367 +

Online Investing Platform BnkToTheFuture Drops Plan to Acquire Crypto Lender Salt Lending Due to FTX Exposure

The deal fell apart just about two months after it was announced.

428 +

Voyager accepting new bids after FTX Exchange

Voyager Digital has called off its deal with FTX, and is set to liquidate its assets after FTX exchange also filed for Chapter 11 Bankruptcy.

410 +

Mercedes suspends sponsorship deal with FTX

Luxury automobile brand Mercedes has suspended its partnership with FTX; removes logos from F1 cars.

356 +

Miami HEAT Arena Balks at FTX Naming Rights, Ending 19-Year Deal Early

Miami-Dade County terminated its relationship with the exchange.

372 +

Bankrupt Crypto Lender Voyager Reopens Bidding Process Following FTX’s Collapse

Voyager Digital is ending the deal to sell itself to FTX US after the latter also declared bankruptcy on Friday.

516 +

How bullish is TRX after a withdrawal deal with FTX?

Right after the collapse of the FTX exchange, Tron (TRX/USD) and its associated tokens were gaining. That was after FTX controversially announced that users could withdraw Tron ecosystem tokens.

259 +

Binance CEO expects more regulatory scrutiny following FTX implosion

Binance CEO Changpeng Zhao said his firm backed out of the FTX deal because it did not make sense and the huge financial hole they would have had to cover. The post Binance CEO expects more regulatory scrutiny following FTX implosion appeared first on CryptoSlate.

445 +

Tron’s founder Justin Sun willing to provide FTX with billions in funding

According to Justin Sun, the founder of Tron, his company is ready to give billions of dollars in assistance to FTX.com should a deal to save the struggling cryptocurrency exchange go through.

401 +

Voyager hasn’t transferred any assets to FTX: UCC

Voyager’s Committee of Unsecured Creditors (UCC) has said that Voyager has yet to transfer any assets to FTX. The committee tweeted that the deal to have the bankrupt crypto lender sell its assets to Sam Bankman-Fried’s FTX has not been finalised.

719 +

FTX and TRON Have Launched a Highly Suspicious Withdrawal Scheme

Some FTX users can now withdraw their funds from the exchange, but only by surrendering 80% of the value of their portfolio to arbitrageurs. A Deal With the Devil FTX...

346 +

FTX and Tron Have Launched a Highly Suspicious Withdrawal Scheme

Some FTX users can now withdraw their funds from the exchange, but only by surrendering 80% of the value of their portfolio to arbitrageurs. A Deal With the Devil FTX...

569 +

FTX reaches out to Kraken for help as it scrambles for $9.4B bailout; Alameda owes exchange $10B

After Binance walked away from the FTX takeover deal, the cryptocurrency exchange has turned to Kraken for a possible bailout, Reuters reported, citing two people familiar with the development. The post FTX reaches out to Kraken for help as it scrambles for $9.

428 +

SEC Investigating Binance and Coinbase after FTX Implosion: WSJ

Binance has walked away from FTX acquisition deal

386 +

Crypto Stocks Continue Drop as Binance Walks Away from FTX Deal

Concerns around FTX's health along with the broader crypto ecosystem spilled into the stock market Wednesday.

361 +

FTX may be bankrupt as Binance pulls out

FTX may be bankrupt as Binance pulls out of the rescue deal.

369 +

Binance walks out of FTX deal after conducting due diligence

After signing a non-binding agreement to buy FTX yesterday, reports show that the Binance network has walked out of the deal. Reports show that a Binance exchange representative issued a public statement noting that FTX’s problems are too huge for…

443 +

A Failed FTX-Binance Deal Is ‘Catastrophic’ for Crypto Sector

Binance scrapping its acquisition of rival FTX could mean institutional investors deciding to pull some of their money out of the crypto industry.

489 +

Binance Walks Away From Deal to Acquire FTX

A spokesperson for the crypto exchange said FTX's issues "are beyond our control or ability to help."

593 +

Binance Likely to Ditch FTX Deal: WSJ Report

Binance has reportedly discovered a huge hole in FTX’s finances, according to a recent report by the Wall Street Journal

510 +

Binance Walking Away From FTX Deal After Seeing Books, Reports of Mishandling Funds

Binance is reportedly walking away from its deal to acquire FTX. Backout The world’s largest crypto exchange, which announced just yesterday that it would acquire the world’s second-largest exchange, is...

373 +

Binance-FTX Deal Will Bring Regulatory 'Scrutiny’ on Crypto Exchanges: Blockchain Association’s Kristin Smith

The executive director discusses why Bahamas-based crypto exchange FTX’s fall from grace is likely to “open up a more robust” debate surrounding regulation for exchanges going forward. U.S. Rep. Jim Himes also weighs in.

596 +

Could Binance back out of the FTX deal?

When Sam Bankman-FTX.com Fried’s was reportedly about to collapse, Changpeng Zhao quickly proposed to take over the company and stop any further cryptocurrency contagion. After only a few hours of due diligence, Binance executives saw themselves staring into a financial…

511 +

Binance's CZ Unveils 5 Points about FTX Situation, Here's What He Said

Binance CEO reveals intriguing details of FTX deal in letter to employees

382 +

Bitcoin Hits 2-Year Low Below $16K After Binance Backs Out of FTX Deal

Bitcoin's price fell as low as $15,625 Wednesday. It was the first time the largest cryptocurrency has fallen below $16,000 since November 2020. The BTC price was down 14% on the day, the biggest plunge in almost five months.

346 +

Binance CEO Zhao Says Planned FTX Acquisition Is Not a 'Win for Us'

Zhao also noted in a Wednesday memo to staff that Binance had stopped selling its holdings of FTX's tokens given the ongoing due diligence for the deal.

529 +

Midweek Update: FTX Shockwaves Continue

Industry insiders say the full impact of an FTX failure is becoming more clear, as Binance pulls out of a deal to rescue the failed exchange. US election results a "good day for democracy" according to President Biden, and may be for cryptocurrency too as new regulation looms in the US.

323 +

Circle’s USDC And Tether Affected By FTX Mayhem? CEOs Deny Rumors

Amidst the mayhem surrounding FTX and the Binance deal, there are currently numerous rumors circulating about possible contagion effects. If the takeover by Binance does not materialize, effects similar to the demise of Celsius and Terra Luna could loom.

441 +

No exposure to FTX, no plans to buy it - How Coinbase's CEO distanced himself

FTX’s acquisition deal with Binance is arguably the most significant story in the market since the collapse of Terra. Needless to say, this update has grabbed the attention of every stakeholder in tThe post No exposure to FTX, no plans to buy it - How Coinbase's CEO distanced himself appeared first on AMBCrypto.

581 +

SBF says FTX is ‘in the best of hands’ after Binance news

FTX founder Sam Bankman-Fried has said the cryptocurrency exchange is “in the best of hands”, hours after announcing a deal for its acquisition by competitor Binance. The breaking crypto news today that Binance had agreed to buy FTX.

388 +

FTX Token, BNB and Solana soar after Binance CEO inks potential deal to acquire FTX

SOL and FTX Token saw a sharp rebound after headlines that Binance would acquire FTX due to liquidity issues, but will the upside last?

405 +

Binance to Acquire FTX.com

The world’s largest crypto exchange has struck a deal to acquire the world’s second-largest exchange. Buyout After days of butting heads on Twitter amid rumors of financial troubles at FTX...

295 +

Customers of Bankrupt Crypto Lender Voyager Could Recover 72% of Their Funds if FTX Sale Is Approved: Report

A judge still needs to approve a bankruptcy payout plan and the company could still scrap the deal in favor of a higher bid.

264 +

Customers of Bankrupt Crypto Lender Voyager Could Recover 72% of Their Funds if FTX Sale is Approved

A judge still needs to approve a bankruptcy payout plan and the company could still scrap the deal in favor of a higher bid.

354 +

FTX partners with Visa, BNB Chain suffers exploit and Elon Musk returns to $44B Twitter deal: Hodler’s Digest, Oct. 2-8

387 +

Sam Bankman-Fried sheds light on how FTX would approach a Celsius bid

The FTX founder said the company paid the “fair market price” for Voyager’s assets and would look to do the same in a deal for Celsius' assets.

395 +

FTX’s Sam Bankman-Fried Was Interested In Joining Elon Musk To Buy Twitter, Bombshell Texts Reveal

A series of text messages released as part of ongoing litigation over Elon Musk’s failed Twitter deal reveals CEO of crypto exchange FTX, Sam Bankman-Fried, was willing to contribute up to $5 billion toward jointly acquiring the social media giant.

484 +

Sam Bankman-Fried reportedly intended to join the Twitter deal in March

The FTX owner’s advisor unsuccessfully inquired Elon Musk about joining the acquisition deal.

439 +

FTX CEO's Advisor Texted Elon Musk About Buying Twitter

Discussions about the deal never got off the ground, according to recently revealed text messages

422 +

Crypto Giant FTX Eyes Raising Money to Fund Acquisitions: Source

Sam Bankman-Fried’s exchange is raising capital as it considers a retail-focused deal, a person familiar with the matter said.

403 +

FTX Acquires A 30% Stake in Scaramucci’s Skybridge Capital

FTX Ventures, a multi-stage Venture capital fund, has bought a 30% stake in Antony Scaramucci-helmed Skybridge Capital. According to a Friday announcement, apart from the acquisition, FTX ventures also undertook to avail Skybrige of additional working capital “to fund its growth initiatives and new product launches.

582 +

What Do We Know About Crypto Exchange FTX And Skybridge’s Recent Deal

Crypto exchange FTX’s venture arm has planned on buying a 30% stake in Skybridge Capital. Skybridge Capital is a hedge fund which was founded by Anthony Scaramucci. The amount for which the deal was closed has not been disclosed as of yet.

472 +

FTX acquires 30% stake in Scaramucci’s SkyBridge Capital

Despite the crypto bear market, several companies continue to build and reset. One hot crypto news story this Friday is that crypto exchange FTX has struck yet another deal with a major crypto player, taking a 30% stake in SkyBridge Capital, an investment firm founded by Anthony Scaramucci.

338 +

Coinbase employee accused Cobie of spreading insider trading claim because of FTX

Coinbase employee Pete Kim has accused prominent crypto influencer Cobie of spreading insider trading claims against  Coinbase because of his partnership deal with FTX. The post Coinbase employee accused Cobie of spreading insider trading claim because of FTX appeared first on CryptoSlate.

355 +

BlockFi Could Be Acquired by FTX.US for Only $15M: Report

A new report indicates that the floor price for FTX.US acquisition deal with BlockFi lies at $15 million, a price tag that may rise depending on performance. From $4.8 Billion...

398 +

Crypto.com and FTX Bet Big on Stadium Naming Rights Before the Crypto Crash. What Happens if They Can’t Afford to Pay?

The glamour of a stadium naming deal can turn sour - just ask Enron. Here’s how a deal might unwind if things go bad.

426 +

BlockFi To Raise Deposit Rates From August 1st

Following on from its $400 million revolving credit deal with FTX, BlockFi has announced that from August 1st it will be increasing the yield it offers for deposits on several major stablecoins and cryptocurrencies.

302 +

Is FTX Proposal Offering Voyager Customers a Good Deal? One Bankruptcy Expert Weighs In

Thomas Braziel, a partner at investment firm 507 Capital joined CoinDesk TV’s “First Mover” to discuss whether customers are getting the best deal from crypto trading platform FTX and why it could be best for Voyager Digital customers to weigh their options.

458 +

FTX Mulls Buying Top South Korean Exchange Bithumb

Leading crypto exchange FTX is reportedly negotiating a potential acquisition of top South Korean exchange Bithumb. No deal has been confirmed as of yet. Advanced Talks Sam Bankman-Frieds crypto empire...

501 +

FTX willing to use $2B in cash to bail out crypto industry, stop contagion

FTX has “enough cash on hand to do a $2 billion deal if necessary” to help support the crypto industry through difficult times, CEO Sam Bankman-Fried told Reuters. The post FTX willing to use $2B in cash to bail out crypto industry, stop contagion appeared first on CryptoSlate.

523 +