The Latest Breaking News from Binance

Crypto assets are infamous for being highly speculative and volatile, but it is their “debt problems” that have once again made headlines. Since November 2021, the total value of cryptocurrencies has now fallen from a peak of over US$3 trillion (£2.6 trillion) to circa US$830 billion (£706 billion).

Ontario Teachers' Pension Plan, Canada's third-largest pension fund, was also an investor in FTX, the popular cryptocurrency exchange that filed for bankruptcy on Friday. The pension fund invested $75 million in FTX International and its U.S. entity, FTX.US, in October ...

Embattled cryptocurrency exchange FTX, short billions of dollars, is seeking bankruptcy protection following its collapse this week

NFT collections are so far resisting headwinds from the collapse of the FTX and Binance acquisition deal after prices fell steeply in the immediate aftermath.

FTX, a major cryptocurrency exchange, just filed for Chapter 11 bankruptcy after a turbulent week.

Tron is prepared to pump in billions to rescue beleaguered cryptocurrency exchange FTX, the company’s founder Justin Sun said on Friday.

FTX could close its U.S. operations within days, the group warned late Thursday, as it scrambles to find around $9 billion to save the collapsing crypto-trading empire of Sam Bankman-Fried.

Not long ago, FTX was one of the world’s largest trading platforms for cryptocurrencies. Founded in 2019, the Bahamas-based crypto exchange had a meteoric rise to prominence, and was valued at more than US$30 billion earlier this year.

One of the most successful VC firms of all time invested in FTX in July 2021, when it was valued at $18 billion.