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The Latest Breaking News from FTX

Crypto Is in Big Trouble Again

Crypto exchange FTX.com has agreed to sell itself to a competitor, confirming fears over its financial health.

The Street

Binance Passes On FTX Takeover, Bitcoin Rebounds On CPI Data

Binance will not buy FTX's non-U.S. operations as the exchange faces a liquidity crisis. Cryptocurrency prices rebound on Thursday CPI data

Investors Business Daily

Dow Jones Up On Election Day; These 'GOP Stocks' Gain As Donald Trump SPAC Falls; Bitcoin Dives On This

The Dow Jones was up on Election Day. A number of 'Republican stocks' gained but the Donald Trump SPAC fell. Bitcoin fell on an FTX buyout.

Investors Business Daily

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Crypto Investors Fearful of Larger Crash From FTX

FTX's downfall could signal a larger correction in the cryptocurrency market.

The Street

FTX.com Revives Fears of Crypto Crash

Cryptocurrency exchange FTX.com has agreed to sell to competitor Binance, 48 hours after speculation over its financial health.

The Street

Crypto Twitter ablaze after Binance says it's buying FTX

Once considered crypto’s white knight, Sam Bankman-Fried just conceded to his biggest competitor.

Fortune

Binance to buy FTX in major cryptocurrency exchange merger

Public squabble between the two largest offshore exchanges’ bosses led to run on FTX and forced sale

The Guardian - UK

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Crypto exchange Binance to buy rival FTX in apparent bailout

The cryptocurrency exchange Binance said it plans to buy its rival FTX Trading, in what appears to be a bailout of FTX

The Independent UK

Binance acquires crypto exchange FTX to tackle ‘liquidity crunch’

It comes just hours after FTX’s founder said the company “is fine” and hit back at reports of the firm’s instability as “false rumours”

Evening Standard

Crypto Shaken and Threatened By the Clash Between Two Billionaires

Sam Bankman-Fried and Changpeng Zhao are two of the best known faces in the crypto industry.

The Street

Binance just acquired FTX in a shock crypto deal

The jaw-dropping deal comes after days of uneasy speculation about FTX's solvency.

Fortune

Binance To Buy FTX.Com, Cites 'Significant Liquidity Crunch'; Bitcoin Tumbles

"This afternoon, FTX asked for our help," said Binance CEO Changpeng Zhao. "There is a significant liquidity crunch."

The Street

Binance To Acquire FTX.com As It Faces 'Liquidity Crunch': Here Are The Early Details

Two of the leading cryptocurrency companies are merging in a deal announced Tuesday. Here are the early details.

Benzinga

Crypto exchange Binance to acquire rival FTX

The largest exchange in the world is buying a fast-growing competitor that faced a liquidity crunch.

Axios

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Benzinga

Perrigo, Tripadvisor, Lyft, And Some Other Big Stocks Moving Lower On Tuesday

U.S. stocks traded higher, with the Dow Jones gaining more than 400 points on Tuesday. Here are some big stocks recording losses in today’s session.

AFP

Global stocks move higher as US voters cast ballots

New York (AFP) - Global stock markets mostly moved higher on Tuesday as Americans headed to the polls in critical midterm elections.

Fortune

FTX-Binance feud puts crypto markets on edge

A fight between FTX and Binance has triggered a full-blown crisis.

Benzinga

The FTT Debacle: Want To Cash In? Here's What Experts Said After Binance Selloff

A day after Binance (CRYPTO: BNB) CEO Changpeng Zhao revealed he would offload all the FTT tokens in the company’s kitty, FTX’s native token (CRYPTO: FTT) nose-dived about 35%

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Fortune

Alameda-backed Fordefi raises $18M for DeFi wallet

Investors include Lightspeed Venture Partners, Jump Capital, and Castle Island.

Zenger

Binance To Dump All Holdings Of Bankman-Fried’s FTX Tokens

"We won't support people who lobby against other industry players behind their backs,” said Binance CEO.

Bangkok Post

Cryptocurrencies slide as concerns over FTX exchange rattle markets

SINGAPORE: Cryptocurrencies fell heavily on Tuesday and the native token of crypto exchange FTX collapsed by 15% as investors appeared to take fright at talk of pressure on FTX's financials.

Benzinga

Bitcoin, Ethereum, Dogecoin Subdued Ahead Of US Midterms: Analyst Sees Apex Coin Above $21K If This Party Wins

Bitcoin and Ethereum were above their respective key psychological levels on Monday evening as the global cryptocurrency market cap dropped 0.5% to $1.02 trillion at 8:46 p.m. EST.

Benzinga

Is CZ Spreading Rumors? Bankman-Fried Thinks So: Binance, FTX Drama Continues

FTX CEO Sam Bankman-Fried clapped back at rival Binance CEO Changpeng Zhao after the latter apparently threw shade at the billionaire via Twitter.

Fortune

The CEOs of Binance and FTX got into a Twitter feud. Here’s why

The CEO of Binance announced his exchange will sell off its FTX tokens for “risk management,” but there is more to the story.

Benzinga

FTX Stablecoin Is In The Works, Sam Bankman-Fried Says: Here's What We Know So Far

Cryptocurrency exchange FTX is working on creating a stablecoin, or a crypto token whose value is correlated with another asset, according to the company’s CEO Sam Bankman-Fried.

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