binance Binance Agrees to Acquire Struggling Rival FTX Amid Liquidity Crisis Cryptocurrency exchange Binance signs a non-binding agreement to purchase FTX after the rival platform faces a severe liquidity crunch. The pending deal excludes FTX's U.S. division and comes following a CoinDesk report questioning the financial stability of FTX's corporate sibling.
crypto Crypto Market Tumbles as Binance Moves to Rescue Rival FTX Major cryptocurrencies and crypto-related stocks experience significant declines as Binance agrees to acquire FTX's non-U.S. operations amid a severe liquidity scare.
ftx FTX Token Crashes 80% as Binance Moves to Acquire Struggling Rival FTX's native token loses over $2 billion in value overnight as Binance announces a nonbinding deal to acquire the exchange's non-U.S. operations amid a severe liquidity crunch.
ethereum Four Crypto Giants Control Majority of Staked Ethereum Ahead of Merge As Ethereum nears its transition to proof-of-stake, data reveals that Lido, Coinbase, Kraken, and Binance collectively control over 60% of all staked ETH, sparking centralization concerns.
binance Binance Hackers Steal $40 Million in Bitcoin from Major Crypto Exchange Hackers steal over $40 million in bitcoin from Binance after bypassing existing security checks with a highly coordinated attack. The exchange covers all user losses through its secure fund while it investigates the breach.
binance Binance Loses $40.7 Million in Bitcoin Through Coordinated Cyberattack Hackers steal 7,000 bitcoin from major crypto exchange Binance by exploiting API keys and two-factor authentication codes. The company covers the $40.7 million loss using its emergency insurance fund without impacting user accounts.