All by tag: Binance

What led to the lightning collapse of the exchange, and how events will unfold in the future

Changpeng Zhao urged companies not to use native tokens as collateral and not to take loans in general

Sam Bankman-Fried’s fortune has collapsed by 93%

In addition, Huobi and TRON will exchange tokens for affected FTX exchange customers

FTX users have withdrawn over $6 billion from the platform in the last 72 hours

The exchanges have concluded a strategic deal

What consequences the market will face and how cryptocurrency prices will react

Representatives of the exchange did not report on the reasons for this decision

Before that, the wallets were inactive for 491-866 days

Earlier, Alameda offered Changpeng Zhao to buy out all FTT on the over-the-counter market at the rate of $22

After the statement of the exchange’s head Changpeng Zhao, about 23 million coins worth $584,8 million were transferred from an unknown wallet to Binance

The hardware wallet manufacturer has begun a partnership with the Binance crypto exchange