Binance To Acquire Live Updates: The crypto market crashed after crypto exchange FTX reached to Binance for help regarding the liquidity crunch it was facing. Binance CEO Changpeng “CZ” Zhao confirmed signing a non-binding LOI with FTX CEO Sam Bankman-Fried intending to fully acquire FTX.com.
Crypto markets fell amid the market-wide selloff. Bitcoin fell 7% and Ethereum plunges over 11% in the last 24 hours.
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2022-11-09T11:48:30+5:30
Crypto Markets Tumbles Amid Binance’s FTX Acquisition
Crypto markets saw market wide selloff following the news of liquidity crunch at FTX. Binance signed a non-binding LOI to acquire FTX. Bitcoin fell by 12% and Ethereum by a whopping 17% in the past 24 hours.
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2022-11-09T11:46:20+5:30
Sam Bankman Fried Confirms FTX Buyout Deal
After Binance CEO Changpeng Zhao confirmed that his company is planning to buy rival crypto exchange, FTX CEO Sam Bankman-Fried, confirmed that the deal and asking Binance for help with liquidity crunch.
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2022-11-09T11:40:23+5:30
Binance To Acquire FTX
Binance announced that it would acquire rival crypto platform FTX after Sam Bankman-Fried reached out to Binance CEO “CZ” for helping with liquidity crunch.
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