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November 8, 2022
In an unexpected twist, Binance revealed on Wednesday that it has entered into a letter of intent to acquire FTX. The past 48 hours have been tumultuous for the industry, witnessing clashes between the two exchanges and their respective CEOs, resulting in an “exchange war.” For further details, click here. Initially, as the world’s largest...
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CEO of Binance, Changpeng Zhao (CZ), has asserted that Binance will be slowly, but surely, offloading and liquidating its holdings in FTT, the native token for its rival exchange, FTX.
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