FTX to Be Acquired by Binance, Revealed in Unexpected Letter of Intent FTX, in an unexpected twist, was announced by Binance on Wednesday to be acquired through a letter of intent. The past 48 hours have been tumultuous for the industry, witnessing clashes between the two exchanges and their respective CEOs, resulting in an “exchange...Continue Reading

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.Continue Reading