The recent implosion of one of the largest global centralised cryptocurrency exchanges, FTX, has sent the cryptocurrency world spiralling. However, this is nothing new for Bitcoin, as despite this most likely being the worst black swan event in its infancy, it has survived multiple exchange implosions, deep bear markets and miscellaneous strict regulation.Continue Reading

Binance has announced this morning that it will be backing out of its plans to acquire FTX, the company said in a tweet on Thursday.Continue Reading

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