Binance FTX deal

Indian cryptocurrency investors are in a tizzy as the chaos in the market caused popular coins like Bitcoin, Ethereum, and Ripple to fall more after Binance withdrew its offer to buy troubled exchange FTX. Binance said that it was walking…

It was a stunning fall for a celebrated executive who was leading the crypto industry's charge into the mainstream of finance. Over the past two years, Sam Bankman-Fried, a 30-year-old entrepreneur, built a crypto exchange called FTX into a…

Cryptocurrency prices plunged for a second-straight day after crypto exchange Binance said it was pulling out of a deal to purchase failing rival FTX Trading. Bitcoin sank to a two-year low after Binance confirmed earlier rumors and…

Cryptocurrencies extended declines as Binance’s potential takeover of FTX highlighted how strains in the industry are now buffeting some of its top players. Cryptocurrencies extended declines as Binance's potential takeover of…

Cryptocurrencies were jittery and groping for a floor on Wednesday, after a sharp and broad drawdown when nerves about the stability of exchange FTX turned to a rush of withdrawals and ultimately a bailout deal from bigger rival Binance.…