EXCLUSIVE: Binance Exec Says It Only Took 2 Hours To Know FTX Deal Was Dead — ‘We Were Between A Rock And A Hard Place’
Binance was in talks to acquire FTX for less than a single day. It turns out it only took the Binance team two hours to back out of the deal.
Binance Hires Trump’s Former Audit Firm To Verify Cryptocurrency Reserves
Binance (CRYPTO: BNB) has appointed accounting firm Mazars to verify its proof of reserves (PoR), weeks after the collapse of Sam Bankman-Fried's
BNB Chain Creators Can Now List Their NFTs On OpenSea
Binance (CRYPTO: BNB) Chain will incorporate its non-fungible tokens (NFT) onto NFT marketplace OpenSea's Seaport protocol.
Litecoin And 4 Other Cryptos That Rallied 20% Or More This Week Even As Bitcoin Flatlined
The cryptocurrency market remained subdued in the past week, despite the stock market notching gains. In addition to market-wide concerns about the economy and interest rates, the crypto space is stymied by the developments in the FTX saga.
Binance Pledges An Additional $1B For Its Crypto Recovery Fund: What Investors Need To Know
Cryptocurrency exchange Binance has pledged another $1 billion towards its industry recovery fund, increasing the total amount of the fund to $2 billion, according to its CEO Changpeng Zhao.
Sequoia Capital To Improve Due Diligence After FTX Crypto Exchange Fiasco
After writing off its entire investment in the crypto exchange FTX (FTT/USD), Sequoia Capital apologized to its fund investors for the $150 million it lost.
CZ, You’re Invited To Speak At Benzinga’s Future Of Crypto Event On Dec. 7 In NYC
Changpeng Zhao, commonly referred to as “CZ”, has emerged as one of the most prominent figures in crypto after the FTX bankruptcy and Sam Bankman-Fried’s demise.
FTX Hacker On The Run, Splits 180,000 ETH Across 12 New Wallets To Confuse Investigators
The hacker behind the FTX exploit has been spotted yet again trying to move the funds to several wallets, in the hopes of liquidating them.
Examiner Says Bankrupt Crypto Firm Celsius Failed Control Set Ups To Track Customer Funds
The Independent examiner appointed for Celsius Network LLC's chapter 11 case said that the company failed to set up proper accounting and operational controls.
The examiner found that Celsius hadn't developed a separate infrastructure for the custody program, which it started offering in April.