Binance backs out of deal to buy FTX

The world’s largest crypto exchange by volume, Binance, said it would walk away from a deal with the third largest crypto exchange by volume, FTX.

Crypto’s biggest M&A deal, between Binance and FTX, looks unlikely to close

Crypto exchange Binance, the largest in the world by volume, signed a letter of intent Tuesday to purchase its troubled competitor, FTX, in what appears to be a potential bailout of the latter amid a

Will the FTX debacle scupper crypto venture deal-making?

The dramatic fall of FTX is taking with it more than just the paper wealth of one of crypto's most colorful players. It's hard not to wonder where venture goes next in web3.

Binance chief says FTX going down ‘not good for anyone’, warns of greater regulatory scrutiny

Binance founder and chief executive Changpeng Zhao says FTX “going down is not good for anyone in the industry,” and the ongoing episode has “severely shaken” the confidence of consumers, a da

Crypto giant Binance agrees to buy rival FTX amid ‘liquidity crunch’

Binance said Tuesday it has signed a letter of intent to acquire its most formidable rival FTX, delivering a surprising twist to days-long public spat between the world’s two largest crypto exch

Binance’s plan to acquire FTX is ‘real-life Game of Thrones’ as crypto winter winds blow

Binance has signed a letter of intent to buy its closest competitor, FTX, making huge waves in the crypto community after the CEOs of the exchanges engaged in a multiday public dispute on Twitter.

Here’s the rundown on the Binance and FTX fiasco

Binance and FTX faced off in recent days. But let’s take a few steps back -- what exactly happened?

Why the CEO of the world’s largest crypto exchange backed Musk’s Twitter buyout

Binance’s CEO and founder Changpeng Zhao made headlines outside his typical wheelhouse of web3 as an investor in Elon Musk’s Twitter buyout. Zhao, who put in $500 million, told an audience

‘CZ’ Zhao on why Binance bet big on Twitter despite Musk’s machinations

It’s hard to imagine committing to invest $500 million in someone’s vision for a company only to watch that individual almost immediately try to distance himself from it. But Changpeng &#8

Binance hit by $100 million blockchain bridge hack

Binance, the world’s largest cryptocurrency exchange, confirmed Thursday that hackers made off with at least $100 million, but that the figure could have been significantly more. The Binance blockch

Binance founder Changpeng ‘CZ’ Zhao shares his vision of web3 opportunities at TC Sessions: Crypto

When it comes to the decentralized world of crypto, few single entities loom larger or carry more weight in the industry than exchange behemoth Binance. The blockchain giant processed $34 trillion in

Binance CEO sees positive progress for crypto regulation, but it will be a ‘long process’

Binance CEO Changpeng Zhao, known as "CZ," said governments across the globe are making slow but "positive" progress toward regulating cryptocurrency.

Lido, Coinbase, Kraken and Binance stake majority of ETH. Does that matter?

Ahead of the Merge, the four entities make up over 60% of the staked ETH.

Crypto’s biggest powerhouse flexes on its competition

Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious. For our Thursday episode this week, we d

Daily Crunch: PSG, Battery Ventures invest $100M in open source password manager Bitwarden 

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Welcome to YC and Apple week

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. We are back on a Tuesday instead of a Monday thanks to an Amer

Binance to stop supporting USDC, the second largest stablecoin

Binance, the issuer of the world’s third-largest stablecoin, said on Monday it will convert customers’ holdings in three rival stablecoins USD Coin (USDC), Pax Dollar (USDP) and True USD (

A Tornado (Cash) flew around my room

It seems like there are always people butting heads in the crypto world, and this week was no different. Cryptocurrency mixer Tornado Cash was hit with sanctions by the U.S. and Binance and WazirX dis

Binance and WazirX disagree over ownership two years after announcing deal

Binance, the world’s largest crypto exchange by trading volume, said on Friday it doesn’t own India-based platform WazirX despite disclosing the acquisition two and a half years ago in a m

SEC spears ‘Crypto Crusaders’ over alleged pyramid scheme

U.S. regulators are seizing their moment during this ongoing crypto bear market to crack down on bad actors in the space as many investors are already souring on the asset class. The U.S. Securities a
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