CZ Binance rejects Alameda’s offer for its FTT holdings
The CEO of cryptocurrency exchange Binance, also known as CZ Binance appeared uninterested in Alameda Research’s offer to purchase Binance’s FTX Token FTT holdings. Binance CEO reacted on Twitter on November 7 to an inquiry asking if he would accept Alameda Research CEO Caroline Ellison’s offer to purchase Binance’s FTT holdings for $22 per token. […]
Binance to sell off all of its FTX Token holdings
Binance CEO Changpeng Zhao cited “recent revelations” as the basis for the liquidation, stating the sale of FTX tokens might take months. Changpeng “CZ” Zhao, the CEO of cryptocurrency exchange Binance, announced that his company would liquidate all of its holdings in FTX Token, the native token of rival exchange FTX. Zhao stated that the […]
SBF contributes significantly to US midterm elections
According to Open Secrets, SBF reportedly spent approximately $40 million primarily supporting Democrats during the current election campaign. Before the 2022 midterm elections, crypto millionaire and FTX creator , Sam Bankman-Fried acknowledged being a “major donor” to both sides of the political aisle. SBF informed his Twitter followers that he had contributed to electoral campaigns […]
FTX CEO Confirms “Stablecoin” Plans
Sam Bankman-Fried, CEO of Crypto exchange FTX, aims to develop the company’s own stablecoin to increase user numbers. Crypto exchange FTX is creating its own stablecoin, CEO Sam Bankman-Fried confirms in an interview with The Big Whale, He declined the possibility of buying Robinhood as well. In addition, SBF disclosed its intentions for the downturn, […]
FTX to give phishing victims ‘one-time’ compensation
Cryptocurrency exchange FTX has stated that it will give a one time $6 million in compensation to those who lost money as a result of a phishing scam on the accounts of some FTX users. Sam Bankman-Fried, the founder and CEO of FTX, stated in a Twitter thread on October 23 that although the exchange […]