🚨 BREAKING: Binance abandons plans to acquire FTX
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Binance Bails On FTX Acquisition — Here’s What Led To The FTX Crypto CrashBinance will reportedly back out of its agreement to buy rival cryptocurrency exchange FTX, the latest in the sudden unraveling of billionaire Sam Bankman-Fried’s crypto titan FTX once valued at $32 billion, taking down the value of digital assets with it.
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Crypto investors rattled as Binance abandons its proposed acquisition of rival FTXBinance, the world’s largest crypto exchange, is abandoning its proposed acquisition of the non-U.S. assets of rival FTX, amid the latter’s liquidity crunch.
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Crypto exchange Binance abandons rescue of FTX one day after announcing takeover bid | EngadgetCrypto exchange Binance abandons rescue of FTX one day after announcing takeover bid
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Breaking: Binance Buying FTX, FTT Price Surges.binance is set to fully acquire the rival exchange
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Breaking: Binance CEO announces intent to acquire FTX to ‘help cover the liquidity crunch’Sam Bankman-Fried said that despite the occasional conflict between the two companies, Binance “has shown time and again that they are committed to a more decentralized global economy.”
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FTX Website Experiences Temporary Outage, Warns Users Not to Make Deposits.FTX_Official’s website experienced a temporary outage on Wednesday, and it now has a banner warning users not to make deposits. cheyenneligon reports
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