Binance will likely not buy FTX says CoinDesk report

Binance FTX deal in turmoil

About FTX & Binance

[{"selector":"#anim-b4170319-63a0-4ddd-8c82-1f1ec910f821","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.330000000000000015543122344752191565930843353271484375},{"transform":"scale(0.95)","offset":0.66000000000000003108624468950438313186168670654296875},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}]

Founder of FTX

[{"selector":"#anim-3770e6a9-300a-4180-8f6b-109338d986ce","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.330000000000000015543122344752191565930843353271484375},{"transform":"scale(0.95)","offset":0.66000000000000003108624468950438313186168670654296875},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}]

The Acquisition

[{"selector":"#anim-6a127479-7814-4911-a112-12dab84ee04a","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.330000000000000015543122344752191565930843353271484375},{"transform":"scale(0.95)","offset":0.66000000000000003108624468950438313186168670654296875},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}]

Why Binance buying FTX?

[{"selector":"#anim-c77e87b0-0dce-4213-a18f-058c2b5342ee","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.330000000000000015543122344752191565930843353271484375},{"transform":"scale(0.95)","offset":0.66000000000000003108624468950438313186168670654296875},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] Learn more

The CoinDesk report

[{"selector":"#anim-3c71310b-b501-4378-ac8c-462b6ac5e8be","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.330000000000000015543122344752191565930843353271484375},{"transform":"scale(0.95)","offset":0.66000000000000003108624468950438313186168670654296875},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}]

The market will Tank

[{"selector":"#anim-6694661d-bcbd-4395-a145-f4ac41dc5461","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.330000000000000015543122344752191565930843353271484375},{"transform":"scale(0.95)","offset":0.66000000000000003108624468950438313186168670654296875},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}]

Time to make some BUSD

[{"selector":"#anim-456e84bc-a4b8-4754-966a-8f85199c49aa","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.330000000000000015543122344752191565930843353271484375},{"transform":"scale(0.95)","offset":0.66000000000000003108624468950438313186168670654296875},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] Learn more

Also Read:

[{"selector":"#anim-0254079b-f54e-48e1-a00c-a0d4942a0a8e","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.330000000000000015543122344752191565930843353271484375},{"transform":"scale(0.95)","offset":0.66000000000000003108624468950438313186168670654296875},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}]

We're on You Tube

[{"selector":"#anim-8165061e-5178-4098-a13a-6cc662df8644","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.330000000000000015543122344752191565930843353271484375},{"transform":"scale(0.95)","offset":0.66000000000000003108624468950438313186168670654296875},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}]

Binance FTX deal in turmoil

Binance FTX deal in turmoil

About FTX & Binance

About FTX & Binance

FTX & Binance are the leading cryptocurrency exchanges in the world. Infact, by volume FTX was the second largest exchange after Binance sometime back.

Founder of FTX

Founder of FTX

Sam Bankman-Fried is the founder of FTX. He's also the founder of Alameda Research, the investment arm of FTX.

The Acquisition

The Acquisition

In a tweet, Binance's founder CZ announced that FTX asked for help & to save it from liquidity crunch Binance will acquire it.

Why Binance buying FTX?

Why Binance buying FTX?

Swipe up to learn why the deal happened in the first place?

The CoinDesk report

The CoinDesk report

Acc. to the report, Binance will likely pull out of the deal after analysing FTX financials & its financial commitments

The market will Tank

The market will Tank

If Binance backs out at this time. It's guaranteed market crash that may take Bitcoin to $10,000, further eliminating many altcoins.

Time to make some BUSD

Time to make some BUSD

It's the best time to stack Dollars by playing blockchain games. Play & earn BUSD now

Also Read:

Also Read:

1..Solana crash

1..Solana crash

2..FTX bankruptcy

2..FTX bankruptcy

3..AML regulations

3..AML regulations

We're on You Tube

Find the best Crypto content only on Katoch Tubes