Binance


Markets

Tron's TRX Jumps 140% Amid 1:1 FTX Redemption of Tron-Based Tokens

FTX announced that Tron-based assets could be moved to external wallets.

Tron's TRX token jumped about 140% on crypto exchange FTX on Thursday. (FTX)

Policy

US Justice Department, Regulators Contacted Binance on FTX Talks: Source

The authorities want to know what Binance learned about FTX's inner workings.

FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk)

Videos

Bitcoin Dips to 2-Year Low as Binance Backs Out of FTX Deal

Bitcoin (BTC) dropped to its lowest level in two years on Wednesday as traders processed the news that Binance retreated from an earlier plan to buy troubled exchange FTX. Citi’s Digital Asset Analyst Joe Ayoub discusses the performances of BNB and FTT tokens and other players affected by the FTX crisis. Plus, an outlook on the stumbling market.  

Recent Videos

Videos

Will This Contagion Spread?

Binance backs out, but could FTX still be saved? That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

CoinDesk placeholder image

Videos

Tron’s Justin Sun ‘Putting Together Solution’ for Troubled Crypto Exchange FTX

Justin Sun, the founder of the Tron cryptocurrency network and Grenada's ambassador to the World Trade Organization, tweeted late Wednesday that he and his team were "putting together a solution" with beleaguered cryptocurrency exchange FTX, hours after Binance announced it would not move forward in a deal to acquire the company. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what we know so far.

CoinDesk placeholder image

Finance

Binance Releases Wallet Addresses of $69B Crypto Reserve

The exchange said it will share its proof-of-funds in the coming weeks.

Changpeng “CZ” Zhao, CEO de Binance, en el evento Consensus Singapore 2018. (CoinDesk)

Policy

FTX Faces US Justice Department Probe: Report

FTX already faced other state and federal investigations.

El ex CEO de FTX, Sam Bankman-Fried. (Danny Nelson/CoinDesk)

Layer 2

8 Days in November: What Led to FTX’s Sudden Collapse

Financier and influencer Sam Bankman-Fried flew exceptionally high during the pandemic-driven crypto bull market. Here’s what led to his fall, and why it matters for the industry’s future.

El ex CEO de FTX, Sam Bankman-Fried. (Danny Nelson/CoinDesk)

Finance

A Failed FTX-Binance Deal Is ‘Catastrophic’ for Crypto Sector

Binance scrapping its acquisition of rival FTX could mean institutional investors deciding to pull funds out of the crypto industry.

(Unsplash)