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A day after signing a letter of intent to buy struggling rival FTX, crypto exchange Binance seems highly unlikely to go through with the acquisition, according to a CoinDesk source. This comes after a huge wave of withdrawals drained FTX of liquidity and effectively froze the platform. Chief Insights Columnist David Z. Morris discusses the latest in the proposed Binance-FTX deal.

Nov 9, 2022

The fallout of crypto exchange giant FTX's liquidity concerns continues to rattle the crypto markets. Bitwise Chief Investment Officer Matt Hougan discusses his outlook for bitcoin (BTC) as the cryptocurrency falls below $17,000 to its lowest level in 23 months.

Nov 9, 2022

Nearly $1 billion worth of bitcoin (BTC) in long positions on crypto exchanges were liquidated as markets fell on FTX contagion fears, according to Coinglass data. Total crypto market capitalization slid to $900 billion from over $1 trillion on Wednesday morning as traders reacted to speculation around prominent exchange FTX's liquidity issues. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Nov 9, 2022

Bitcoin (BTC) dropped to a new 23-month low as crypto traders processed the news that Binance might not buy rival FTX after all. Bloomberg reports U.S. securities and commodities regulators are probing whether FTX.com correctly managed client funds, despite statements by the ailing crypto exchange’s CEO, Sam Bankman-Fried, that all customer holdings were covered.

Nov 9, 2022

Reality TV star Kim Kardashian looks set to win an investor lawsuit against her and other celebrities over their endorsement of cryptocurrency EthereumMax (EMAX) after a judge tentatively dismissed the case on Monday, according to a Bloomberg report. "The Hash" hosts discuss the ongoing story and lessons learned.

Nov 9, 2022

2022 has been a rough year for seven-time Super Bowl champion Tom Brady: a tarnished record after coming out of retirement, a divorce and now a potential wipeout of a strategic investment in troubled crypto exchange FTX. "The Hash" hosts discuss the latest fallout of the proposed FTX-Binance deal and crypto winter at large.

Nov 9, 2022

CoinDesk reports that cryptocurrency exchange giant Binance is highly unlikely to go through with its proposed acquisition of struggling rival FTX after less than a day of reviewing the company, according to a person familiar with the matter. "The Hash" panel discusses the potential outcomes and regulatory impact worldwide.

Nov 9, 2022

Crypto exchange Binance founder Changpeng "CZ" Zhao urged industry players to provide "proof-of-reserves" on the heels of a proposal to acquire rival FTX. Kristin Smith of the Blockchain Association, a Washington, D.C.-based lobbying group, weighs in, saying it's "a good idea... but it's nothing that U.S. exchanges, at least the major ones, aren't already doing."

Nov 9, 2022

Coming out of the 2022 U.S. midterm elections, newly re-elected Congressman Jim Himes tells "First Mover" that crypto regulation was "not at all" an issue the average American voted on.

Nov 9, 2022

"What happened with FTX may not be able to be addressed by U.S. regulation," says Blockchain Association Executive Director Kristin Smith. But, she adds that Congress is still very interested in finding a way to regulate the spot markets. The potential Binance-FTX merger "is going to open up more robust debate around exchange regulation."

Nov 9, 2022