Binance, the crypto industry's biggest player, remains a black box to many investors seeking transparency in the wake of FTX's collapse
Binance founder Changpeng Zhao says the crypto exchange has taken no loans and is profitable.
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Binance In the Spotlight After FTX ImplosionBinance, the world's largest exchange by trading volume, has faced billions of dollars in net outflows recently, after rival exchange FTX filed for bankruptcy and decreased investor confidence in the crypto markets. Nansen analyst Andrew Thurman discusses the latest developments and what he's seeing on-chain.
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Coinbase, Binance enjoy market share gains after FTX demiseRival exchanges are benefitting from the collapse of FTX as Coinbase and Binance recapture market share.
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More crypto exchanges likely to 'blow up' like FTX, Wave Financial CEO saysWave Financial’s David Siemer is waiting on more top 10 exchanges to fail and looking to secure acquisition deals for near zero.
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Crypto Trading Firm Auros, Hit by FTX Collapse, Discloses Provisional LiquidationThe move, granted by a British Virgin Islands court in November, allows officials to seek restructuring advice. Auros missed payments on $17.7 million of loans from lending pools on bad debt-ridden protocol Maple Finance.
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Crypto Markets Today: More FTX Fallout as Traders Turn DefensiveCrypto trading firm Auros discloses provisional liquidation. FTX has over $1 billion in assets identified, its creditors were told on Tuesday. $BTC held steady at the $16,800 level, while $ETH was trading around $1,215, _jocelynyang_ reports
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FTX founder Sam Bankman-Fried agrees to extradition in crypto fraud caseSam Bankman-Fried was arrested in the Bahamas last week, a month after crypto giant FTX collapsed. He has been charged with fraud and other crimes.
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