Wednesday, November 9, 2022

Cryptocurrencies plunge as Binance scraps deal for rival FTX

Bitcoin sank to a two-year low after Binance confirmed earlier rumors and news reports that it was ready to back out of the FTX deal, struck between the CEOs of the two exchanges on Tuesday. The deal was pending Binance's due diligence on FTX's balance sheet.

from Economic Times https://ift.tt/iMJN5LC

No comments:

Post a Comment

ITC, Godfrey Phillips shares crack up to 8% on New Year’s Day. What’s the bad news?

Tobacco stocks like ITC and Godfrey Phillips saw significant drops on Thursday. This follows the finance ministry's notification of an a...