Cryptocurrency exchange FTX has set up an agreement with Justin Sun's blockchain network Tron that will allow holders of TRX and some other crypto tokens to swap assets from FTX to external wallets.
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Cryptos attempt to steady as Binance-FTX deal chills marketSINGAPORE : Cryptocurrencies were jittery and groping for a floor on Wednesday, after a sharp and broad drawdown when nerves about the stability of exchange FTX turned to a rush of withdrawals and ultimately a bailout deal from bigger rival Binance.Bitcoin, the biggest cryptocurrency by market value, was
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Crypto exchange FTX saw $6 billion in withdrawals in 72 hours -CEO message to staff:Crypto exchange FTX saw around $6 billion of withdrawals in the 72 hours before Tuesday morning, according to a message to staff sent by its CEO Sam Bankman-Fried that was seen by Reuters. In a surprise move, Changpeng Zhao, boss of major rival Binance, said on Tuesday the company signed a nonbinding agr
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Cryptocurrencies fall after FTX-Binance turmoil spooks investorsSINGAPORE/LONDON :Cryptocurrencies saw a second day of sharp declines on Wednesday, as investors continued to fret about the stability of the sector and the financial health of major exchange FTX despite plans for a rescue deal from bigger rival Binance.Crypto giant Binance signed a nonbinding agreement on Tu
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Galaxy Digital to cut majority exposure to crypto exchange FTXCrypto financial services company Galaxy Digital Holdings Ltd said on Wednesday it would cut its exposure to embattled crypto exchange FTX by $47.5 million.Galaxy, founded by Mike Novogratz, disclosed it had a $76.8 million exposure to the company, a day after Binance said it was planning to buy smaller r
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FTX approached crypto exchange OKX about deal before Binance agreed to possible takeoverFTX CEO Sam Bankman-Fried approached cryptocurrency exchange OKX Monday morning about a deal before he announced Tuesday that Binance had signed a nonbinding agreement to acquire FTX in the face of an apparent liquidity crunch, an OKX spokesperson said. Although Bankman-Fried did not name a dollar amount,
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US probes FTX over handling of client funds - Bloomberg NewsTwo top U.S. financial regulators are probing whether crypto exchange FTX.com properly handled customers' funds, and its relationship with other parts of Sam Bankman-Fried's crypto empire, Bloomberg News reported on Wednesday.The Securities and Exchange Commission and the Commodity Futures Trading Commiss
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