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Tag: Binance

Crypto News

Binance halts FTX acquisition deal

Binance has announced that it would not proceed with the plan of acquiring FTX. Recall that most cryptocurrencies experienced a decrease in the immediate aftermath. However, neither Sam Bankman-Fried nor FTX made any public announcements. Safe to mention that many people and publications have expressed their skepticism over whether Binance would actually follow through with […]

Tech

Binanace to acquire rival crypto platform FTX

The world’s largest cryptocurrency company, Binance has reached a deal to acquire its rival FTX.COM.   Although, the transaction excludes FTX.us and Binance.us two distinct companies focused on the United States.   The deal was confirmed by FXT founder and CEO, Sam Bankman Fried on Tuesday via his official Twitter handle.   In his tweet […]

E-commerce

Binance approves naira deposits, withdrawals

Binance, the world’s biggest cryptocurrency exchange firm, announced that it now allows naira deposits and withdrawals.   The firm made this announcement via its BinanceAfrica Twitter handle on Monday, November 7.   It tweeted, “Cashlink is now live on @BinanceAfrica to enable deposits and withdrawals of Fiat (NGN). #Biglinkup #NGNisBackonBinance”   To this end, Nigerian […]

X to offer paid users xAI chatbot - Musk
Crypto

Binance to finance Elon Musk’s Twitter takeover with $500m

Cryptocurrency giant, Binance, has pledged $500 million equity to help finance Elon Musk’s takeover of Twitter. This is according to Cryptobriefing.com which cited an amended 13-D schedule filed with the U.S. Securities and Exchange Commission on Wednesday. The publication reported that Binance had the fourth-largest commitment among a dozen equity investors financing Elon Musk’s takeover […]