Criptos News

Latest news about blockchain and cryptocurrencies

FTX CEO Sam Bankman-Fried Speaks Out Amid Binance Drama – Denies Insolvency, Says Withdrawals Will Continue

FTX CEO Sam Bankman-Fried has denied insolvency rumors amid mounting speculations that his exchange is facing liquidity issues, as evident by Binance’s move to dump all its FTT holdings. In a series of tweets on Monday, Bankman-Fried referred to the speculation as FUD, claiming that a “competitor” is responsible for manipulating public opinion about the company…. Read more →

Binance CEO Reveals Main Reason For Investing $500 Million in Elon Musk Twitter Deal

Binance CEO Changpeng Zhao (CZ) has shared that his company invested $500 million into Elon Musk’s buyout of Twitter in a bid to support the freedom of speech. At the opening event of Europe’s largest tech conference, the Web Summit, in Lisbon, the CEO said he was “extremely supportive” of freedom of speech and there were “very strong reasons” why he invested in the social media platform, Reuters reported. Read more →