Daily Crunch: Binance says it would purchase FTX after smaller rival stumbles by way of ‘liquidity crunch’

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Thealike Top 3

  • This jerk was off the chain!: In a shocking twist at the moment, Binance launched its intention to freeze FTX in a transfer that could filter out the many “liquidity woes” tweeted about FTX founder Sam Bankman-Fried, Manish Experience. This comes after a recent publicly disputed dispute between the founders of the two firms. (More on that in Big Tech Inc. below).
  • roll out: thelike+ in the land, Becca Writes about what Peloton co-founder John Foley is doing. Apparently, he’s “a rug man now.” Also, as Becca points out, her new firm, Ernesta, is another example of VCs investing in individuals they knew, even when their last firm had somewhat failed.
  • A list that is revised every day: Hey, fellow Twitter customers, are you on Team Verification or leave Team My Stuff alone? either approach, Ivan There is a list of alternatives Elon Musk has promised to take to Twitter.

Startups and VCs

Although finance specializing startups rank second on the subject of low venture capital offers and layoffs, a venture capital agency that invests in growing markets that accelerate monetary inclusion has found that the urge for food continues to grow for fintechs. Is, Christine Experience. The agency last closed on $332 million in capital commitments for its Fund III, which focuses on monetary inclusion.

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A handful extra, because we love you:

Here’s a detailed look at the Binance and FTX fiasco

image credit: wenjin chain (Opens in a new window) / Getty Images

Today we realized that the world’s largest crypto option is outselling the world’s third-largest crypto option. but why?

In an in-depth explanation, Jacqueline Melinek wrote how a CoinDesk report last Thursday led crypto buying and selling agency Alameda Research to prompt Binance to liquidate a mountain of tokens that backed a lot of Alameda’s loans.

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Big Tech Inc.

As promised above, Jacqueline This dives deeper into the many issues that occur in FTX, as well as the sluggish withdrawals from crypto exchanges appear. And that its potential new owner, Binance, was “going to slowly withdraw billions of its holdings in FTT, the native token of FTX.” Oh you two!

And now we have 5 extras for you:

  • Who’s got a new trivia game?: It’s Netflix! The streaming service is trying its hand at a new trivia game – mind your venture into a “trivia quest”? New is an interactive trivia specialization known as “Triviaverse”. lauren is extra.
  • video, electronic mail, calendarZoom adds electronic mail and calendar to its option lineup, a transfer ron Experience is its chosen path, for now, as the company appears to be developing its options.
  • resignationGrab: Financial chief Reuben Lai plans to leave the company at the end of the year, Catherine writes.
  • it’s a celebration, there’s a third-party, that is: Third party retailers in India can now have the logistics energy like Amazon because it has to open up as much as the supply is bigger, Manish writes.
  • never say you’re missed: EU investigators now plan to probe deeper into Microsoft’s $68.7 billion bid to increase proactiveness and what this could mean for competitors, Natasha Lee Experience.

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