Categories: Estero

Cryptocurrency exchange FTX at risk of bankruptcy – BBC News


Leading cryptocurrency exchange FTX is facing bankruptcy after failing to secure a rescue deal from its rival Binance.

Binance, the world’s biggest cryptocurrency exchange, said that after due diligence, it would not pursue the deal.

FTX is a big crypto exchange and people use it to buy and sell various crypto currencies.

Concerns about FTX’s financial health reportedly triggered $6bn (£5.2bn) of withdrawals in just three days. Investors are now facing billions of dollars in losses.

Crypto values have slumped on Thursday, with Bitcoin falling to a two-year low.

Please subscribe HERE http://bit.ly/1rbfUog

#BBCNews

Redazione

Comments are closed.

Recent Posts

Gaza and Israel welcome ceasefire and hostage deal but will the war end? | BBC News

Palestinians in Gaza have been celebrating the news of a ceasefire and hostage release deal reached between Israel and Hamas.…

22 minuti ago

Il Bologna frena l’Inter, a San Siro finisce 2-2

MILANO (ITALPRESS) – Perde due punti per strada l’Inter di Simone Inzaghi, che nel primo dei due match da recuperare…

48 minuti ago

Edizione delle ore 20.00 del 15/01/2025

L'informazione della testata giornalistica di LA7 diretta da Enrico Mentana

53 minuti ago

How the Israel-Hamas ceasefire deal was reached | BBC Newscast

Today, we look at the news that a deal has been reached to stop the fighting in Gaza and for…

1 ora ago

Sanremo, Carlo Conti svela i co-conduttori

ROMA (ITALPRESS) – Nel corso del Tg1 delle 20 il direttore artistico del Festival di Sanremo Carlo Conti ha svelato…

3 ore ago