Bitcoin24h $70,661.19-2.89%

Ethereum24h $2,072.37-4.39%

BNB24h $652.62-3.04%

XRP24h $1.39-3.12%

Solana24h $86.76-5.39%

TRON24h $0.2970+2.33%

Dogecoin24h $0.0947-4.06%

Hyperliquid24h $37.62+1.63%

Cardano24h $0.2605-5.53%

Bitcoin Cash24h $458.31-2.21%

Documents reveal Alameda Research bought FTX stake from Binance

Protos reviewed documents filed by Alameda Research that reveal that it held FTX equity on its balance sheet, bought from Binance in 2021.

UK crypto inquiry asks Binance if it knew it would collapse FTX

The UK Parliament Treasury Committee began its inquiry by grilling Binance, Ripple, and Galaxy execs on FTX, bad actors, and regulation.

Changpeng Zhao has announced that Binance Labs will be launching an industry recovery fund to stem the damage of the FTX collapse.

Solana is down by 50% since Saturday and one million Solana tokens look set to be unstaked and dumped on the market any moment now.

According to trading platform Polymarkets, the question of whether Binance will get its FTX buyout over the line is almost too close to call.