Binance-FTX acquisition ‘could’ fail: Charles Hoskinson

The fall of FTT and the ongoing Binance-FTX episode caught the crypto community by surprise. FTX was one of the most popular exchanges, and many did not expect the firm to have insolvency issues. Binance has made an offer to acquire FTX, and due diligence is awaited. Charles Hoskinson, founder, and chief of Cardano (ADA) went live on his YouTube channel to speak about the situation.
Hoskinson compared the FTX collapse to that of LUNA. He said that FTX, through a series of relationships, was more
By Shubhk

shubhk's Recent Blog Posts

Ethereum: How to Earn Passive Income By Staking Your ETH
Ethereum moved from proof-of-work (PoW) to proof-of-stake (PoS) consensus last month and the transition is dubbed the Merge. The PoW algorithm previously rewarded miners for validating blocks of…
2 years ago
MakerDAO co-founder dies at 29, a Day after this Tweet
Nikolai Mushegian, a respected contributor to the crypto ecosystem, was found dead a couple of days back on the beach behind Ashford Hospital in Condado, Puerto Rico after being swept away by sea…
2 years ago
Asset-backed currencies VS fiat currencies
Since Cryptocurrencies got in the spotlight, ever since then Asset-backed currencies VS Fiat currencies have been a great topic of debate between certain economists and crypto believers. While asset-…
2 years ago
Asset-backed currencies VS fiat currencies
Since Cryptocurrencies got in the spotlight, ever since then Asset-backed currencies VS Fiat currencies have been a great topic of debate between certain economists and crypto believers. While asset-…
2 years ago
Elon Musk Rejected FTX CEO’s $15B Offer For Twitter
In a series of text messages made public during the Twitter lawsuit, it was disclosed that a representative of the crypto billionaire, Will MacAskill, had texted Musk stating that SBF is “interested…
2 years ago