Binance Plots Fresh Bid for Voyager

Binance US is preparing to make another bid for the embattled crypto lender Voyager Digital.?Speaking to Bloomberg, Changpeng Zhao confirmed that his exchange is interested in a deal now FTX "is no longer able to follow through on that commitment."?

Voyager Digital slid into bankruptcy over the summer and halted withdrawals after suffering losses of $650 million on a loan to the doomed hedge fund Three Arrows Capital.?

A "highly competitive" auction was later held for its assets — and back in September, it was confirmed that FTX had the winning bid of $1.42 billion.?But the sudden collapse of FTX — which until recently had been positioning itself as a savior for stricken crypto firms — plunged this acquisition into doubt.

要查看或添加评论,请登录

Dhawal Sharma的更多文章

  • 5 Crypto Investment Strategies You Should Know

    5 Crypto Investment Strategies You Should Know

    Here are five of the most effective strategies to build wealth with crypto: Dollar-Cost Averaging (DCA) Dollar-cost…

    1 条评论
  • Understanding Bitcoin Network Hash Rate Increases

    Understanding Bitcoin Network Hash Rate Increases

    Bitcoin mining sounds so simple in practice. Find electricity, plug in your miners, connect them to the network and…

  • Importance of cryptocurrency

    Importance of cryptocurrency

    Pension Funds Must Adopt Bitcoin Or Risk Insolvency For many years, pension funds were limited to investing primarily…

社区洞察

其他会员也浏览了