Binance Backs Out of Deal to Buy FTX: 'Beyond Our Ability to Help'
After Binance announced its intent to acquire competitor FTX on Tuesday, the crypto exchange has called off the deal.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Metaplanet to acquire Superplanet in $134.6M Bitcoin-funded deal, stock surges ahead of Q4 2026 close
Metaplanet's Bitcoin-funded acquisition strategy could redefine corporate treasury management, enhancing global market access and...
This public company now controls 18% of Zcash mining power after $33 million Winklevoss-linked deal
Cypherpunk Technologies acquired roughly 18% of Zcash’s mining power in a $33.33 million equity deal that could dilute shareholder...
What the Tether audit means for the crypto industry
In news that will shock anyone who’s been involved in the crypto industry for any significant amount of time, Tether announced las...
Treasury’s New Stablecoin Rule Could Force US Exchanges to Delist Tether
Austin Campbell, founder of Zero Knowledge Group, said on the Bits + Bips podcast that Treasury’s newly proposed rules for the GEN...
Binance Gave Russian Investigators Data of Ukraine Donor to Build a Terrorism Financing Case, Documents Show
Binance supplied Russian investigators with a client’s identity documents and transaction history in 2025, and prosecutors folded...
Binance Pay Expands Crypto Payments to 3,700 Bhutan Merchants
Binance Pay has connected with DK Bank’s domestic QR network, enabling cryptocurrency payments at more than 3,700 merchants across...