Senator Cynthia Lummis calls for more “clear crypto rules.”
Antitrust regulators may look at the Binance and FTX acquisition since Binance would dominate 80% of the crypto market.
Bloomberg Billionaires Index estimates SBF’s net worth at $991m, down from $16b yesterday.
“CZ just executed the most gangster play,” community reacts to Binance acquisition of FTX.
The cryptocurrency market crashed following the dispute between Sam Bankman-Fried (SBF) and Changpeng “CZ” Zhao, CEOs of FTX and Binance respectively. This drew the attention of the crypto community.
After a few weeks of relatively stable prices, the cryptocurrency market has become extremely volatile over the past couple of days. There has also been a great deal of drama happening out of the public eye. The apparent conflict between two crypto giants lasted until late Tuesday morning. It appears that this war is coming to a close, but many concerns remain unresolved, and the crypto market as a whole has
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