The electric vehicle maker's shares could enjoy a short-term catalyst after this week's trading ends, but there are more important things to watch. Read More...
TheStreet.com
After FTX, Are Binance’s Days Numbered?
This is Changpeng Zhao, the founder and CEO of Binance, the world’s largest cryptocurrency exchange by trading volume. Ironically, it was a tweet from Zhao that sparked the beginning of the end for FTX and its sister company Alameda Research, the two jewels of the Bankman-Fried empire. On November 6, Zhao announced in a post, on Twitter, that his company had made the decision to sell $530 million worth of FTT coins, a cryptocurrency issued by FTX.
