Why Is Crypto Tanking: The FTX-Binance Drama Explained (CoinDesk)

CoinDesk: Why Is Crypto Tanking: The FTX-Binance Drama Explained. “The world’s largest crypto exchange, Binance reversed course on a plan to bail out competitor FTX in an event that has shocked the crypto industry and is catching the attention of regulators.” This article assumes some knowledge of the cryptocurrency world, but it’s a good general explainer if you’re wondering why two entities called “FTX” and “Binance” are all over the news.

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