IT'S OVER: Binance to Acquire FTX
#Binance #ftx #cryptocurrency
IT'S OVER: The world's biggest exchange Binance Acquires FTX in order to protect user funds. This ends a bitter 3-day war where these two exchanges exchanged heated comments over Twitter. It ended with over 800 Million dollars leaving the FTX exchange and FTX asking for a buyout in order to protect user funds. We explore the order of events and strategy behind this. We also look what can possibly happen to FTT, Solana and Serum.
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I'm not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video.
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