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FTX, the world’s third largest cryptocurrency exchange, has filed for bankruptcy

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Not at all conveniently, FTX had Binance as the main holder of funds held in the eponymous cryptocurrency, with its big rival “leaking” on social media the news that it would be unloading billions of dollars held in the cryptocurrency, citing extremely serious solvency issues. In utterly predictable fashion, Binance chief Changpeng Zhao’s “prophecy” came […]

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