Market Cap: $3,314,200,292,258
24h Vol: $95,324,621,635
Cryptocurrencies: 26581
Markets: 104343
Cryptocurrencies: 26581
Markets: 104343
Market Cap: $3,314,200,292,258     
24h Vol: $95,324,621,635
Seeking Alpha 2022-11-17 12:32:55

Binance reportedly steps back into bidding for Voyager Digital

Binance reportedly steps back into bidding for Voyager Digital
The American arm of Binance, the world's largest cryptocurrency exchange, is preparing an offer for Voyager Digital ( OTCPK:VYGVQ ), after the bankrupt crypto lending platform reopened bidding for the firm, CoinDesk reported Thursday, citing a person familiar with the plans. Rival crypto exchange FTX had won the original auction for Voyager Digital ( OTCPK:VYGVQ ), but that fell apart when FTX filed for Chapter 11 on Nov. 11. Wave Financial and trading platform Cross Tower are also reported to be in the running for Voyager ( OTCPK:VYGVQ ), CoinDesk said. BinanceUS had lost out to FTX in the original bidding process. At the time, it was reported that there had been national security concerns about Binance acquiring the company. Last week, Binance said it has boosted its emergency insurance fund to $1B to adjust to crypto volatility.
esptco-banner img
Latest News

Videos

  • The Metaverse to Replace the Real World!

  • Top 5 Crypto Exchanges 2022: Best Crypto Exchanges to Work With!

  • What is a Bitcoin Wallet? How Bitcoin Wallets Work? Public & Private Key Explained!

  • Bitcoin Cash: What is Bitcoin Cash (BCH)? EXPLAINED!

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire