Market Cap: $2,330,937,494,168
24h Vol: $97,915,944,620
Cryptocurrencies: 28575
Markets: 116788
Cryptocurrencies: 28575
Markets: 116788
Market Cap: $2,330,937,494,168     
24h Vol: $97,915,944,620
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

  • What is a Shiba Inu Coin & How Does it Work? Simply Explained!

  • Bitcoin OR Altcoins: Which Is Best? Easy Explanation!

  • Cardano: What is Cardano (ADA)? Explained!

  • Stock Market Vs Crypto Fundamentals! Which is the best? Explained!

Our Partners

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