Latest News

NT Corrections to get electronic rostering system

US closes probe into 2024 Delta Air Lines meltdown

Databricks strikes deal to buy Panther Labs

Woolworths Group's long-time CIO is leaving

Amex ordered to implement access controls after insider privacy breaches

Crypto exchange Binance to buy major rival FTX

By Hannah Lang and Tom Wilson

Nov 9 2022 7:01AM

Deal helps cover a "liquidity crunch".

Crypto exchange Binance to buy major rival FTX

Binance, the world's largest cryptocurrency exchange, has signed a nonbinding agreement to buy FTX.com, a unit of major rival FTX, to help cover a "liquidity crunch" at the cryptocurrency exchange, Binance CEO Changpeng Zhao said. FTX has come under pressure after Zhao said on Sunday his ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Already have an account? Log in to read this article.

Got a news tip for our journalists? Share it with us anonymously here.

© 2019 Thomson Reuters. Click for Restrictions.

Tags:

binance crypto emerging tech ftx

Partner Content

Agile isn’t the problem: why projects still fail, and what’s missing

Partner Content Agile isn’t the problem: why projects still fail, and what’s missing

Onel Consulting Strengthens Its White-Glove Services With Strategic COO Appointment

Promoted Content Onel Consulting Strengthens Its White-Glove Services With Strategic COO Appointment

AI agents are reshaping identity governance, and attackers are already exploiting the gap

Partner Content AI agents are reshaping identity governance, and attackers are already exploiting the gap

CommBank creates opportunities for technologists to upskill with frontier AI companies

Partner Content CommBank creates opportunities for technologists to upskill with frontier AI companies

Sponsored Whitepapers

2026 Identity Security Landscape

2026 Identity Security Landscape

Are Australian organisations as cyber-ready as they think?

Are Australian organisations as cyber-ready as they think?

Are New Zealand organisations as cyber-ready as they think?

Are New Zealand organisations as cyber-ready as they think?

From visibility to execution: Fixing the SaaS management gap

From visibility to execution: Fixing the SaaS management gap

When cyber risk has no clear owner: A practical guide for senior Australian business leaders

When cyber risk has no clear owner: A practical guide for senior Australian business leaders

Events

Most Read Articles

Bunnings to sell through Google AI Mode

Bunnings to sell through Google AI Mode

Treasury Wine Estates to go big on digital, data and AI

Treasury Wine Estates to go big on digital, data and AI

Westpac Intelligence Layer breaks cover

Westpac Intelligence Layer breaks cover

Suncorp creates a "clear execution roadmap" for agentic AI

Suncorp creates a "clear execution roadmap" for agentic AI

Sydney-based AI-cloud waste startup raises $3m

Sydney-based AI-cloud waste startup raises $3m

Brennan uses NiCE to modernise its contact centre

Brennan uses NiCE to modernise its contact centre

Impact Awards: Tecala slashes customer response times for fintech IQumulate

Impact Awards: Tecala slashes customer response times for fintech IQumulate

Interactive introduces private cloud platform

Interactive introduces private cloud platform

Digital61 expands cybersecurity portfolio

Digital61 expands cybersecurity portfolio

Most popular tech stories