Does Binance own FTX?

In 2019, Binance had invested as a shareholder in FTX. It exited that shareholding last year and received $2.1b in Binance’s own stablecoin (BUSD) and in FTT tokens as part of the deal. As part of Binance’s exit from FTX equity last year, Binance received roughly $2.1 billion USD equivalent in cash (BUSD and FTT).

Is Binance's Twitter campaign against FTX a smokescreen?

Binance CEO Changpeng Zhao has unsettled the crypto market with a Twitter campaign against rival FTX that appears to be a smokescreen for issues at the world’s largest digital-currency exchange.

What did CZ's comment on Binance's BNB do for FTT?

The comparison was a damaging one from an industry leader who should know the weight his words would carry. CZ’s comments predictably put pressure on FTT, which is down 13.3% to $22.33 since his initial tweet, and it also did nothing good for Binance’s bnb, off 4.5% to $342.60. Leading cryptos bitcoin and ether fell 3.0% and 3.6%, respectively.

Does Binance have a long-term future of digital assets?

The Binance chief executive was a headline speaker at the annual Web Summit – a gathering of the great and good of the tech world – and as usual he was defending the long-term future of digital assets. “I think volatility is always going to be there. It’s a trading market. It’s just like a stock market.