What news has there been in the last few hours that has made the markets update to thinking ~80% FTX will fail (become insolvent; deal with Binance will not happen)?
In the last few hours, Coindesk reported that Binance is “strongly leading towards” not doing the FTX acquisition.
https://www.coindesk.com/business/2022/11/09/binance-is-strongly-leaning-toward-scrapping-ftx-rescue-takeover-after-first-glance-at-books-source/
See also https://polymarket.com/market/will-binance-pull-out-of-their-ftx-deal and
What news has there been in the last few hours that has made the markets update to thinking ~80% FTX will fail (become insolvent; deal with Binance will not happen)?
In the last few hours, Coindesk reported that Binance is “strongly leading towards” not doing the FTX acquisition.
https://www.coindesk.com/business/2022/11/09/binance-is-strongly-leaning-toward-scrapping-ftx-rescue-takeover-after-first-glance-at-books-source/
See also https://polymarket.com/market/will-binance-pull-out-of-their-ftx-deal and