{"id":13805,"date":"2022-08-30T13:05:15","date_gmt":"2022-08-30T13:05:15","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ftx-not-planning-to-buy-huobi-exchange-bankman-fried-says\/"},"modified":"2022-08-30T13:05:15","modified_gmt":"2022-08-30T13:05:15","slug":"ftx-not-planning-to-buy-huobi-exchange-bankman-fried-says","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ftx-not-planning-to-buy-huobi-exchange-bankman-fried-says\/","title":{"rendered":"FTX Not Planning to Buy Huobi Exchange, Bankman-Fried Says"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>On Monday, FTX CEO Sam Bankman-Fried <a href=\"https:\/\/twitter.com\/SBF_FTX\/status\/1564263100597010438\">dismissed<\/a> rumors of his firm targeting one of the world\u2019s biggest and oldest crypto exchanges, Huobi.<\/p>\n<p>Bankman-Fried clarified in a tweet on Monday that <a href=\"https:\/\/igaming.org\/cryptocurrencies\/ftx\/\">FTX<\/a> is not going to purchase the exchange which is currently good for a daily trading volume of more than $1 billion according to <a href=\"https:\/\/igaming.org\/cryptocurrencies\/coinmarketcap\/\">CoinMarketCap<\/a> data.<\/p>\n<p>The hearsay follows a Bloomberg report in mid-August claiming that preliminary talks between FTX and Huobi founder Leon Li were held over the purchase of a majority stake in Huobi.<\/p>\n<p>Speculation is growing on potential targets for FTX\u2019s crypto-winter acquisitions. The name of trading-app <a href=\"https:\/\/igaming.org\/crypto\/is-robinhood-ftx-next-target-for-acquisition\/\">Robinhood<\/a> is going around, while South Korean exchange <a href=\"https:\/\/igaming.org\/crypto\/ftx-interested-to-buy-leading-south-korean-crypto-exchange\/\">Bithumb<\/a> is also regarded a potentia FTX target.<\/p>\n<p>So far this year, FTX has acquired Canadian platform <a href=\"https:\/\/igaming.org\/crypto\/ftx-crypto-exchange-to-launch-in-canada-with-bitvo-acquisition\/\">Bitvo<\/a> and Japanese <a href=\"https:\/\/igaming.org\/crypto\/ftx-acquisition-of-liquid-exchange-shows-that-existing-international-wire-transfer-system-is-fundamentally-broken\/\">Liquid<\/a>, the operator of cryptocurrency exchange Quoine.<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/igaming.org\/crypto\/ftx-not-planning-to-buy-huobi-exchange-bankman-fried-says\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) On Monday, FTX CEO Sam Bankman-Fried dismissed rumors of his firm targeting one of the world\u2019s biggest and oldest crypto exchanges, Huobi. Bankman-Fried clarified in a tweet on Monday that FTX is not going to purchase the exchange which is currently good for a daily trading [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13806,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/13805"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=13805"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/13805\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/13806"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=13805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=13805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=13805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}