The founder and CEO of cryptocurrency exchange company Binance, Chinese-Canadian Changpeng Zhao attends the opening night of the 2022 Web Summit in Lisbon, Portugal, on November 1. Photo by Miguel Lopez/EPA-EFE Nov. 8 (UPI) -- Binance, the world's largest cryptocurrency exchange, said it reached a deal to buy one of its biggest rivals, FTX, amid fears that the crypto industry could be entering another meltdown. If the deal is finalized, it would make Binance one of the most powerful figures in the loosely regulated crypto industry. The deal comes as fears mount that cryptocurrencies are heading for another downturn. Advertisement...