The metaverse is spin for technology such as 3D, VR, and AR. Binance raised $500M for blockchain and web3 technology. On Sunday the Binance CEO Changpeng Zhao, stated at the talk “Future Metaverse” that, the metaverse will become mainstream in 5 to 10 years. The talk event is part of
MarketAcross, the world’s leading blockchain PR and marketing agency has been named the official global media partner for Asia’s flagship blockchain event, Korea Blockchain Week (KBW). The event is held after two years break due to the COVID-19, between August 7 to 12, the KBW22 will be placed in the
An investment fund for blockchain and web3 companies by Binance Labs has been established with $500 million from Binance, the cryptocurrency exchange. It was revealed in a blog post published on Wednesday that private equity organizations such as Breyer Capital, Whampoa Group, and DST Global Partners participated in the funding.
Binance pay is a cashless global and secure cryptocurrency payment platform. Majid Al Futtaim operates in 13 countries. Majid Al Futtaim, a Dubai-based shopping mall and retail giant has partnered with Binance, the largest cryptocurrency exchange in terms of the daily trading volume. This collaboration will allow MAF to use
The absence of an official headquarters has led to regulatory scrutiny of the exchange. The exchange has inked a memorandum of understanding with the Kazakh government. Binance, the world’s biggest cryptocurrency exchange by volume of transactions, is now a legally recognized organization in Italy. According to a news statement issued
Terra LUNA lies dead at $0.0121. Binance officially announces to delist LUNA. Crypto.com prohibits trade of LUNA temporarily. With the ongoing LUNA and UST crisis, the whole world is glued to their eyes witnessing such an event. The true event of a crypto dropping down to almost nothing, with the
BTC’s liquidation in the last 24h accounts to $1.11B. Bitcoin and Ethereum crashed below 50% from their all-time high (ATH). The global crypto market witnessed a 10% drop in terms of capitalization from $1.65 trillion USD to $1.45 trillion USD in the last 24 hours. Bear markets continue to overpower
Based on analytic data showing a tiny fraction of illegal adoption, Binance CEO and founder Changpeng “CZ” Zhao believes that cryptocurrencies are safer than fiat money. Crypto is safer than fiat. Chainalysis: Transactions involving illicit addresses represented just 0.15% of cryptocurrency transaction volume in 2021. United Nations: estimated money laundered
Elon Musk obtained a record $7.14 billion in money to purchase Twitter. Musk had to acquire $21 billion in equity to complete the acquisition. Over the last several weeks, Elon Musk’s Twitter takeover has been extensively discussed. Musk has been in the news for various reasons, including rumors about what
Binance will be recognized as Europe’s first digital asset service provider. CZ also thanked AMF and ACPR for the smooth procedure. As a virtual assets service provider, Binance, a worldwide cryptocurrency exchange, has been given the green light in France. An official from France’s capital market watchdog, the AMF, has
