On Thursday, a group of former executives from Binance, one of the world’s largest cryptocurrency exchanges launches a $100 million venture fund to support Old Fashion Research (OFR). Old Fashion Research (OFR) was established in late 2021 by managing partners Ling Zhang, who was recently vice president of M&A and
The money of Binance customers is never combined with the company’s own. CZ had previously worked for Bloomberg Tradebook and the Tokyo Stock Exchange. Users would get a refund before shareholders if Binance went bankrupt, according to CEO Changpeng Zhao (CZ). The CEO remarked a May 21st Ask me anything
LUNA team was unable to create enough “revenue” to keep it going. The incentives utilized to attract new investors were not sufficient to keep pace. Following the recent Terra ecosystem collapse, Changpeng Zhao, the CEO of Binance, has continued to express his thoughts on the matter. According to a recent
At the time of writing, TRON (TRX) holds a market cap value of $1.014 billion USD. Whale transaction was detected around 08:22:09 UTC on May 20. The sky-high volatility of the crypto market is highly swayed by the dominant bears. Major cryptos exhibited whooping losses during the month of May,
Binance NFT and Dubai’s Museum of Future announced its collaboration. This partnership aims to launch the first-ever NFT collections. It will help the industry to expand and support blockchain usage in the region. The crypto industry is moving forward with new implementations and valuable partnerships aiming to build a strong
Kashif Raza thrashes India based crypto exchanges. Determines will only result in losses for the youth. Ridicules abruptly on comparing with Indian online games. The Indian crypto currency industry has come up a long way so far. From initially planning to ban crypto for the nation to the nation coming
Yep, it’s official, Terra (LUNA) is now into the history book of cryptocurrency. LUNA has died out a long back since yesterday. Currently, LUNA stands for a price of $0.00002712, with the graphs reaching almost 100%, at just 99.91% down for the last 24 hours into consideration. Besides, almost all
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
The entire crypto space is witnessing a massive downfall in the last two days, reflecting drastic price changes in all cryptocurrencies. To be specific, the price of Bitcoin (BTC) tumbled down, raising the risk level for all investors in the marketplace. On that note, BTC slopes down to 50% from
As one of the most relentless crypto exchanges in getting regulatory clearance and operating licenses from authorities throughout the globe, Binance is a clear leader. However, the Spanish regulator, Comisión Nacional del Mercado de Valores (CNMV), has yet to approve the exchange’s crypto derivatives services in Spain; hence it has
