Binance raises $ 500 million fund to invest in Web3 startups

Binance raises $ 500 million fund to invest in Web3 startups

Binance is the world’s largest cryptocurrency exchange, handling $ 490 billion of spot trading volumes in March 2022. Akio Kon | Bloomberg | Getty Images Binance, the world’s largest cryptocurrency exchange, is launching its own venture capital fund. The company’s venture arm, Binance Labs, said Wednesday it has raised $ 500 million for its debut … Read more

Bitcoin prices sink, Gary Vee on state of NFT market, Coinbase slashes spending: CNBC Crypto World

Bitcoin prices sink, Gary Vee on state of NFT market, Coinbase slashes spending: CNBC Crypto World

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, CNBC’s Tanaya … Read more

Bitcoin (BTC) falls sharply as $ 126 billion wiped off crypto market

Bitcoin (BTC) falls sharply as $ 126 billion wiped off crypto market

Bitcoin fell sharply after a sell-off of major US stock indices. Bitcoin has been correlated closely to the price movement of the Nasdaq index. Luke MacGregor | Bloomberg | Getty Images Bitcoin cratered on Thursday as a major stock sell-off in the US spooked the cryptocurrency market. Bitcoin was down more than 8% at $ … Read more

$ 320 million stolen from Wormhole, bridge linking solana and ethereum

$ 320 million stolen from Wormhole, bridge linking solana and ethereum

The logo of cryptocurrency platform Solana. Jakub Porzycki | NurPhoto via | Getty Images One of the most popular bridges linking the ethereum and solana blockchains lost more than $ 320 million Wednesday afternoon in an apparent hack. It is DeFi’s second-biggest exploit ever, just after the $ 600 million Poly Network crypto heist, and … Read more