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

How Wall Street learned to love bitcoin

How Wall Street learned to love bitcoin

Bitcoin surged to new heights in 2021 as companies like Tesla and Mastercard warmed to crypto. But with regulators circling, the currents ahead are likely choppy. Bitcoin is the talk of the financial world. The world’s largest cryptocurrency started 2020 at $ 9,000. As time passed, bitcoin’s value rose sharply, soaring to an all-time high … 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