The Department of Justice (DOJ) is rethinking its choice to designate Sullivan & Cromwell as Binance‘s impartial overseer due to their connection with FTX. Based on Bloomberg’s report, the law firm was close to being appointed to ensure Binance adhered to a settlement requiring a $4.3 billion fine for violating U.S. laws against money laundering … Read more
Recently, the deposit amount of FDUSD stablecoin in Binance‘s OMNI Launchpool has exceeded its stated circulating supply. At first glance, the platform displayed a deposit amount of approximately $6.37 billion in FDUSD, generating interest because the market value of this stablecoin is typically around $3.9 billion. Based on information from CoinGecko, the FDUSD stablecoin is … Read more
Meta, the large player in social media, declared on April 15 their plans to broaden the Quest services offered at a corporate level into the field of education. Based on Statista’s data, Quest virtual reality headsets from the company are currently the undisputed leaders in the extended reality (XR) market. The XR industry is projected … Read more
Recently, Bitkraft Ventures and Hashed led a $10 million investment in the innovative crypto gaming company, Avalon. This financial injection will help bring to life Avalon’s first game, a massive, multiplayer online title with grand ambitions. Aavalon is thrilled to share that we’ve successfully completed a $10 million investment round, with BITKRAFT Ventures and HASHED … Read more
Recently, Coinbase and Kraken, two well-known digital currency exchanges, introduced new ads focusing on the upcoming Bitcoin halving event. Coinbase’s latest commercial highlighted Bitcoin’s increasing worth since its creation in 2009, using charts to demonstrate how the cryptocurrency’s buying power has evolved over every four-year period, represented by pizza purchasing examples. Food for thought:What if … Read more