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Binance Invests USD 200M in Forbes


  Major crypto exchange Binance has made a USD 200m strategic investment into the global media company Forbes.  The news was announced today by Forbes and publicly traded special purpose acquisition company Magnum Opus Acquisition Limited.  Per the announcement,... Read More: Binance Invests...

What's Behind the KPMG Bitcoin & Ethereum Hype?


  The cryptoverse is hyped about the news that full-service Audit, Tax, and Advisory firm KPMG in Canada added the top two cryptoassets to its treasury. However, while the news is important for the space, it might help to keep in mind that the company in question is an independent KPMG affiliate...

Report: Andreessen Horowitz Seeks an Investment in Bored Ape Yacht Club


Two reports claim that the creators of the popular non-fungible token (NFT) project Bored Ape Yacht Club (BAYC) are in talks of raising funds from investors such as the venture capital firm Andreessen Horowitz. The alleged funding round is expected to be around $200 million, but sources further...

Belarus Moves to Allow Investment Funds to Acquire Crypto Assets


The crypto-friendly nation of Belarus is preparing to permit investment funds to put money into digital currencies. A proposal to do so is part of a package of necessary legal changes tailored to attract such institutions to the country. Finance Ministry Takes Steps to Facilitate Crypto Investments...

Silvergate Capital Purchases Diem Operations to Develop Own Stablecoin


Silvergate Capital, an investment firm that is the parent company of the Silvergate Bank, acquired the technology and assets of Diem, the formerly Facebook-backed stablecoin payment system. The payment totaled $182 million. The technology and assets acquired will reportedly be used for the launch...

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