Binance Commits $1B to Crypto Industry Recovery Fund
On Tuesday (22 November 2022), Michael Saylor, Co-Founder and Executive Chairman at business intelligence software company MicroStrategy Inc. (Nasdaq: MSTR), made comments that suggested he believes Bitcoin should be judged on its own and not considered as a synonym for crypto. It is worth remembering that on...
On Tuesday (22 November 2022), Barry Silbert, the founder and CEO of incubator and crypto-focused venture capital firm Digital Currency Group (DCG) talked about troubled crypto lender Genesis Global Capital. Former investment banker Silbert is one of the earliest and most active investors in the crypto space. DCG, the company he founded...
In the first phase of its presale, a new and unique Defi project known as Orbeon Protocol will enable investors to enter the venture capital industry. ORBN, the native utility token of Orbeon Protocol, has already increased in value from $0.004 to $0.014. Orbeon Protocol (ORBN) allows everyone to invest in early-stage startups Orbeon Protocol is a decentralized investment platform that enables investors to invest in early-stage firms that they believe in. This is achieved by minting startups as NFTs and...
Crypto brokerage firm Genesis Trading is struggling majorly to raise fresh capital in its current time of distress. As per the latest WSJ report, the crypto lender also approached players like Binance and Apollo Global Management to bid for its loan book. However, sources familiar with the matter said that Binance has decided not to invest in Genesis at this point. As per the sources, Binance believes that some of Genesis’s businesses might create a conflict of interest in the...
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject BNB has been on a steady downtrend since the beginning of the year. The altcoin was worth $514 on 1 January, but catastrophic market events like the collapse of Terra and the following crypto-winter have left it worth $272 at press time. A brief spike was witnessed on 8 November following the announcement...
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject Since Wednesday, there have been concerns about the price movement of Ethereum (ETH), following reports that Genesis has suspended all payouts and reimbursements. Following the FTX catastrophe from last week, it might be the final domino to fall. Read Price Prediction for Ethereum [ETH] 2023-24 A number of other platforms are taking similar steps, with Gemini,...
Pre-seed funding round of $1.2M raised with Circle Ventures, Proximity Labs, Tacans Labs, Outlier Ventures, Skynet Trading, and Qredo Built differently than other DEXes with re-invented features including “Adaptable Liquidity Pool” and “True Margin leveraged trading” for efficient capital deployment Incorporated in Zug, Switzerland, the crypto-valley, and supported by a team of blockchain, TradFi and DeFi experts across Ukraine, Portugal and the UK Web3 venture builder, Tacans, introduces today their latest project, a traditional finance (“TradFi”) empowered decentralized exchange (“DEX”) on the...
LBank Exchange, a global digital asset trading platform, will list WCA TOKEN (WCA) on November 18, 2022. For all users of LBank Exchange, the WCA/USDT trading pair will be officially available for trading at 10:00 UTC on November 18, 2022. Utilizing the power of blockchain technology and NFTs, WCAPES makes football accessible for everyone by providing a real opportunity for them to be an investor in the global football business. Its native token WCA TOKEN (WCA) will be listed on...
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The market structure could turn bullish if the daily trading session closes above $0.235 However, this might not be a signal for longer-term buyers to invest in CHZ yet Chiliz announced that FTX users who held CHZ might be compensated up to $10,000. This was made possible by their decision to allocate 38 million...