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Binance CEO Responds to Forbes Article on Fund Shuffling
cryptocurrency

Binance CEO Responds to Forbes Article on Fund Shuffling

Binance CEO Changpeng Zhao responded to a Forbes article that focused on the movement of funds by the cryptocurrency exchange. The article drew parallels between Binance and the now-defunct FTX and discussed the failed Voyager bid by Binance.US, as well as the United States Securities and Exchange Commission’s planned legal action against Paxos Trust Company, the issuer of the Binance-branded stablecoin, Binance USD (BUSD). Binance transferred $1.8 billion in stablecoin collateral to hedge funds such as Tron, Amber Group and Alameda Research between August and December 2022. Binance says it still supports BUSD and is now looking into non-USD stablecoins.

Crypto Winter Beats Top Crypto Billionaires from US Ranking - Forbes
cryptocurrency

Crypto Winter Beats Top Crypto Billionaires from US Ranking - Forbes

The downturn in the broader digital currency ecosystem has hit some notable billionaires in the US, pulling four names out of the wealthiest American’s list according to Forbes data.

Nearly 30% of the Top 65 World’s Wealthiest People Invested in Crypto: Forbes Survey
cryptocurrency

Nearly 30% of the Top 65 World’s Wealthiest People Invested in Crypto: Forbes Survey

The world’s richest individuals are also jumping on the crypto bandwagon because approximately 30% of the top 65 globe’s super-rich have directly or indirectly invested in cryptocurrencies, according to a Forbes survey.

19 Crypto Billionaires Rank among Forbes’ Annual World’s Billionaires List, Increased by 58% from Last Year
cryptocurrency

19 Crypto Billionaires Rank among Forbes’ Annual World’s Billionaires List, Increased by 58% from Last Year

The number of crypto billionaires increased from 12 in 2020 to 19 in 2021, increased by 58%, according to the Forbes’ Annual World’s Billionaires list.

Binance Invests $200M in Forbes ahead of SPAC IPO
cryptocurrency

Binance Invests $200M in Forbes ahead of SPAC IPO

Crypto exchange Binance is investing as much as $200 million in Forbes, through a new venture that will see the media unicorn go public listing in a merger with SPAC Magnum Opus.

Predictions of Rising Potential for Bitcoin and Ethereum in 2020
cryptocurrency

Predictions of Rising Potential for Bitcoin and Ethereum in 2020

A recent Forbes article gives us insights into the driving forces which could determine the trends to follow in the upcoming year, within the cryptocurrency market. Read more in the article below, with insights from leaders from BIS, NEM Ventures, Close Cross, and CVA.

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