Tag: Binance

  • Binance studies a $2 billion bailout fund for the cryptocurrency sector

    Binance studies a $2 billion bailout fund for the cryptocurrency sector

    The head of Binance, Changpeng Zhao, has revealed the details of the rescue plan for the cryptocurrency sector through the creation of a fund that could reach 2,000 million dollars. Investors whose objective is to support crypto companies that are in a liquidity crisis would participate in this fund. Binance would provide $1 billion initially,…

  • Binance creates a donation committee for politicians, will it follow in the footsteps of FTX?

    Binance creates a donation committee for politicians, will it follow in the footsteps of FTX?

    Binance could raise and donate money to candidates, as FTX did with its Political Action Committees. As a pair of senators call on the US Department of Justice (DOJ) to open a criminal investigation into what they call FTX’s “fraudulent tactics”, the US arm of the Binance exchange is creating its own Political Action Committee…

  • FTX: This is what happened to the fallen crypto giant

    FTX: This is what happened to the fallen crypto giant

    The failure of FTX has left a deep groove in the cryptocurrency market. Investor doubts about the sector had already risen after the implosion of the TerraUSD stablecoin and its related LUNA token, followed by the bankruptcies of digital currency lender Celsius, Digital Voyager exchange, and hedge fund Three Arrows Capital. The wound inflicted by…

  • Cryptocurrency crack

    Cryptocurrency crack

    Cryptocurrencies in decline. The great fall and crack of cryptocurrencies. The market fears the bankruptcy of Genesis Sales on the cryptocurrency market do not stop. Bitcoin plunges below $16,000, hitting a new low of $15,500 on reports that crypto lender Genesis is about to file for bankruptcy, following the fate of Sam Bankman-Fried’s FTX. The…

  • Ronaldo – Ibrahimovic, who wins the NFT challenge?

    Ronaldo – Ibrahimovic, who wins the NFT challenge?

    Cristiano Ronaldo warms up his muscles while waiting to go out onto the field for Portugal’s debut in the World Cup in Qatar on Thursday, November 24 at 5:00 p.m. against Ghana, and meanwhile enjoy the results of his umpteenth social feat. The Portuguese champion who returns from the bitterness of Manchester has added a…

  • How to keep my cryptocurrencies safe?

    How to keep my cryptocurrencies safe?

    For many, recent events have highlighted the need to own their private keys so as not to be dependent on any centralized entity. So what is the best option to keep your cryptocurrencies safe? Keeping your bitcoins: the ideal solution? The bankruptcy of one of the largest exchanges on the planet has many consequences for…

  • Nouriel Roubini warns about cryptocurrencies

    Nouriel Roubini warns about cryptocurrencies

    “Totally Corrupt”: Popular Economist Nouriel Roubini Fiercely Attacked the Crypto Ecosystem

  • Binance Launches Recovery Fund to Avoid Sector Apocalypse

    Binance Launches Recovery Fund to Avoid Sector Apocalypse

    The Binance CEO has announced the creation of a recovery fund to “help projects that are solid but in a liquidity crisis.” The objective is to prevent a domino effect derived from the bankruptcy of FTX, which filed for bankruptcy last Friday. To reduce further cascading negative effects of FTX, Binance is forming an industry…

  • FTX officially files for bankruptcy

    FTX officially files for bankruptcy

    Less than a week after being embroiled in a liquidity crisis, FTX filed for bankruptcy. Additionally, Sam Bankman-Fried resigned as CEO. The FTX debacle adds a new chapter. The cryptocurrency exchange has filed for bankruptcy in the United States, less than a week after being embroiled in a scandal over a liquidity crisis. Additionally, Sam…

  • How to start investing in cryptocurrency?

    How to start investing in cryptocurrency?

    Investing in cryptocurrencies: how to start from scratch without screwing up or being scammed If you have come this far, it is because you are interested in investing in cryptocurrencies or at least you are curious about them. In recent times it is quite likely that you have read news about the world of Bitcoin…