Binance Financial News

In a statement, Binance CEO Changpeng Zhao said: “As Web 3 and blockchain technologies move forward and the crypto market comes of age we know that media is an essential element to build widespread consumer understanding and education."However, amid concerns about conflict of interests at the publication, he later took to Twitter to insist that "Forbes editorial independence is and will always be sacrosanct".The multi-billionaire added that the investment is to "help them build Web3 infrastructure in the coming years".Last year, Binance dropped a lawsuit against Forbes and two of its journalists over a story about the crypto firm's corporate structure. In September, having faced regulatory scrutiny in a host of countries, Binance vowed to centralise its business structure to address concerns about a lack of systemic transparency.Zhao tweeted yesterday: "Like many fast-growing, innovative companies, Binance is used to media scrutiny.

A group of crypto lovers came together to raise money for Wikileaks founder Julian Assange’s legal defense – while also getting a DAO, an NFT, and a new token in the process. However, contributors also need to exercise caution and not take what they see for granted.

Cryptocurrency exchange operator Binance Holdings is making a $200m investment in the publisher of Forbes magazine, an unusual tie-up between a digital-currency firm and a traditional media outfit, the companies said on 10 February.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice

Binance, the world's largest cryptocurrency exchange, is making a $200 million strategic investment in Forbes, a print and digital publisher, founded in 1917 and best known for the magazine of the same name. The funding from Binance is supposed to assist Forbes in completing a planned merger with a special purpose acquisition company (SPAC) in the first quarter of 2022.

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

Major cryptocurrency exchange Binance will make a $200 million investment in Forbes, the media company said on Thursday, with the platform taking a stake through a publicly traded special purpose acquisition company (SPAC).

Binance, the world’s largest cryptocurrency exchange by trading volumes, is making a strategic investment in the 104-year old magazine Forbes to improve consumer understanding of cryptocurrencies and blockchain.

Major crypto exchange Binance has made a USD 200m strategic investment into the global media company Forbes. 

Binance, the world's biggest cryptocurrency exchange, is making a $200 million strategic investment in Forbes, the 104-year old magazine and digital publisher, CNBC has learned.

Disclaimer: The text below is a press release that was not written by Cryptonews.com. 

Disclaimer: The text below is a press release that was not written by Cryptonews.com. 

Data collected from Russian authorities showed that the country could earn 1 trillion rubles ($13 billion) each year by taxing cryptocurrency transactions, Moscow-based news outlet The Bell reported.

Shiba Inu saw exponential gains over the past week and challenged its Point of Control that offered the highest liquidity for nearly three months. Further, Binance Coin and VeChain also projected a one-sided bullish preference in their near-term technicals. Besides, all of these cryptos now flashed an overbought RSI that could eye to test their immediate supports.  

Disclaimer: The text below is a press release that was not written by Cryptonews.com. 

Crypto exchanges are now the largest consumers of Bitcoin (BTC) block space – with transactions related to them taking some 40% of that space, found the on-chain analytics firm Glassnode.

Cryptocurrencies may dominate this Super Bowl ad, emerging as the winner. Coinbase Global Inc., the largest U.S. exchange, as well as exchanges FTX and Crypto.com will all be involved, according to a person familiar with the matter. Canadian exchange Bitbuy had an advertisement during the Canadian broadcast.

The founder of TRON and billionaire Justin Sun found himself in the middle of a controversy. As per this, the community accused the Chinese-born Grenadian diplomat of being a part of a “Governance attack” scheme. However, some, including himself say otherwise.

Business partnerships and ventures are important in crypto as they indicate where and when major moves might take place in the near future. That said, several signs are pointing to one particular location at the moment. So what is this country and why is it so special?

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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._____