Binance.US aims for a ‘mega funding,’ reveals CZ
The United States arm of Binance is considering a public offering to raise a "couple hundred million," Changpeng Zhao said. Binance CEO Changpeng Zhao revealed that the United States branch of worldwide crypto exchange, Binance.US, is expected to complete a funding round to raise a "couple hundred million."Speaking at the Bloomberg New Economy Forum, CZ claimed that he was unaware of the precise amount. However, the official confirmation of the financing round may come in "about a month or two."As reported by Cointelegraph, regulatory worries surrounding Binance.US ultimately resulted in....
Related News
Bitfarms, the Canada-based Bitcoin mining unicorn, has at last revealed details about its activities in Argentina. The company says that the Bitcoin mega mining farm, whose construction started last month, will be built in the province of Cordoba, in association with a private power plant. Bitfarms will purchase the energy directly from this private power company, reportedly without causing stress to the power grid of the country.
Bitfarms Opens Up About Plans in Argentina
Bitfarms has revealed details about the construction of its bitcoin mega-mining farm in Argentina, which,....
A 713% increase in venture capital funding went to global blockchain startups last year, but will this trend continue? Last year was impressive for blockchain startups, as research from CB Insights found that venture capital funding reached new heights during every quarter of 2021. According to CB Insights’ “State Of Blockchain 2021” report, $25.2 billion worth of venture capital funding went to global blockchain startups last year, demonstrating a 713% increase from $3.1 billion in 2020.The report also found that the United States led the greatest amount of funding deals in Q4 of last....
The Binance Smart Chain has launched a $10 million bug bounty fund for projects building on top of the protocol, called “Priority One.” The initiative aims to keep the blockchain network secure by encouraging bug bounty hunters and ethical hackers. Binance Smart Chain Reveals $10 Million Bug Bounty Fund ‘Priority One’ Security experts and bug bounty hunters now have incentive to help the Binance Smart Chain (BSC) developers secure the network. On Monday, the BSC project revealed “Priority One,” a $10 million fund for projects built on top of the BSC....
Kim Dotcom is a well-known person in the cyber world as the founder of the now defunct file-sharing service Megaupload. Now, Dotcom is not only creating a new sharing service called Mega 2.0 but has made it well known that Bitcoin will be a major part of the platform. Mega 2.0, Bitcache, MegaNet. The new service that Dotcom has been working on called....
Crypto exchange Binance has launched a $1 billion fund which it calls “the biggest funding program of its kind in the whole cryptocurrency industry.” The company aims for the fund to “push the adoption” of the Binance Smart Chain and “the whole blockchain industry.”
Binance Launches ‘the World’s Largest Crypto Accelerator’
Cryptocurrency exchange Binance announced Tuesday the launch of a $1 billion Binance Smart Chain (BSC) Fund. The announcement states:
Binance announces the biggest funding program of its kind....