Tag: announced
Binance Converts $1B SAFU Fund to USDC, Now 3% of Circulating Supply
SAFU acts as Binance’s emergency insurance, protecting users from major events like breaches, reducing potential losses.
Voyager Digital Secures $484 Million from FTX and 3AC Settlements
About $450 million of the recovered funds originated from a settlement with FTX.
Coinbase Mimics MicroStrategy, Announces $1 Billion Convertible Bond Offering
Coinbase’s upcoming offering will enhance the company’s ability to settle three outstanding debts maturing in 2026, 2028, and 2031.
BRICS Is Developing a Blockchain Payment System
Ushakov highlighted that the system is convenient, free of political influence, and economically efficient.
Binance Halts Nigerian Naira Transactions, Compliance Concerns Intensify
Binance’s peer-to-peer platform had already removed all NGN trading pairs in late February.
NEAR Foundation to Cut Team by 40% in Realignment Effort
Layoffs will impact community, business development, and marketing teams.
These 4 Bitcoin Mining Stocks Outperformed Apple and Amazon in 2023
Bitcoin mining stocks were among 2023’s top performers on Wall Street. Four mining companies beat Apple and Amazon shares to deliver gains that put them among the top ten stocks for the year.