Key Takeaways Abu Dhabi’s MGX invested $2 billion in Binance, marking the largest-ever crypto company investment. The investment gives MGX a minority stake in Binance to support blockchain technology development. Share this article Binance announced Wednesday that the company has secured $2 billion from MGX, the Abu Dhabi-based investment firm that backed Trump’s $100 billion…
Intel foundry. Image: Intel Taiwan Semiconductor Manufacturing Company has offered a share in its proposed acquisition of Intel’s chip foundries to NVIDIA, Broadcom, and AMD, sources told Reuters. The Taiwanese chipmaker intends to oversee the operations of Intel’s fab division, but aims to retain less than 50% ownership and is seeking multiple partners for the…
KEY POINTS Ripple is gaining a lot of attention from big institutions and an XRP spot ETF application has been filed. Multiple spot ETF applications are under review and the US Securities and Exchange Commission will make a decision soon. Approval of Spot XRP ETF will bring institutional capital that will impact the price of…
Which Tesla Did Trump Buy? That would be a MAGA red 2024 Model S. But Tesla has other fish to fry than a 78-year-old joyriding in an electric sports car. Tesla’s reign in the EV arena is faltering, it’s stock battered by slashed forecasts, delivery woes, and Musk’s bellicose political entanglements. The future feels more…
SAVE $31.99: As of March 12, get the Sony Inzone wireless gaming earbuds for $168, down from their usual price of $199.99, That’s a discount of 16% and their lowest price yet. Not all gaming audio accessories have to be bulky over-ear headsets. Sony has a pair of earbuds specifically for gaming, and they’re on…
This content is provided by a sponsor. PRESS RELEASE. San Francisco – 12th March 2025: Rakurai, the infrastructure project supercharging Solana staking, has closed a $3 million seed funding round led by Anagram Ventures. Other investors in this round include Paper Ventures, Colosseum, Slow Ventures, Robot Ventures and Crypto.com. P2P.org, GlobalStake and Cyber Fund also…
A massive liquidation event involving a whale’s $340 million ETH position has sent shockwaves through Hyperliquid, resulting in an 8.5% price drop for its native HYPE token. The fallout also left the platform’s HLP vault with a $4 million loss, sparking concerns among traders and investors that it may have fallen victim to hackers. What…
Honorable Mentions Photograph: Adrienne So Linus Roadster for $349: We tried the 20-inch Roadster and it’s a little kids’ bike, with coaster brakes and no gears. The reach is also a little far for a 7-year-old. However, it is a beautiful bike, with an aluminum alloy frame and gorgeous, vegan leather handlebar grips and seat….
Indian police have arrested Aleksej Besciokov, co-founder of Garantex, a Russian cryptocurrency exchange sanctioned by the U.S. and the European Union for facilitating money laundering. Besciokov, a Lithuanian national, was detained in Varkala, Kerala, under India’s extradition law, according to state police officials, TechCrunch and Brian Krebs reported. The arrest occurred at 4 p.m. local…
One layer-1 altcoin is surging after a surprise listing by Binance, the world’s largest crypto exchange by trading volume. In a new announcement, Binance says that it is launching futures contracts with up to 75x leverage for Viction (VIC), formerly known as TomoChain. As the listing announcement went out, VIC exploded and is currently up…
