Binance secures $2 billion from Abu Dhabi’s MGX

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…

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TSMC Proposes Shared Takeover with Chip Giants

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…

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What Is XRP Spot ETF? When XRP ETF Approves?

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…

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