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…

Read More

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…

Read More

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…

Read More

Rakurai Raises $3M Seed Round to Accelerate Development of High Throughput Solana Nodes

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…

Read More