Binance.US has been selected by Voyager Digital as the “highest and best bid” for its assets as part of its Chapter 11 bankruptcy proceedings, the company said on Dec. 19. The deal is valued at $1.022 billion for Voyager’s existing portfolio and “incremental value.” On Dec. 19, Binance.US announced in a blog post the agreement…
Andreessen Horowitz (a16z) just released an omnibus list of “big ideas” tech builders may tackle in the year ahead, according to various a16z domain partners spotlighting a big idea that startups in their fields may tackle in 2023. The list spans everything from consumer tech and games to enterprise and AI to fintech and of…
Top investment deals across the crypto sector over the last week (Dec. 10–16, 2022): Bitcoin miner TeraWulf raises $10 million TeraWulf restructured a deal with Bitmain that will allow it to expand hashrate further by early 2023. The company also announced that it raised $10 million in fresh capital to repay a convertible promissory note….
The so-called “first ethics digital money” Islamic Coin, built in the HAQQ ecosystem, has signed a partnership with The Federation of Muslim Associations of Brazil (Fambras). The alliance is focused on creating an efficient payment system and a sustainable entrepreneurship environment. With the Fambras-HAQQ partnership, the alliance will focus on creating a sustainable entrepreneurship environment…
Binance, the largest crypto exchange by volume traded, is not the next FTX, according a report from CryptoQuant. The analytics firm found the exchange is almost entirely collateralized and diversified away from its proprietary token. CryptoQuant, the Seoul-based analytics firm points to on-chain data to support claims made in a recent audit that Binance is…
Payments firm PayPal announced its plans to integrate its buy, sell, and hold crypto services with MetaMask Wallet on Dec. 14, aiming to broaden users’ options to transfer digital assets from their platforms. Users will be able to buy and transfer Ether from PayPal to MetaMask soon. The partnership between PayPal and MetaMask developer firm…