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MGX BACKS Binance IN LANDMARK INVESTMENT

Binance secures ‘largest investment ever’ in crypto as Abu Dhabi’s MGX pledges $2 billion

In a joint press release, the firms said the minority stake would be paid for in stablecoins, making it the biggest investment ever paid in cryptocurrency. A joint press release noted that "by partnering with the leading industry player,

Bloomberg on MSN · 12h

Abu Dhabi’s MGX Makes Record $2 Billion Investment in Binance

Binance said Abu Dhabi’s MGX has acquired a minority stake for $2 billion, the first institutional investment in the world’s largest cryptocurrency exchange.

Reuters · 11h

Abu Dhabi-backed investor buys into Binance with $2 bln of crypto

Abu Dhabi investment group MGX has invested $2 billion worth of cryptocurrency into Binance, in what the world's largest cryptocurrency exchange said on Wednesday was its first institutional investment.

BeInCrypto1d

Binance and Coinbase Traffic Drop Nearly 30% Amid Crypto Market Decline

Binance and Coinbase face 30% traffic losses in February, signaling weak investor sentiment and a declining CEX market.

Binance Affiliates Ask Supreme Court to Take Coin Website Case

A digital asset holder’s lawsuit against a Binance.US-affiliated cryptocurrency website raises important questions about threshold requirements to sue under several statutes, Binance.US and the ...

Premium Times3d

Inside the deal that freed Binance’s Gambaryan, what Nigeria benefited

This is a blow-by-blow detail of the agreement between Nigeria and the US that yielded the release of Tigran Gambaryan, the ...

Legit on MSN7d

"No Handcuffs": FG Speaks on How US Should Treat Nigerians Listed for Deportation

Nigeria’s Foreign Minister Yusuf Tuggar addresses US deportations, Binance scandal, and sextortion cases, reaffirming the ...

16h

Nigeria secures $60 million from the US as part of Binance executive’s release terms

In a major development in the ongoing dispute between Nigeria and cryptocurrency exchange Binance, the Nigerian government has secured $60 million from the United States as part of the terms for the ...