Binance launches Venus, which it calls an “independent, regional version” of Facebook’s Libra

Binance, the world’s largest cryptocurrency exchange, announced today that it will launch an open blockchain project called Venus to develop regional stablecoins pegged to fiat currencies (or traditional currencies usually issued and backed by a government). Based in Malta, Binance launched its decentralized trading service, Binance Chain, earlier this year, and since then has issued […]

Another crypto exchange goes old school as KuCoin raises $20M from VCs

I’ve said it before but I’ll say it again: One of the biggest trends in crypto this year is companies raising money the old-fashioned way — through venture capitalists. Hot on the heels of Binance raising money from Singapore’s Vertex Ventures, KuCoin, a relatively new crypto exchange, has pulled in $20 million. The money comes […]

Even the world’s largest crypto exchange needs help from traditional VCs

Crypto-anarchists may not like it, but money doesn’t buy everything. Sometimes, you just need the help of a traditional venture capitalist. Binance is the fastest growing company in crypto — having risen to become the world’s largest crypto exchange based on trading volumes in under one year — but even it needs help from the old […]

Malta paves the way for a decentralized stock exchange

Malta AKA “Blockchain Island” has been making waves lately in the world of cryptocurrency and governance. Their latest move involves the crypto exchange Binance and the ICO builders at Neufund. The plan is simple: Neufund will help MSX, the Malta Stock Exchange’s skunkworks, create tokenized securities. Binance has agreed to carry these securities on its […]

Binance, the world’s largest crypto exchange, plans $1 billion investment fund

The upstarts of crypto aren’t just aiming to disrupt the startup status quo, some are rivaling traditional venture capital investors, too. That’s particularly evident today after Binance, the world’s largest crypto exchange based on daily trade volumes, announced a $1 billion fund to back blockchain and crypto startups. The ‘Community Influence’ fund, which will be denominated in […]