Abu Dhabis MGX Invests $2 Billion in Binances Stablecoin Boosting Crypto Partnership

Abu Dhabi Firm MGX Supports Binance’s $2 Billion Stablecoin Investment Abu Dhabi-based investment firm MGX has shown its support for Binance’s recent $2 billion investment in a stablecoin project. This move reflects a growing interest from traditional financial institutions in the rapidly evolving cryptocurrency market. The partnership between MGX and Binance demonstrates a strategic collaboration [...]

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Binance’s revenue grew 10x over two years: report | Invezz

Binance is a global crypto giant, with this outlook reflected in the cryptocurrency exchange’s annual revenue. OKX also saw a 4x organic growth in its revenue over the same period, while Huobi recorded a 98% drop in revenue in 2022 as the bear market decimated multiple crypto-focused businesses. Per data shared on Tuesday by on-chain ... Read more

<p>The post Binance’s revenue grew 10x over two years: report | Invezz first appeared on CCNC.</p>

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Binance Under SEC Investigation for BNB

BNB is accused of being security and Binance has broken the law by selling it. Binance US states it follows

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Binance’s market share drops amid the recent regulatory action: report

Digital Assets Data Provider Kaiko in a deep-dive analysis of the crypto trends that matter has pointed out a dwindling Binance market share. Binance has had consistent growth since its founding in 2017 with the bulk of the growth happening after 2020. In 2021, Binance held 25% of the spot volume market share and then …

<p>The post Binance’s market share drops amid the recent regulatory action: report first appeared on CCNC | Cryptocurrency Newscast.</p>

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