Binance Witnesses $1B in Withdrawals Amidst CFTC Indictment

Binance Witnesses $1B in Withdrawals Amidst CFTC Indictment

Nearly one billion dollars in cryptocurrency reportedly left the wallets of the crypto exchange platform Binance, as the U.S. Commodity Futures Trading Commission (CFTC) indicted Changpeng Zhao, the platform's CEO, and the platform itself for regulatory violations. Thanefield Capital's...

Binance Establishes a New Regional Center in Georgia

Binance Establishes a New Regional Center in Georgia

Binance, the world's largest cryptocurrency exchange, is taking big steps to increase its global reach by establishing a regional hub in Georgia. This move aims to expand the company's talent pool, promote blockchain education, and accelerate the adoption of...

First Citizen Bank Set to Acquire Silicon Valley Bank

First Citizen Bank Set to Acquire Silicon Valley Bank

The Federal Deposit and Insurance Corporation (FDIC) has announced that First Citizens Bank, headquartered in North Carolina, has acquired all of Silicon Valley Bank's deposits and loans through a purchase and assumption deal. Today, we entered into an agreement...

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