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Teng believes Binance is “open and candid about things in the past,” pointing out the firm is still very young. Binance, which will soon celebrate its sixth birthday, started as a technology firm, Teng said, at a point in time when most jurisdictions had no regulations or proper guidance. Today,
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Members of the U.S. Federal Reserve are getting criticized this week after the central bank published its minutes report from the policy meeting on December 14-15. Following the update, the outgoing vice chair of the Federal Reserve’s trading activities has reignited ethics conversations. Richard Clarida’s Trades Under Scrutiny The U.S. central bank
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Venture capital firm CMCC Global is targeting $300 million worth of investments for its latest crypto fund with the backing of investors, such as billionaire Richard Li and Gemini co-founders, the Winklevoss twins.Richard Li, who backed CMCC’s previous crypto token fund, will roll over to the latest fund along with
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Earlier this week, Branson sold 5,584,000 shares of his company between April 12 and 14. According to SEC filing, the shares were worth approximately $150.3 million. Virgin Galactic Holdings Inc (NYSE: SPCE) stock closed yesterday trading at $23.06, down more than 13%. As a result of the continued
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Billionaire Richard Branson is going to join the line of investors who have raised millions for blank check companies.Billionaire and investor Richard Branson is planning to raise $460 million for a new blank check company. The English billionaire hopes to use the raised funds to create a new special purpose
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Bitcoin’s (BTC) smallest denomination is now worth more than an entire unit of altcoin Hex (HEX) after the controversial token lost over 50% in a day.Data from Coinmarketcap and other sources confirm that HEX/BTC is now below 1 satoshi — or 0.00000001 BTC.HEX price too small to measurePut in
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HEX is a new financial tool and cryptocurrency launching on the Ethereum network via a Bitcoin UTXO snapshot on December 2. Critics are questioning HEX’s legitimacy, calling it a colossal cash grab and privacy compromise. Devout fans can’t wait to claim their tokens and start staking. So who’s right
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