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Forbes
Questions Loom Over Binance's Stablecoin Collateral
According to Forbes, crypto exchange Binance moved $1.8 billion of collateral meant to back its customers' stablecoins to hedge funds last year. "The Hash" panel discusses why the reporting is raising significant questions about the management and custody of customer assets and stablecoin collateral by Binance.

Binance Transferred $1.8B in Stablecoin Collateral to Hedge Funds Last Year: Forbes
Cryptocurrency exchange Binance moved $1.8 billion of collateral meant to back its customers' stablecoins to hedge funds last year, according to Forbes. In a statement sent to CoinDesk, a Binance spokesperson said in part that the transactions identified by Forbes relate to internal wallet management and did not affect the collateralization of user assets. Forbes Director of Data and Analytics Javier Paz discusses the key takeaways from the article.

SEC’s Hester Peirce Does Not Support Bailouts for Crypto Industry
U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce told Forbes Tuesday she does not support bailouts for the crypto industry, and the recent market crash could give the space a more sustainable foundation for the future. “The Hash” panel digs into the assessment.

Binance Labs Raises $500M Fund for Web 3 Investments
Binance Labs, the venture capital arm of crypto exchange Binance, has raised $500 million for a fund investing in Web 3 and blockchain companies. This comes as Forbes confirmed it’s no longer going public via SPAC after Binance invested $200 million in the publisher earlier this year.

Binance, Sequoia Back Elon Musk’s Twitter Takeover
According to an updated SEC filing, cryptocurrency exchange Binance committed $500 million and venture capital firm Sequoia Capital $800 million to help finance Elon Musk’s $44 billion takeover of social media platform Twitter (TWTR).

Binance Takes $200M Stake in Forbes: What to Know
Digital publisher Forbes and Magnum Opus Acquisition Ltd. received a $200 million investment from crypto exchange Binance. This comes as Forbes is looking to list on the New York Stock Exchange (NYSE) as part of a SPAC merger with Magnum Opus.

Bitcoin Could Become Legal Tender in El Salvador
Avik Roy, the president of Foundation for Research on Equal Opportunity and Forbes Policy Editor, joins “All About Bitcoin” to explain why he thinks the U.S. cannot deny bitcoin as a currency once El Salvador establishes it as legal tender.

$700M Forbes Bidder Plans Crypto Future for Storied Media Brand
Forbes has been offered $700 million to be acquired by Patrick McConlogue’s Borderless Services, a blockchain holding group. “The Hash” panel tackles the intersection and future of media and blockchain technology.

Forbes List of Crypto Billionaires Led by Sam Bankman-Fried, Winklevoss Twins
Forbes is out with its annual World's Billionaires List. Among the big crypto names making the 2021 list are Sam Bankman-Fried, Michael Saylor and the Winklevoss twins. "The Hash" panel discusses who made the list, the globalization of crypto wealth and whether the world will see another wave of bitcoin billionaires.

Forbes співпрацює з Civil для публікації контенту на блокчейні
Forbes почне публікувати метадані статей на блокчейн-платформі Civil з наступного року, оголосили компанії у вівторок.
