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Tag Archives: News

Binance Pledges $2 Billion to “Save Crypto”

Changpeng Zhao – the man behind famed digital currency exchange Binance – has pledged roughly $2 billion to help save the digital currency arena. Binance Is Looking to Save the Crypto Space The crypto space has been failing as of late. Bitcoin, for example, has lost more than 70 percent of its overall value since it reached its new all-time high of about $68,000 per unit in November of 2021. In general, crypto has lost more than $2.2 trillion in valuation, and many...

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Tom Lee: FTX Shouldn’t Reflect on the Crypto Space

Tom Lee of Fundstrat fame believes that what happened with the now disgraced crypto exchange FTX should not reflect on bitcoin or the industry in general. He still believes in the power of crypto and doesn’t think the arena should suffer because of what a few bad actors have done. Tom Lee on Bitcoin and FTX In a recent interview, Lee commented that the current bear run the crypto space is enduring is similar with the one it experienced in 2018. He said that bear run came...

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Crypto Pioneer Tiantian Kullander Passes Away

Tiantian Kullander – the founder of digital currency firm Amber Group – is alleged to have passed away in his sleep on November 23 according to a statement from the company. Tiantian Kullander Has Passed On Kullander launched the enterprise in 2017. At the time of his death, the firm was valued at more than $3 billion and was in the process of garnering another $100 million. The company was composed of several workers who spent time in the traditional finance sector,...

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