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Binance to Invest $500 Million in Elon Musk Twitter Buyout


Changpeng 'CZ' Zhao, the outspoken CEO of major exchange Binance, has announced his company is planning to allocate more than $1 billion to acquisitions and investments in 2022. Binance’s top project in this field is providing $500 million in financing for Elon Musk’s planned takeover of the social...

Study: Samsung Named Most Active Investor in Crypto and Blockchain Startups


Between September 2021 and mid-June 2022, Samsung invested in 13 crypto/blockchain companies thus making the South Korean corporation the most active among the top 40 corporations. Google’s parent Alphabet firm, on the other hand, tops the category of top corporations that participated...

8 Best Proof of Stake Crypto to Invest in 2022


Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Proof of Stake (PoS) is a blockchain-based consensus which allows cryptocurrencies to verify transactions. A more sustainable and energy-efficient...

Tesla CEO Elon Musk Warns a Major Fed Rate Hike Risks Deflation


Tesla CEO Elon Musk has warned that a major rate hike by the Federal Reserve risks deflation in the U.S. economy. Musk’s warning followed an analysis by Ark Invest CEO Cathie Wood, who cautioned that “Leading inflation indicators like gold and copper are flagging the risk...

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