Browsing: digital assets

Binance, the world’s largest cryptocurrency exchange, has secured a $2 billion investment from MGX, marking a significant milestone in the crypto industry. This strategic investment will enhance Binance’s global expansion efforts, strengthen its market position, and drive innovation in blockchain technology. The Binance MGX Investment Deal reinforces confidence in the future of digital assets, attracting more institutional investors to the sector.

Dubai-based cryptocurrency exchange Bybit announced on Friday that hackers had stolen $1.5 billion in digital assets, making it the largest crypto theft in history.

Looking back at 2024, it was a year of record runs for both gold and Bitcoin. Gold gained around a quarter in value, reaching a new record of almost USD 2,800 per ounce. Bitcoin’s run was even more remarkable. Prices more than doubled, topping the threshold of USD 100’000 for the first time ever as the year came to a close.