Binance deploys $1 billion to keep crypto field afloat just after FTX collapse

Binance deploys billion to keep crypto field afloat just after FTX collapse

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Binance stated it will commit $1 billion in first commitments to the recovery fund.
It may possibly raise that quantity to $2 billion at a point in time in the upcoming “if the want occurs,” the firm additional.
Considering that FTX’s rapid winddown, buyers have concerned about a crypto contagion influencing each individual corner of the sector.

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Key Points Kalshi on Thursday announced new initiatives to expand its surveillance and enforcement frameworks, just days before the Super Bowl. The prediction market is adding advisory committees and resources for consumers on insider trading and market manipulation. Kalshi said its trading volume for Super Bowl predictions has already passed $160 million. Source

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Stocks making the biggest moves premarket: Qualcomm, Strategy, Align, Estee Lauder and more

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