Binance, other crypto corporations line up bids for bankrupt Voyager Electronic soon after FTX collapse

Binance, other crypto corporations line up bids for bankrupt Voyager Electronic soon after FTX collapse


Crucial Details
  • Electronic currency financial institution Voyager Digital has been thrown back to sq. a person immediately after FTX, which experienced to begin with agreed to acquire the business, filed for bankruptcy.
  • Crypto platforms Binance and CrossTower both equally explained they plan to post revised bids for the enterprise.
  • Binance has also set up a $1 billion fund aimed at supporting ailing providers in the field.



Resource

Jerome Powell says he will continue to serve as a Fed governor, calls Trump criticism ‘unprecedented’
Finance

Jerome Powell says he will continue to serve as a Fed governor, calls Trump criticism ‘unprecedented’

Key Points Fed Chair Jerome Powell on Wednesday said he will stay on the Board of Governors for an indefinite period while a probe into the renovation of the central bank’s headquarters continues. The statement resolves for the moment a key question that hovered over the Federal Open Market Committee meeting. “The things that have […]

Read More
Here’s what changed in the new Fed statement
Finance

Here’s what changed in the new Fed statement

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on Dec. 13, 2023. Liu Jie | Xinhua News Agency | Getty Images This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in March. Text removed from the March statement is in […]

Read More
Kalshi bettors see Powell staying on as Fed governor after chair term ends
Finance

Kalshi bettors see Powell staying on as Fed governor after chair term ends

Key Points Bettors on Kalshi think there’s just a 30% chance Powell leaves by June. On Polymarket, bettors think there’s an 87% chance he leaves between May 15 and May 22. Powell will address reporters after the Fed meeting today, where he is expected to be asked about his future as a governor. Source

Read More