Binance is considering buying banks with $ 1 billion to bridge the gap between the worlds of traditional finance and cryptocurrency, founder and CEO Changpeng Zhao said in an interview with Bloomberg.
Crypto exchange Binance has launched an oracle service called Binance Oracle to power the BNB chain ecosystem, making it the first-ever blockchain to use Binance Oracle.
Earlier, CZ announced that the company will be spending more than $1 billion on potential investments and acquisitions this year. According to Binance, DeFi and NFT projects are among the good options.
Private and publicly-listed bitcoin miners can now apply for loans with Binance as the crypto exchange launched a $500 million fund to cope with the ongoing downturn of the crypto-market conditions.
London-based digital currency banking service provider, BVNK has announced it is now a licensed Virtual Assets Service Provider (VASP) with the Bank of Spain