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Binance CEO Seeking Funds From Middle East Investors for Crypto Recovery Fund: Bloomberg
FTX

Binance CEO Seeking Funds From Middle East Investors for Crypto Recovery Fund: Bloomberg

50% Center coverage: 4 sources
Changpeng Zhao, chief executive officer of crypto exchange Binance, has denied a report claiming he met with investors in Abu Dhabi to raise cash for the company's crypto recovery fund. Zhao and the Binance team reportedly met with potential backers associated with United Arab Emirates National Security Adviser Sheikh Tahnoon bin Zayed, while a Binance spokesperson said the meetings were focused on global regulatory matters.See the Story
Nifty News: Porsche 911 NFTs, BMW files Web3 trademarks, Baby Shark’s NFT game and more... By Cointelegraph
Metaverse

Nifty News: Porsche 911 NFTs, BMW files Web3 trademarks, Baby Shark’s NFT game and more... By Cointelegraph

100% Center coverage: 2 sources
Porsche has revealed plans to launch 7,500 NFT vehicles in January. BMW has applied to trademark its logo in relation to a host of Web3 products and services. Deadmau5 is gearing up for a music and gaming focused Metaverse platform. NFTs depicting the ongoing protests in China have found their way to the NFT marketplace.See the Story
Thai VC fund acquires troubled exchange Zipmex for $100M: Report By Cointelegraph

Thai VC fund acquires troubled exchange Zipmex for $100M: Report By Cointelegraph

100% Center coverage: 2 sources
Venture capital fund V Ventures has reportedly reached a deal to acquire Zipmex. The VC fund is looking to purchase a 90% stake in the embattled cryptocurrency exchange. ZipmEx abruptly halted withdrawals on its platform in July 2022. The news comes shortly after Thailand's Securities and Exchange Commission (SEC) accused the exchange of violating local laws.See the Story

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