With the rapid evolution of DeFi and crypto, staying informed about the latest developments and trends is essential. Our weekly recap covers the most significant news and trends.
Trump Family and Possible Involvement in Binance US
The Wall Street Journal reports that the Trump family may be in talks to acquire a stake in Binance US. While unconfirmed, speculation grows as Donald Trump ramps up pro-crypto rhetoric.
MGX's $2 Billion Investment in Binance
Abu Dhabi-based tech investor MGX has poured $2 billion into Binance, marking the largest-ever investment in a crypto company. The March 12 deal also makes history as the biggest investment paid in stablecoins. MGX secures a minority stake, marking its first entrance into crypto and blockchain.
Starknet Merging Bitcoin and Ethereum
Starknet plans to become the first Layer 2 network to settle transactions on both Bitcoin and Ethereum, aiming to bridge the two largest blockchain ecosystems. This move will bring DeFi capabilities to Bitcoin, enabling staking, lending, and trading.
These events highlight significant developments and trends in the crypto and DeFi world, leading to important changes in the industry.
