This week in the DeFi and crypto world witnessed several significant events. Let's explore the main highlights: discussions about the Trump family acquiring a stake in Binance US, MGX's major investment in Binance, and Starknet's ambitious plans to merge Bitcoin and Ethereum on one layer.
Is the Trump Family Buying a Stake in Binance US?
The Trump family might be in talks to acquire a stake in Binance US, reports The Wall Street Journal. Although unconfirmed, speculation grows amid Donald Trump's pro-crypto rhetoric.
$2 Billion Investment into Binance: The Facts
Abu Dhabi-based tech investor MGX has invested $2 billion into Binance, marking the largest investment in the history of crypto companies, as well as the biggest deal paid in stablecoins. This is MGX's first foray into the crypto and blockchain industry.
Starknet Plans to Merge Bitcoin & Ethereum
Starknet aims to become the first Layer 2 network to process transactions on both Bitcoin and Ethereum. This move to provide DeFi capabilities to Bitcoin will enable staking, lending, and trading while maintaining security and decentralization.
The week has been eventful in the world of DeFi and cryptocurrencies, underscoring the growing impact and importance of the crypto industry in today's world.
