This week, the DeFi and crypto world saw several key developments, including potential deals and major investments.
Rumors About Trump Family Buying a Stake in Binance US
According to The Wall Street Journal, 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.
$2 Billion Investment into 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 the crypto and blockchain sector.
Starknet's Plans to Merge Bitcoin & 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, while maintaining security and decentralization.
This week has seen significant shifts in the crypto and DeFi world. Investments and new technology plans open up new horizons for the industry's development.
