Binance risks getting on the wrong side of global competition watchdogs with its new billion-dollar industry stimulus fund, a crypto antitrust expert has warned. Thibault Schrepel, professor at VU University Amsterdam and author of the 2021 book Blockchain and Antitrustsaid the fund could be used as “an instrument to decide who among horizontal and vertical … Read more
Goldman Sachs plans to consolidate its largest businesses into three divisions, undertaking one of the biggest shakeups in the Wall Street firm’s history. Goldman will combine its flagship investment banking and trading businesses into one unit, while merging asset and wealth management into another, people familiar with the matter said. Marcus, the consumer banking arm … Read more
Matt Damon made headlines and drew criticism when he starred in a commercial for cryptocurrency exchange Crypto.com a year ago. Since then, the prices of many cryptocurrencies have dropped significantly. The market capitalization of crypto assets has fallen below $1 trillion from a peak of $3 trillion in November 2021. But Damon isn’t the only … Read more