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Binance received a $2 billion minority stake investment from Abu Dhabi’s MGX, the first institutional investment in the world’s largest cryptocurrency exchange. MGX’s investment is part of its broader push into funding AI infrastructure, including supporting U.S. President Donald Trump’s AI infrastructure plan, according to Bloomberg.
Sam Bankman Fried appeared on Tucker Carlson’s podcast criticizing Joe Biden and SEC Chair Gary Gensler while expressing hope for what he’s heard from Donald Trump. Bankman-Fried said he was shocked by the first two years of Biden’s administration and described crypto regulation under Gensler as “something of a nightmare,” Bloomberg reports. Crypto payments network Mesh said it has raised $82 million in a funding round led by Paradigm that values the startup at $500 million.
An Argentine prosecutor asked a judge on Thursday to issue an Interpol"Red Notice" for Hayden Davis, who claims to be behind the launch of a memecoin backed by Bitcoin reserves. After Milei endorsed his memecoin, its value skyrocketed, reaching a market cap of more than $4.5 billion, according to Bloomberg.
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