According to Bloomberg, more than one in ten American adults have never heard of cryptocurrencies such as bitcoin, Ethereum, etc. Those who have heard of them are sometimes wary of them, either because they claim to have no understanding of them or because they believe they are extremely risky and volatile assets.
Binance Invests $200 Million in Forbes to Gain Media Traction
Binance Founder and CEO Changpeng ‘CZ’ Zhao described it in a tweet as “investing in both new and old, and bridging them with crypto.” Experts believe that now is the time for cryptocurrency to gain mainstream acceptance. In this regard, the Founder of Parallel Finance ( a new decentralized lending platform), Yubo Ruan said, According to Binance, media is a critical component in promoting wider consumer understanding and education about Web 3 and blockchain technology. “We look forward to bolstering Forbes’ Digital initiatives, as they evolve into a next level investment insights platform,” said Binance Founder and Chief Executive, Changpeng ‘CZ’ Zhao, in a statement. Check out? Binance Do Not Follow Through on Its Anti-Money Laundering Commitments
