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Venezuelan opposition leader Machado: Justice will be served, and we will not repeat the mistakes of past state terrorism.October 30th - A meeting of EU energy ministers was held on the 29th, with natural gas prices receiving significant attention. Currently, energy costs are rising sharply, and Europe is facing a difficult heating season. European benchmark natural gas futures prices have broken through €100 per megawatt-hour, reaching this level for the first time since December 2022. EU Energy and Housing Commissioner Jorgensen warned that Europe is facing "another energy crisis," with over 50 million European residents potentially unable to afford winter heating costs. A typical gas-fired household is expected to see energy costs increase by approximately €600 during the heating season from November this year to March next year, with additional expenses potentially reaching €715 after taxes. Jorgensen also pointed out that this energy crisis is more severe in some aspects than in 2022 because the pressure on Europe is no longer limited to natural gas; gasoline, diesel, and other refined petroleum products are also experiencing high prices. Energy costs will further impact transportation, industrial production, and commodity prices, putting even greater pressure on the European economy.Saudi Civil Defense has issued an alert regarding potential dangers in Riyadh and Khairji.Saudi Civil Defense: An alert has been issued regarding the potential dangers in Najran.EU Commissioner Jørgensen: Half of the oil stockpiles to be released in the coming months will be diesel.

Crypto Exchange Binance.US Valued at $4.5 Billion in First External Funding Round

Cory Russell

Apr 07, 2022 10:23


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Binance.US, a cryptocurrency exchange, said on Wednesday that it has secured more than $200 million in a seed fundraising round, valued at $4.5 billion pre-money.


BAM Trading Services, the U.S. partner of Binance, the world's largest crypto exchange by trading volume, launched the firm in 2019. Although there is a license agreement between Binance.US and Binance, the two companies are independent legal organizations.


RRE Ventures, Foundation Capital, Original Capital, VanEck, and Circle Ventures were among the investors in Binance.first US's external investment round, according to the company.


The cash will be used to invest in its spot trading platform as well as the development of new goods and services, according to the company.


Following Russia's invasion of Ukraine last month, Binance rejected demands for a blanket ban on all Russian users.


The Ukrainian government was irritated by its choice last month to remain in Russia, which was a departure from major financial corporations such as PayPal Holdings Ltd and Visa Inc.


Binance has also been attempting to strengthen ties with the UAE, which is attempting to position itself as the world's new digital asset powerhouse.


Regulators across the world continue to lash out at the crypto business, fearful that a crisis in crypto assets, which are perceived as extremely volatile and opaque, could spill over into the broader financial sector, prompting a worldwide drive for additional regulation.

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