Binance

Harvard: Crypto Exchange Ostium Secures $20 Million Series A

Harvard: Crypto Exchange Ostium Secures $20 Million Series A

Backed by major venture and crypto investors, Ostium aims to merge digital assets with real-world markets and expand its Perpetuals platform globally.

A crypto startup founded by two Harvard graduates has raised $20 million to accelerate its push into the fast-growing market for perpetual futures, a derivative that has surged in popularity among digital-asset traders worldwide. Ostium, a decentralized exchange launched in 2022, secured the Series A funding in a round led by General Catalyst and Jump Crypto, the digital-assets arm of quantitative trading firm Jump Trading.

The raise marks a major step forward for the young platform, which allows …

Donald Trump Denies Knowing Binance Founder He Pardoned

Donald Trump Denies Knowing Binance Founder He Pardoned

US President Donald Trump has claimed he does not know who Changpeng Zhao, the cryptocurrency billionaire and founder of Binance, is, even though he granted him a presidential pardon last month.

The comment came during an interview on CBS News’ 60 Minutes broadcast on Sunday, where Trump was asked why he pardoned Zhao despite prosecutors warning that the businessman’s actions had caused “significant harm to US national security.”

‘’Okay, are you ready? I don’t know who he is,” Trump said. “I have no idea who he is. I was told he was a victim of a witch hunt by …