Saturday, April 1, 2023

Binance plans to keep the $985M+ BUSD it moved from its industry recovery fund, launched in November 2022 amid FTX's collapse, in its corporate wallets (Leo Schwartz/Fortune)

Leo Schwartz / Fortune:
Binance plans to keep the $985M+ BUSD it moved from its industry recovery fund, launched in November 2022 amid FTX's collapse, in its corporate wallets  —  Founder and CEO of Binance Changpeng Zhao, commonly known as “CZ”  —  In the wake of FTX's collapse in November, the newly crowned kingpin of crypto …



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Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40% of US data-center capacity is located in tornado-prone areas (Jean Eaglesham/Wall Street Journal)

Jean Eaglesham / Wall Street Journal : Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40%...