JPMorgan Chase & Co

Binance raises $500 million fund to invest in Web3 startups

Binance is the world’s biggest cryptocurrency exchange, handling $490 billion of spot trading volumes in March 2022. Akio Kon | Bloomberg | Getty Images Binance, the world’s largest cryptocurrency exchange, is launching its own venture capital fund. The company’s venture arm, Binance Labs, said Wednesday it has raised $500 million for its debut start-up fund, …

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Wall Street banks name global stocks and sectors that could be near a bottom

Bank of America and JPMorgan have named global stocks and sectors that have plummeted and could be trading near the bottom, while Citi said: “buy this dip.” It comes at a volatile time for markets. After weeks of losses, the S&P 500 and Dow Jones Industrial Average scored big gains last week. The Dow finished …

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