Binance Announces $500m in Loans to Cryptocurrency Miners

Oct 21, 2022

Binance, the top crypto exchange in the world on the basis of the volumes traded daily, has announced that it is going to make half a billion dollars available as loans to firms engaged in cryptocurrency mining.

This lending program is intended to support blockchain infrastructure providers as well as Bitcoin mining entities at this time when the industry has been subjected to immense headwinds  resulting in the massive loss of market value. Binance Pool said in a statement that they had an obligation to play a…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to Tingo Inc. (OTC: TMNA) are available in the company’s newsroom at http://ibn.fm/TMNA

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.CryptoCurrencyWire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
New York, New York
www.CryptoCurrencyWire.com
212.994.9818 Office
[email protected]

CryptoCurrencyWire is part of the InvestorBrandNetwork.

More News

SC: Marriage void due to false claims of cohabitation
Oct 4, 2026
SC: Marriage void due to false claims of cohabitation

MANILA, Philippines — Falsifying proof of cohabitation may be a ground for the nullification of an unlicensed marriage, according to the Supreme Court. Ruling on a case concerning a couple in Antique, the high tribunal said the couple’s marriage was void from the beginning because their affidavit of cohabitation was falsely executed. “As the records

Call of the wild: First Filipino inducted into Explorers Club
Oct 4, 2026
Call of the wild: First Filipino inducted into Explorers Club

MANILA, Philippines — For Gregg Yan, a 43-year-old communications consultant and founder of environmental nonprofit Best Alternatives, one does not need to have formal training as a scientist to be able to write academic articles about animal conservation. His experience traveling the world and being exposed to the wonders of wildlife is what informs his

How an environmental fight 30 years ago reshaped Bolinao
Oct 4, 2026
How an environmental fight 30 years ago reshaped Bolinao

BOLINAO, PANGASINAN — Long before Messenger and Viber became everyday tools of communication, there were handwritten letters, notes scribbled on scraps of paper and messages passed from one person to another. By today’s standards, those methods may seem slow and primitive. But in the early 1990s, they proved powerful enough to bring people together and

This week’s milestones: Oct. 4 to Oct. 10
Oct 4, 2026
This week’s milestones: Oct. 4 to Oct. 10

Oct. 8, 2000 Koronadal was officially converted from a municipality into a component city of South Cotabato through a plebiscite that ratified Republic Act No. 8803, signed by then President Joseph Estrada on Aug. 16, 2000. The area was formerly called “Marbel,” by the natives, which comes from the B’laan word meaning “murky waters.” Its

3 Japanese scholars examine Filipino migration story in UAE
Oct 4, 2026
3 Japanese scholars examine Filipino migration story in UAE

Japanese professors specializing in Philippine studies launch a pioneering book that documents the history and daily lives of OFWs in the United Arab Emirates

Prosecution likely to drop bribery charges in VP Sara Duterte impeachment --Adiong
Oct 4, 2026
Prosecution likely to drop bribery charges in VP Sara Duterte impeachment --Adiong

The prosecution team in the impeachment trial of Vice President Sara Duterte is likely to drop the bribery charges against her, House prosecution spokesperson Representative Zia Alonto Adiong said Sunday.

Kris Aquino playfully reacts to son Bimby, Baus Rufo look-alike comparison
Oct 4, 2026
Kris Aquino playfully reacts to son Bimby, Baus Rufo look-alike comparison

Kris Aquino had a hilarious reaction when her son, Bimby, brought up a playful comparison between himself and Baus Rufo.

[DOCUMENTARY] Smokey Mountain: May buhay sa basura
Oct 4, 2026
[DOCUMENTARY] Smokey Mountain: May buhay sa basura

Panoorin ang dokumentaryong ito ngayong Linggo, ika-4 ng Oktubre

SB19 performs ASEAN 2026's official song 'Together in Motion'
Oct 4, 2026
SB19 performs ASEAN 2026's official song 'Together in Motion'

The official song of the Association of Southeast Asian Nations (ASEAN) 2026 is performed by none other than the Philippines' P-pop Kings, SB19.

[Vantage Point] The road to plenty: Four titans and the battle for the Santa Rosa peso
Oct 4, 2026
[Vantage Point] The road to plenty: Four titans and the battle for the Santa Rosa peso

Four of the country’s most powerful corporate dynasties—Ayala, SM, Villar, and Gokongwei—are converging on a single corridor to fight over household wallets in a growth area in Laguna

Lip Eng, Sabah reps back gospel concert, call for clear rules
Oct 4, 2026
Lip Eng, Sabah reps back gospel concert, call for clear rules

Show should go on if it complies with laws and regulations, they say.

DSWD provides parenting effectiveness service amid school violence incidents
Oct 4, 2026
DSWD provides parenting effectiveness service amid school violence incidents

The Department of Social Welfare and Development is providing parenting effectiveness service to families amid the recent school violence incidents across the country.

YOUR NEWS, OUR NETWORK.

Do you have Great News you want to tell the world?

Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.

Voice of KL

We may be unheard, but things are different now. Voice of KL represents the voice of Malaysians who want you to discover the beautiful and developed city of Malaysia.