Binance, one of the world’s biggest cryptocurrency firms, will take a $200m stake in Forbes in the latest twist for the 105-year-old media brand. Analysts also noted that crypto assets have proven particularly vulnerable to manipulation by celebrities and media hype, prompting warnings from regulators around the world. In a statement announcing the investment, Binance founder Changpeng ‘CZ’ Zhao said he saw media as “an essential element to build widespread consumer understanding and education” of the crypto market and emerging blockchain technologies. Will this boost crypto uptake ?
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