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"Further capitalizing on its successful digital transformation, employing technology and data-driven insights to develop more deeply engaged audiences, and related high-quality and recurring income streams," Forbes said in a press release.

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The investment from Binance will be made through the "assumption of subscription agreements representing $200 million in commitments in the $400 million private investment in public equity that was previously announced alongside the news about Forbes’ deal with Magnum Opus," according to the blockchain platform.

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Among those who will join Forbes’ Board of Directors as a result of the deal are Binance chief communications officer Patrick Hillmann and Binance labs head Bill Chin. The CEO of Binance, Changpeng Zhao, said in a tweet that the firm is a Blockchain company and that "our investment in Forbes is to assist them construct Web3 infrastructure in the next years." Binance is a cryptocurrency exchange. The cryptocurrency exchange Binance has announced that it would invest $200 million in the 104-year-old Forbes publishing company. Forbes is pursuing a public listing as part of a bigger endeavor to become a publicly listed firm.

Binance said it was trying to trace the transactions and plans to hand over its findings to law enforcement in the "appropriate jurisdiction." But there’s little the company can do to recover lost funds.

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According to Forbes CEO Mike Federle, "Forbes is dedicated to demystifying the complexity and giving valuable knowledge regarding blockchain technology and all developing digital assets." We now have the expertise, network, and resources of the world’s biggest cryptocurrency exchange, as well as one of the world’s most successful blockchain pioneers, as a result of Binance’s investment in Forbes.

imageCrypto exchange - Binance (margin) Crypto pair - BTC/USDT Signal type: short term Range open trade: 44,500 - 44,900 Amount: 30% of the deposit Target: 1) 44,000 or 2) 45,000 Take profit: above 45,000 Stop loss: 44 400.

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imageThe European Union has taken a further step toward implementing Right to Repair laws, bitcoin with the latest vote backing proposals regarding repairability, and adding a requirement that manufacturers increase the warranty periods.

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