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Dec 29, 2023

Binance's registered users +40M to 170M in 2023

Bay Area Times
Bay Area Times

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Top stories today:

  1. Binance's registered users +40M to 170M in 2023
  2. Carbon-free energy reaches 40% market share in U.S.
  3. Israeli tech startup funding -15% YoY to $1.45B in Q4
  4. Cybertruck's 1st reported accident shows little damage

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0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).

All times are ET.

1. Binance's registered users +40M to 170M in 2023

  • Binance's SAFU insurance fund has $1.2B, according to Binance.

  • Coinbase reported 110M registered users in 2022, from 89M in 2021.

Binance also said it held licenses and regulatory authorizations in 18 jurisdictions

Binance 2023 Year in Review report.

2. Carbon-free energy reaches 40% market share in U.S. in 2023, from 39% in 2022

Ars Technica.

  • Coal fell from 20% to 16%, natural gas grew from 40% to 44%, and the others were largely unchanged.

Total energy consumption has stable since 2007

EIA.

The 1st nuclear reactor since 2016 launched this year, highlighting the industry's stagnation

EIA.

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4. Israeli tech startup funding -15% YoY to $1.45B in Q4

IVC-LeumiTech Israeli Tech Review 2023.

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