At the recent Ask Me Anything (AMA) conference, Changpeng Zhao, the visionary founder and CEO of Binance, one of the world’s leading cryptocurrency exchanges, shared his vision of the current state and potential future of the fast-growing blockchain industry insights.
Binance announced that it will list First Digital USD (FDUSD). For most people, this may be the first time they have heard of this stable currency project.
According to Spot On Chain monitoring, MKR has increased by 16% in the past 24 hours. The MakerDAO founder bought MKR for $1,044 20 hours and 13 hours ago.
CoinGecko tweeted that in the second quarter of this year, the spot trading volume of the top ten DEXs was US$155 billion, a decrease of 30.8% compared to the first quarter.
The Binance Research Institute released the 2023 semi-annual report, which pointed out that the dominance of the Bitcoin market reached the highest level since April 2021 at the end of the half year, and its price performance of more than 87% year-to-date was significantly better than many TraFi investments.
Driven by the potential benefits of the Bitcoin spot ETF, BTC quickly rose to around $30,000, and then experienced three weeks of shocks, failing to break through the previous high many times.
Cinneamhain Ventures partner Adam Cochran quoted the media Protos document and tweeted that Binance said in the announcement sent to internal employees that due to the current market environment and regulatory environment resulting in lower profits, we have to cut expenses.
Since the LUNA thunderstorm and the Silicon Valley Bank thunderstorm triggered a series of black swan events such as the decoupling of the world’s second largest encrypted stablecoin USDC, the market’s distrust of the concept of stablecoins seems to have reached a threshold.
Binance.US tweeted to clarify some FUD regarding recent BCH withdrawals. Binance.US maintains a 1:1 reserve, which means that every BCH held by customers on the platform is fully backed by the reserve.
Yat Siu, founder of Animoca Brands, said Hong Kong, known for nurturing the Web3 ecosystem, is emerging as a potential beneficiary of regulatory uncertainty in the United States.
Leading cryptocurrency analysis firm Bitfinex Alpha released a comprehensive report today highlighting the current state of the bitcoin market.
Open interest (OI) on Bitcoin futures contracts, representing derivatives contracts that have not been closed at a specific time, has reached a staggering $14 billion. Data collected from various derivatives trading platforms shows that Bitcoin OI has surged significantly, and the current level exceeds any level this year.
In a recent announcement, leading cryptocurrency exchange Binance revealed its plans to integrate the Bitcoin Lightning Network for user deposits and withdrawals. The integration aims to increase the speed and efficiency of transactions on the platform.
June means hot weather and summer shoes, and people are switching to flip-flops — but the SEC seems to be especially fashionable.
Leading cryptocurrency data provider Glassnode has revealed that long-term Bitcoin holders send only 0.004% of their Bitcoin holdings to cryptocurrency exchanges.
Shiba Inu (SHIB) whales have sold trillions of SHIB tokens on the market in the past 48 hours. According to blockchain analysis firm IntoTheBlock, the total number of Shiba Inu tokens held by these whales has dropped by 30 trillion since last Friday.
The cryptocurrency market continues to show minimal volatility following the SEC’s lawsuit against Binance.
Over the past two months, an average of more than 30 million BUSD (Binance USD) tokens have been burned per day, indicating a major shift in the crypto market.
As the cryptocurrency market continues to soar, surpassing the $1.3 trillion mark in 2023, exciting opportunities arise for investors seeking significant returns.
Privacy project Railgun DAO has teamed up with Chainway to add “clearance proof” capabilities for anti-money laundering and sanctions compliance.
Secure more than 40% off on tickets for one of the biggest blockchain events in Europe.
Total bitcoin futures volume on cryptocurrency exchanges hit $931.4 billion in April, a sharp increase from the previous month, according to data released by crypto analytics firm CryptoCompare.
The U.S. crypto market is losing its global dominance as regulatory action, including by the U.S. Securities and Exchange Commission, continues to hit the market.
The upgrade will enable validators to withdraw ETH from the beacon chain and bring new functionality to the execution and consensus layers.
A group of law firms led by Adam Moskowitz filed a lawsuit on behalf of “hundreds of thousands of victims” against Binance, CEO CZ and celebrities promoting the exchange in Florida, including NBA Miami Heat star Jimmy Butler.
While the lawsuit primarily focuses on allegations that commodities exchanges are not registered in the U.S., it could have broader ramifications for Binance and the cryptoasset industry.
Mysten Labs, the development team behind Sui, reached an agreement with the FTX bankruptcy estate on Wednesday to purchase FTX’s equity investment in Mysten Labs and Sui token warrants for $96.3 million in cash.
FTX, a major cryptocurrency exchange, has filed a Statement of Financial Statements (SOFA) report with the U.S. Bankruptcy Court in Delaware on March 17.
