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Binance Futures Introduces Updates to Taker Program, Offering Fee Discounts

Binance Futures, the futures trading platform of cryptocurrency exchange Binance, has recently unveiled updates to its Taker Program. These updates aim to offer enhanced benefits to eligible users who engage in trading activities on the platform. Effective from April 30, 2024, at 00:00 (UTC), eligible users will be able to enjoy a taker fee discount … Continue reading Binance Futures Introduces Updates to Taker Program, Offering Fee Discounts

Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration

Binance, the leading players in the cryptocurrency trading industry, has been hit with a class-action lawsuit in Canada. The Ontario Superior Court of Justice has given the green light to the lawsuit, which alleges that Binance violated securities laws by selling crypto derivative products to retail investors without proper registration [1]. The plaintiffs, represented by … Continue reading Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration

Binance to Phase Out Deposits on BNB Beacon Chain (BEP2)

n a recent announcement, Binance stated that users are strongly encouraged to deposit their BEP2 B-tokens into their Binance accounts before the complete sunset of the BEP2 network in June 2024. By doing so, users will be able to withdraw their B-tokens via the native network or other networks supported by Binance. BEP2 is a … Continue reading Binance to Phase Out Deposits on BNB Beacon Chain (BEP2)

Binance Futures to Introduce USDC-Margined BOME, TIA, and MATIC Perpetual Contracts with Up to 75x Leverage

In an announcement made on the Binance Support Center, Binance Futures revealed that the BOMEUSDC Perpetual Contract will be launched on April 25, 2024, at 07:00 (UTC) with up to 50x leverage. Additionally, the TIAUSDC Perpetual Contract will be introduced at 07:15 (UTC) with the same leverage, followed by the MATICUSDC Perpetual Contract at 07:30 … Continue reading Binance Futures to Introduce USDC-Margined BOME, TIA, and MATIC Perpetual Contracts with Up to 75x Leverage

Worldcoin Announces Circulating Supply Update and Sales to Trading Firms

In a recent announcement on the Worldcoin blog, it has been revealed that World Assets Ltd., a subsidiary of the Worldcoin Foundation, plans to sell WLD tokens from the World Assets treasury to meet the growing demand for orb-verified World IDs and support the expansion of the Worldcoin network. The majority of the currently circulating … Continue reading Worldcoin Announces Circulating Supply Update and Sales to Trading Firms

BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests

Cryptocurrency enthusiasts can now participate in the highly anticipated BounceBit (BB) Megadrop, an event organized by Binance, one of the leading cryptocurrency exchanges. This unique opportunity allows users to engage in the Megadrop by subscribing to BNB Locked Products or completing Web3 Quests. Starting from April 26, 2024, at 00:00:00 UTC, participants can take part … Continue reading BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests

US Senators Introduce Bipartisan Stablecoin Bill to Establish Regulatory Framework

US senators Kirsten Gillibrand and Cynthia Lummis have introduced the Lummis-Gillibrand Payment Stablecoin Act, a landmark bipartisan legislation that seeks to establish a regulatory framework for payment stablecoins. The bill aims to protect consumers, foster responsible innovation, and crack down on money laundering and illicit finance. The legislation, which the senators have been working on … Continue reading US Senators Introduce Bipartisan Stablecoin Bill to Establish Regulatory Framework

Ethereum Liquid Restaking Drives DeFi TVL to $100B in Q1 2024

When compared to the previous quarter, the total value locked (TVL) in decentralised finance (DeFi) approximately doubled during the first quarter of 2024, indicating that DeFi has witnessed tremendous growth from the previous quarter. It is possible to ascribe, at least in part, this spike to Ethereum’s liquid restaking activities, which have been the driving … Continue reading Ethereum Liquid Restaking Drives DeFi TVL to $100B in Q1 2024

USA and Nigeria to Discuss Digital Economy and AI Advancements for Economic Growth

The United States of America (USA) and Nigeria are poised to explore potential partnership opportunities in the digital economy, emerging technology, and the advancement of artificial intelligence (AI). The discussions aim to strengthen economic ties between the two countries and foster deeper collaborations in these areas. The Deputy Chief of Mission at the U.S. Embassy, … Continue reading USA and Nigeria to Discuss Digital Economy and AI Advancements for Economic Growth

A16z Crypto Introduces Jolt zkVM for Blockchain Scaling

To tackle the scalability issues that blockchain networks are facing, A16z Crypto, the investment company Andreessen Horowitz’s cryptocurrency-focused branch, has unveiled Jolt, a zero-knowledge solution known as zkVM. This creative technique integrates SNARKs (Succinct Non-Interactive Arguments of Knowledge) in an effort to expedite and simplify blockchain scaling procedures. What is zkVM (Jolt)? Jolt is a … Continue reading A16z Crypto Introduces Jolt zkVM for Blockchain Scaling

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