Binance Introduces BFUSD: A Margin Asset with Daily Passive Rewards
TL;DR Binance has introduced BFUSD, a reward-bearing margin asset launched on November 27, 2024, offering users the opportunity to earn passive rewards by holding the asset
Binance (Latest Publications)
WBTC Briefly Falls to $5,200 in Binance Glitch, Returns to Normal Levels
TL;DR Wrapped Bitcoin (WBTC) experienced a flash crash on Binance, dropping to approximately $5,200 due to a technical glitch, causing panic among traders. The price of
Binance Addresses BFUSD Concerns: No Stablecoin, No Launch Yet
TL;DR Binance has clarified that BFUSD is not a stablecoin and has not yet been launched, addressing misconceptions about its high annual percentage yield (APY) of
Binance and CZ Face $1.8 Billion FTX Lawsuit Over ‘Fraudulent Transfers’
TL;DR FTX has filed a lawsuit against Binance and its former CEO Changpeng Zhao (CZ), seeking to recover nearly $1.8 billion in alleged fraudulent transfers related
dApps Outshine in Blockchain Revenue, Driven by DEXs and Speculative Trading
TL;DR dApps led blockchain revenue generation in October 2024, raising $164 million out of a total of $182 million generated. The majority of these revenues come
Binance Labs Ventures into Decentralized Science with BIO Protocol Investment
TL;DR Binance Labs has made its first investment in the decentralized science sector with BIO Protocol. BIO Protocol allows scientists, patients, and investors to collaborate in
Binance’s Proof of Reserves Highlights $120B Asset Pool and Growing Bitcoin, Ethereum Holdings
TL;DR Binance has published its latest Proof of Reserves (PoR), showing over $120 billion in assets across 34 cryptocurrencies. Bitcoin and Ethereum holdings grew by 2.09%
BNB Chain Launches Portal to Simplify RWA Tokenization and Attract Web3 Users
TL;DR BNB Chain launches a tokenization service that allows companies and users to transform real assets into digital tokens without requiring technical expertise. The platform enables
Binance Research Reveals that 97% of Memecoins Have Already Died
TL;DR A report from Binance Research reveals that 97% of memecoins have experienced drastic declines in their trading volumes. More than 75% of the current memecoins
Binance Partners with Amazon Web Services to Boost User Onboarding & Efficiency
TL;DR Binance partners with Amazon Web Services (AWS) to improve user experience through generative artificial intelligence. The collaboration focuses on optimizing identity verification and customer service
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