Record $600M BNB burn suggests Binance made $750M in profit in Q1
Binance burned $600 million worth of BNB in Q1 2021, which means Binance possibly made over $750 million in profit. Go to Source Powered by WPeMatico
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Rising DeFi TVL and Binance staking back 88% rally in IOST price
IOST rallied to a multi-year high after Binance announced a new staking program and the project airdropped tokens to Citadel One mobile wallet users. Go to Source Powered by WPeMatico
Life beyond Ethereum: What layer-one blockchains are bringing to DeFi
Ethereum is the dominant force in DeFi, and layer-two solutions are a promising alternative, but the layer-one blockchains are not done just yet. Go to Source Powered by WPeMatico
Binance and FTX list Coinbase stock tokens ahead of exchange’s Nasdaq debut
Major exchanges are elbowing for exposure to Coinbase’s listing. Go to Source Powered by WPeMatico
Binance Coin reaches 37% of Ethereum’s market cap: 3 reasons why BNB is soaring
Binance Coin, the native cryptocurrency of Binance Smart Chain, has been surging with a massive uptick in transaction volume. Go to Source Powered by WPeMatico
Binance launches tradable stock tokens in Tesla
As distinct from traditional shares, a stock token can be fractionalized into smaller, more affordable units, meaning that more users can potentially benefit from capital returns on equities. Go to Source Powered by WPeMatico
Messari researchers slam Binance Smart Chain over centralized validators
With Binance Chain’s 11 validators hand-selecting Binance Smart Chain’s validators daily, analysts are warning of the protocol’s centralization. Go to Source Powered by WPeMatico
Our Man in Shanghai: Scandal as $45M of stolen government funds lost using 100X leverage
The Chief Marketing Officer a blockchain security company has been charged with embezzlement; Peter Thiel calls Bitcoin a ‘weapon’ of China (but no one cares), and CZ’s net worth rises to $1.9 billion. Go to Source Powered by WPeMatico
Exchange tokens rally ahead of next week’s long-awaited Coinbase IPO
Binance Coin, WazirX and KuCoin Token have notched double-digit gains after centralized exchanges added lucrative staking opportunities and quickly listed new DeFi tokens. Go to Source Powered by WPeMatico
3X as many crypto figures make it onto Forbes 2021 billionaires list as last year
Twelve crypto billionaires have made the Forbes list for 2021, with Sam Bankman-Fried the leader in crypto with a net worth of $8.7 billion. Go to Source Powered by WPeMatico
