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Binance US is now offering crypto staking services and the firm details that seven digital currencies are currently available with annual percentage yields (APYs) up to 18%. Customers can earn yields on proof-of-stake (PoS) cryptocurrencies that include binance coin, solana, avalanche, livepeer, graph, cosmos, and audius. Binance US Adds Staking Services On Twitter, Binance US … Read more
The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Binance’s BNB token, which could be an unregistered security. If the cryptocurrency is found to be a security, it could put Binance in a similar position to Ripple Labs which has been in an ongoing lawsuit with the SEC over the sale of the XRP … Read more
The major areas of focus surround increasing validator decentralization, developing capabilities for governance via the BNB token, and deploying a number of Binance Chain Evolution Proposals. Go to Source Powered by WPeMatico
Roughly six months ago, bitcoin and a number of digital assets reached all-time highs and the crypto economy crested above $3 trillion in value. Today is a different story as a great majority of cryptocurrencies are down between 57% to over 80% against the U.S. dollar. While Cryptos Are Down From the ATHs, 2020 Holders … Read more
The list is curated after studying the drawdowns of the top 30 crypto assets by market cap from their record highs. Go to Source Powered by WPeMatico
The collateral damage of Terra’s collapse could continue to impact Avalanche price, especially considering that the Luna Foundation Guard holds 1.97 million AVAX tokens. Go to Source Powered by WPeMatico
LUNA price is far from its all-time high but three key metrics signal that the altcoin could be preparing to rally. Go to Source Powered by WPeMatico
Digital currency markets have been tumultuous during the past month as bitcoin shed 15.43% and ethereum dropped 17.49% against the U.S. dollar. Moreover, crypto spot volumes are down 18.95% lower than the month prior, and both futures and options volumes were down in April as well. Lower than average trade volumes typically suggest overall interest … Read more
The service would allow users to bridge assets from any blockchain to BNB Chain. Go to Source Powered by WPeMatico
In mid-March, the top five blockchains — in terms of total value locked (TVL) in decentralized finance (defi) — currently command more than 82% of the $198 billion TVL in defi across all blockchains. Each of these chains offers different types of defi protocols like decentralized exchange (dex) platforms and lending applications, allowing people to … Read more