Binance's blockchain, BNB, boasts a record-breaking 425 million unique users, securing its position as the top network in terms of user count. This surpasses competitors, with Polygon [MATIC] being the only other network to breach the 400 million mark. This significant achievement underscores the widespread adoption and popularity of BNB's ecosystem among cryptocurrency enthusiasts and users worldwide. As BNB continues to expand its user base, it solidifies its position as a leading player in the blockchain space, driving innovation and growth across the industry.
The trading volume on the BNB chain soared to almost $1.4 billion on February 28th, marking the second-highest volume recorded in over a year. This surge coincided with a significant increase in the Total Value Locked (TVL), nearing $5 billion, reflecting the growing strength of the network. This notable rise in trading activity and TVL demonstrates the increasing confidence and participation of users within the BNB ecosystem, highlighting its robustness and attractiveness as a preferred platform for various decentralized financial activities.
BNB's price surged to levels unseen since April 2022, crossing the $400 mark and concluding trading at $415, reflecting a gain of over 5%. Despite a minor decrease, BNB continued to trade around $414. The Relative Strength Index (RSI) indicated that BNB was not only in a strong bull trend but also overbought, suggesting potential volatility ahead.
Gelephu Mindfulness City (GMC) in Bhutan has added Bitcoin, Ethereum, and Binance Coin to its strategic reserves to strengthen its economy and embrace digital assets. The move follows the introduction of new laws to regulate digital asset services and is part of Bhutan's broader strategy to expand its role in the cryptocurrency market.
AnaisBinance has not yet decided on its new global headquarters due to complexities like tax laws and talent acquisition challenges. Legal troubles, including Changpeng Zhao's legal issues and a $4.3 billion fine, have led Binance to restructure its leadership and adopt better governance strategies.
WeatherlyBitcoin has reached a new all-time high, surpassing $100,000, while CZ remains unaffected by the surge, holding onto the same amount of Bitcoin. Binance Coin (BNB) also hit a record high, but CZ’s focus remains on Bitcoin’s long-term value rather than its fluctuating price.
WeatherlyIndian authorities uncovered $97 million in unpaid GST from crypto exchanges, with Binance owing $85 million. The government is cracking down on tax evasion, while Binance faces mounting global challenges, including regulatory issues in multiple countries.
WeatherlyCZ’s recent Toy Story meme has sparked speculation about Binance’s future, with many linking it to potential BNB institutional adoption or a BNB-based ETF. Meanwhile, BNB’s price surged to a new all-time high of $776.80, reflecting its growing market influence as altcoins, including BNB, gain momentum.
WeatherlyThe FTX bankruptcy estate claims SBF’s $1.76 billion repurchase deal with Binance in July 2021 was a fraudulent transfer due to FTX’s insolvency. The lawsuit seeks to recover billions for FTX creditors, alleging the transaction was fraudulent.
KikyoFormer Binance CEO, CZ (real name Changpeng), told Bloomberg that he had received multiple offers from buyers who are willing to offer him a high price to buy his shares in Binance.
XingChiBinance and its former CEO, Changpeng Zhao, are pushing to dismiss the SEC’s amended complaint, arguing that the regulator’s approach to crypto lacks clarity and consistency. Binance claims the SEC's broad interpretation of crypto assets as securities is confusing and unfairly applied.
WeatherlyChangpeng Zhao, founder of Binance, made his first public appearance since his prison release at the Binance Blockchain Week in Dubai, discussing his reflections on his incarceration and future plans. He expressed a renewed appreciation for personal connections, a commitment to education, and intentions to invest in emerging sectors while remaining optimistic about the future of cryptocurrency.
JoyFormer Binance CEO CZ's first tweet after his prison release sparked attention, briefly mentioning future plans and enjoying freedom. BNB surged to a monthly high but quickly reversed, declining along with the broader crypto market.
KikyoGolden Finance launches the 2343rd issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.
JinseFinanceThe standard allows creators to implement programmable and executable creator earnings on-chain.
JinseFinanceAt the beginning of 2024, nearly a hundred Bitcoin Layer 2 projects appeared, 90% of which were led by Chinese.
JinseFinanceB2C2 acquires a virtual asset registration in Luxembourg, expanding its European footprint alongside giants like PayPal, preparing for MiCA regulation, and led by finance veteran Denzel Walters.
BrianJinseFinanceJinseFinanceJinseFinanceJinseFinanceOn June 7, Coinbase will list BitDAO (BIT) and Coin98 (C98). If the liquidity conditions are met, the transaction will start on or after 0:00 on June 8, Beijing time.
链向资讯NFT platforms that integrate Web3 and Metaverse continue to attract significant investment from venture capital firms.
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