News

In October 2024, Binance Labs announced an investment in a network within the Elastic Chain ecosystem, namely Sophon. So, what is Sophon? What are the highlights of this project on Elastic Chain? What is Sophon? Sophon is a layer-2 blockchain built on the Ethereum network. A key feature of Sophon is that it is one […]

In summary Movement Labs has raised $100 million in a Series B funding round, with a final valuation expected to reach $3 billion by the end of January. The MOVE token has experienced significant price volatility since its launch in December but remains central to the company’s future development plans. Despite the decline in VC

In summary: Exchange tokens have led growth during the market correction, achieving positive performance with a 126% increase over the past month, while other altcoins have declined sharply. Increased trading volume supports the liquidity of exchange tokens, with spot volume on centralized exchanges (CEXs) holding at $150 billion, encouraging holding of exchange tokens due to

Binance Launchpool officially launches its first sale of 2024 with Xai, a layer-3 project specializing in gaming. So what is Xai? What is Xai? Xai is a layer-3 blockchain built on the Arbitrum network. The Xai team aims to develop a layer-3 blockchain specifically for gaming, with the goal of providing a smooth and easy

In summary: MicroStrategy’s latest $101 million Bitcoin purchase marks a significant decrease from previous billion-dollar deals. Despite the reduced buying power, Michael Saylor remains publicly committed to an aggressive Bitcoin acquisition strategy. Analysts suggest MicroStrategy’s cash reserves are dwindling, raising questions about the sustainability of future BTC purchases. Trade with leverage, NO KYC required, and

In summary: Gemini settled with the CFTC by paying a $5 million fine without admitting or denying the allegations of misleading regulators. The Winklevoss twins have supported crypto-friendly candidates but frequently criticize the CFTC’s approach to regulation. Despite growing support for the CFTC overseeing crypto regulation, the twins’ stance could hinder the industry’s efforts. Trade

In summary The Artificial Superintelligence Alliance (FET) announced that it will burn 5 million FET tokens on January 10th. The Artificial Superintelligence Alliance stated that this will be the first time it has burned FET tokens. The circulating supply of FET is approximately 2.609 billion. Trade with leverage, NO KYC required, and receive rewards up

In summary Aave, a leading DeFi platform, plans to activate a fee switch mechanism to enhance revenue management and ensure long-term sustainability. Aave has a robust treasury exceeding $328 million that will benefit token holders and stakers through fee redistribution. Meanwhile, the Aave community is evaluating a proposal to peg Ethena’s USDe stablecoin to Tether’s

In summary, Optimism, Aptos, and other projects will unlock tokens next week. The total value of tokens unlocked this week exceeds $280 million. Token prices may fluctuate around major unlocking events. Trade with leverage, NO KYC required, and receive rewards up to $1030.Go to BingX now. Token unlocks are the release of previously restricted tokens

In summary Metaplanet plans to expand its Bitcoin holdings to 10,000 BTC by the end of 2025. The Japan-based company currently holds 1,762 BTC, valued at over $172 million. Metaplanet also plans to promote Bitcoin adoption globally through several initiatives. Trade with leverage, NO KYC required, and receive rewards up to $1030.Go to BingX now.