Binance

George Town, Grand Cayman, June 11th, 2024, Chainwire Binance Labs, the venture capital and incubation arm of Binance, has invested in Zircuit, a zero-knowledge rollup with AI-enabled sequencer-level security. Zircuit is a new Layer 2 (L2) network that introduces a novel approach to on-chain security. The network safeguards users with sequencer-level security and built-in, automated AI mechanisms that guard against smart contract exploits and malicious actors. The network’s hybrid architecture, which combines battle-tested rollup infrastructure with zero-knowledge proofs, results in…

In the early hours of Monday, a dormant whale moved $21 million worth of 4 DeFi tokens to the crypto exchange Binance. The news received mixed reactions from the community, which worries about an incoming dump amid the recent retrace of the crypto market. Whale Deposits $21 Million In DeFi Tokens To Binance On Monday, on-chain analytic firm Spotonchain reported a dormant whale had deposited around $13 million in crypto to Binance. After a year of holding, The whale sent…

Binance, the world’s largest cryptocurrency trading platform by trading volume, has announced that it has surpassed 200 million global users, representing over a third of all crypto holders worldwide.  Besides reaching 200 million users, Binance now has $100 billion in assets under custody.  Binance Reaches Major Milestone Since its inception, Binance has offered users a secure and user-friendly option for crypto trading, offering an array of services that include decentralized finance (DeFI), spot trading, futures contracts, and more. The exchange…

The post Binance Ex-CEO Changpeng Zhao Becomes Richest US Inmate After BNB Price Surge appeared first on Coinpedia Fintech News The Binance (BNB) ecosystem has continued to grow against all odds fueled by heightened regulatory scrutiny in major jurisdictions led by the United States. After re-entering the Indian market following improved regulatory reforms, the Binance cryptocurrency exchange announced that it has reached 200 million globally registered users. Consequently, the Binance ecosystem continues to stamp its web3 dominance, more so outside…

Monaco City, Monaco, June 10th, 2024, Chainwire Memereum, a groundbreaking Binance Smart Chain token, is excited to highlight the success of its ongoing presale for its innovative services. Memereum is designed to offer the first blockchain-based insurance, positioning itself as a potential next 100x crypto investment opportunity due to its robust technology backbone. With over 21 million tokens already sold, the Memereum team is optimistic about Memereum's growth potential. Key Features and Benefits Memereum's blockchain insurance solution and unique offerings…

The post Top Crypto Picks: Rollblock (RBLK) Predicted To Outshine Binance Coin (BNB) and Filecoin (FIL) in 2024 appeared first on Coinpedia Fintech News The crypto market is entering another bull run in June. Hundreds of projects are in the green, with Binance Coin (BNB) recently hitting an all-time high. But how does BNB compare to Filecoin and Rollblock? After a strong performance in Q1 Filecoin is now facing bearish resistance. Meanwhile, Rollblock is soaring during its presale and is…

Binance Coin (BNB), the native token of the world’s largest cryptocurrency exchange Binance, has been on a tear in recent weeks. After breaking free from a period of consolidation, BNB skyrocketed to a new all-time high of $717 on Friday. Despite a minor correction, the coin remains firmly in bullish territory, with analysts predicting further potential for growth. Surge In Demand Fuels Rally Before its recent climb, BNB had been trading within a sideways range, a pattern commonly observed before…

The post Over 100 Former Federal Prosecutors Call for Release of Detained Binance Executive In Nigeria appeared first on Coinpedia Fintech News In the midst of growing tensions, Nigeria remains steadfast in its legal proceedings against Binance executive Tigran Gambaryan, despite mounting pressure from US lawmakers and former officials. Around 100 former federal prosecutors and agents have come together, sending a letter to Secretary of State Tony Blinken.  This letter, which was first reported by Axios, calls for immediate Action…

Binance native coin (BNB) has already entered the price discovery phase in a similar manner to Bitcoin (BTC) and Pepe (PEPE). Heightened crypto demand from institutional investors has significantly helped increase the underlying liquidity and volatility. The recent bullish breakout of Binance’s native coin BNB has reaffirmed the entrance of the much-anticipated altseason. For the first time in its history, BNB’s price has consistently closed above $700, following a 20% pump in the past seven days.  The Binance ecosystem has…