Binance Coin (BNB) finds itself at a critical juncture as it grapples with a formidable resistance block between $575 and $619. This price range has consistently thwarted BNB’s attempts to establish a firm foothold above it, with only one successful breach to date. The persistent nature of this resistance zone
BNB Chain has recently announced a major update to its stablecoin infrastructure. The initiative introduces gasless stablecoin payments, aimed at enhancing transaction efficiency on the network. This move is set to improve the overall user experience by reducing transaction costs across the network. The initiative aims to simplify stablecoin transfers,
With the ability to transform even a small investment into a fortune, the cryptocurrency market has seen a growth in popularity. Three coins—Dogs, Toncoin (TON), and Rexas Finance (RXS)—have drawn interest from investors lately. Your portfolio might reach $75,000 in five months if you invest $750 in these emerging stars.
Binance has issued a statement clarifying that it bears no responsibility for the financial issues at WazirX, following a $235,000 loss due to a cyber-attack on the platform in July 2024. The statement comes as rumors circulated about Binance’s involvement, which the company has labeled as “false and misleading.” In
Polygon’s rebranded token, POL, previously known as MATIC, is currently showing a positive trend, with its price fluctuating between $0.41 and $0.445. This marks a notable 10% increase over the past week. At the time of writing, POL is trading at $0.4131, with a market cap of $2.93 billion, making
Real-World Assets (RWAs) are becoming increasingly popular. An in-depth analysis of this trend can be found in the paper “RWAs: A Safe Haven for On-Chain Yields?” by Binance Research. RWAs are the digitization of real estate, bonds, currencies, and commodities—among other physical and intangible assets—on blockchain networks, facilitating more convenient trade
The United States Securities and Exchange Commission (SEC) has asked the court to amend its complaint in its ongoing case against Binance, Binance.US, and co-founder Changpeng Zhao. In the matter of SEC v. Payward, the submission was made in reaction to a district court judgment that denied Kraken’s petition to
The world of crypto staking is evolving at a rapid pace, and the collaboration between Binance and Solayer has helped to bring a new innovation to the forefront—BNSOL. Officially launched as a Liquid Staking Token (LST) on the Solana blockchain, BNSOL allows to combine the strengths of Binance’s vast user
Binance announced the inclusion of Hamster Kombat (HMSTR) to its Launchpool platform on Thursday, September 12, 2024. Additionally, the HMSTR token will be listed on the exchange’s platform later on. The newly released gaming token has scored a major triumph with this. Binance customers will have the option to lock
The crypto sector during pivotal market situations sees increased whale activity. Whale movements when significant often influence cryptocurrency prices. Relatedly, in the last few hours, Hong Kong Asset management firm, Metalpha garnered market attention with significant Ethereum movements. Notably, LookOnchain reported that Metalpha moved 10,000 Ethereum tokens worth $23.45 million
