The metaverse is spin for technology such as 3D, VR, and AR. Binance raised $500M for blockchain and web3 technology. On Sunday the Binance CEO Changpeng Zhao, stated at the talk “Future Metaverse” that, the metaverse will become mainstream in 5 to 10 years. The talk event is part of
Based on analytic data showing a tiny fraction of illegal adoption, Binance CEO and founder Changpeng “CZ” Zhao believes that cryptocurrencies are safer than fiat money. Crypto is safer than fiat. Chainalysis: Transactions involving illicit addresses represented just 0.15% of cryptocurrency transaction volume in 2021. United Nations: estimated money laundered
The business plans to use France as a jumping-off point for its European expansion. Binance is putting its expertise and know-how at the service of Station F. In Paris, the startup campus STATION F has welcomed Binance, a worldwide blockchain ecosystem, and cryptocurrency infrastructure provider, as the firms join hands.
Binance has invested more than $1 billion in the BSC ecosystem. Binance will manage all technical needs for all users during this time. The Binance Smart Chain (BSC) is now the BNB Chain. BSC, crypto exchange Binance’s layer-1 blockchain, recently announced the merger of the Binance Smart Chain and the
Central bank of Honduras refuses to back up cryptocurrency transactions. The first crypto ATM was installed in Honduras in August of last year. Honduran authorities say that Bitcoin and other cryptocurrencies are now legal money in a special economic zone on a Caribbean island. In order to stimulate investment, a
Changpeng Zhao, was a guest of honor at Dubai’s Museum of the Future last month. Zhao was recently profiled in a prestigious Argentine publication. It was a “fantastic” meeting between Binance CEO Changpeng Zhao and El Salvador President Nayib Bukele. To discuss Central American crypto adoption, Zhao, known as “CZ”
The market for NFTs is worth several billion dollars. With Ethereum as a pioneer, the crypto-ecosystem has developed and flourished. Digital assets are today supported by a thriving financial infrastructure, unlike in the early days of crypto. As a result, one benefit to cryptocurrency holders is that there are now
The government said on Tuesday that it was postponing the issue of bitcoin bonds. Bitcoin has been up 2.19% in the last 24 hours. According to El Salvador’s ambassador to the United States, the Central American government is looking to the cryptocurrency exchange Binance for assistance in implementing bitcoin as
One may save their Bitcoins on a computer or smartphone in a digital wallet. Transactions on the Bitcoin network are verified using a process known as mining. Unlike traditional money, Bitcoin does not need a central bank or government to function. Instead, Bitcoin employs a peer-to-peer internet network to verify
The scarcity of Bitcoin is what drives its value. Bitcoin has the potential to be used for everyday retail transactions in the future. One of the most often used terms for Bitcoin is “digital currency.” When a monetary authority issues currency, it has value because it is generally accepted across
