Circle, the company behind the USDC stablecoin, has recently laid off a portion of its workforce amid a turbulent year for the digital asset industry. According to the company, the recent layoffs aimed to maintain a strong balance sheet. And by streamlining its workforce and reducing costs, the company may be better positioned to weather…
At the beginning of July, Binance announced its latest collaboration with soccer superstar Cristiano Ronaldo. The partnership will launch a new non-fungible token (NFT) collection called “Forever CR7: The GOAT,” featuring 20 unique designs spread across four levels of rarity. The collection will celebrate some of the most iconic moments from Ronaldo’s illustrious career, with…
In a stunning development that has reverberated throughout the cryptocurrency community, a massive whale transaction involving $35 million worth of BNB deposits has sent shockwaves through the upcoming ARKM token sale on Binance. Unveiling the Whale’s Enormous BNB Deposit for ARKM Token Sale Lookonchain, an on-chain smart money analytical platform, has shed light on this…
A crypto analyst on Twitter expects altcoin prices to be muted in the second half of 2023. Data indicate that the fate of altcoins and the possibility of an “alt season” is highly dependent on the performance of Bitcoin. Being the foremost cryptocurrency and market leader, according to CoinMarketCap data, Bitcoin’s impact on altcoins cannot be…
The Terra Luna Classic community pool balance has reached a critical level due to the approval of three community pool spending proposals. The funds have significantly decreased from 2.37 billion LUNC to a mere 416 million LUNC. Consequently, the community is now facing a shortage of funds, hindering their ability to finance further development and…
Cristiano Ronaldo, an acclaimed football player, recently made waves in the news for reasons aside from his prowess on the field. He has expanded his involvement in Non-Fungible Tokens (NFTs) by presenting his second NFT collection. This offering aims to celebrate Ronaldo’s exceptional accomplishments throughout his illustrious career, particularly showcasing his unique goals in soccer.…
In a recent tweet, Changpeng “CZ” Zhao, the CEO of Binance, drew attention to the dynamic nature of Bitcoin’s price and its increasing practicality. The tweet was timely, aligning with Bitcoin’s ascent above $31,450, marking its highest value since June 2022. This surge was primarily attributed to the US Securities and Exchange Commission’s endorsement of…
Institutional investors are paying more attention to cryptocurrencies and digital assets. According to a recent survey report by Binance Research and Binance VIP & Institutional, 88% of institutional users have a long-term, optimistic outlook on crypto for the next decade. The crypto market is known for its high volatility, but the majority of big-money players…
BNB, a native token of the Binance exchange, has seen a massive decline in its market shares following the global regulatory pressure on the trading platform. Binance began experiencing regulatory troubles on June 5, when the United States Securities and Exchange Commission (SEC) filed a lawsuit against the exchange on the allegations of fraud and…
According to Google Trends data, interest in Bitcoin is heading to historic lows as of June 27. In a screenshot shared by a Twitter user, organic searches related to “Bitcoin” have dropped in the last six months. Google Trends is a free tool that tracks how people search for specific terms or phrases on Google,…