Tag: finance
Revolutionizing Traditional Funding: Binance Labs Invests in BIO Protocol
Binance Labs, the venture capital arm of popular crypto exchange Binance, has recently made a significant investment in BIO Protocol, a blockchain-based platform aiming to revolutionize early-stage scientific research funding. This marks Binance Labs'...
MakerDAO Community Votes to Proceed with Sky Rebrand Despite Centralization Concerns
The MakerDAO community has made a decision to move forward with the Sky rebrand despite concerns about centralization. In a recent vote, it was revealed that 79.3% of participants supported keeping the Sky brand...
Bitcoin Price Surge: Cardano Up 16%, Bitcoin to Hit $100K Post Fed Rate Cut
Cardano's ADA has seen a significant 16% surge in the past 24 hours, driven by overall market increases, renewed interest in decentralized finance, and a growing appeal to retail investors. This surge comes as...
D.O.G.E Memecoin Surges 100% with Elon Musk’s Trump Connection
A parody cryptocurrency named D.O.G.E memecoin has seen a significant 100% surge in value over the past 24 hours, leading to an increase in trading volumes and demand. This surge can be attributed to...
Bitcoin Hits Record High Post-Election: Ether and Solana Surge Before FOMC
Bitcoin has reached a new all-time high, showing strong performance after Donald Trump's victory in the U.S. presidential election. The cryptocurrency is currently up 2.3% in the last 24 hours, trading at $76,600, driven...
Bitcoin ETFs Gain $1.3B Inflows Amid Trump Win and Fed Rate Cuts
Bitcoin ETFs in the U.S. have experienced a significant increase in net inflows following Donald Trump's presidential win. The total inflows reached a record-breaking $1.38 billion, with BlackRock's IBIT leading the way with over...
October Dapps Revenue Surges to $164M: Adoption Growth Analysis
Decentralized applications (dApps) have seen a significant increase in revenue, reaching $164 million in October according to a report by Binance Research. This surge in revenue is a clear indicator of the growing adoption...
Bitcoin Developers Collaborate with StarkWare and Blockstream for Breakthrough Features in New Update
A group of Bitcoin developers from different teams have come together to make a significant breakthrough on the Bitcoin blockchain. They have found a way to add a type of programming called "covenants" that...
Competition Drives Blockchain’s Path to Dominance
In the world of finance, there are many misconceptions that often lead to misunderstandings. One common misconception is that traditional finance (TradFi) is highly centralized. However, the reality is that the global banking system...
DEGEN L3 Migration Challenges: Conduit Standoff and Financial Losses
DEGEN L3 Migration Challenges: Conduit Standoff and Financial LossesDEGEN is facing obstacles in migrating DEGEN L3 to a new service provider due to issues with Conduit, which have resulted in financial losses and operational...
