Binance ecosystem

Elon Musk says first human with Neuralink brain chip is ‘recovering well’

• by admin
• January 30, 2024

The first Neuralink product will be called “Telepathy,” according to Musk, allowing users to control digital devices using only their thoughts. The first human patient implanted with Neuralink’s brain-computer device is “recovering well,” according to Neuralink owner Elon Musk. In a Jan. 29 X post, Musk said the person successfully received the implant on Sunday, […]

Binance ecosystem

Web3 meets instant messaging: Monetization of social influence with Telegram Mini App for content consumption and sharing

• by admin
• January 16, 2024

Telegram is not the first platform for sharing and distributing content. But that may be about to change, as a decentralized content layer has invented a new bot that rewards users for interacting with content. ReadON, a decentralized Web3 content layer, has recently launched a Telegram bot that allows users to monetize their social influence […]

Binance ecosystem

From code to community: How to attract developers and users in the world of ZK technology

• by admin
• January 14, 2024

Experts discussed the role of L1, L2, and ZK-rollups in crypto adoption, emphasizing the need for continued innovation to address performance and cost challenges. As zero-knowledge (ZK) technology advances in addressing mainstream use cases, the community supporting this transformative tech is gaining significant momentum. The recent zkDay Istanbul event, attended by over 1,200 ZK developers, […]

Binance ecosystem

Largest Solana drainer community has over 6K members — Chainalysis

• by admin
• January 4, 2024

Solana wallet drainer activity has increased in recent months as the price of SOL has skyrocketed, making holders of SOL and Solana-based memecoins more lucrative phishing targets. One of the largest online communities devoted to just one popular Solana SOL $98 wallet drainer kit has more than 6,000 members, according to blockchain security firm Chainalysis. […]

Binance ecosystem

‘Revenge of the ETH’ — Is Ethereum’s 9% jump the start of something big?

• by admin
• December 28, 2023

Despite being beaten off the starting line by Solana and other altcoins, some traders now believe Ethereum is primed for a move. After being drastically outperformed by Solana for the past three months, the price of Ether ETH $2,396   suddenly spiked 8.9% in the last 24 hours, leading to some bullish sentiment returning to […]

Binance ecosystem

Bitcoin ecosystem reinvigorated by memecoins, new protocols

• by admin
• December 17, 2023

Bitcoin miners’ revenue has reached all-time highs in part due to increased on-chain fees. The Bitcoin ecosystem has witnessed a dramatic recovery as the market cap of BRC-20 tokens surpassed $4 billion shortly after their invention in January. According to a Dec. 15 research report by cryptocurrency exchange Bitget seen by Cointelegraph, Bitcoin BTC $41,885 […]

Binance ecosystem

Cosmos Interchain Foundation budgets $26M for ecosystem development in 2024

• by admin
• December 14, 2023

The amount allocated is down from a budget of $40 million in 2023. Switzerland-based Interchain Foundation (ICF), the core developer behind the cross-chain communications protocol Cosmos, will allocate $26.4 million for maintaining the said ecosystem next year. According to a Dec. 13 announcement seen by Cointelegraph, the ICF 2024 roadmap “prioritizes funding for the Interchain […]

Binance ecosystem

Binance will end support for BUSD stablecoin in December

• by admin
• December 12, 2023

Many users’ Binance USD balances will automatically be converted into First Digital USD starting on Dec. 31. Major cryptocurrency exchange Binance announced it will cease support for all Binance USD (BUSD) products starting on Dec. 15 following Paxos halting the minting of new coins. In a Nov. 29 notice, Binance said users should withdraw or […]

Binance ecosystem

US Justice Department seizes 9M USDT amid $225M illicit funds frozen by Tether

• by admin
• November 22, 2023

Officials reported the seizure was tied to an organization responsible for “pig butchering” romance scams. The United States Department of Justice announced it had seized roughly $9 million worth of USDT USDT $1.00 following Tether freezing funds connected to a criminal organization responsible for romance scams. In a Nov. 21 announcement, the Justice Department said […]

Binance ecosystem

Binance’s spot trading market share falls to 40% in 2023: Report

• by admin
• November 14, 2023

The exchange’s share in crypto spot trading has been slashed by one-third over the past year. Crypto exchange Binance’s market share in spot trading has fallen to 40% in late 2023, compared with 62% a year ago. According to the Nov. 6 report by blockchain analytics firm 0xScope, the exchange has lost one-third of its […]