19 days ago, usd coin (USDC), the second largest stablecoin by market capitalization, had an overall valuation of around $48.82 billion and since then, it has continued to deflate down to today’s $44.93 billion. Statistics show that during the last three months, USDC’s market valuation has dropped by more than 19%, shedding approximately $10.59 billion.…
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Starting in November 2022, Binance’s Top 10 Equal-Weighted Index will be available to investors through Auto-Invest, to track the performance of the top 10 cryptocurrencies. Crypto exchange Binance announced it will launch its first index product, the Top 10 Equal-Weighted Index, to kick off its Binance CoinMarketCap (CMC) Index Series. The Top 10 Equal-Weighted Index will…
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The loans will be provided to “blue-chip” Bitcoin miners who could back their bids with physical or digital assets. Binance Pool, a mining subsidiary of Binance, launched a $500 million lending project to support the crypto mining industry. It will provide loans to private blue-chip Bitcoin (BTC) crypto miners. According to the official blog post…
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Cryptocurrency exchange Binance has set out to support crypto miners through a lending program established by its mining pool. Presenting the initiative this week, the coin trading platform also unveiled that Binance Pool intends to launch cloud mining products. Leading Exchange Binance Looking to Help Bitcoin Miners in Difficult Times for Crypto Business Binance, the…
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Binance Pool, the crypto mining services arm of cryptocurrency exchange Binance, aims to support Bitcoin miners to weather the crypto winter with a $500 million loan. The ongoing bear market has had deep impacts on almost all industry participants, particularly miners. Amid rising fuel and electricity prices and the crypto market downturn, this cohort has…
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The Kharkiv Art Museum launched a new NFT collection on the Binance NFT marketplace to help raise funds for operations and the preservation of cultural heritage. As the Web3 space expands, nonfungible token (NFT) use cases continue to develop past the hyped days of stagnant digital art collections. However, even within the art realm, NFT…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Crypto News Summary: Roche Freedman Dismissed as Lead Counsel in Tether/Bitfinex Lawsuit, Binance Pool Launches $500M Fund for Loans to Bitcoin Miners Read more »Sign up for e-EUR – the progressive…
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The art museum in the Eastern Ukrainian city of Kharkiv has partnered with cryptocurrency exchange Binance to offer non-fungible tokens (NFTs) of some of its most valuable artworks. Proceeds from the auction will be used to restore the museum’s activities and support its staff. Ukrainian Museum to Sell 15 Works of Art as Digital Collectibles…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Crypto News Summary: Samsung’s ‘Private Blockchain’ Security System, Five Charged Over $2.5M NFT Theft Read more »Sign up for e-EUR – the progressive stablecoin
September has been one of the busiest months at Binance this year.
Last month the world’s largest crypto exchange by trading volume kicked off the inaugural Binance Blockchain Week Paris, a three-day event exploring the best of Web3. They also expanded their ever-growing suite of products, including introducing a more user-friendly way to earn…
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