Tag: Binance

Binance Labs backs BounceBit for Bitcoin restaking and CeDeFi revolution

Binance Labs invests in BounceBit for Bitcoin restaking and CeDeFi innovations. BounceBit integrates CeFi and DeFi empowering BTC beyond traditional value storage. BounceBit’s dual-token system enhances security, transparency, and network utility for Bitcoin. In a strategic move aimed at expanding the utility of Bitcoin, Binance Labs, the venture capital and incubation arm of Binance, has […]

AltLayer (ALT) token skyrockets 5,380% on Binance following airdrop and listing

ALT token on Binance surged 5,380% from $0.006 to $0.3288 in minutes. AltLayer’s six-day farming schedule and airdrop preceded the explosive surge. Binance swiftly integrated ALT into Simple Earn and Convert, with plans for Margin, Futures, and Auto-Invest. In a staggering turn of events, AltLayer’s native token, ALT, witnessed an unprecedented surge on the Binance […]

Binance announces Serum, Sonm and DFI.money delisting

The Binance news saw all three altcoins nosedive double-digits. Serum (SRM) was down 29%, Sonm (SNM) shed 58% and DFI.money (YFII) declined by 16% in 24 hours. Trading on all pairs for the tokens will end on August 22, 2023. Serum (SRM), Sonm (SNM) and DFI.money (YFII) are among the biggest losers in the crypto […]

China’s state TV crypto broadcast “big deal”, Binance CEO says

Binance CEO Changpeng Zhao says China’s state TV crypto broadcast is “a big deal.”  He notes that previous coverage has historically been bullish for crypto. His comments come as Bitcoin price struggled to stay above $26k on Wednesday. Binance CEO Changpeng Zhao, popularly known as CZ, says China broadcasting a crypto segment on state broadcaster […]