Binance introduces BNB Auto-Burn to replace quarterly burn protocol

Binance officially announced the implementation of a new Binance Coin (BNB) Auto-Burn protocol to replace its current quarterly burn mechanism.  In response to the requests of the BNB community, Binance changed its quarterly burning protocol for BNB tokens. According to Binance, this will provide more “transparency and predictability” to its community. With this, BNB will be burned […]

VanEck Bitcoin Strategy ETF launch day volume a fraction of BITO’s

The VanEck Bitcoin Strategy ETF (XBTF) closed its first day of trading on Nov. 16 with “respectable” trading volume, but one that pales in comparison to similar launches. Bitcoin futures ETFs provide investors exposure to potential future prices of Bitcoin without forcing them to hold any Bitcoin themselves. At market close on the Chicago Board of Exchange […]

Tezos To Make a Smashing Appearance for NFTs on Adobe’s Behance

Adobe’s Behance will showcase NFT artwork. To do so it will connect to many blockchains including Tezos. NFT holders can connect their crypto wallets to Behance to display their NFTs. Adobe’s social media platform — Behance, the world’s largest creative network is getting in on the Non-Fungible Token (NFT) action. This platform is a place for creators […]

Chinese blockchain project BSN expands to Turkey and Uzbekistan

The Chinese government-backed blockchain project, the Blockchain-based Service Network (BSN), continues expanding its global presence by setting up two new portals in Turkey and Uzbekistan. Red Date Technology, the architect behind the BSN project, has signed an agreement with a Turkish consultancy firm, Turkish Chinese Business Matching Center (TUCEM), to launch two international BSN portals […]

Crypto is impossible to destroy, says Tesla CEO Elon Musk

As global regulators continue to scrutinize the cryptocurrency industry, Tesla CEO Elon Musk has expressed support for crypto, calling it indestructible. “It is not possible to, I think, destroy crypto, but it is possible for governments to slow down its advancement,” Musk said at the Code Conference in California, CNBC reported Tuesday. According to the Tesla CEO, […]

The Three Kingdoms: The New Era of Play-to-Earn Games

The Three Kingdoms is a highly strategic third-generation NFT game based on the historical characters of the Three Kingdoms period in ancient China. The historical characters enable users to have engaging gameplay while obtaining rewards for their achievements. CryptoKitties was the first to bring blockchain gaming to life, and games such as Axie Infinity defined […]

LCX price rallies 300%+ after the launching DeFi Terminal 2.0

The emergence of decentralized finance (DeFi) has reshaped the landscape of the cryptocurrency ecosystem, which was once dominated by centralized exchanges like Coinbase and Binance and helped to make it more accessible for users and projects seeking to gain access to the markets.  As DeFi emerged as a cheaper, more accessible option for investors and […]