Archive for the ‘Binance Smart Chain’ Category

Binance Strengthens Global Presence With Licensed Platform in … – BSC NEWS

Offering a unique multi-tier game theory approach and community-driven mechanics, SEC vs. FOUR aims to provide users with an immersive and entertaining experience.

After an exciting and successful presale on PinkSale, where it was trending, the SEC vs. FOUR team launched a dApp where two tokens will clash in an epic battle for supremacy.

SEC vs. FOUR is a thrilling DeFi experiment that combines the worlds of decentralized finance and meme culture. It revolves around a battle between the Securities and Exchange Commission (SEC) and CZ's "Four fingers" meme.

Led by an experienced BNB OGs and an anonymous team that has previously worked on significant projects during the last bull run on the BNB Chain (BNB), the project introduces two tokens, $SEC and $FOUR, which can be staked and traded within the platform. By participating in SEC vs. FOUR, users can earn rewards, shape the battle's outcome, and celebrate the spirit of innovation in the crypto space. It's an exciting venture that invites you to join the movement and be part of a community-driven project.

Starting on June 22nd at 18:00 UTC and for 48 hours, the DeFi world will witness an enthralling experiment that will pit the two tokens, $SEC and $FOUR. This exciting showdown aims to unravel the mystery behind the viral fame of the meme, and it will be decided by the community itself, adding an extra layer of excitement to the mix.

$SEC and $FOUR are tokens that bring a unique twist by forming the SEC:FOUR liquidity pair on PancakeSwap V2. Through a smart contract address, participants can access a hidden liquidity pool where these tokens are listed in a 1:1 ratio. This setup allows for a three-tier game theory approach, enabling users to trade Token A (SEC:FOUR) as an asset or break it down into Tokens B (SEC) and C (FOUR) for separate trading. This convergence adds an exciting dimension to the investment landscape, with APYs adjusting based on the demand for each pool.

The ecosystem offers four staking options, each with different earning potential. Users can stake SEC:FOUR-BNB to earn SEC or FOUR, stake FOUR to earn SEC, or stake SEC to earn FOUR.

On June 22nd, the real battle starts and its time for the user to choose their side and stake their tokens! Two new pools will be set up (stake SEC, earn SEC, stake FOUR, earn FOUR), and to discourage frequent pool switching, these pools have a 1% deposit fee and a 2% withdrawal fee, and withdrawals are locked 2 hours before the countdown ends. This battle will last for 48 hours and at the end of it the community will decide the ultimate winner!

Learn more about the showdown here.

To stay updated with the latest news and announcements, follow SEC vs. FOUR on Twitter and join their Telegram community.

SEC vs. FOUR is a groundbreaking MemeFi experiment on the BNB Chain, aiming to introduce innovative protocols to the DeFi market. Led by an experienced BNB OGs and anonymous team, SEC vs. FOUR offers a unique multi-tier game theory approach and community-driven mechanics that empower participants and deliver an unforgettable investment experience.

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Binance Strengthens Global Presence With Licensed Platform in ... - BSC NEWS

Most Staked Cryptocurrencies in 2023 – BanklessTimes

For many cryptocurrency owners, staking is an excellent way to put assets to work rather than just leaving them stored up in a cryptowallet. By committing your assets to support a blockchain network, you can generate rewards and safeguard cryptocurrency platforms for other users. Not all networks are created equal though, and there are varying levels of reward and risk. At BanklessTimes.com weve ranked the ten most staked cryptocurrencies by market cap:

1. Ethereum

Ethereum is the most staked cryptocurrency, in large part because staking Ethereum is so straightforward. Anyone can become a validator by simply placing 32 ETH into a staking contract and activating validator software. Even the non-technical minded can do this through a CEX with just one click of a button. There are currently 601,977 validators on Ethereum and the platform has a staking market cap of $36,858,561,747, which is more than four times the amount of its largest competitor.

2. Solana

Solana has recently surged in popularity, driven by the fact that its native cryptocurrency SOL has experienced a significant growth in value. With a market price of $22.23, SOL is a reasonable investment and has long appealed to users for its lightning-fast transaction speeds and low fees. Solana has a staking ratio of 70.51% and rewards average at 6.8% per annum.

3. Cardano

Cardano has long been considered a safe investment choice thanks to the decentralised team of scientists, engineers and thought-leaders that lent their minds and rigorous testing to this open-source blockchain. Every ada holder has a stake in the network and ada can be delegated to a stake pool to earn rewards.

4. Aptos

Aptos has only recently been launched, but the fact it has three former Meta employees behind it has generated something of a buzz. The team behind Aptos has significant experience on the Diem stablecoin project and the platform uses accessible applications from Metas own programming language, Rust. With investors keen to get on board, Aptos already has a staking market cap of $8,089,418,162.

5. BNB Chain

Youll need a good degree of technical knowledge to invest in BNB Chain. The company formerly known as Binance Smart Chain only takes on 21 validators at a time and in order to be considered youll need to spin up a hardware node with the required specs, run a full BSC node, and stake a minimum of 10,000. This will only secure you a place as an elected candidate though; to start producing blocks you will need to be voted in, with candidates changing every 24 hours.

6. Sui

Sui is another cryptocurrency platform still at the integration stage, but attracting plenty of investors with its goal of making digital asset ownership accessible to everyone. The new project is the effort of Mysten Labs, a company founded by ex-employees of Metas Project Libra. The team has already generated a staking market cap of $7,062,537,071.

7. Avalanche

Avalanche differs from other cryptocurrency platforms in that fees are not directed to validators but rather burned. Burning increases the scarcity of its currency, AVAX, which is counterbalanced by the minting process in order to assure the longevity of the network. With a staking market cap of $3,627,678,874 it must be doing something right.

8. Polygon

Ethereums popularity has added many transactions to the Ethereum blockchain, which can make fees rise to the point at which smaller transactions are unviable. Polygon works by running alongside the Ethereum blockchain to provide faster transactions and lower fees to users.

9. Tron

Tron is dedicated to decentralising the internet and users looking to stake TRX can choose to vote on Super Representatives, which is perceived as easy with minimal risk, or alternatively for a fee of 9,999 TRX they can pay to participate in the election for Super Representative, which requires a certain level of technical expertise.

10. Polkadot

Polkadot is a protocol that connects previously incompatible blockchains such as Ethereum and Bitcoin and allows value and data to be sent across them. The amount to stake is dynamic, but often sits around the 80 DOT mark. Choose your validators carefully on this platform if they dont behave youll end up losing DOT.

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Most Staked Cryptocurrencies in 2023 - BanklessTimes

KuCoin Business Lead Asks Companies to "Listen" to Users in Bear … – Inside Bitcoins

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As the cryptocurrency market continues to experience a prolonged bear market, industry leaders are embracing this challenging phase as an opportunity for growth and maturation.

Dorian Vincileoni, Europe business development lead at KuCoin, shared insights at the Proof of Talk 2023 blockchain conference, emphasizing the importance of prioritizing user-centric strategies during these times.

Vincileoni highlighted the value of bear markets in allowing companies to focus on innovation, product development, and enhancing user experiences. By tuning out the noise of bull markets, businesses can better understand the genuine needs of their organic user base.

Rather than being consumed by negative news, Vincileoni urged exchanges to concentrate on continuous improvement and community support, emphasizing that favorable market conditions will eventually return.

We closely listen to what our organic base is saying and what they are interested in. Our objective is to provide services to actual invested or interested communities, Vincileoni explained.

Despite a decline in overall market interest, Vincileoni noted that organic communities within the crypto space continue to thrive, indicating that the level of engagement remains substantial.

In terms of regulatory uncertainty, Vincileoni advised against making assumptions, urging industry players to react and adapt swiftly when clear guidelines are established. He described the current landscape as an adaptive race and emphasized the industrys responsibility to ensure user asset safety.

KuCoins market survey revealed a strong user interest in the implementation of artificial intelligence (AI) for enhanced security. The exchange promptly refunded affected users following a recent compromise of their Twitter account, demonstrating their commitment to user protection.

Vincileoni concluded on an optimistic note, stating that despite current market conditions, the industry remains brimming with untapped opportunities. He believes that we are merely at the dawn of an era that holds vast potential for future growth and innovation.

As the crypto bear market continues, industry players are leveraging this period to strengthen their offerings, improve user experiences, and foster resilient communities.

Binances CEO, Changpeng CZ Zhao, expressed a sense of relief as the protracted dispute with the United States Securities and Exchange Commission (SEC) finally reached a positive resolution. The prolonged period of regulatory uncertainty had caused tension and uncertainty within the company, making this resolution a much-welcomed outcome for CZ.

As the regulatory uncertainty dissipates, CZ, the CEO of Binance, can now direct his attention towards shaping the future of the company. In a tweet, he emphasized that the SECs emergency relief request was unnecessary, underscoring the fact that the agreed-upon resolution would allow Binance to move forward unhindered.

In a significant development, Judge Amy Berman Jackson from the U.S. District Court for the District of Columbia has given her seal of approval to the Proposed Stipulation and Consent Order forged between Binance, Binance.US, and the SEC on June 18. This landmark decision marks a significant step forward in the resolution of the dispute.

As per the courts ruling, the consent order requires Binance to repatriate all fiat currency and cryptocurrency assets associated with Binance.US.

Furthermore, the agreement places restrictions on Binance global officials, preventing them from accessing private keys of all wallets, including cold and hot wallets.

Despite encountering challenges and regulatory obstacles, Binance remains committed to its operations with steadfast determination. Binance CEO CZ expressed his satisfaction with the resolution of the SEC matter and reassured users that their funds are safeguarded and secure across all Binance-related services.

During the period of regulatory scrutiny, Binance remained committed to safeguarding user funds by implementing stringent security measures across all its platforms. The companys top priority was ensuring the safety and security of funds, providing users with peace of mind amidst the evolving regulatory landscape.

Additionally, Binance disclosed that its BNB Smart Chain is actively exploring the development and launch of a layer-2 blockchain scaling solution to enhance the efficiency and scalability of its ecosystem.

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Top Crypto Presale To Invest in 2023 – Analytics Insight

Cryptocurrencies continue to captivate investors and enthusiasts worldwide, offering opportunities for financial innovation, decentralized applications, and transformative possibilities across various industries.

While Shiba Inu (SHIB) struggles due to a liquidity crisis and low total value locked (TVL), hindering upward momentum, Binance Coin (BNB) shows promise with the expansion of Binance Smart Chain (BSC). Excitement builds for Caged Beasts (BEASTS) presale, featuring new beasts and a referral program for additional BEASTS tokens.

Despite the volatile nature of the cryptocurrency market, Shiba Inu (SHIB), a well-known meme coin, is struggling to gain consistent upward momentum. This is primarily due to a liquidity crisis, TVL, and unappealing annual percentage yield (APY) offered by liquidity pools, all of which indicate a lack of demand for SHIB as a liquidity provider (LP).

The liquidity crisis of SHIB is evident in the limited volume of tradable tokens, compromising the assets stability and discouraging potential investors while causing existing holders to reconsider their stakes. This stagnant state presents a significant obstacle to SHIBs price growth.

Additionally, the low TVL of SHIB raises concerns. TVL represents the total assets staked in a cryptocurrencys network or DeFi protocol. A low TVL signifies reduced activity on the network, which is often interpreted as a lack of investor trust in the assets potential for generating yield.

This lack of activity deters new investors and suppresses SHIBs price growth. Furthermore, the unimpressive APYs offered by various liquidity pools compound the problem. With below-average returns, liquidity providers lack the incentive to stake SHIB in DeFi pools.

The performance of BSC has always correlated directly with the price trend of Binance. As more projects choose BSC for its efficiency and cost-effectiveness, the demand for BNB naturally increases, providing a solid foundation for its price. This effect is particularly notable in the DeFi sector, where BSC projects like PancakeSwap dominate the market and drive BNB to new heights. The rapid expansion of BSC showcases the adaptability and versatility of the Binance ecosystem.

As the network continues to grow, it creates a thriving environment that may result in a significant price increase for BNB. Given the current market conditions, an 11% price surge could be on the horizon. Despite trading at a 75-day low, the strengthening Binance ecosystem has the potential to fuel a bullish comeback. Traders and investors should closely monitor the movement of BNB in the upcoming days, as a sudden trend reversal could spark a new rally.

Caged Beasts (BEASTS), an upcoming meme coin project, is generating immense excitement within the cryptocurrency community as it prepares for its highly anticipated presale. This presale has the potential to become one of the standout events of the year, expected to unfold rapidly. The project aims to prioritise both community involvement and utility, offering users the thrilling elements typically associated with meme coins.

Caged Beasts presale stands out with its distinct offering of unveiling a new beast at each stage. This pioneering feature is expected to have a profound impact by increasing the value, capturing attention, and igniting excitement for the coin, thereby creating a vibrant community buzz throughout the process. In addition to this enticing aspect, Caged Beasts presents investors with an opportunity to earn free cryptocurrency and passive income through its referral program during the presale.

The referral program enables users to create their own referral codes, which they can distribute to anyone they choose. When a referred user makes a deposit in ETH, BNB, or USDT, utilising the referral code, both the referrer and the referred investor will receive a bonus of 20% extra BEASTS tokens.

This innovative program fosters an interactive and mutually beneficial environment for all participants involved. Register yourself on the website to avail all the presale benefits and updates.

Website: https://cagedbeasts.com

Twitter: https://twitter.com/CAGED_BEASTS

Telegram: https://t.me/CAGEDBEASTS

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Top Crypto Presale To Invest in 2023 - Analytics Insight

Explore Bitcoin NFT Trading on Binance – Crypto Times

According to an official announcement, Binance NFT Marketplace has integrated the Bitcoin network, expanding trading opportunities for its community. Users can now explore and trade various NFTs across multiple blockchains, including BNB Smart Chain (BSC), Bitcoin (BTC), Ethereum (ETH), and Polygon (MATIC), all within their Binance accounts.

With this integration, users can seamlessly buy, deposit, withdraw, and list NFTs from the Bitcoin network directly on the Binance NFT Marketplace without needing a separate BTC wallet. Keeping Bitcoin or other tokens in their spot wallets enables convenient NFT trading on the platform.

The marketplace currently offers a curated selection of Bitcoin NFT Collections, with plans for regular additions. Users are advised to verify their deposit addresses to ensure accurate transfers, as mistakes could result in irreversible loss. Detailed instructions are available in the platforms FAQ section.

To celebrate the Bitcoin network integration, Binance NFT has launched an exclusive promotion for participants. Those who engage in at least one trade involving Bitcoin NFTs between June 6 and June 19, 2023, have a chance to win one of the 80 exclusive Bitcoin NFTs. The promotion includes buying and selling, with reward distribution following specific rules.

The promotion consists of two Snapshot Periods: June 13 and June 20, 2023. Participants who registered for Binance NFTs event from May 9 to May 15, 2023, will be eligible for selection as 50 winners from each Snapshot Period. Winners will receive a unique Bitcoin NFT from renowned collections such as Bitcoin Pizzas, DogePunks, JOMOHippo, PixelBirds Sparrow, Ordz Heroes, NPC Ordinals, Neo Yauto, and Block Legends.

Additionally, 15 winners will be chosen from the remaining eligible users in each Snapshot Period, resulting in a total of 30 winners. These winners will also receive an exclusive Bitcoin NFT from the mentioned collections.

As Binance continues expanding its NFT Marketplace, more platforms and blockchains will be integrated, offering users an ever-growing selection of offerings. The goal is to enhance features and compatibility, providing a dynamic and inclusive space for NFT enthusiasts.

Note that Binance reserves the right to make necessary amendments or variations to the promotions terms and conditions, including winner selection. Participants should stay informed about any changes as Binances decisions are final.

In other news, Binance has integrated Bitcoin NFTs into its marketplace, despite facing a recent complaint from the SEC. This integration allows users to access captivating Bitcoin NFT collections, including BTC DeGods and Bitcoin Bandits, showcasing Binances commitment to innovation.

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Explore Bitcoin NFT Trading on Binance - Crypto Times