Search Results for: BNB

Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum

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On Monday, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be…

GAIMIN Delivers a Decentralized Approach to the Increasing Requirement for More Data Processing Power

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The world-wide demand for data processing is increasing year-on-year, with data processing applications requiring ever increasing performance from data processing devices and services. Industries, such as Artificial Intelligence (AI), video rendering, powering blockchain computations, scientific simulations and research, financial modeling and…

‘Ethereum Killers’ Managed to ‘Kill’ Themselves in 2022 Rather Than Beat the Smart Contract Economy’s Heavyweight Champ

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At the end of 2021, a myriad of people thought a handful of smart contract platform tokens, often referred to as ‘Ethereum killers,’ would flip the second-largest crypto asset in terms of market capitalization in 2022. As 2022 comes to an…

BTC, ETH, ADA, BNB Ranked the Most Watched Crypto Assets in 2022

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Today’s top ten crypto assets make up a large portion of the crypto economy’s current $797.95 billion value on Dec. 29, 2022, and many of them are some of the most popular digital currencies today. While coin market capitalization aggregation sites…

Biggest Movers: ADA Hits Fresh Record Low, BNB Down for Seventh Straight Day

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Cardano fell to a fresh all-time low on Saturday, as prices plunged by over 10% to start the weekend. The move saw the token drop for a third straight session, as a red wave swept through cryptocurrency markets. Binance coin also…

NFT Sales This Week Jumped 27% Higher, Cryptopunks Rise Above Bored Apes

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On Dec. 14, 2022, statistics show that non-fungible token (NFT) sales jumped 27.72% higher than NFT sales recorded last week. The Bored Ape Yacht Club (BAYC) NFT collection captured the most sales this week but on Wednesday afternoon, the floor value…

Binance and Crypto.com Publish Proof-of-Reserve Audits Conducted by Global Auditor Mazars Group

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This week two cryptocurrency exchanges provided proof-of-reserves in order to highlight that the trading platforms are backing customer assets 1:1. Binance published its report on Dec. 7, 2022, and detailed the global auditor Mazars Group conducted the audit. On Dec. 9,…

ZOGI Token Launches on Cronos, BNB Chain and Ethereum With Revolutionary Wrapper

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Dubai, December 9th – Zogi Labs, a pioneering crypto company & gaming studio famously known for the BEZOGE token and the up-and-coming crypto-based MMORPG, The Legends of Bezogia today launches their new ZOGI token on Cronos, BNB Chain & Ethereum. The…

This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the Volume

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On Monday, Dec. 5, 2022, market data shows that non-fungible token (NFT) sales dropped 5.23% lower than last week’s sales despite a 15.16% increase in NFT buyers. Out of the $112.70 million in NFT sales volume over the last week, Ethereum-based…

Dappradar Report Shows Blockchain Gaming Thrived Amid FTX Collapse, Sector Accounted for 46% of All Network Activity

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According to a report published by the global dapp store platform, Dappradar, blockchain gaming hardly felt the impact of the recent FTX collapse and the crypto market carnage that ensued. Dappradar’s Blockchain Games Report indicates that the number of daily unique…