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“# First DEX on Oasis Network hits $100M TVL in 24 hours ” YuzuSwap, the first decentralized exchange operating on the Oasis Network, has seen rapid uptake since launching on Jan. 11, underscoring heightened demand for decentralized finance protocols. In its first 24 hours of operations, YuzuSwap achieved a total value locked, or TVL, of…
“# Binance Labs backs $200M Oasis Ecosystem Fund ” Binance Labs, the venture capital (VC) arm of the Binance cryptocurrency exchange, announced Tuesday that it will contribute to Oasis Foundation’s $200 million ecosystem development fund, sending a strong signal that major investors were still keen to back emerging projects on alternative blockchain networks. With the…
“# Coinbase, PayPal join TaxBit Network for free crypto tax forms ” Crypto tax compliance firm TaxBit is working to unite major industry companies like Coinbase and Binance.US within one network to enable free 2021 tax forms for users. The crypto tax software provider on Tuesday launched the TaxBit Network, a certified network aiming to…
“# Binance sponsors AFCON to further develop crypto adoption in Africa ” Monday marked the start of the TotalEnergies Africa Cup of Nations tournament — the largest men’s football championship series in Africa. At the same time, Binance announced its official partnership with the Confederation of African Football as well as its official sponsorship for…
“# Binance CEO CZ richest crypto billionaire at $96B: Bloomberg ” Changpeng Zhao, the CEO of Binance, tops the list of richest crypto billionaires with an estimated net worth of $96 billion. According to Bloomberg CZ ranks 11th among the world’s richest people as Binance retains its position as the biggest crypto exchange in terms…
“# Pakistan to investigate Binance for multi-million dollar crypto scam ” Pakistan’s Federal Investigation Agency (FIA) reportedly issued a formal notice to crypto exchange Binance in an effort to identify links around a multi-million crypto scam in the region. The government of Pakistan started a criminal investigation after receiving numerous complaints against an ongoing scam…
“# Binance implements a ‘fair way’ to purchase NFTs ” Due to the rise in demand, it’s increasingly harder to purchase nonfungible tokens (NFTs) on their initial launch. Because of the limited supply, and high demand, some NFT drops have sold out after only a few seconds of release. With this, users who are interested in…
“# 3 reasons why Cosmos (ATOM) price is near a new all-time high ” Blockchain network interoperability is shaping up to be one of the main themes for the cryptocurrency ecosystem in 2022. New users are continuing to onboard into the growing world of crypto while both new and established projects search for the chain…
“# Internet Computer: Correction risk rises after ICP price gains nearly 60% in 5 days ” Internet Computer (ICP) has entered 2022 with a bang. The ICP price rose by over 56% in the first five days of the new year, reaching a 30-day high of $38 on Jan. 5. Its massive upside move accompanied…
“# Binance Labs leads $12M round for DeFi platform WOO Network ” Decentralized finance (DeFi) liquidity provider WOO Network has secured additional funds in a Series A funding round. Incubated by quantitative trading heavyweight Kronos Research, WOO Network has pocketed an additional $12 million strategic investment in a a Series A+ funding round led by Binance…