On March 13, CZ tweeted that due to the changes in stablecoins and banks, Binance will be converting the remaining $1 billion funds in its Industry Recovery Initiative to native crypto. The native cry...
Tag: native
Binance’s CZ announces BUSD recovery funds conversion to ‘native crypto’
Binance CEO has announced that the exchange will convert $1 billion Industry Recovery Initiative funds to native cryptos such as BTC, ETH, and BNB from BUSD. Binance co-founder and CEO, Changpeng “CZ...
Binance CEO announces recovery funds conversion from BUSD to ‘native crypto’
The failure of three major crypto-backing banks, Silicon Valley Bank (SVB), Silvergate Bank and Signature Bank caused the stablecoin (USDC) to fall to as low as $0.87 from its $1 benchmark. Amid the ...
CryptoGPT Launched its Native Token GPT
7 seconds ago | 2 mins read Altcoin News CryptoGPT’s Native crypto token GPT is live now. CryptoGPT price increased by over 20%. Today, the Ethereum-based zero-knowledge (ZK) layer-2 blockchain Crypto...
A new checkpoint for the native crypto of Tron
TRX (Tron) the decentralized blockchain-based platform has been in the news lately in a very big way. On 8 March 2023, TRX completed its 5 billionth transaction, making it one of the most widely used ...
Launch Zone halts trading, transfer of native token following hack
Ad DeFi protocol Launch Zone was hacked by DND exploiter on Feb. 27, leading to a catastrophic crash in its native token LZ’s value. Initially, the protocol warned people not to buy its token for the ...
Bitget’s Native Token Rallies 121% in Less Than a Week As Crypto Exchange Sees Rapid Growth
Crypto exchange Bitget’s native token BGB is outrunning most of the markets as it prints a new all-time high after parabolic rallies. According to Bitget’s managing director, Gracy Chen, the exchange ...
NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of Hours – Markets and Prices Bitcoin News
The Blur non-fungible token (NFT) marketplace launched its native token this week, and users who were awarded token allotments received “care packages.” Blur tokens began trading at noon on Feb. 14, r...
Binance’s Native Token, BNB, Price Impacted by Recent FUD on Stablecoin: Details
Binance‘s native token, BNB, posted a significant drop on its daily chart after a New York regulator ordered Paxos Trust to stop creating more BUSD stablecoins. As seen on the TradingView chart...
Ready to GHO? Aave Launches Native Stablecoin on Ethereum Testnet
Aave Companies, the firm behind the eponymously-named lending and borrowing protocol, are launching its native stablecoin GHO on the Ethereum Goerli testnet. Pronounced “GO,” the stablecoin is fully d...
Chiliz Launches Native Blockchain in Shift Away From ‘Just Being a Token’: CEO
Chiliz, the crypto startup behind fan token platform Socios, today launched its new layer-1 blockchain, shifting away from the current chain running on Ethereum. The launch of Chiliz Chain 2.0 comes a...
Binance native token BNB starts 2023 with 38% price gain
Binance’s native token, BNB, has had a roaring start to the year, with its year-to-date (YTD) gains standing at over 38%. But will it last amid the USD withdrawal suspension? BNB price chart (Source: ...
Trader Joe’s native token ‘joe’ goes omni-chain with LayerZero partnership
Decentralized exchange Trader Joe, not to be confused with the American grocery chain, has partnered with interoperability protocol LayerZero to convert its native ERC-20 token “joe” into ...
RBX, the Native Token of ReserveBlock, Debuts on Bitrue and Deepcoin Exchanges
The eco-friendly NFT platform known as ReserveBlock has achieved a big milestone with the listing of its native token RBX on two of the crypto industry’s leading exchanges, Bitrue and Deepcoin. Reser...
18k ATMs across UK now accept native stablecoin
As part of efforts towards making the U.K. become a ‘crypto hub,’ a partnership deal has been struck between BitcoinPoint and Poundtoken; the deal is meant to ensure the country’s stablecoin ($GBPT) b...
Squid Protocol Raises $3.5m, Introduces Native Cross-chain Swaps
Squid Protocol, an interoperability protocol for DeFi applications, has raised $3.5 million in a seed funding round led by North Island Ventures, with participation from Distributed Global, Fabric Ve...
Squid brings native cross-chain swaps to 25 blockchains
Squid, a cross-chain routing protocol powered by Axelar, has closed a $3.5 million seed round to build native-to-native cross-chain token swaps. The protocol will allow developers on 25 chains to swap...
Cardano’s Native Stablecoin ‘Djed’ Now Live on the Mainnet
13 hours ago | 2 mins read Altcoin News Djed is a cooperative project between COTI and Input-Output Global. The new stablecoin uses a system of over-collateralization by 400% to 800%. Over a year afte...
XRPL Labs Developing Hooks Sidechain with XRP as Native Currency
Developers believe Hooks will soon be ready for real-life applications. XRPL Labs lead developer Wietse Wind has revealed that developers are building a Hooks sidechain with XRP as the native currency...
Binance Burns 16M BNB Tokens Converting ERC20 to Native BEP2
26 mins ago | 2 mins read Exchange News In only 24 hours, the BNB price rose to $315, an almost 2% increase. Binance CEO CZ asked sceptics to refrain from spreading FUD. On Sunday, Binance CEO Changpe...
Pi Network founder discusses human verifcation through AI; introduces native KYC solution for crypto community – Cryptopolitan
Dr. Nicolas Kokkalis, the founder of Pi Network, explored ways to showcase humanness within a rapidly leaning society towards artificial intelligence (AI). In his blog post, the tech expert emphasizes...
Pi Network founder discusses human verifcation through through AI; introduces native KYC solution for crypto community – Cryptopolitan
Dr. Nicolas Kokkalis, the founder of Pi Network, explored ways to showcase humanness within a rapidly leaning society towards artificial intelligence (AI). In his blog post, the tech expert emphasizes...
Axie Infinity’s native token skyrockets while users drop to 26-month lows
The play-to-earn (P2E) game based on non-fungible tokens (NFTs), Axie Infinity, has seen a massive drop in average monthly players since Jan. 2022. In addition, the NFT-based game’s native tokens — Ax...
NFT Marketplace Blur Delays Native Token Launch
The platform, which has positioned itself as the NFT marketplace for “pro traders” since its launch in October, gained traction among seasoned JPEG slingers for its zero trading fees, marketplace “flo...
Revolut ‘Assessing The Best Time’ for Native RevCoin Launch
Revolut is currently “assessing the best time” to launch its native cryptocurrency this year. A spokesperson for the challenger bank told Decrypt via email that it is currently “scoping the market con...
Revolut Suspends Launch of Native Token RevCoin, Here’s Why
Revolut is holding off on its token launch to determine the full extent of the damage caused by the FTX crash. Fast-growing fintech Revolut is presently trying to decide the best time to launch its na...
Native partners with Ankr to touch new heights in the Web3 ecosystem
Native Labs is extremely pleased with its decision to enter into a beneficial partnership with Ankr. It happens to be a very good and strong infrastructure provider for the Web3 arena. With this strat...
Airtm Winds Down Cryptocurrency Trading, Exchanges All Funds to Native Stablecoin – Exchanges Bitcoin News
Airtm, a Latam popular cryptocurrency exchange and wallet, has announced it is winding down cryptocurrency trading and custody in its platform. The company stated that starting Jan. 4, 2023, all crypt...