Chinese microchip manufacturer Nano Labs has begun executing its ambitious strategy to hold up to 10% of Binance Coin’s circulating supply, starting with a $50 million purchase of BNB. The company confirmed on Thursday that it aims to build its BNB holdings to as much as $1 billion, representing between ...
Nano Labs Ltd has unveiled a $500 million private placement through convertible promissory notes—a decisive step in its evolving crypto treasury strategy centred around Binance Coin (BNB). Under the agreement, a consortium of investors will subscribe to unsecured notes that mature in 360 days and carry no interest. These notes ...
Singapore-based crypto venture capital firm Foresight Ventures has committed up to $25 million to support emerging blockchain startups on BNB Chain through 2025. According to the press release issued on February 24, As an alliance member of BIA, Foresight Ventures will have the opportunity to invest in high-potential projects, identifying ...
Bhutan's newly established special administrative region, Gelephu Mindfulness City (GMC), has announced plans to include Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) in its strategic reserves. This innovative move positions the region as one of the first in the world to integrate digital assets into its financial framework. In ...
Binance Labs has invested an undisclosed amount in THENA, a decentralized exchange (DEX) and liquidity protocol built on the BNB Chain. In its X’s announcement today, December 31, 2024, the investment firm claimed that it views THENA’s approach as vital to the future of DeFi, positioning it as a potential ...
Multichain DEX PancakeSwap has launched Springboard, a no-code platform designed to simplify token creation and listing on the BNB Chain. Announced on December 4, the platform is already driving activity in the ecosystem, with newly minted tokens gaining traction shortly after its debut. 1/5🐰Introducing PancakeSwap SpringBoard: The all-in-one platform to ...
BNB Chain and Binance Labs have unveiled a pioneering initiative aimed at accelerating the growth of early-stage blockchain projects worldwide. Known as the BNB Incubation Alliance (BIA), this collaborative effort is expected to bring together leading venture capitalists, incubators, and developer communities to bolster innovation within the blockchain ecosystem. According ...
The BabyDogeCoin team has announced a proposal to renounce the BabyDoge token contract on both the Ethereum (ETH) and Binance Smart Chain (BNB) networks. This move is aimed at enhancing decentralization and increasing trust within the BabyDoge ecosystem. The renouncement of the token contract means that no single entity will ...
A lot has been going on at Binance in the last two weeks. The exchange pleaded guilty to multiple federal charges, including anti-money laundering, unlicensed money transmission, and sanctions violations; consequently reaching a settlement deal with the Department of the Treasury and the U.S. Commodity Futures Trading Commission (CFTC) to ...
On-chain analytics firm Nansen has released a report showing that Binance BNB Chain has the most active addresses in April 2023, with 10.9 million, which is more than twice the number of its closest competitors, Solana and Ethereum. However, the number of active addresses on the Binance BNB Chain decreased ...
