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BNB Chain has successfully carried out its 31st quarterly burn, removing 1.57 million BNB from circulation. The burn resulted in an elimination of about $916 million worth of tokens. Although there was a small drop in price, the burn is meant to help boost scarcity and support the value in the future. The Binance Chain […]
The President of the Kyrgyz Republic, Sadyr Zhaparov, announced that the National Investment Agency of Kyrgyzstan has signed a strategic Memorandum of Understanding with Changpeng Zhao (CZ), the co-founder of Binance. Based on this agreement, CZ acts as an official advisor on matters regarding the country’s blockchain growth, crypto regulation, and all-around Web3 innovation. The […]
Changpeng Zhao, the founder of Binance, has proposed a new token unlock mechanism aimed at preventing the market from being flooded with new tokens during periods of low prices. This model ensures that tokens are unlocked only under specific conditions to provide stability to token prices. Zhaos proposal is designed to prevent early dumping and […]
In a bold move to expand its portfolio, YZi Labs, the venture arm of Binance’s former CEO, Changpeng Zhao, has invested $16 million in the blockchain platform Sign. This strategic funding aims to accelerate blockchain adoption across various sectors globally. YZi Labs Boosts Blockchain Growth YZi Labs, the venture capital arm formerly known as Binance […]
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