Based on the price of BNB and the number of blocks generated on BSC during the quarter, the BNB auto-burn mechanism automatically modifies the amount of BNB to be burned. BNB and its role in the blockchain ecosystem Binance Coin (BNB) is the Binance ecosystem’s native cryptocurrency. Launched in 2017, BNB was originally presented as...Continue Reading

Compass Mining parts ways with 15% of its workforce while senior employees and executives take major pay-cuts in the wake of the cryptocurrency downturn. Ongoing strife in the cryptocurrency space has forced Compass Mining to lay off 15% of its employees while top executives and staff take major pay-cuts. The firm announced its decision to...Continue Reading

Traditional venture capital funds drive valuations through multiple funding rounds. Startups aim for initial public offerings or other exits. Then the sharemarket decides upon a more realistic valuation. But in cryptoland, tokens introduce market capitalization while a company is being built. This means there are a lot of competing interests and agendas. Token sales for...Continue Reading

With the regulatory push for a tighter identification standards rises, the crypto industry definitely has some innovations to offer. Crypto and Know Your Customer (KYC) guidelines seem to be an unhappy marriage — pseudonymity in the digital currencies’ DNA doesn’t match the old-school centralized protocols of traditional finance, but cohabitation is inevitable for the maturing...Continue Reading

At a Bitcoin-themed escape room in Lebanon’s capital Beirut, it’s all fun and games until you take the orange pill. Bitcoin (BTC) sets people free. At least, that was the story at Lebanon’s first Bitcoin-themed escape room in Beirut.  Lebanese Bitcoiners from the group Bitcoin du Liban took on the latest Bitcoin education challenge — Bitcoin...Continue Reading

Bitcoin’s price chart has a target of $28,000 based on a classic, bullish technical pattern. Bitcoin (BTC) may be down 70% from its November 2021 peak, but its rebound move in the past three weeks is raising the possibility of more upside in Q3. Bitcoin eyes 30% price rally At the core of the bullish...Continue Reading

The Web3 community has launched a number of initiatives to raise funds and awareness for women’s reproductive rights following the overturn of Roe v. Wade. Web3 community members are fighting back against the United States Supreme Court’s ruling to overturn Roe v. Wade.  On June 24, 2022, the landmark court case that previously assured the...Continue Reading

Fairfax County continues to invest public retirement funds in the cryptocurrency space, highlighting the ‘short-term nature’ of yield farming as an appealing portfolio diversifier. Virginia’s Fairfax County continues to be a prominent public institutional investor in the cryptocurrency space and is set to diversify its portfolio with a move into yield farming. As previously reported,...Continue Reading

Banking Circle was launched in 2016 with a mission to help payments businesses reach new global markets, avoiding the burdens of traditional banking. Banking Circle, a European bank focused on cross-border payments, is adopting a major U.S. dollar-pegged stablecoin for payment rails. The firm officially announced on Friday the adoption of the USD Coin (USDC)...Continue Reading

SHIB price remains at risk of falling further against DOGE due to weak technicals. Shiba Inu (SHIB) has grown stronger against its top “memecoin” rival Dogecoin (DOGE) in the last two months, in part due to the token’s periodic token burning events and a flurry of project announcements that promises to boost its utility. Why...Continue Reading