Novinky

In a recent tweet, Binance Co-Founder Yi He clarified misconceptions about Binance Futures’ listing process, emphasizing transparency and addressing common questions."I’m not the final decision maker in listing process," Yi stated, responding to questions about her role in the process. She explained that "there is no application entry for futures listing, and the listing fee for Binance Futures is 0." Yi also noted that a listing on Binance Futures does not guarantee a corresponding spot listing on the main exchange.Yi encouraged users to report any suspicious listing information directly to Binance's Internal Audit team via Audit@binance.com, reaffirming Binance’s commitment to integrity and security across its trading platforms.

Binance Labs has announced its investment in BIO Protocol, a pioneering project that seeks to revolutionize the financing and commercialization of early-stage scientific research through blockchain technology. This marks Binance Labs' first foray into the Decentralized Science (DeSci) sector, highlighting the lab’s commitment to supporting groundbreaking advancements in technology that promise real-world impact.BIO Protocol operates as an innovative platform that enables scientists, patients, and investors worldwide to fund, develop, and co-own medical advancements through a network of Biotech Decentralized Autonomous Organizations (BioDAOs). The platform addresses key funding gaps in scientific research, with a particular focus on rare diseases, longevity research, and other emerging health challenges. With seven existing BioDAOs exploring diverse areas—from cryopreservation to mental health treatments—the platform’s next projects will tackle Long COVID, rare diseases, and quantum biology, expanding the community-driven reach of scientific research."BIO Protocol represents a significant step forward in DeSci by merging biotechnology and DeFi," said Andy Chang, Investment Director at Binance Labs. "Our commitment is to drive real, long-term impact by investing in projects that build meaningful technology. Supporting BIO Protocol aligns with our mission to foster innovation that can truly shape the future and unlock scientific breakthroughs across the globe."

According to CoinMarketCap data, The global crypto market cap is $2.49T, a 0.79% decrease over the last day.Bitcoin (BTC) traded between $74,512 and $76,850 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $76,000, up by 1.21%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include PROS, JTO, and ADA, which are up 43%, 22%, and 15%, respectively.Top stories of the day:Binance Publishes 24th Proof of Reserves: BTC Holdings Up by 2.09%, ETH Up by 6.20% BNB Chain's Q3 Highlights: Gas-Free Carnival and Growth in DeFi And NFTsFed Cuts Rates by 25 Basis Points; Bitcoin Hits New Record High as Powell Dismisses Trump’s Win Impact on PolicyFed Chair Powell States He Will Not Resign If AskedFederal Reserve Rate Cut Boosts Bitcoin Amid Trump Election WinDollar Index Rises Following Federal Reserve Rate DecisionEthereum News: Ethereum ETF Inflows Hit Six-Week High as ETH Price Rises 10% Upcoming U.S. Government Spending May Impact Federal Fund Rates, Analysts Say Detroit to Accept Cryptocurrency for Tax Payments by 2025 Cryptocurrency Market Shows Signs of GreedMarket movers:ETH: $2912.86 (+3.10%)SOL: $201.91 (+7.34%)BNB: $596.45 (+0.31%)XRP: $0.5494 (-0.85%)DOGE: $0.19856 (+3.54%)ADA: $0.4266 (+14.77%)TRX: $0.161 (+0.06%)TON: $4.868 (+0.19%)AVAX: $27.74 (+3.08%)SHIB: $0.00001912 (+2.08%)Top gainers on Binance:PROS/USDT (+43%)JTO/USDT (+22%)ADA/USDT (+15%)

Binance Blog published a new article, highlighting the dangers of phishing scams on messaging platforms like WhatsApp. The article aims to inform users about the tactics impersonators use to deceive individuals into sharing personal information and how to safeguard against these threats.The article emphasizes that Binance will never contact users on WhatsApp to offer investment advice, discuss cryptocurrency purchases, or request funds. Users are urged to be cautious of suspicious groups on WhatsApp and to always rely on Binance's official communication channels for any inquiries or concerns. The safety and security of user accounts are of utmost importance to Binance, and the company has become aware of incidents where individuals impersonate Binance leadership and staff on WhatsApp groups to trick users into divulging sensitive information.If you find yourself added to a suspicious WhatsApp group, the article advises not to engage with anyone in the group, including administrators. Instead, take a screenshot that includes the group's name and the phone numbers of the administrators, ensuring not to share personal data of non-admin members. This screenshot should then be reported to Binance Security through a dedicated form, where it will be escalated for prompt action.Phishing scams are a significant threat, with fraudsters attempting to trick victims into sending funds or providing confidential information through emails, messages, or websites that mimic legitimate platforms. Scammers impersonating Binance representatives may create fake profiles, claim urgent issues with your Binance account, request sensitive information like login credentials or two-factor authentication codes, and even ask for fund transfers. They often build trust by using seemingly credible information sourced from public domains.Binance contacts users only through specific channels: Binance Customer Support, the official X account, Telegram, and email. Users are encouraged to verify any communication using the Binance Verify tool, which checks the legitimacy of websites, email addresses, Telegram IDs, and other communication channels.To protect yourself from WhatsApp scams, never share sensitive information with unofficial or non-verified sources. Update your WhatsApp privacy settings to control who can add you to groups, and always verify the legitimacy of anyone claiming to represent Binance. If in doubt, contact Binance Support, available 24/7, for assistance.Staying vigilant and informed is crucial in defending against scams. By understanding how phishing scams operate, users can better recognize warning signs and protect themselves. Remember, Binance will never contact you via WhatsApp with investment advice or requests for funds. Always verify before engaging and stay safe.

Binance has released its 24th Proof of Reserves, based on a snapshot taken on November 1st, covering a total of 34 different tokens with assets valued at over $120 billion.The latest report shows that user-held Bitcoin (BTC) reserves have reached 608,000 BTC, marking a 2.09% increase compared to the previous report from October 1st, representing an additional 12,473 BTC. Ethereum (ETH) reserves have also risen significantly, with user-held ETH now standing at 4.699 million, up 6.20%, an increase of 274,000 ETH.On the other hand, the amount of Tether (USDT) held by users has declined. The reserves of USDT dropped by 2.61% to 20.85 billion, a reduction of approximately 559 million USDT. Similarly, user-held Binance Coin (BNB) reserves decreased to 37.939 million BNB, an 8.78% decline, reflecting a decrease of 3.649 million BNB compared to the previous month.Binance's monthly Proof of Reserves continues to provide transparency and reassurance to its users, tracking the fluctuation of holdings across major assets.

According to Binance Blog, In a bid to reinforce user trust, Binance's Proof of Reserves (PoR) system celebrates two years of upholding transparency and accountability for user funds. Since its launch, PoR has been instrumental in ensuring that all user assets are backed at least 1:1, covering 34 digital assets with reserves totaling over $120 billion.Advancements in Transparency and SecurityIntroduced in response to an industry trust crisis, Binance’s PoR has become a standard for centralized exchanges globally. Initially implemented using Merkle tree cryptography to consolidate user asset data, the system later incorporated zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge) in early 2023 to ensure data privacy without compromising asset verification. This allows Binance to demonstrate full asset backing without revealing individual balances.Furthermore, the system now includes user liabilities by capturing collateral and debt data, providing a comprehensive view of Binance’s obligations. As a result, Binance’s PoR methodology now stands as a benchmark, particularly for exchanges that engage in lending but lack comprehensive liability representation.Commitment to User Trust and SecurityBinance’s approach to transparency is grounded in three principles: community engagement, education, and prioritization of user fund security. With almost 240 million global users, Binance has prioritized transparency, open-sourcing PoR code to encourage industry-wide adoption and improvements. Collaborations with researchers, including the Ethereum Foundation, help address potential vulnerabilities, making Binance's PoR system robust and reliable.Educating and Supporting the Crypto CommunityUnderstanding PoR principles is essential for the broader cryptocurrency ecosystem. Binance provides educational resources via its PoR site and Binance Academy, offering insights into key topics like zk-SNARKs and crypto security.Since 2022, even during peak market volatility, Binance has consistently demonstrated operational resilience and user trust. Binance’s PoR, now a foundational tool in crypto fund transparency, reinforces the platform’s long-standing commitment to responsible user asset management and continued innovation in the digital finance landscape.

The global crypto market cap is $2.46T, a 0.20% increase over the last day, according to CoinMarketCap data.Bitcoin (BTC) traded between $73,315 and $76,400 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $75,088, up by 1.79%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include COW, CETUS, and RAY, up by 132%, 99%, and 32%, respectively.Top stories of the day:BNB Chain Launches Tokenization Solution to Support Small Businesses in Accessing Web3Asia Emerges As Leading Hub for Crypto DevelopersMichigan Pension Fund Invests Heavily in Ethereum ETFsBitcoin's Potential Growth Amid Market TransitionFed's Policy Likely Stable in Near Term, Uncertainty Looms for 2025Cryptocurrency Market Enters Extreme Greed Phase Microsoft Rejects Bitcoin Investment Proposal U.S. Digital Asset Inflows Reach Record Levels in 2023 Fed's Interest Rate Strategy Adjusted Amid Inflation Concerns S&P 500 Index Surpasses 5900 Points for the First TimeMarket movers:ETH: $2825.2 (+7.74%)SOL: $188.11 (+2.16%)BNB: $594.6 (+2.30%)XRP: $0.5541 (+3.76%)DOGE: $0.19175 (-3.28%)TRX: $0.1609 (-0.98%)ADA: $0.3717 (+3.80%)TON: $4.858 (+2.42%)SHIB: $0.00001872 (-0.53%)WBTC: $75021.43 (+1.83%)Top gainers on Binance:COW/USDT (+132%)CETUS/USDT (+99%)RAY/USDT (+32%)

Binance has announced the launch of its new BNSOL Super Stake program, bringing added benefits to BNSOL holders by offering periodic APR Boost Airdrop Rewards. For those holding Binance Staked SOL (BNSOL) in their Binance account or Web3 Wallet, this program offers extra earnings beyond the standard staking APR, boosting users' returns with regular airdropped tokens.In a limited-time offer running through the end of 2024, both new and existing BNSOL holders will also enjoy an elevated base APR, higher than the original base rate at launch. Binance will keep users updated on each BNSOL Super Stake round with specific details about the reward schedule, typically one to two weeks ahead of each event. During each staking period, rewards will accumulate daily and can be claimed via the Binance SOL Staking page. How to Get BNSOLHere are a few ways for users to acquire BNSOL:Stake SOL: Head over to [Earn] > [SOL Staking] on Binance and select [Stake SOL].Binance Web3 Wallet: Stake SOL directly into BNSOL through the Binance Web3 Wallet.Spot Market & Buy Crypto: Buy BNSOL via the Spot Market, Convert feature, Auto-Invest, or the Buy Crypto page.About BNSOLBNSOL provides flexibility that traditional staking can’t, allowing holders to trade, transfer, or use their staked SOL without sacrificing rewards. BNSOL represents both staked SOL and its accumulated rewards in a tokenized form, enabling users to deploy their assets across the Binance ecosystem or in external DeFi applications. Users can also transfer BNSOL to personal wallets, such as Binance’s Web3 Wallet, maintaining flexibility while still accumulating rewards based on the BNSOL conversion rate.

Binance has been recognized as one of Asia’s leading fintech companies, securing the top spot in the “Blockchain and Cryptocurrency” category on Fortune's inaugural "Asia Fintech Innovators of 2024" list. The list, which highlights 60 of the most dynamic financial services companies across Asia, underscores Binance’s significant influence and continued innovation in the cryptocurrency space.Fortune’s 2024 Asia Fintech Innovator List celebrates companies transforming financial services in the world’s fastest-growing regions. Binance’s leadership in blockchain technology and commitment to regulatory compliance has helped the company stand out among competitors in Asia’s rapidly evolving fintech landscape. This recognition reflects Binance's dedication to advancing the adoption of cryptocurrency and blockchain technology on a global scale.

In response to the devastating floods that recently impacted Valencia, Binance Charity has pledged $3 million to the Spanish Red Cross (Cruz Roja Española). This generous donation aims to fund immediate relief efforts, providing essential aid and support to the flood-affected communities in Valencia.Facilitating Rapid Relief and Recovery EffortsThe contribution from Binance Charity enables the Spanish Red Cross to deliver critical resources, including food, shelter, and medical assistance, to those most affected by the disaster. Together, Binance and the Red Cross are committed to bringing timely support to help Valencia’s residents recover and rebuild their lives.Binance Expresses Solidarity with ValenciaJavier García de la Torre, General Manager for Binance in Spain, highlighted the company’s commitment to community aid during crises. He stated, “Our hearts go out to all those affected by the devastating floods in Valencia. At Binance, we are dedicated to providing critical support through our resources. Our donation to the Spanish Red Cross aims to bring much-needed relief to those in need, standing united with the Valencia community as they rebuild.”Spanish Red Cross Extends Gratitude to BinanceFernando Pérez-Ordoyo, Head of International Partnerships at the Spanish Red Cross, expressed his gratitude toward Binance’s impactful support. “We extend our deepest thanks to Binance for their invaluable support in flood relief efforts. Their generosity allows us to provide urgent assistance and supplies, reaching those in the most affected areas and bringing hope to communities facing hardship.”This partnership underscores Binance’s commitment to social responsibility, showcasing how global organizations can make a meaningful difference in times of crisis. 

According to CoinMarketCap data, the global crypto market cap is $2.3T, a 2.07% increase over the last day.Bitcoin (BTC) traded between $66,835 and $69,265 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $68,827, up by 0.12%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include TROY, PROS, and MASK, up by 45%, 26%, and 16%, respectively.Top stories of the day:Binance Donates $3 Million to Spanish Red Cross for Valencia Flood ReliefU.S. Presidential Election Exit Polls Provide Early Insights Goldman Sachs Economist Predicts Federal Reserve Rate Cuts By 2025 S&P 500 May Rise Amid U.S. Election and Year-End Sentiment, Says Morgan Stanley StrategistReserve Bank of Australia Maintains Interest Rate at 4.35% for Eighth Consecutive Meeting Cryptocurrency Market Maintains Greed Status Bitcoin Mining Companies Report Record Production in October Microsoft Faces Shareholder Pressure Over Bitcoin Investment Proposal UK Pension Fund Makes Direct Investment in Bitcoin BlackRock Invests $2 Billion in Bitcoin, Outpacing Other ETFs Market movers:ETH: $2438.17 (-0.85%)BNB: $560.27 (+0.30%)SOL: $162.24 (+0.50%)XRP: $0.5114 (+0.61%)DOGE: $0.16762 (+10.59%)TRX: $0.1623 (-1.81%)ADA: $0.3319 (+0.24%)TON: $4.557 (-5.83%)SHIB: $0.00001765 (+5.37%)WBTC: $68734.89 (+0.11%)Top gainers on Binance:TROY/USDT (+45%)PROS/USDT (+26%)MASK/USDT (+16%)

Binance Blog published a new article, exploring the impact of regulation on the cryptocurrency industry. The article delves into the dual nature of regulation, highlighting its potential to foster growth and trust while also posing challenges to innovation. As the crypto world continues to evolve, the role of regulation becomes increasingly significant, prompting discussions on whether it acts as a protective measure or a hindrance.For many within the crypto community, regulation is often viewed with scepticism, akin to a haunted house filled with uncertainty. Initially, cryptocurrency attracted individuals disillusioned with traditional finance, seeking a decentralized and transparent alternative. As crypto gains mainstream acceptance, regulation emerges as a natural progression, offering protection and legitimacy. Rather than being a curse, regulation can enhance trust and stability, creating a safer environment for users and encouraging innovation. By balancing decentralization with consumer protection, regulation bridges the gap between these ideals, paving the way for a sustainable crypto ecosystem.Globally, different regions are crafting their regulatory approaches. The European Union's Markets in Crypto-Assets (MiCA) regulation aims to establish a unified framework, protecting investors while promoting innovation. In Asia, countries like Japan and South Korea have proactively embraced crypto, implementing regulations that enhance transparency and security. El Salvador's bold move to adopt Bitcoin as legal tender exemplifies how well-crafted policies can drive financial growth and inclusion. These examples demonstrate that regulation, when thoughtfully implemented, can unlock new opportunities and foster innovation.However, the crypto community remains wary of overregulation, fearing it could stifle innovation. Strict rules may hinder startups and slow the development of groundbreaking technologies. The decentralized nature of blockchain and the emphasis on privacy are core values that could be threatened by excessive regulation. To address these concerns, collaboration between regulators and crypto experts is essential. By working together, they can create a regulatory environment that balances consumer protection with the need for innovation, ensuring the industry's continued growth.Companies like Binance are navigating this regulatory landscape by investing in compliance while maintaining their innovative spirit. Binance has expanded its compliance team and budget, demonstrating that regulation and innovation can coexist. By securing licenses and aligning with regional legal frameworks, Binance builds trust and remains agile in its operations. This approach highlights that regulation can be an integral part of crypto's journey, supporting both security and innovation.As the crypto industry faces the challenges of regulation, it is crucial to view it as an opportunity rather than a threat. Crafting effective regulatory frameworks requires precision and collaboration, ensuring both safety and room for innovation. Binance's efforts exemplify how compliance and innovation can thrive together, shaping a future where regulation supports the dynamic growth of cryptocurrency. Embracing regulation as a tool for progress can unlock endless possibilities for the industry's future.

The global crypto market cap is $2.3T, a 0.53% increase over the last day, according to CoinMarketCap data.Bitcoin (BTC) has traded between $67,479 and $69,500 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $68,743, up by 0.50%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include TROY, SNT, and CTK, up by 15%, 12%, and 9%, respectively.Top stories of the day:This Week’s Macro Outlook: Fed Decision and U.S. Election as Potential Crypto Market CatalystsWeekly Token Unlocks: BANANA to Release $11.7M Worth of Tokens October Employment Report Challenges Concerns Over Fed's September Rate Cut Bitcoin Price Surges 10.99% Ahead of 2024 U.S. Presidential Election Binance Co-founder Yi He Emphasizes Transparency in Listing and Airdrop RulesDigital Asset Investment Products See Record Inflows Morgan Stanley Advises Caution During U.S. Election Period Crypto Market Funding Increases by 30% in October 2024 Hong Kong Aims to Submit Stablecoin Issuer Regulations by Year-End Fear and Greed Index Drops to 70, Remains in Greed ZoneMarket movers:ETH: $2458.83 (+0.14%)BNB: $558.62 (-0.44%)SOL: $161.45 (-1.34%)XRP: $0.5083 (+0.91%)DOGE: $0.15159 (-0.04%)TRX: $0.1653 (+0.73%)TON: $4.841 (+0.21%)ADA: $0.3311 (-2.47%)WBTC: $68687.75 (+0.56%)SHIB: $0.00001675 (-1.70%)Top gainers on Binance:TROY/USDT (+15%)SNT/USDT (+12%)CTK/USDT (+9%)

In a recent post on X (formerly Twitter), Yi He, Co-founder of Binance, outlined Binance's unwavering commitment to transparency in project listings and airdrop rules. “If the project does not pass the screening process, no matter how much money or how many coins, it will not be listed,” Yi He wrote. She urged users to do their own research (DYOR), highlighting Binance’s practice of clearly presenting token distribution data for listed projects.Yi He explained that while Binance Launchpool and airdrop rules are transparent, this clarity does not imply automatic approval for projects offering airdrops. “Airdrops on Launchpool and other listings have transparent and clear rules,” she said, but clarified that willingness to conduct airdrops is not sufficient for listing.Yi He also reflected on the industry's challenges, acknowledging that “FUD will never go away, but it makes us stronger.” She pointed out that the business environment is rife with gossip and competition but emphasized the importance of understanding the industry's underlying mechanisms to foster independent thinking. She commended figures like Andre Cronje, saying, “People…who dare to speak the truth through the noise are the ones who truly deserve respect in the community.”Yi He's remarks serve as a reminder of Binance’s dedication to transparency and resilience in navigating the crypto market's complex and competitive landscape.

According to CoinMarketCap data, The global crypto market cap is $2.33T, a 0.76% decrease over the last day.Bitcoin (BTC) has traded between $68,820 and $71,633 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $69,648, up by 0.32%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include RARE, OGN, and UNFI, up by 33%, 27%, and 15%, respectively.Top stories of the day:Binance Partners with Amazon Web Services to Streamline KYC with AI Integration U.S. Equities Rebound as Investors Digest Tech Stock Selloff and Economic Data  Tether To Launch AED-Pegged Stablecoin On TON BlockchainCanary Capital Group Files for Spot Solana ETF Amid Evolving Regulatory Landscape Grayscale Opens XRP Trust Fund to Qualified Investors U.S. Stock Market Sees Gains with Blockchain Stocks Leading U.S. Employment Growth Slows in October Amid Strikes and Hurricane Impact U.S. October Adjusted Non-Farm Employment Sees Smallest Increase Since December 2020Interest Rate Futures Indicate Increased Likelihood of Fed Rate Cuts in November, December, and 2025 U.S. October Unemployment Rate Remains Steady at 4.1% Market movers:ETH: $2503.87 (+0.03%)BNB: $576.1 (-0.28%)SOL: $166.86 (+0.37%)XRP: $0.5127 (-1.48%)DOGE: $0.16039 (+1.19%)TRX: $0.1675 (+0.24%)TON: $4.939 (+1.50%)ADA: $0.3577 (+3.29%)SHIB: $0.00001768 (+1.96%)WBTC: $69533.54 (+0.26%)Top gainers on Binance:RARE/USDT (+33%)OGN/USDT (+27%)UNFI/USDT (+15%)

On Oct. 31, Binance announced a partnership with Amazon Web Services (AWS) to incorporate Amazon’s generative artificial intelligence (AI) technology to improve its Know Your Customer (KYC) verification process and customer service functions. The new AI-powered KYC system automates user information filling, conducts proof-of-address checks, and performs World-Check reviews to streamline Binance’s compliance and user experience.With the AI integration, Binance reported a 95% increase in user data recognition accuracy, an 80% reduction in optical character recognition (OCR) costs, a 6% rise in proof-of-address approvals across 107 jurisdictions, and a 30% decrease in the time required to screen the World-Check database. This efficiency boost addresses long-standing KYC verification challenges, making the process more cost-effective and user-friendly.Rohit Wad, Binance’s CTO, hinted at expanded AWS collaborations in areas such as customer service, compliance, and risk management: “We plan to extend our use of AWS’ generative AI technologies and cloud services across various domains."Changpeng Zhao: Regulatory Outlook for Crypto Turning PositiveBinance’s compliance push aligns with what founder Changpeng Zhao perceives as a shift in the regulatory climate, especially in the United States. Zhao highlighted supportive comments from former President Donald Trump during the 2024 Bitcoin conference in Nashville as a promising sign. He also noted bipartisan interest in crypto from U.S. lawmakers, suggesting increased regulatory acceptance.This shift is evident in the recent developments in Nigeria, where Binance executive Tigran Gambaryan was released from custody after seven months. Gambaryan, detained in February 2024 on charges related to money laundering and tax evasion, had all remaining charges dropped by October.With this AWS partnership, Binance underscores its commitment to enhanced compliance and regulatory cooperation, as global attitudes toward cryptocurrency evolve.

At the Binance Blockchain Week Dubai 2024, a panel discussion titled "The Pulse of Decentralization: How Platforms Drive Crypto Interaction" featured Binance Marketing Director Kushal Manupati in conversation with Serge Kuzmin, Google’s Head of Financial Services, and Nikhil Rolla, Head of Vertical, Apps & Fintech at TikTok.During the discussion, Kuzmin revealed that Binance ranks among the top 30 most popular financial services brands globally, highlighting its strong presence as one of only four fintech companies on the list. He emphasized the continued public preference for established brands and underscored the need for educational initiatives to build trust within the crypto space. Kuzmin pointed to YouTube as an ideal platform for this purpose, with its wide reach as both a social and educational channel to boost brand engagement and deliver educational content.Rolla, representing TikTok, shared insights on the potential of live streaming in enhancing engagement for Web3 brands. He noted that live streaming offers opportunities for real-time product announcements, AMAs (Ask Me Anything sessions), expert interviews, and community interactions. According to Rolla, platforms like TikTok can serve as powerful avenues for Web3 companies to deepen their audience’s understanding and foster closer community relationships.This panel underscored the pivotal roles that platforms like YouTube and TikTok play in expanding the visibility and trustworthiness of Web3 and fintech brands on a global scale.

According to BlockBeats, on October 31, the US stock market opened significantly lower due to the core Personal Consumption Expenditures (PCE) index coming in higher than expected. The Dow Jones Industrial Average opened down by 0.44%, the S&P 500 index fell by 0.75% at the opening, and the Nasdaq Composite index started the day with a 1% decline.

As Binance Blockchain Week Dubai 2024 drew to a close, Rachel Conlan, Binance’s Chief Marketing Officer, delivered a heartfelt message that echoed the event’s spirit of innovation and unity. Reflecting on a pivotal meeting with Binance co-founder Yi He over coffee in Dubai two years ago, Conlan shared, “Yi told me the Binance story from the beginning and her vision for 100 years of growth. I can say clearly, that we are on our way towards this vision.”Conlan extended her gratitude to all speakers, participants, and the global crypto community, who helped shape the event’s theme of momentum. She reiterated Binance’s commitment to fostering “freedom of money,” underscoring the company’s long-term dedication to its transformative vision. “Binance Blockchain Week Dubai 2024 took six months of planning,” she noted, thanking everyone involved in making the event a reality.Her closing words encapsulated the drive and collaborative spirit propelling Binance forward, ensuring that the momentum generated at this year’s event fuels the path to a robust and expansive future.

As Binance Blockchain Week Dubai 2024 continues to captivate attendees, Changpeng Zhao (CZ) shared insights on his outlook for the crypto industry’s future. When asked if he remains bullish on crypto, CZ took a measured approach, noting that while short-term predictions are uncertain, the long-term trajectory remains promising.“I can’t predict the future, but I can analyze history,” CZ reflected, offering a retrospective view. He highlighted that years like 2012, 2016, and 2020 marked critical recovery periods, each followed by substantial growth phases. “2022 was a bull year, and now we’re back at an all-time high,” he noted, reinforcing his belief in the industry’s enduring potential. “Long term, we are bullish; short term, I am not sure,” he concluded, emphasizing both optimism for crypto’s future and caution about immediate market fluctuations.