Jito DAO's second proposal, co-written by cryptocurrency risk management company Gauntlet and Jito Foundation, proposes using 7.5 million native JTO tokens (approximately $29 million) for liquidity mining. This budget represents 3.1% of the 240 million JTO held in the DAO's JTO treasury and 0.75% of the total JTO supply. The Foundation will return all unused tokens by the end of the year.
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BitDeer has released unaudited financial results and operational updates for the first quarter of 2024:Total revenue was $119.5 million, compared to $72.6 million in the first quarter of 2023Net profit was $600,000, compared to a net loss of $9.5 million in the first quarter of 2023.Adjusted profit was $8.4 million, compared to $2.8 million in the first quarter of 2023. Adjusted EBITDA was $26 million, compared to $18.5 million in the first quarter of 2023. Cash and cash equivalents were $118.5 million
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Binance Kazakhstan has obtained ISO 27001 and ISO 27701 certification. These certifications were issued by the British Standards Institution (BSI) after conducting a thorough audit of Binance Kazakhstan's security controls, policies, and processes, proving that their internal systems and processes meet internationally recognized quality and consistency standards.
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