Some of the latest developments in the crypto world include:
Binance Launchpool Launches Bio Protocol
Binance announced that Bio Protocol (BIO) has become the 63rd project on the Launchpool platform. Users can earn BIO tokens by staking BNB or FDUSD between December 24, 2024 and January 2, 2025. BIO Protocol aims to provide innovation in the field of DeSci (decentralized science) by leveraging blockchain technology for the financing and commercialization of scientific research.
MicroStrategy’s New Bitcoin Investment
MicroStrategy announced that it purchased 5,262 bitcoins for approximately $561 million between December 16 and 22, 2024. With this acquisition, the company's total bitcoin assets reached 444,262. However, due to the volatility of Bitcoin prices, MicroStrategy's stock price fell 8.8% to $332.26.
North Korean hackers steal cryptocurrency
According to reports, North Korean hacker groups stole approximately $1.3 billion worth of cryptocurrency in 2024. This situation once again highlights the importance of security measures in the cryptocurrency market.
Binance Labs invests in BIO Protocol
Binance's venture capital arm, Binance Labs, announced an investment in BIO Protocol. This investment is Binance Labs' first initiative in the DeSci field. BIO Protocol aims to provide innovative solutions for financing and commercializing scientific research using blockchain technology.
These developments in the cryptocurrency market reflect the rapidly changing dynamics of the industry and bring enormous opportunities and risks for investors.
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