Happy Tuesday! In today's newsletter, Binance unveils its reward-bearing asset BFUSD, Movement introduces its MOVE token, Talus Network raises $6 million amid plans to launch a TikTok-linked 'AI dating experience' and more.
Let's get started.
Binance is set to launch BFUSD on Nov. 27, a reward-bearing margin asset that generates passive rewards by simply holding it or trading futures with it.
Movement developers have unveiled plans for its native MOVE token as an ERC-20 on Ethereum, with a total supply of 10 billion tokens.
Talus Network has raised $6 million in a strategic funding round led by Polychain Capital at a $150 million valuation.
Kraken will stop allowing listing, bidding or selling on its NFT marketplace after Nov. 27 and will fully shut down the platform on Feb. 27, 2025.
Web3 wallet Phantom has rolled out full support for the Coinbase-incubated Layer 2 network Base following a successful beta phase, allowing all users to buy, swap and interact with its ecosystem alongside Ethereum, Solana, Polygon and Bitcoin.
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