Binance, founded in 2017 by Changpeng Zhao, is one of the world's largest cryptocurrency exchanges. It has significantly impacted the global financial landscape through various innovations. Key innovations include its comprehensive ecosystem, Binance Smart Chain (BSC), Binance Launchpad, advanced security measures, and educational initiatives.
### Innovations
1. **Ecosystem**: Includes a decentralized exchange, savings and staking platforms, and Trust Wallet. 2. **Binance Smart Chain (BSC)**: Supports smart contracts and dApps with lower fees and faster transactions. 3. **Launchpad**: Helps new blockchain projects raise funds. 4. **Security**: Advanced measures and a Secure Asset Fund for Users (SAFU). 5. **Education**: Free resources through Binance Academy.
### Global Impact
1. **Financial Inclusion**: Provides financial services to the unbanked. 2. **Economic Empowerment**: Enables individuals and businesses to participate in the global economy. 3. **Job Creation**: Generates employment within the crypto industry. 4. **Cross-Border Transactions**: Facilitates low-cost international transfers. 5. **Innovation**: Drives technological advancements and supports new blockchain projects.
Hong Kong is set to make history today with the launch of its first spot Bitcoin & Ethereum ETFs, available in USD, HKD, and CNY. 🚀 It's worth noting that the number of users in the Asian market is greater than the combined number of users in the US and European markets. $BTC $ETH
🔹Sys coin is a Bitcoin L2 solution that enhances Bitcoin's scalability and security by providing a scalable data availability layer, essential for integrating rollups and other scaling solutions 🔸It utilizes merge-mining with Bitcoin to secure its network
🔹Parachains, specialized, individual blockchains that operate parallel to the main Polkadot blockchain. They allow for tailored optimization for specific use cases
🔸Parachains facilitate cross-chain communication and data transfer
USDT issuer Tether continued to purchase 8888.88 BTC ($627M) through Bitfinex in the first quarter of this year, and then withdrew it to the wallet address 9 hours ago.
Tether currently holds a total of 75,354 BTC ($5.3B), making it the 7th largest BTC wallet address. Their comprehensive purchase cost of BTC is approximately $30,530, and their current floating profit has reached $3 billion.
Since Tether announced in May 2023 that it would regularly use 15% of the company's profits to purchase Bitcoin to enhance reserves, it has purchased a total of 21,861.6 BTC.
Binance’s Golden Egg Giveaway Launches With the Main Prize of 1 Bitcoin (BTC) and $200,000 to Be Won
Starting today, thousands of golden eggs are being virtually “released” in around the world by Binance drones. The eggs contain a range of crypto prizes, with a minimum prize worth $10 in crypto and a top prize of 1 bitcoin (BTC) – one very lucky winner will discover something extraordinary when they open their golden egg!The campaign has been designed exclusively for new Binance users who haven't yet created an account. Find out more on how to take part below. Activity Period: 2024-03-28 1:00 pm (UTC) to 2024-04-30 1:00 pm (UTC)How to Take Part and Crack Your EggThe campaign operates on a first-come, first-served basis, as the number of available prizes is limited. Here’s all the information you need to ensure you get your hands on a golden egg:Begin your journey by clicking the designated registration link matched to your region and create your Binance account.Complete identity verification (KYC) to ensure security and compliance.Begin trading with a minimum amount of $50 to unlock your egg reward.Crack your golden egg to discover a minimum $10 worth of crypto, all the way up to one whole BTC.If you have been waiting for a sign – this is a golden excuse to take your first steps with Binance!The Great Binance Eggdrop is more than a race for rewards; it’s about community engagement and taking your first steps exploring the world of crypto with Binance. Whether you're an experienced trader or a beginner starting your crypto journey, take the time to get set up and open your golden egg – you never know, there could be a whole bitcoin waiting for you!Set up your account and find out what you’ve won.If you already have an account, why not pass on the excitement of this campaign to a friend by directing them to the Great Binance Eggdrop?Risk Warning: Digital assets are subject to high market risk and price volatility. The value of your investment can go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.