You may have come across the term "Pump and Dump" in cryptocurrency discussions on platforms like X (formerly Twitter) or in various crypto-related contents. This phrase is often used in contexts involving price manipulation and trading schemes. If you hear this term, it generally indicates something negative about the associated crypto project.
What Does "Pump and Dump" Mean? To break it down, "Pump" refers to driving up a cryptocurrency’s price, while "Dump" involves crashing it down. In a
The Binance Launchpool has returned, as it usually does about once a month. This time, it is introducing Usual, a protocol focused on issuing decentralized stablecoins.
So, what is Usual? Usual is a decentralized protocol for issuing $USD0, an RWA-backed stablecoin. It redistributes ownership and value, empowering users through the $USUAL governance token. The protocol focuses on sustainable growth, decentralization, and innovation, achieving $355M TVL and 50k users within just three months, su
You may often hear the term "liquidity" in the cryptocurrency world, like when people mention, "This project lacks liquidity," or "That project doesn’t have enough liquidity." It’s a common discussion topic in crypto communities.
What exactly is Liquidity? Simply put, liquidity can be thought of as “working capital” or “market fluidity.” The more liquidity a project or cryptocurrency has, the easier it becomes for people to trade without affecting its price significantly. For example, Bitcoin
In today’s world, financial technology has advanced significantly, and KYC (Know Your Customer) has become a prominent term across mobile banking applications. This security protocol is essential to financial platforms that are legally regulated, meaning it is often required on centralized apps and platforms in compliance with government guidelines.
Why? KYC is mainly intended to prevent activities like money laundering, fraud, and other financial crimes by requiring platforms to verify the
It looks like Binance Launchpool has introduced a new project that is not Telegram-based, marking a shift from recent trends.
This new project, Scroll, is a layer 2 solution created to address Ethereum’s issues with network congestion and high transaction fees. Scroll is also one of the most EVM-compatible zkEVM networks in the market.
Currently, Scroll boasts nearly $800 million in DeFi TVL (Total Value Locked) and features a thriving ecosystem of decentralized applications (dApps). The stab
What is Binance Traders League? The Binance Traders League is an exciting competition for both novice and seasoned traders, offering challenges in Spot and Futures trading with a massive $10 million rolling prize pool. It provides a dynamic mix of solo and team-based competitions, making it accessible and engaging for all traders.
How can you participate in this?
Here are a few key dates for you to note. October 3, 2024: Pre-registration f
The highly anticipated HMSTR has finally arrived on the Binance exchange via Launchpool. From the moment it launched, it managed to capture significant interest from both the crypto community and beyond, partly due to the momentum from NOT, which performed well earlier, and also because Hamster Kombat can easily be played directly within the Telegram app. This ease of use has been one of Hamster Kombat's main advantages. Although other Telegram mini-apps followed Hamster Kombat, none have gaine
There is a Binance Launchpool available where you can participate before the Hamster project begins.
The Catizen project started on Telegram even before the Hamster project and has become quite an active project with many users in Telegram mini-apps. It was officially introduced as a project of Telegram and TON during events like Hong Kong Blockchain Week and Token 2049 in Dubai. Telegram founder Durov also mentioned Catizen in his channel messages, which increased expectations for the projec
Stake Early, Earn Big—Ride the TON Wave into the Future!
Why? Because TON, the star of 2024, has made its way to the Binance Launchpool! Typically, Binance does not list a token until most other CEXs have already done so.
Actually, there’s no need for an extensive introduction to TON. It's widely known as the native token for Telegram’s The Open Network (TON). It is used as gas fees for almost every app operating within Telegram. These apps include popular tap-bot games, validator fees, T
Binance has recently launched a new token airdrop program called HODLer Airdrops. This program is a separate initiative under Binance's new Airdrops Portal platform and is not associated with previous programs like Megadrop or Binance Launchpool. Unlike other airdrops, HODLer Airdrop is introduced as a surprise event. From June 23, 2024, to July 5, 2024, users holding BNB in Simple Earn products will receive the airdrop. This initiative targets dedicated BNB holders and aims to increase the numb
What is Binance’s Megadrop? Megadrop is a new token launch platform introduced by Binance, similar to Launchpad and Launchpool. However, the unique aspect of Megadrop is that users engage in BNB locked staking and can earn token rewards by completing quests within a Web3 wallet.
How Megadrop Works In Megadrop, users receive tokens proportional to the amount of BNB they stake. The longer the BNB is staked—ranging from 30 to 120 days—the more points are earned, which can then be exchanged for tok
Binance Launches IO.NET on Launchpool: A New Platform for Decentralized AI Computing!
On June 6, 2024, Binance announced the launch of IO.NET on its Launchpool, creating significant buzz within the crypto community. Binance will be the first platform to list the IO token, with trading set to begin on June 11, 2024, at 12:00 UTC. Available trading pairs will include IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY. Please be
Tornado Cash developer Alexey Pertsev was sentenced to over five years in prison by a Dutch court for laundering $1.2 billion in crypto. This ruling disappointed some in the crypto industry, but U.S. laws might lead to a different outcome for other developers, such as Tornado Cash co-founder Roman Storm, whose trial begins in September. Storm's defense argues that writing code is protected as free speech under the First Amendment. Despite Pertsev's verdict, experts believe U.S. legal standards, including higher intent requirements and strong constitutional protections, could favor Storm. Crypto groups vow to defend developers' rights globally. This could have led crypto market to turn RED these days. #TornadoCash #BTC
Since 2021, El Salvador has mined 474 bitcoins using geothermal energy from the Tecapa volcano, adding nearly $29 million to its bitcoin portfolio, now worth about $354 million. The government's 5,750 bitcoins are managed by the "Bitcoin Office," which uses 1.5 MW of the 102 MW produced by a state-owned power plant for mining. President Nayib Bukele's administration, supportive of cryptocurrency, installed 300 processors for mining. El Salvador became the first country to adopt bitcoin as legal tender in 2021, drawing criticism from entities like the IMF. #Bitcoin #ElSalvadorCrypto
Have you ever heard of Notcoin? It’s been pretty HOT among crypto communities these days and people are so HYPED about its token launch.
So, what’s Notcoin? Notcoin is a Telegram-based game that has gained the attention of millions of players. The game was created by Open Builders and is based within the Telegram messaging app. It’s actually a social clicker game where players tap a golden coin displayed on their screen to earn an in-game currency called NOT.