Binance hits 200 Million users as cryptocurrency use surges
#Binance reached over 200 million users, a significant increase from previous years. This growth reflects the expanding global cryptocurrency consumer base, with Binance users representing about 36% of the total. Despite legal challenges, including the incarceration of founder Changpeng "CZ" Zhao, the company continues to operate. CZ is serving his sentence in a minimum-security facility in California.
Arbitrum DAO approves $215 million gaming fund proposal
The #ArbitrumFoundation proposal for a $215 million gaming fund on its #Layer2 network has gained approval. The initiative aims to support gaming projects over three years through the Gaming Catalyst Program (GCP). Key supporters include L2Beat and Wintermute, with Treasure #DAO expressing interest. The fund targets both early-stage and established developers, with a portion allocated to infrastructure and operational costs.
FriendTech announces migration to Friendchain blockchain
#FriendTech , the #Web3 social network, is severing ties with Base, the #Ethereum #Layer2 network supported by #Coinbase Instead, it's opting for a migration to its own #blockchain , Friendchain, developed in partnership with #Conduit.
RunesTerminal partners with Ordeez for Ape community benefits
#RunesTerminal partners with #Ordeez to offer Ape holders exclusive perks, including raffles, whitelist spots, and potential airdrops. The partnership aims to enhance #NFT interaction and cross-compatibility between #EVM and #Bitcoin networks.
Ordeez known for its groundbreaking concept of "ordinal derivatives," is set to provide Ape holders with exclusive benefits. These include raffles for coveted Apes and whitelist spots for their collection.
RunesTerminal, a dedicated hub for Runes-era Bitcoin activities, offers investors access to promising projects through its unique launchpad, RunesPad. This platform features both vetted and trustless segments, ensuring a diverse range of opportunities for investors.
Y8U has announced a strategic partnership with Arcana Network
#Y8U has announced a strategic partnership with #ArcanaNetwork , signaling a collaboration aimed at advancing #AI and #Web3 . The alliance underscores Arcana Network's goal to provide infrastructure for decentralized applications and services.
#SelfChain has initiated its mainnet launch with Stage 1, onboarding foundation and genesis validators to establish a secure network. The testnet showed strong results, with 100% active validators, over 3 million block height, and high user engagement.
An airdrop for early testnet contributors is planned, with details to follow. Self Chain's intent-centric approach and keyless wallet infrastructure aim to simplify and secure blockchain interactions.