Binance Labs, the venture capital and incubation arm of Binance, has made a strategic investment in Zircuit, a Web3 project building a privacy-preserving Layer 1 blockchain.
Zircuit aims to solve the challenge of privacy in Web3 by leveraging zero-knowledge proofs, anonymous transactions, and shielded smart contracts. It provides developers with tools and infrastructure to build privacy-first decentralized applications (dApps).
Binance Labs sees Zircuit as a promising project that aligns with its mission to foster innovation and support the development of privacy-enhancing technologies in the blockchain space. The investment will help Zircuit expand its team, accelerate product development, and drive adoption.
Zircuit's privacy-preserving features address the growing concerns about data privacy and surveillance in the digital realm. It empowers users to control their sensitive information while still engaging with the benefits of decentralized finance (DeFi), decentralized autonomous organizations (DAOs), and other Web3 applications.
By supporting Zircuit, Binance Labs aims to contribute to the privacy and security of the Web3 ecosystem. It expects the project to play a significant role in shaping the future of privacy-centric blockchain solutions.
#Binance200M #BinanceLabsInvestment

1. Binance_Moonbix :20 October 2024
2. X_empire :24,October 2024
3. W_coin :27,October 2024
4. MemeFi :30 October 2024
5. Tomarket :31 October 2024
#MemeFiMadness
#BinanceLabsInvestment
#SpotCopyTrading
#MemeCoinTrending
#Binance_Moonbix

Launch Date: October 21, 2024

Get ready, Binance traders—the crypto world is on fire, and Blum Coin ($BLUM) is at the center of it all! This isn’t just another token launch; it's the debut of a hybrid platform that could transform cryptocurrency trading. By combining the best of centralized and decentralized exchanges, Blum Coin might be your next big win. But the real question is: Are YOU ready to capitalize on this breakout? Let’s dig into the details.

💥 Pre-Market Buzz: Is Blum Set for a Massive Surge?

The spotlight is on Blum Coin as pre-market indicators show strong potential. Prices have fluctuated between $0.004657 and $0.006499 USDT, with trading volume soaring to 10.77 million BLUM. In just 24 hours, 60.64K USDT has passed through the markets, signaling that the big players are already taking notice. This could be the perfect moment for savvy investors to jump in before a massive surge!

🚀 Why Blum Is Grabbing Trader Attention: A Game-Changing Platform

So, what makes Blum Coin different from the sea of other tokens? Its hybrid exchange platform merges the ease of centralized trading with the security and transparency of decentralized systems. Investors are flocking to Blum because it offers the best of both worlds: flexibility, innovation, and a real shot at massive profits. This is game-changing tech that could redefine trading as we know it.

💰 Short-Term Gains: A Trader’s Dream Come True?

The buzz around Blum Coin is reaching new heights. Analysts predict that the coin could surge into the $0.005 to $0.007 range within weeks—a potential 25% to 75% jump from its current levels! Whether you’re in for a quick flip or aiming for a strategic entry into a high-potential coin, Blum might just be your ticket. Are you ready for the ride?

🚀 Long-Term Vision: Could Blum Deliver a 10X Opportunity?

For those thinking long-term, Blum Coin holds powerhouse potential. Analysts suggest that $BLUM could rise to between $0.05 and $0.10 within the next 12 to 18 months, especially if it continues to secure strategic partnerships. That’s right—a 10X return could be on the horizon, transforming your portfolio from small gains to major wins!

📈 Why Blum Coin Stands Tall in a Crowded Crypto Market

In a market overflowing with projects, Blum Coin stands apart. Its unique hybrid platform provides the perfect blend of profit and security, making it a top choice for both seasoned traders and newcomers alike. With its innovative approach, Blum is set to deliver sustained growth and avoid the pitfalls of traditional exchanges. This is not just another token—it’s a vision for the future of trading.

⏳ Countdown to Launch: Will You Seize This Opportunity?

As Blum Coin prepares for its official launch on XT Exchange, early movers are already positioning themselves for massive gains. Will YOU be one of them? The opportunity is right in front of you, but only those who act quickly will seize the moment. Are you ready to profit?

Final Thoughts: The Hype is Real, and So Are the Opportunities

Don’t mistake Blum Coin for just another hyped-up project. It's attracting serious attention from traders and investors, and for good reason. Whether it hits its full potential or not, the opportunities are undeniable. This could be the breakout you’ve been waiting for—don’t let it slip by!

Stay Tuned for More Updates as Blum Coin gets ready to shake up the market!

Time is ticking. Are you ready to make your move? Blum Coin could be the game-changer you've been waiting for.

In March 2023, developer Domo introduced the BRC-20 standard using the Ordinals protocol and Inscriptions, allowing users to issue and trade tokens on the Bitcoin network, similar to Ethereum's ERC-20 standard. The issuance of new assets created significant wealth opportunities, attracting the attention of many developers and venture capitalists to the Bitcoin ecosystem.With the rise of the Ordinals protocol and the BRC-20 standard, user-friendly asset management tools and trading markets became essential for participants. Unisat is a browser-based wallet focused on the Bitcoin blockchain, specifically on the Ordinals and BRC-20 standards. Leveraging its first-mover advantage, Unisat has captured a significant market share.

What is Fractal Bitcoin?
Fractal Bitcoin improves transaction processing capacity and speed by recursively creating infinite expansion layers on the BTC main chain using the BTC core code, while maintaining full compatibility with the existing Bitcoin ecosystem. Fractal creates multiple expansion layers on top of the BTC main chain, forming a tree-like recursive structure. This structure allows each layer to further expand in a "forking pattern," increasing the network's parallel processing capacity. Fractal possesses the following 6 characteristics:g capacity and speed by recursively creating infinite expansion layers on the BTC main chain using the BTC core code, while maintaining full compatibility with the existing Bitcoin ecosystem. Fractal creates multiple expansion layers on top of the BTC main chain, forming a tree-like recursive structure. This structure allows each layer to further expand in a "forking pattern," increasing the network's parallel processing capacity. Fractal possesses the following 6 characteristics:
Fast Transaction Speed: The block confirmation time on the Fractal network is approximately 30 seconds, and its transaction processing capacity is 20 times that of the BTC main chain.Native Compatibility: Fractal Bitcoin is developed based on the BTC core code, ensuring full compatibility with existing Bitcoin wallets, tools, and mining equipment.Dynamic Adjustment: The recursive system based on the BTC main chain can automatically adjust the number of expansion layers according to network congestion.Security and Traceability: All transactions conducted on the Fractal network can ultimately be traced back to the Bitcoin main chain.Cadence Mining: Every three blocks constitute a cycle, with two mined in a permissionless manner (anyone with suitable hardware can participate), and one mined through merged mining (targeted at BTC miners), balancing decentralization and security.Reapplication of OP_CAT: The "purified" OP_CAT is applied to enhance BTC's scripting capabilities.

Commentary on Fractal
Bob Bodily, CEO of Bioniq, shared his views on Fractal, summarized as follows:
Fractal Bitcoin is a Bitcoin sidechain: This is because it has its own miners and nodes, its own token, its own proof of work, and is completely separate from BTC. Comparing it to other BTC sidechains, Fractal Bitcoin combines the advantages of multiple BTC sidechains.Limited Smart Contracts: Fractal Bitcoin does not add new opcodes to enhance smart contract functionality, nor does it add a virtual machine. Its method is to re-enable OP_CAT to add smart contract-like features.Lack of Innovation in Bitcoin Bridges: The official documentation mentions MPC-based bridging, which essentially relies on the same trust assumptions as multi-signature.
In response, Unisat Founder and CEO Lorenzo commented that Fractal is making rapid progress in implementing smart contracts and cross-chain bridges. In terms of smart contracts, Fractal introduced OP_CAT during the testnet reset and plans to activate it on the mainnet starting September 1. This is the first step in enhancing Bitcoin's scripting capabilities with the support of the Unisat and sCrypt teams. Developers can explore potential programming capabilities with OP_CAT enabled on GitHub. Regarding cross-chain bridges, 3-5 methods for transferring assets from the Bitcoin mainnet to Fractal are under development, including both traditional and innovative approaches.
Sats and Pizza Surge
There has been debate within the community regarding the technology of Fractal Bitcoin. However, the secondary market seems optimistic about Fractal Bitcoin.
As the Fractal Bitcoin testnet progresses and the announcement of the expected mainnet activation on September 1, related BRC-20 tokens ORDI and PIZZA have seen significant increases. Additionally, SATS has surpassed the previous BRC-20 leader ORDI in market capitalization.

Note:
SATS will be used as the transaction fee on Fractal Bitcoin.
PIZZA is a MEME token airdropped for Unisat users.

#btcecosystem #sidechain #BinanceLabsInvestment #BRC20DEX

Overall Situation
According to data from RootData, Q3 2024 showed a downward trend in Web3 primary market funding activities. The quarter saw 321 funding rounds, a decrease of 25.7% from the previous quarter, with a total funding amount of $2.406 billion, down 15.0% compared to the last quarter.

The infrastructure sector continued to lead, with total funding of $745 million, accounting for 30.9%. Notably, the “Others” category (excluding infrastructure, DeFi, NFT, gaming, CeFi, DAO, social, and tools) reached a total funding amount of $453 million, making up 18.8% of the total. This trend was driven by several factors, including the sustained popularity of the Meme sector this quarter, the rise of AI-Web3 integration projects, and the continuous expansion of DePin and the Bitcoin ecosystem. Investors and the market are seeking new narratives and innovation.
The largest single funding round this quarter came from Bitcoin mining company Iris Energy, raising $413 million. Notably, among the top 10 funding projects, M&A transactions accounted for a total of $681 million, making up 57.5% of the total.
Investment Institutions
Robot Ventures was the most active investor this quarter, with 22 investments. Among the 12 institutions that made more than 10 investments, infrastructure remained the most favored sector, with DeFi-related projects receiving 56 investments. Binance Labs and OKX Ventures each made 16 investments in Q3, with 5 and 6 investments in GameFi-related projects, respectively, showing higher activity in this sector compared to other investment institutions. Additionally, DAO, NFT, and tools & information projects continued to see limited interest.

Solana Ecosystem Projects See Continuous Growth in Funding
According to the “State of Solana: Breakpoint Edition” report, 29 projects built on the Solana blockchain secured $173 million in funding during Q3 2024, the highest level since Q2 2022. Each month in Q3 2024 saw consecutive growth, with September reaching $103 million, marking the strongest month of funding since June 2022.

#Funding #BinanceLabsInvestment #Solanaecosystem #fundraising