Several factors explain why Binance.US launched a separate platform. Changes in regulations and Binance’s own rules reaction to external changes stand out as a large driver.
China’s crackdown has delivered a windfall to international groups that mint digital tokens
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It was a wild ride for SafeMoon, with its prices exploding in the first few weeks before crashing down.
A blockchain is a shared digital register of recorded data. For cryptocurrencies, this is the transaction history for every unit of the cryptocurrency, which shows how ownership has changed over time. Blockchain works by recording transactions in ‘blocks’, with new blocks added at the front of the chain.
Additionally, EverGrow intends to launch Staking Pools or RBLOs (Reflection-Backed Liquidity Offerings). By using an innovative set of smart contracts for Staking Pools, EverGrow will be transferring liquidity to their Partnered Tokens by buying them on specific contract interactions. The purchased tokens are then distributed amongst participants of the Pool. This concept gives EGC token a sustainable utility in which staking X token to earn Y token makes economic and mathematical sense.
Business SpotlightHong Kong's 29-year-old crypto billionaire: FTX's Sam Bankman-Fried
The market seems to have taken a turn this morning as a correction has set in. Both BTC and ETH have witnessed a small correction, said Zebpay Trade Desk. The same is happening in altcoins as well, it added.
Cochrane, J. H. (2011), “Discount rates”, The Journal of Finance 66 (4), 1047–1108.
The phenomenon has occurred more frequently in recent days, with Bitstamp also seeing freak order-book events.
Bitcoin and some other cryptocurrencies’ values have skyrocketed in recent years. Bitcoin’s price has more than doubled in 2021, and Ethereum has more than quadrupled in value this year.
As this platform does business as a separate entity from Binance, the users’ digital assets will be stored in Binance.US wallets only.
SafeMoon technically isn't a cryptocurrency but a DeFi token, according to its website.
Gordon, M. J. (1959), “Dividends, earnings, and stock prices”, The Review of Economics and Statistics, 99–105.
Pagnotta, E. and A. Buraschi (2018). “An equilibrium valuation of Bitcoin and decentralized network assets”, Working paper .
Twitter is launching a dedicated crypto team to work on blockchain applications and Web3
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