Binance introduces the beta version of its web wallet supporting BSC (Binance Smart Chain) and Solana networks.
In the ever-evolving world of cryptocurrencies, here's a roundup of the latest developments for you:
IPOs and Collaborations - Gemini has announced its Initial Public Offering (IPO) with 16.67 million shares, set to debut on Nasdaq. (Gemini) - Google and Coinbase are joining forces to launch an AI payment protocol. (Google, Coinbase) - Figure Technologies has set its IPO at $25 per share. (Figure Technologies) - Bullish Europe has secured a German crypto license for EU expansion. (Bullish)
Market Highlights - BNB, the native token of Binance, is currently trading at $784.91, boasting a market cap of $109.33 billion. CoinMarketCap data shows a 24-hour rise of 1.82% and a 90-day increase of 29.18% for BNB. (Binance) - Trading Volume for BNB stands at $2.53 billion, reflecting an 11.10% decrease. (Binance)
Product Launches - Binance has launched a Wallet Web Version Beta, offering trading on BSC and Solana directly from its homepage. (Binance) - Binance Alpha is launching the MAIGA token on Sep 17. Binance Alpha users can claim the MRLN airdrop with points starting September 16. (Binance) - Binance has launched the Binance Wallet Booster Campaign to promote engagement. The campaign offers extensive rewards such as the 5.7 million BTR offering in collaboration with BitlayerLabs. (Binance) - Hyperliquid has surged in 24-hour revenue, outpacing key competitors. (Hyperliquid)
Regulatory Developments - Nasdaq is seeking SEC approval for tokenized stock trading. (Nasdaq) - The Federal Reserve has highlighted stablecoins amid the GENIUS Act passage. (Federal Reserve) - The SEC held a cryptocurrency roundtable on financial surveillance and privacy. (SEC) - U.S. Bancorp has resumed crypto custody and added a Bitcoin ETF. (U.S. Bancorp)
Security and Enforcement - Law enforcement has dismantled the VerifTools fake ID marketplace. (VerifTools) - The RCMP has conducted a $56 million cryptocurrency seizure in Canada. (RCMP)
Adoption and Innovation - China has launched a cross-border QR code payment trial. (China) - Luxury travel companies are embracing cryptocurrency payment options globally. (Luxury Travel) - Seoul Protocol upgrade brings strengthened institutional security to Tezos and enables 63x network efficiency gains. (Seoul Protocol) - Elon Musk has launched an AI-driven software company, Macrohard. (Elon Musk) - Coinbase has introduced on-chain DeFi lending with Morpho integration. (Coinbase)
Community and Presales - $LIVE Crypto Presale: 12x returns on launch, RWA Rewards, and a $2.5 Million Giveaway. ($LIVE Crypto) - Community reactions have been largely receptive to the easy access and portfolio management features. (Community)
Analysis and Insights - Coincu's research team suggests that the Web Wallet Beta launch may increase on-chain activity, but no significant shifts in Total Value Locked (TVL) were typically observed post-launch of similar products. (Coincu) - John Kojo Kumi, a cryptocurrency researcher and writer specializing in emerging startups, tokenomics, and market dynamics within the blockchain ecosystem, has published several articles about Bitcoin. (John Kojo Kumi)
Regulatory Uncertainty - Record 92 cryptocurrency ETF filings have been made in the U.S., awaiting SEC decision. (SEC) - Bitwise has submitted an application for a stablecoin and tokenized ETF. (Bitwise)
Market Reactions - Federal Reserve's Stephen Miran's dissent has sparked market reactions. (Federal Reserve) - OKX has announced the launch of an OKB/USDT Perpetual Contract. (OKX)
Stay tuned for more updates in the world of cryptocurrencies!
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