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BNB Chain marks its fourth anniversary with a focus on expanding its ecosystem and onboarding the next billion Web3 users through innovative strategies and continuous support for developers. (Read More)
Gala Music celebrates the first anniversary of 'Voir Dire' by Earl Sweatshirt and The Alchemist, an innovative NFT album that continues to captivate fans. (Read More)
The milestone takes Web3 closer to reaching its first billion users, according to Binances chief marketing officer.
As Ethereum celebrates its ninth anniversary, we reflect on its transformative journey and share nine key insights from leading executives.
The Securities and Futures Commission (SFC) marks its 35th anniversary, detailing strategic plans for Hong Kong's financial future. (Read More)
Ghana Post launched a crypto stamp collection to showcase its kings 25-year-long journey of persevering in traditional values and adopting new-age technology.
On its sixth anniversary and surpassing the milestone of 10 millioncustomers, the cryptocurrency exchange BingX presented its strategicdevelopment strategy titled "ExpansionX," under which it plans toimplement a range of new products and expand its operations to additionalcountries.
BingX Introduces NewProducts for Spot and Derivatives Trading
As part ofExpansionX, the exchange intends to introduce USDC-margined futures trading andexpand the number of assets available for leveraged investing. In the spot market, the offering will be complemented by Launchpad and Launchpool,which allow participation in the sale of new cryptocurrency projects andtokens.
"Togetherwith our BingX community and partners, we will continue to push the boundariesof what's possible in the crypto industry, setting new milestones and drivingpositive change," Vivien Lin, the Chief Product Officer of BingX,commented. "Thanks for being part of our journey, and we are ready toachieve new heights together in 2024 and beyond."
We're turning 6! What a journey it has been. Through bull and bear markets, thank you #BingX fam for sticking by us through it all. Here's to many more years of innovative and user-first products ahead. pic.twitter.com/lGAmFCMJPC
BingX (@BingXOfficial) May 20, 2024Theoffering will be complemented by lending services within wealth management, which will allow users to pledge cryptocurrencies in exchange for collateralized loans.
"Theplatform will also expand its structured product offerings to include dualcurrency notes, accumulators, decumulators, and snowball products, providingdiverse investment options," the company wrote in the official statement.
New Countries and NewPartnerships
In additionto product development, BingX also focuses on geographical expansion. Theexchange has begun entering new markets, including Turkey, Vietnam, andArgentina, expanding its reach across several continents simultaneously.
"BingXprioritizes localization by identifying and developing products and campaignsspecifically tailored for local markets, supported by a dedicated team withlocal expertise," the company commented.
An example is the partnership established at the beginning of this year with theChelsea Football Club, of which BingX became a sleeve sponsor. In addition, theexchange's logo will be featured on the front of the club's training kit.
Hugest of massive thank yous to @BingXOfficial for my birthday present and making this all possible So excited for my very first football match #cfcmatchday Go Chelsea! pic.twitter.com/CbGpCZBADd
Lisa N Edwards (@LisaNEdwards) May 19, 2024As part ofits development strategy, the exchange also wants to become more involved incorporate social responsibility (CSR) projects. In this regard, it is preparingto produce a documentary with Netflix and Dolphin Conservation to raiseawareness about the need for animal protection.
Development plans emerge when the cryptocurrency exchange industry is experiencing multi-year highs, following Bitcoin's new record in March. Although April saw a correction in spot volumes of the largest exchanges, historically, they remain at high levels.
This article was written by Damian Chmiel at www.financemagnates.com.Eight years ago today, an infamous, whiskey-soaked Bitcointalk post gave birth to the HODL meme, still the best investment philosophy in Bitcoin history.
Beverage giant Pepsi announced the brand would launch nearly 2,000 NFTs to celebrate the anniversary. (Read More)
Seven years ago today, Bitcoin pioneer Hal Finney passed away from complications of ALS. He’ll always be remembered for “running bitcoin.”
The largest cryptocurrency exchange Binance recently celebrated its 6th anniversary. The platform, which started as a crypto-to-crypto exchange with 5 tokens in 2 languages, now supports over 600 tokens in more than 40 languages, serving over 140 million users globally. (Read More)
Ethereum researcher Justin Drake said the Beacon Chain has become the strongest foundation blockchains have ever seen.
The next decade will bring more institutional adoption for Ethereum, but solving the security concerns of the wider crypto space remains a priority.
Bitcoin celebrates 12 years since its first halving event, with block rewards shrinking to 3.125 BTC and miners adapting to higher difficulty amid rising prices.
Tether CEO Paolo Ardoino said in an X post that the company will continue to bring financial inclusion to people who are left behind.
While focusing on developing countries, Tether is doing its best to maintain a good relationship with the United States, Paolo Ardoino told Cointelegraph.
After setting the record for having the largest initial coin offering in history, the EOS network suffered various setbacks, including fines and allegations of market manipulation.
According to the P2P Foundation forum, the mysterious creator of Bitcoin, Satoshi Nakamoto, has ostensibly turned 48 today on April 5, 2023. More than 14 years ago, Nakamoto introduced Bitcoin to the forum members, noting that the inventor “developed a new open-source P2P e-cash system called Bitcoin.” The Significance of April 5 in the History [...]
The post Bitcoin Creator Satoshi Nakamoto Turns 48 Today, Coinciding With the Anniversary of FDR’s US Gold Ban appeared first on Crypto Breaking News.
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