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Binance introduces FDUSD Locked Products offering a 15.9% fixed APR during a limited promotion period, enhancing user earning potential. (Read More)
Binance P2P announces a promotional campaign offering 5,000 FDUSD in rewards for eligible users who have not traded since January 2024. (Read More)
Binance launches a promotion offering 19.9% APR on FDUSD Locked Products, available from August 12 to August 22, 2024, on a first-come, first-served basis. (Read More)
Binance launches a promotion offering a share of 50,000 FDUSD to selected users who complete deposit and trading tasks during the specified period. (Read More)
Binance launches a promotion for FDUSD Simple Earn Flexible Products, offering up to 11.5% APR rewards for eligible users during the promotion period. (Read More)
The Band Protocol price prediction reveals that BAND is facing key resistance at $1.25 as the market price heads to the upside. Band Protocol Prediction [...]
Binance Margin expands trading options by adding new FDUSD pairs on Cross and Isolated Margin, enhancing user experience. (Read More)
Binance P2P announces a 15,000 FDUSD reward pool for users in the MENASA region, encouraging new and existing users to participate. (Read More)
Worldcoin (WLD) is currently enjoying an upward trend, with the crypto token surging by over 15% in a single day to reach $3. This development is thanks to the recent strides that the Worldcoin team has made to achieve the goals of the crypto project. Expansion Of Worldcoins World ID Provides Bullish Momentum The Worldcoin team recently announced that World ID, the projects global identity network, would be making an entry into Ecuador. Locals in the country can get verified using the Orb to join Worldcoins identity network. The team mentioned that verifications will be available at six locations across two Ecuadorian cities. Related Reading: Dogecoin Enters Final Stage Of Consolidation, Analyst Predicts 6,150% Rally To $7.5 Verification will begin at the port city of Guayaquil on June 26, while the other verification locations will be set up in the Capital city of Quito on June 27. Worldcoin stated that anyone 18 years or older who is interested in joining the over 5 million people participating in the Worldcoin network can get Orb verified in either of those two cities. This development undoubtedly provides bullish momentum for the Worldcoin token, considering the role the crypto token plays in achieving the teams vision of providing a global identity for everyone. Worldcoins entry into Ecuador is also a much-needed boost, given the regulatory scrutiny and negative publicity that has overwhelmed Worldcoins ecosystem. Worldcoin also noted that its upcoming launch in Ecuador comes at a time when the project is set to expand further in Argentina through direct investments in the country and the launch of more Orb verification locations. As part of the investment, Worldcoin contributors such as Tools for Humanity (TFH) will sponsor professional opportunities for at least 50 developers, operations specialists, software engineers, data analysts, and other professionals in the country. Additionally, Worldcoin announced that 50 World ID orb verification locations, including two experience stores, will be set up in over ten cities across Argentina. These locations are expected to open sometime during the summer in the country. More Good News For Worldcoin Kenyas local media, The Star, recently reported that the government has dropped its investigation into Worldcoin. Worldcoin had earlier had to suspend its World ID verifications in the country following allegations of unlawful collection and transfer of personal data belonging to locals. Related Reading: Bitcoin Crash Below $66,000 Stuns Market, Why A Drop To $54,930 Is Possible However, upon investigating and reviewing these allegations, the countrys Directorate of Criminal Investigations (DCI) determined that they had no substance and directed that the investigation be dropped with no further action from law enforcement agencies. The Star noted that this development will likely pave the way for Worldcoin to resume its operations in Kenya. Worldcoins operations in Kenya were largely successful. Over 635,000 Kenyans are said to have downloaded the World App, although more than half of these individuals had yet to verify their identity using the Orb. Featured image created with Dall.E, chart from Tradingview.com
Binance introduces the P2P Cash Trade Fiesta, offering users a chance to win a share of 7,000 FDUSD through trading and referrals. (Read More)
Binance launches Eid al-Adha challenge offering 1 BTC and 30,000 FDUSD in rewards. (Read More)
Binance introduces the Rising Stars Challenge in the MENASA regions, offering users a chance to win 1 ETH and share 11,000 FDUSD in rewards. (Read More)
Binance Pool now accepts USDC and FDUSD for cloud mining purchases. (Read More)
BitMEX introduces DOODUSDT perpetual swap, offering traders up to 50x leverage. This new listing enhances trading options for users on the platform. (Read More)
Binance has announced the upcoming release of LDUSDT, a new token designed to serve as a reward-bearing margin asset for Futures trading, according to an April 9 statement. Binance explained that LDUSDT is not just another trading toolits also a vehicle for passive income. It enables users to participate in futures trading while simultaneously earning […]
The post Binance unveils LDUSDT reward token for futures trading and passive income appeared first on CryptoSlate.
On the evening of April 2, 2025, the world of cryptocurrency was shaken by an explosive accusation from Justin Sun, founder of the crypto project Tron. Sun accused First Digital Trust (FDT), the issuer of the stablecoin $FDUSD, of fraud, alleging that the company had misappropriated a staggering $456 million in funds related to its [...]
TRON founder Justin Sun has announced a $50 million bounty program to expose the alleged $500 million embezzlement by First Digital Trust (FDT), the issuer of the FDUSD stablecoin. In an April 4 statement on social media, Sun revealed that the bounty represents roughly 10% of the stolen funds. The development comes less than 24 […]
The post Justin Sun targets First Digital Trust with $50 million bounty over alleged embezzlement appeared first on CryptoSlate.
First Digital redeems $26 million worth of FDUSD after stablecoin depeg First Digital, a leading blockchain-based platform, recently announced the redemption of $26 million worth of FDUSD stablecoins after the stablecoin depegged from its intended value. This move comes after weeks of uncertainty in the cryptocurrency market, with many stablecoins struggling to maintain their pegged [...]
The post First Digital Successfully Recovers $26 Million After FDUSD Decoupling, Dismisses Sun Bankruptcy Allegations appeared first on Crypto Breaking News.
Hong Kong lawmaker Johnny Ng has vowed that authorities will act quickly if fraud allegations against First Digital Trust (FDT), the issuer of the FDUSD stablecoin, are confirmed. In an April 3 post on X, Ng assured investors that the city’s crypto regulatory framework remains robust and committed to investor protection despite the recent high-profile […]
The post Hong Kong reevaluates crypto trust rules amid Justin Sun’s First Digital Trust allegations appeared first on CryptoSlate.
Worldcoin (WLD) could be the victim of a significant downtrend in the coming weeks. The team plans to sell as many as 1.5 million WLD tokens over the next six months, which could bring about massive selling pressure and affect the tokens price. Details About The Proposed WLD Token Sale Worldcoin revealed in a blog post that World Assets (a subsidiary of the Worldcoin Foundation) will sell between 500,000 and 1.5 million Worldcoin tokens weekly to a group of institutional trading firms outside the United States. This token sale will be done through private placements and is expected to last up to six months. Related Reading: XRP Wallets Holding At Least 1 Million Coins Nears All-Time High As Sentiment Improves Therefore, as many as 36 million WLD tokens could be sold under this arrangement. Interestingly, these tokens do not form part of the current circulating supply, as Worldcoin stated that the circulating supply of WLD will thus increase correspondingly as the token sales progress. That means Worldcoins circulating supply could see an 18.6% increase to over 229 million WLD tokens once the private sale is done. This development is undoubtedly a cause for concern for WLD holders, given the impact it could have on the crypto tokens price action. However, Worldcoin tried to downplay the effect of this token sale, noting that a weekly sale of between 500,000 and 1.5 million WLD tokens represents less than 0.1% to 0.4% of the current weekly trading volume. Meanwhile, World Assets may seek to include a 40-day lock-up period restricting the resale of WLD by trading firms, Worldcoin remarked. This could also help reduce the high volatility that could arise from an immediate sell-off by these trading firms. The Worldcoin Ecosystem WLD is the native token of Worldcoin, a project that focuses on the digital verification of humans. Users in the Worldcoin ecosystem get verified through a device called the Orb. Since launching last year, the project, co-founded by Open AIs CEO Sam Altman, has drawn criticism, with many, including Ethereums co-founder Vitalik Buterin, raising privacy and legal concerns. Related Reading: Analyst Says XRP Price Will Reach $100, But This Needs To Happen First Authorities in different countries have investigated the project as they believe its data collection method may have breached certain privacy laws. NewsBTC also recently reported that Worldcoin faces a potential fine of $1.2 million in Argentina for violating the countrys National Consumer Protection Law. Despite the regulatory scrutiny, the team is still looking to expand. In the blog post, they hinted that the proceeds from this token sale will be directed towards meeting the increasing demand for orb-verified World IDs around the world. At the time of writing, Worldcoin is trading at around $5.4, down over 6% in the last 24 hours, according to data from CoinMarketCap. WLD price falls to bearish pressure | Source: WLDUSDT on Tradingview.com Featured image from The Block, chart from Tradingview.com
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