One Twitter user referred to staked ETH as a "non-redeemable" investment and others criticized the removal of the ETH staking timeframe. Critics have started to draw attention to the Ethereum Foundation's removal of the Ether staking's withdrawal schedule on social media days after Ethereum turns deflationary for the first time since switching to proof-of-stake (PoS). A member of the cryptocurrency community drew attention to the fact that Ethereum executives, developers, and influencers had s

In the most recent announcement, El Salvador Nayib Bukele said that they would start buying Bitcoin once again. President Nayib Bukele stated in a recent tweet: "We are buying one Bitcoin every day starting tomorrow." He has yet to say how long they want to keep up this purchase program, though. The collapse of multiple projects and the market crash made investors hesitant to put their money into the crypto-verse. However,  a major Bitcoin bull did not lose hope, including El Salvador President

The Singaporean investment fund stated that it spent 8 months researching FTX before purchasing a 1% stake in the exchange in 2021. Temasek, Singapore's state investment firm, has written off its entire stake in FTX, claiming that its overall exposure to the collapsed exchange is insignificant in comparison to its overall portfolio holdings. Temasek said in a statement released Thursday that the $210 million investment, which accounted for 1% of FTX International and $65 million for 1.5% of FT

Ultimate Champions is a Web3 platform for sports games that will be created on the BNB Chain. Binance Labs, the company's venture capital and business accelerator, invested $4 million in it. The funding will be used by Ultimate Champions to improve  its games, expand its community, and work with other sports partnerships. The Binance Fan Token Platform will eventually get Ultimate Champions, allowing users to enhance their fan engagement and experience. The next year, fantasy basketball will be

A utility token called Binance Fan Token was released by the Binance exchange on the BNB Chain. Fans from all over the world can easily connect with their favorite clubs thanks to these tokens, which are linked to clubs, sports teams, or celebrities in the sports world.

Binance and Trust Wallet revealed their collaborations on Wednesday with the integration on Binance Pay. Trust wallet is a well-known decentralized cryptocurrency wallet. Without any KYC restrictions, any cryptocurrency investor can trade & retain his/her crypto assets on the Trust wallet. With the latest integration of Binance Pay and Trust Wallet, users will be able to transfer money between these two platforms in just a few clicks rather than going into the Trust wallet every time. The col

Centralized exchanges (CEXs) are large-scale organizations that coordinate cryptocurrency trading, similar to traditional asset exchanges such as stock exchanges. Exchanges are, in essence, markets. They are beneficial when a big number of individuals are attempting to purchase and sell the same sort of asset at the same time. Famous exchanges in the traditional economy include the New York Stock Exchange and the London Metal Exchange. Binance, Coinbase, Gemini, and Kraken are some well-known c

PlayEmber, a Web3 gaming monetization platform, received $2.3 million as a result of a pre-seed round headed by Shima Capital. Big Brain Holdings, Hyperithm, Warburg Serres, Lyrik Ventures, and Huobi Ventures are other investors in the round, the business said in a press release. PlayEmber aims to make it easier for game advertising revenues to transfer from the web2 industry to the web3 through a Unity-based software development kit that provides a distinctive monetization strategy. The compa

Soccer player Cristiano Ronaldo shocked the cryptocurrency community on June 23, 2022, by announcing a collaboration with Binance, the largest cryptocurrency exchange in the world, to launch a CR7-branded NFT collection. According to the latest update on the evening of November 15, Cristiano Ronaldo's NFT collection will be available for sale on Binance at 9:00 UTC on November 18. The first Cristiano Ronaldo NFT collection includes seven animated statues with four rarity levels—Super Super Rar

The makers of Bored Ape Yacht Club (BAYC), Yuga Labs, have bought 10KTF, the NFT game established by digital artist Michael Winkelmann, popularly known as Beeple.