Last Friday, Binance announced that it had contributed shares to the acquisition of Twitter by billionaire internet entrepreneur Elon Musk. "We're excited to be able to help Elon realize a new vision for Twitter,” Binance founder Changpeng Zhao said in an emailed statement. “We aim to play a role in bringing social media and Web3 together in order to broaden the use and adoption of crypto and blockchain technology." In a tweet, Zhao claimed that Binance had sent $500 million as part of the tra

The social media platform was successfully acquired by the richest man in the world, bringing Twitter into a new era. Elon Musk is said to have finalized his $44 billion purchase of Twitter, making him the richest man in the world and giving him control of one of the most important social media platforms. According to two persons with knowledge of the decision, Musk fired two top executives, including the CEO Parag Agrawal. Twitter opted not to respond. The deal's completion lifts the uncerta

The Brønnøysund Register Center, a Norwegian governmental agency, has established a virtual office in Decentraland metaverse with the help of the accounting firm Ernst & Young (EY). Announced at the Nokios conference on Wednesday, the center is in charge of managing the government's electronic data-sharing infrastructure as well as Norway's public registries. The agency aims to connect with the younger, tech-savvy people that uses its services and because "future users of public services are th

Lawmakers in the UK are voting on officially bringing cryptocurrencies into the economy.

The stablecoin issuer USN for NEAR Protocol announced that it could no longer maintain the project because of the decline in the price of NEAR. USN was introduced in April 2022 as a partly algorithmic stablecoin. However, the spectacular collapse of Terra's algorithmic UST stablecoin in May demonstrated the danger of similar projects becoming undercollateralized, which prompted Decentral Bank to make USN solely mintable against USDT deposits. In spite of Decentral's efforts, USN's value fell t

Reddit Collectible Avatars recorded a remarkable trading volume of 2.5M USD over the last 24 hours.

Arbitrum is one of the hottest Layer 2 solutions, which has many benefits like its superior performance, security, and implementation ease, making it appealing to many developers. In this article, let’s find out the most trending projects in this growing ecosystem. Top GameFi projects on Arbitrum Openblox In the virtual world of OpenBlox, there are plenty of destinations to explore and thrilling goals to achieve. Players can travel with Blox, their in-game avatar. Unlike characters in trad

According to CoinGecko, the trading value of Dogechain (DC) - an EVM-compatible layer-2 blockchain based on Polygon that's inspired by, but separate from, Dogecoin (DOGE), has increased by more than 200% in the last week and more than 70% in the last 24 hours. The high also represents a 75% increase over a month ago. Dogechain's price has risen from $0.0004 on Friday to $0.00176 on Sunday, recording a 228% gain in seven days at a rate not seen since September 12. The price increased due to the

With the tight embrace of blockchain technology, South Korea may soon permit its citizens to use blockchain-based digital identification (ID) to replace physical cards by 2024. Bloomberg reported that the government plans to embed digital IDs as an app within mobile devices for about 45 million citizens expected to adopt the technology within two years. As one of the world's most advanced digital economies, South Korea is working to boost economic growth after the pandemic. South Koreans also

Aptos has just launched its mainnet and will be listed on Binance in the upcoming hours. Which is unique about this project?