News
Bloomberg reports that Binance Holdings Ltd. has secured a complete crypto licence in Dubai after CZ agreed to relinquish voting control over the local entity. This agreement also required CZ to step down from his CEO role in FZE, though he continues to be the ultimate beneficial owner. Link
Binance has announced the conversion of all assets in its Secure Asset Fund for Users (SAFU) to USDC to improve stability. The SAFU wallet now exclusively contains 1 billion USDC, replacing previous holdings in BNB, USDT and TUSD. Additionally, another address used to reserve BTC has moved all BTC back to the hot wallet. Link
Ernst & Young, a leading accounting firm among the Big Four, has introduced EY OpsChain Contract Manager, a blockchain-based contract management system. Initially utilising Polygon, the solution is set to transition to Ethereum and advance to Layer3 in its forthcoming update. Link
Currently, the global value of major assets is approximately 900 trillion US dollars, according to a chart by Croesus_BTC. This includes around $330 trillion in real estate, $300 trillion in bonds, $120 trillion in money, $115 trillion in equities, $18 trillion in art, $12 trillion in gold and $1.2 trillion in Bitcoin. Notably, Bitcoin's value has reached one-tenth of the total asset value of gold. Link
Tether has announced a company reorganisation aimed at delivering a variety of new decentralised infrastructure solutions. As part of this restructuring, the company has established four new divisions: Tether Data, Tether Finance, Tether Power and Tether Education. Link
Projects
Scroll - The Ethereum Layer 2 network Scroll has launched a loyalty program called Scroll Sessions to reward its community. Link
Thruster - The decentralised exchange protocol Thruster has secured $7.5 million in a seed funding round led by Pantera Capital. This round, consisting of SAFE plus token warrants, has elevated Thruster's valuation to $70 million, according to Thruster contributor 0xFri, who spoke to The Block. Link
Disclaimer: This research report is exactly that — a research report. It is not intended to serve as financial advice, nor should you blindly assume that any of the information is accurate without confirming through your own research. Bitcoin, cryptocurrencies, and other digital assets are incredibly risky and nothing in this report should be considered an endorsement to buy or sell any asset. Never invest more than you are willing to lose and understand the risk that you are taking. Do your own research. All information in this report is for educational purposes only and should not be the basis for any investment decisions that you make.
News
Bloomberg reports that Binance Holdings Ltd. has secured a complete crypto licence in Dubai after CZ agreed to relinquish voting control over the local entity. This agreement also required CZ to step down from his CEO role in FZE, though he continues to be the ultimate beneficial owner. Link
Binance has announced the conversion of all assets in its Secure Asset Fund for Users (SAFU) to USDC to improve stability. The SAFU wallet now exclusively contains 1 billion USDC, replacing previous holdings in BNB, USDT and TUSD. Additionally, another address used to reserve BTC has moved all BTC back to the hot wallet. Link
Ernst & Young, a leading accounting firm among the Big Four, has introduced EY OpsChain Contract Manager, a blockchain-based contract management system. Initially utilising Polygon, the solution is set to transition to Ethereum and advance to Layer3 in its forthcoming update. Link
Currently, the global value of major assets is approximately 900 trillion US dollars, according to a chart by Croesus_BTC. This includes around $330 trillion in real estate, $300 trillion in bonds, $120 trillion in money, $115 trillion in equities, $18 trillion in art, $12 trillion in gold and $1.2 trillion in Bitcoin. Notably, Bitcoin's value has reached one-tenth of the total asset value of gold. Link
Tether has announced a company reorganisation aimed at delivering a variety of new decentralised infrastructure solutions. As part of this restructuring, the company has established four new divisions: Tether Data, Tether Finance, Tether Power and Tether Education. Link
Projects
Scroll - The Ethereum Layer 2 network Scroll has launched a loyalty program called Scroll Sessions to reward its community. Link
Thruster - The decentralised exchange protocol Thruster has secured $7.5 million in a seed funding round led by Pantera Capital. This round, consisting of SAFE plus token warrants, has elevated Thruster's valuation to $70 million, according to Thruster contributor 0xFri, who spoke to The Block. Link
Disclaimer: This research report is exactly that — a research report. It is not intended to serve as financial advice, nor should you blindly assume that any of the information is accurate without confirming through your own research. Bitcoin, cryptocurrencies, and other digital assets are incredibly risky and nothing in this report should be considered an endorsement to buy or sell any asset. Never invest more than you are willing to lose and understand the risk that you are taking. Do your own research. All information in this report is for educational purposes only and should not be the basis for any investment decisions that you make.
News
Bloomberg reports that Binance Holdings Ltd. has secured a complete crypto licence in Dubai after CZ agreed to relinquish voting control over the local entity. This agreement also required CZ to step down from his CEO role in FZE, though he continues to be the ultimate beneficial owner. Link
Binance has announced the conversion of all assets in its Secure Asset Fund for Users (SAFU) to USDC to improve stability. The SAFU wallet now exclusively contains 1 billion USDC, replacing previous holdings in BNB, USDT and TUSD. Additionally, another address used to reserve BTC has moved all BTC back to the hot wallet. Link
Ernst & Young, a leading accounting firm among the Big Four, has introduced EY OpsChain Contract Manager, a blockchain-based contract management system. Initially utilising Polygon, the solution is set to transition to Ethereum and advance to Layer3 in its forthcoming update. Link
Currently, the global value of major assets is approximately 900 trillion US dollars, according to a chart by Croesus_BTC. This includes around $330 trillion in real estate, $300 trillion in bonds, $120 trillion in money, $115 trillion in equities, $18 trillion in art, $12 trillion in gold and $1.2 trillion in Bitcoin. Notably, Bitcoin's value has reached one-tenth of the total asset value of gold. Link
Tether has announced a company reorganisation aimed at delivering a variety of new decentralised infrastructure solutions. As part of this restructuring, the company has established four new divisions: Tether Data, Tether Finance, Tether Power and Tether Education. Link
Projects
Scroll - The Ethereum Layer 2 network Scroll has launched a loyalty program called Scroll Sessions to reward its community. Link
Thruster - The decentralised exchange protocol Thruster has secured $7.5 million in a seed funding round led by Pantera Capital. This round, consisting of SAFE plus token warrants, has elevated Thruster's valuation to $70 million, according to Thruster contributor 0xFri, who spoke to The Block. Link
Disclaimer: This research report is exactly that — a research report. It is not intended to serve as financial advice, nor should you blindly assume that any of the information is accurate without confirming through your own research. Bitcoin, cryptocurrencies, and other digital assets are incredibly risky and nothing in this report should be considered an endorsement to buy or sell any asset. Never invest more than you are willing to lose and understand the risk that you are taking. Do your own research. All information in this report is for educational purposes only and should not be the basis for any investment decisions that you make.
