Milestone Achieved: BNB Foundation’s 30th Quarterly Token Burn
TL;DR BNB Foundation completes its 30th quarterly token burn, destroying 1.634 million BNB worth over $1.16 billion, reducing total supply to 142.47 million BNB. The...
Category : Companies
Latest news about Companies
With the growth of cryptocurrencies, new companies have appeared looking to develop new technology in this growing market. From Exchanges to technology developers, more and more are joining this new world.
In fact, even traditional companies in sectors such as fashion, real estate, automobiles and even gastronomy are joining blockchain technology to take advantage of all its benefits.
In The Cryptocurrency Post we have the latest news about companies and how they are expanding in the blockchain world.
ZachXBT Cashes Out Nearly $4 Million on Memecoin, Sparking Debate
TL;DR ZachXBT Cashes Out: Blockchain investigator ZachXBT cashed out nearly $4 million from a memecoin named after him. Market Impact: The token’s market cap dropped...
Sygnum Bank Reaches Unicorn Status with a $58 Million Investment
TL;DR Sygnum Bank has raised $58 million, reaching a valuation of over $1 billion. The funds will be used to expand its product portfolio, focusing...
Binance Faces Legal Setback as Supreme Court Rejects Petition for Review
TL;DR The US Supreme Court has declined to hear Binance’s appeal regarding a class-action lawsuit alleging the illegal sale of unregistered tokens, allowing the lawsuit...
Tether Explores Artificial Intelligence in Filmmaking
TL;DR Tether ventures into artificial intelligence applied to filmmaking as part of its strategic expansion. The company has hired 30 AI experts and plans to...
Stablecoin Issuers Command 40% of December’s On-Chain Revenue
TL;DR Stablecoin issuers accounted for over 40% of on-chain revenue in December 2024, generating more than $664 million out of the $1.5 billion total. Tether...
X Money: Elon Musk’s New Payment System Could Revolutionize Digital Finance
TL;DR Code leaks suggest that X Money could be activated at any moment, but it will initially be available in only 39 U.S. states. It...
Binance Celebrates 250 Million Users and New Trading Options
TL;DR Binance surpasses 250 million users, marking a major step towards its goal of onboarding 1 billion users. The platform recorded $22.6 billion in user...
Montenegro Greenlights Extradition of Do Kwon to the United States
TL;DR Montenegro’s Minister of Justice has approved the extradition of Do Kwon, co-founder of Terraform Labs, to the U.S., ending a prolonged legal dispute. The...
Spectra’s Yield Protocol Surges 600% in December to Record $143M
TL;DR Spectra’s Ethereum-based yield trading and farming protocol saw a 600% surge in December 2024, reaching a record $143 million in total value locked (TVL)....