CRYPTOCURRENCY
Crypto News
The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.
The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.
Binance Futures NEXT Updates: New Picks and Rewards Structure Revealed
Binance Futures announces updates to its Futures NEXT program, introducing changes to rewards and Picks allocation, effective October 2024.
Binance Launches Futures Traders League with 7 Million USDT Prize Pool
Binance Futures introduces the Futures Traders League, offering a prize pool of up to 7 million USDT in rewards. The event features Solo and Team Competitions and exclusive VIP merchandise.
Introduction of SoDA: Bridging GAAP and Digital Asset Reporting
The Statement of Digital Assets (SoDA) aims to enhance transparency in crypto financial reporting by bridging GAAP standards with digital asset specifics, addressing liquidity challenges in balance sheets.
Riot Platforms (RIOT) Reports 28% Increase in Bitcoin Production for September 2024
Riot Platforms produced 412 BTC in September 2024, marking a significant 28% increase from August. The company achieved a total deployed hash rate of 28.2 EH/s.
BitMEX Introduces MOODENGUSDT Perpetual Swap with 50x Leverage
BitMEX is set to launch MOODENGUSDT perpetual swaps, offering traders up to 50x leverage on the Solana memecoin MOODENG. Trading begins on October 4, 2024.
Binance Launches $10 Million Prize Pool for 2024 Traders League
Binance introduces the 2024 Traders League with $10 million in rewards for spot and futures trading competitions, engaging both novice and seasoned traders.
Cronos (CRO) Launches $100,000 ETH Bridging Competition
Cronos (CRO) introduces a five-week ETH bridging competition with a $100,000 prize pool, encouraging participants to bridge ETH to Cronos zkEVM and engage in swaps and liquidity on H2 Finance.
Binance Updates Monitoring and Seed Tags for Selected Tokens
Binance is set to modify its Monitoring and Seed Tags, affecting tokens such as BLZ, CLV, KEY, PROS, VITE, PENDLE, and SEI. The changes will be effective from October 3, 2024.
Binance Introduces Romanian Lei (RON) Payment Option for USDC Purchases
Binance partners with Tradesilvania to allow Romanian Lei (RON) cash transactions for USDC purchases, offering promotional rewards for early adopters.
BitMEX Launches EIGENUSDT Perpetual Swap with Up to 50x Leverage
BitMEX introduces EIGENUSDT perpetual swaps, offering traders the ability to long or short EIGEN with up to 50x leverage, starting 2 October 2024.