CYBER’s initial circulating supply is expected to be 11,038,000.
Binance is expanding its presence in Asia. The reports about its potential entrance into Taiwan come after the company re-entered the Japanese market last year.
The injection of $5 million from Binance Labs transcends a simple financial transaction; it represents a collaborative effort focused on strengthening Curve’s security infrastructure and aiding the protocol in recovering its stability.
A fast finality mechanism on the BNB Chain would mean a safer environment for decentralized applications (dApps).
With its services now fully authorized in El Salvador, Binance has achieved its 18th regulatory approval, solidifying its position as the exchange with the most licenses and registrations worldwide.
The exchange’s USDC balance was reduced from $3.4 billion on March 1 to $23.9 million by May 1.
Although there has been no official comment, the DoJ may consider a fine against Binance instead of officially indicting the company.
Binance explained that they even have refused to conduct business in the Asian due to China’s cryptocurrency ban.
Binance’s influence is undeniable as the exchange boasts a staggering total of over 128 million users worldwide.
Simultaneously, Binance has introduced CyberConnect (CYBER) as the 37th project on Binance Launchpool.
With 34 tokens, Binance will offer more coins than any exchange operating in Japan.
With this license, Binance can now offer approved virtual asset services, further solidifying its reputation as a responsible player in the crypto market.
The copycat attacks on the BSC were attributed to a malfunctioning reentrancy lock in certain versions of the Vyper programming language.
The motion to dismiss a lawsuit filed by Binance’s legal team highlights the argument that CZ is not subject to US jurisdiction as he resides in the United Arab Emirates.
As of now, Binance retains the majority of the crypto market share despite the regulatory challenges.