What is Lista DAO (LISTA)? The 2nd project on Binance Megadrop Binance Megadrop allows locking BNB and performing Web3 Quest to receive Lista DAO airdrop. What is Lista DAO? Lista DAO is a Liquid Staking Derivatives project on the BNB ecosystem. Lista focuses on two main products, including collateralized debt positions (CDP) and liquid staking. Both products focus on increasing the liquidity of assets held by users. Increased liquidity refers to users who own a certain type of token being able to increase their use cases in DeFi applications, instead of having to sell this asset to have capital to experiment. Lista DAO was renamed from Helio Protocol and was established in 2022 with the goal of becoming the 2nd Maker DAO on the BNB chain. In July 2023, Helio merged with Synclub and launched LSDFi Foundation - the origin of Lista DAO. The name Lista was also formed from LIquid STAking. Lista DAO products include: Collateralized debt positions (CDPs) to mint stablecoins from collateral. Liquid staking allows users to stake assets and receive rewards. Stablecoin lisUSD is backed by collateral. Duo token model with stablecoin lisUSD and governance token LISTA. $LISTA #Write2Win #BinanceTournament
What is BNB Chain (Binance Smart Chain)? Learn about the BNB Chain ecosystem, its development history, how it works and the important components in the BNB Chain ecosystem.
Build N Build Chain or BNB Chain is one of the most popular blockchains in the world, founded by cryptocurrency exchange Binance in 2019. However, since then BNB Chain has become a project community-oriented. Binance claims that they are one of the contributing organizations operating in the BNB Chain ecosystem.
The name “BNB Chain” stands for Build N Build Chain and emphasizes continuous community-led development. According to DefiLlama, it is the third largest Layer 1 ecosystem after Ethereum in terms of decentralized transaction volume and third in terms of daily active users.
BNB Chain consists of five different blockchain networks that serve a variety of purposes, including:
BNB Beacon Chain – BNB Beacon Chain is the staking and governance layer of the BNB ecosystem. BNB Smart Chain (BSC) – An EVM compatible blockchain bringing programmability and interoperability to the BNB ecosystem. zkBNB – Infrastructure built on zk-Rollup architecture for developers, helping them build large-scale BSC-based applications with higher throughput and much lower transaction fees or even equal to 0. opBNB – Layer 2 scaling solution for BNB Smart Chain (BSC) powered by the platform version of Optimism opStack. BNB Greenfield – The network provides a completely new economic and structural model for data in the Web3 era. BNB Greenfield offers ownership #binance #BNBChainHackathon2024 $BNB
ZKsync is a layer-2 solution belonging to the ZK-Rollups group on Ethereum developed by the Matter Labs team, with the support of many large investment funds such as a16z, OKX, Crypto.com, Bybit, ConsenSys... and has been implemented. Earning a total capital raised of more than 458 million USD. Among Layer 2 projects for Ethereum, ZKsync has stood out as a leading name, pioneering a solution that uses Zero-knowledge technology to interoperate with execution environments via EVM. of Ethereum
ZKsync is a Layer 2 scaling solution for Ethereum, using Zero-knowledge Rollup (ZK-Rollups) technology. This technology allows for faster and more cost-effective transactions, while also ensuring security from Ethereum.
Besides, the ZKsync project has also successfully integrated the zkEVM solution into the main network to deploy ZKsync Era in March 2023. This marks an important step forward as ZKsync takes the lead in the race to perfect zkEVM technology. zkEVM is a virtual machine that supports Zero-knowledge proof computation, fully compatible with Ethereum's EVM. This is an implementation of ZK technology to expand the ability to execute smart contracts on Ethereum. With this zkEVM, ZKsync can perform Zero-Knowledge Proof (ZKP) calculations and is compatible with existing infrastructure on Ethereum. Developers can also write ZK-compatible smart contracts using EVM's traditional Solidity language. #newlisting #AirdropGuide $ZK
What is Renzo (REZ)? The 53rd project on Binance Launchpool is leading the trading capitalization
On February 22, 2024, Renzo Protocol received investment from Binance Labs. On April 23, 2024, Binance Launchpool continued to announce Renzo as the 53rd project on the platform, marking an important turning point for this protocol. What is Renzo? Renzo is a cross-chain Liquid Retaking protocol built on EigenLayer. Renzo allows users to stake ETH and liquid staking tokens (LST) on the Ethereum, Arbitrum, BNB Chain chains... to receive ezETH. With ezETH, users can receive ezPoint rewards for the opportunity to receive airdrops in the future or continue to use them to restake on EigenLayer to optimize capital efficiency.
What are Renzo's highlights?
Cross-chain staking on Layer 2s: Renzo has partnered with Connext Network to allow users to staking wETH tokens on L2s like Arbitrum. In the future, the project will continue to expand to new L2s, to provide users with a seamless and simple experience. Integrating a variety of protocols: Such as Pendle, Balancer, Gearbox, Curve... helps users use ezETH to participate in protocols in DeFi such as providing liquidity, swap... Friendly interface: Renzo's interface design is quite intuitive and easy to see, allowing users to easily experience it with a few simple operations. $REZ #rez #TrendingBinance
BOME (book of memes) is a memecoin on the Solana ecosystem and was created by an artist on X named @Darkfarms1. Starting on March 13, 2024, Darkfarms1 posted a tweet that he would start a pre-sale of BOME tokens, users only need to send SOL to his wallet to receive BOME tokens back. #TopCoinsJune2024 #BOME
This form of pre-sale "give money first, tokens later" has emerged in 2023, typically including the PSYOP token on the Ethereum ecosystem, called by account X @eth.ben.
In addition, the images in the *metadata of the BOME token can be continuously renewed and updated by the developer, aiming to create the first meme book on Web3. *Metadata is the data stored and attached to the token. Anyone can access metadata data. -Why does the community pay attention to BOME? The crypto market has just witnessed the price of BTC increasing continuously, from 60,000 to more than 70,000 USD in less than 1 month. Therefore, at the present time, some people believe that this is the right time to invest in memecoin projects, similar to the period of 2023 when BTC hits 30,000 USD
From here, many people started participating in memecoins and BOME was no exception, the project successfully attracted more than 10,131 SOL (equivalent to 2 million USD) in the pre-sale phase. Immediately after that, Darkfarms1 added liquidity to the BOME token on DEX exchanges, aiming to support investors in buying and selling. According to Lookonchain, pre-sale participants have a net profit of up to 2,000%, meaning BOME's liquidity is relatively increased. Therefore, many people started FOMO token BOME and brought the capitalization of the project up to 300 million USD $BOME
What is PEPE coin? All the information about PEPE coin you are looking for PEPE Coin is a Meme coin, released on Ethereum with inspiration and main image from the green frog PEPE. This coin has reached a capitalization of more than 1 billion in less than a month.
PEPE Coin is one of many types of Meme coins, released on Ethereum with inspiration and main image from the very famous and humorous green frog PEPE on the internet. PEPE coin has no connection or connection with Matt Furie or the work Pepe the Frog. This token simply shows love and respect for a meme that everyone enjoys and recognizes. PEPE is a coin with no intrinsic value or high expectations in terms of financial returns. PEPE does not have an official team or development roadmap but is intended for short-term entertainment and speculation purposes only.
It is one of the Meme coin projects inspired by famous memes - so it is well received by many users around the world. This coin is not controlled in terms of circulating supply, so it is highly decentralized. PEPE has a large community of fans, so its communication power is extremely strong. This is a rare meme coin that is listed by major CEX exchanges within a short time after its launch. The list of CEX exchanges that have listed PEPE coins includes Binance, Kucoin, Bybit... PEPE officially launched on April 16, 2023, but as of May 2023, there were more than 835,480 regular transactions, 171,504 buyers and more than 93,789 sellers. This shows that this is a very dynamic coin in the crypto market. $PEPE #TopCoinsJune2024 #binance
What is Io.net (IO)? What's special about the 55th project on Binance Launchpool?
Recently, Io.net is the next project announced by the Binance cryptocurrency exchange to launch through the Binance Launchpool platform. Users can trade IO coin starting from 12:00 (UTC) June 11, 2024. Binance lists Io.net Binance has just announced the 55th project on Binance Launchpool called Io.net (IO). This is a decentralized AI computing and cloud platform. As usual, users will be able to stake (stake) BNB and FDUSD into separate pools to farm IO coins over four days, with farming starting from 00:00 (UTC) on June 7, 2024 .
What is Chainlink (LINK)? Learn detailed information about the giant in the Oracle industry Chainlink is a project that solves the fundamental problem of blockchain, which is the ability to connect to data sources outside the blockchain. Since the mainnet launch in May 2019, Chainlink has always focused on the oracle problem and providing solutions for integrating off-chain information from quality sources.
Through a decentralized network of independent oracle nodes, Chainlink provides a range of decentralized services for smart contracts including price data feeds (financial market data used to provide powering much of the DeFi economy), VRF (enabling dynamic NFT creation), Proof of Reserve (providing proof of off-chain collateral backing stablecoins and cross-chain tokens) to increase the value of LINK coins.
Blockchain is a decentralized computer network that performs calculations and stores data in a shared ledger. Blockchain differs from traditional, centralized computer systems in the following ways: No single individual or group controls it. Everyone in the world has equal access to send commands. Applications running on it and data stored in it cannot be tampered with or deleted. All transactions processed over time are recorded in a continuously evolving ledger. Transactions are settled through a native token. #TopCoinsJune2024 #LINK🔥🔥🔥 #LINKUSD
XRP: Leverage the power of Ripple XRP, the native cryptocurrency of the XRP Ledger, is currently priced at $0.54349 with a 24-hour trading volume of $2.22 billion and a market capitalization of $30.05 billion. The coin has seen a price increase of 5.53% in the last 24 hours. Market sentiment towards XRP remains neutral, but the Fear & Greed Index shows extreme greed at 76. Ripple, the fintech company behind XRP, announced the launch of a new dollar-pegged stablecoin on both the XRP Ledger and Ethereum platforms. This stablecoin will be fully backed by USD deposits, US government treasuries, and other cash equivalents. To ensure transparency, Ripple plans to publish monthly attestations from a third-party accounting firm. The introduction of a USD-backed stablecoin on the XRP Ledger is expected to be a game changer. It will likely increase liquidity on the XRP Ledger's decentralized exchange and introduce new use cases to the platform. These developments could enhance XRP's value proposition and attract more users and developers to the ecosystem, making it a top coin to add to your portfolio $XRP #TopCoinsJune2024 #xrp
Solana (SOL): High-performance blockchain Solana has been a standout performer in the crypto market, showing a 22.4% gain against the US dollar over the past week. This performance is especially notable compared to Bitcoin and Ethereum, which recorded gains of 6.7% and 4%, respectively. Solana's market capitalization currently stands at $79 billion, placing it in close competition with Binance Coin (BNB). Solana's DeFi ecosystem is extremely active, largely driven by demand for meme coins. According to DeFi Llama, Solana's DeFi protocols processed $890 million in transaction volume in the past 24 hours, a significant number considering its Total Value Locked (TVL) is more than 10 times smaller than Ethereum's DeFi ecosystem. The popularity of Solana is also demonstrated by the success of Phantom, a cryptocurrency wallet that supports the Solana blockchain. Phantom is ranked as the 4th most useful app on the App Store, demonstrating the widespread adoption and usage of the Solana ecosystem. This growing popularity and positive developments in its DeFi space make Solana an attractive investment option to add to your portfolio for purely deposit returns USD#sol #SolanaUSTD #SOLUSDT $SOL
List of Top 2024 coins by market capitalization of focus magazine:#bitcoin #ETH #bnb #sol #xrp #Link #imx #arb #op
As the cryptocurrency market continues to grow, investors are always looking for the next big opportunity. In June 2024, analysts identified three prominent altcoins showing great potential:, Solana (SOL) and XRP. Each of these coins offers something unique, providing investors with many different avenues to diversify and strengthen their portfolios. Here, we dive into the key aspects of these altcoins and why they are recommended.
'Rescued' three million USD in Bitcoin from locked wallets 10 years ago Hacker Joe Grand and his colleagues recovered the password of an e-wallet containing 43.6 BTC, equivalent to nearly 3 million USD, from 2013. According to Wired, hacker Joe Grand and his colleagues successfully recovered users' Bitcoin wallets by exploiting vulnerabilities in the RoboForm password manager, which was used to create secure passwords a decade ago.
In 2022, the owner of an e-wallet with 43.6 Bitcoin discovered he could not access his account. This man who nicknamed himself Michael in Europe contacted Joe Grand but only received a shake of the head. Grand, nicknamed Kingpin, refused most people who approached him with offers related to unlocking cryptocurrency wallets. This hacker's main job is to advise system developers to help them prevent hackers from breaking in. He became famous after restoring a hardware wallet in 2022, but Michael uses a software wallet, meaning that previous experience can hardly be used.
Michael persistently approached again a year later and Grand decided to give it a try. He called Bruno, a German colleague, to get started.
Michael created a complex password using the RoboForm manager and encrypted it using TrueCrypt. However, the file containing the encrypted password was later corrupted and there was no backup. Michael also does not save passwords in RoboForm for fear that his computer could be hacked.
After months of analysis, Grand's team wrote software that ran RoboForm's process backwards and discovered vulnerabilities in the random code generator it used in 2013. #bitcoin #btc
Monetary policy in the US continues to be tightened and the founder of Binance was convicted, negatively impacting the flow of risky investment capital. According to Coin Market Cap, bitcoin price continuously adjusted sharply, at one point falling below the 69,000 USD/BTC mark. At the end of the month, the world's largest digital currency fell about 15%, the worst decline since November 2022 when the FTX exchange collapsed, and was trading at its lowest level since late February. The reason is partly due to the excitement surrounding spot ETFs in the US market with virtual assets decreasing. However, the price of the world's largest virtual currency is still expected to increase by more than 30% in 2024. Bitcoin's plunge also caused 100,450 derivatives accounts to be liquidated with a total loss value of up to 365 million USD. Spot ETF fever has sent bitcoin to a record high of nearly $74,000. However, the decline in expectations about the Fed's interest rate cuts has caused capital flows into investment products to decrease significantly. The Fed decided to keep interest rates unchanged after the meeting. Since last year, US operating interest rates have always been in the range of 5.25-5.5%. The macro backdrop is not favorable for highly liquid assets like cryptocurrencies. Tough operating policies have tightened liquidity since mid-April," Mr. Geoff Kendrick, head of digital asset research at Standard Chartered Bank, shared with CNBC. Sharing the same view, Zach Pandl, head of research at digital assets firm Grayscale Investments, said higher real interest rates have supported the USD and put pressure on bitcoin over the past month. #Fomc #bitcoin
According to estimates by Ethan Vera, chief executive officer at cryptocurrency mining service provider Luxor Technology in Seattle (USA), about 600,000 S19 series Bitcoin mining machines are leaving the US. This is considered the most popular excavator line in use. Miners are looking to countries like Ethiopia and Nigeria to reduce Bitcoin mining costs "There is more risk in locating the machines in Africa but I have to move them there. Cheaper electricity means it will take less time to recover overhead costs. At the same time, labor and construction materials are also much cheaper," Nuo Xu said.
However, not all Bitcoin mining companies in the US can move elsewhere. This process becomes even more difficult for publicly traded companies because they are also under pressure from risk-averse shareholders. In addition, moving also has many different risks such as transportation costs, damage and security concerns.
Bit Digital, one of the largest Bitcoin mining companies, is being forced to keep its old mining rigs idle in a warehouse in Houston.
"Basically, these machines are just sitting idle. However, they are still kept because when Bitcoin prices increase, the machines can still make a profit," said CEO Sam Tabar.
Bitcoin miners have been preparing for the halving for years and are spending a lot of money to replace old hardware. According to TheMinerMag, 13 leading Bitcoin mining companies, including Riot Platforms and CleanSpark, have ordered more than $1 billion worth of miners since February 2023. #bitcoin_halving #Bitcoin❗
In a recent announcement, the Venezuelan government said that the country has decided to ban Bitcoin mining activities. Venezuela's Ministry of Electricity revealed plans to disconnect cryptocurrency mining farms from the national electricity grid. The above decision aims to regulate excessive energy consumption, thereby ensuring a stable electricity supply for people. One more country bans Bitcoin mining - 1 Venezuela announced a ban on Bitcoin mining activities to ensure electricity for its people In a post on social media platform X, Venezuela's National Cryptocurrency Association also confirmed that Bitcoin mining is currently banned in the country.
This move comes in the context that the country often faces periodic power cuts, especially since 2019. This has significantly affected people's daily lives as well as their activities. economic activity in general. Mining Bitcoin and some other cryptocurrencies requires huge amounts of electrical energy. Before Venezuela, a number of other countries such as China and Kazakhstan have also introduced strict regulations or completely banned this activity. In mid-April, the fourth Bitcoin Halving event took place. This was a disruptive event for the entire cryptocurrency industry, involving the halving of block rewards for Bitcoin miners. After the halving takes place, miners will be the first to be affected when their rewards are reduced Keywords: #daobitcoin electronic money #TopCoinsJune2024 Bitcoin halving
Bitcoin (symbols: BTC, XBT, ) is a cryptocurrency, invented by an anonymous individual or organization using the name Satoshi Nakamoto as open source software since 2009. Bitcoin can be exchanged directly using an Internet-connected device without going through an intermediary financial institution Bitcoin works differently than typical currencies: there is no central bank that manages it, and the system The system operates based on a peer-to-peer network protocol on the Internet. Bitcoin supply is automatic, limited, divided according to a predetermined schedule based on algorithms. Bitcoins are issued to Bitcoin "mining" computers as compensation for verifying Bitcoin transactions and recording them in a distributed ledger in a peer-to-peer network, via blockchain technology. This ledger uses Bitcoin as the unit of accounting. Each bitcoin can be divided into 100 million smaller units called satoshis. Transaction fees may apply for new transactions depending on network resources. In addition to transaction fees, miners are also compensated for creating blocks containing transaction logs. Every 10 minutes, a new block is created with an allocated amount of Bitcoin. The number of bitcoins allocated per block depends on the network's uptime. In May 2020, 6.25 bitcoins were allocated per new block. The rate of inflation will halve to 3,125 bitcoins around May 2024 and continue to halve every four years until a total of 21 million Bitcoins are issued in 2140.#btc #lichsubitcoin $BTC
Use 10,000 Bitcoin to buy 2 cakes. This incident took place on May 22, 2010. Since then, this day every year has been remembered by the cryptocurrency community as "pizza day". Laszlo Hanyecz is a software developer from Florida, USA. On May 22, 2010, Hanyecz used 10,000 Bitcoin to exchange for 2 pizzas. This is considered the first commercial transaction using cryptocurrency.
I just want to tell everyone that I successfully exchanged 10,000 Bitcoin for pizza," Hanyecz shared about the incident on the BitcoinTalk forum 14 years ago.
At that time, 10,000 Bitcoins were worth about 41 USD. Currently, each Bitcoin is trading around 70,040 USD. Thus, the above Bitcoin amount corresponds to more than 700 million USD when considered at the present time. Bitcoin is currently the world's largest electronic currency with a capitalization value of nearly 1,400 billion USD. However, Bitcoin mining activities also cause a lot of controversy related to energy use and environmental protection. Recently, the Venezuelan government decided to ban Bitcoin mining activities. Venezuela's Ministry of Electricity revealed plans to disconnect cryptocurrency mining farms from the national electricity grid. This move comes in the context that the country often faces periodic power cuts, especially since 2019. The above decision aims to regulate excessive energy consumption, thereby ensure stable electricity supply for people.