BounceBit Overview & Spotlights Seed Round: $6M raised and 2 strategic rounds from Binance Labs and OKX Ventures$700M Total Value Locked99,118 Unique Active Users100,000 $BB Megadrop Users687K Users in BounceClub
Join $BB Megadrop with $BNB and $BTC to receive huge airdrops from #Binance Now https://www.binance.com/en/megadrop?ref=KCLHB03N
Let’s dive into #Bouncebit
1/ Bouncebit Overview 2/ Price Predictions 3/ $BB Use cases 4/ How to Join $BB Megadrop
#BOUNCEBITLAUNCHPOOL #Megadrop
1/ Overview BounceBit is the pioneer native BTC restaking chain. The network is secured by Bitcoin and native BounceBit token staking.
The project’s Proof-of-Stake mechanism provides a new dual-token staking system, using BTC security with full EVM compatibility.
2/ Price Predictions
Compared with other projects in restaking narratives, $PENDLE $ETHFI $REZ, the average market cap of these projects is around $340M. We think $BB will be slightly higher around this market cap of $350M - $400M because of the FOMO of this Bitcoin restaking project. Initial Circulating Supply When listed on Binance of $BB is 19.5% ( 409.5M $BB), therefore, the price of $BB could be around 0.8–1$.
3/ $BB Use cases The BounceBit economy - Three main actors are part of the BounceBit economy:
• Users: Network participants submit transactions to BounceBit. • BB Holders: Token holders can delegate their tokens to validators in order to participate in the proof-of-stake consensus mechanism. Holders will also have the option to participate in BounceBit governance. • Node operators: Execution and processing of transactions on the BounceBit chain is handled by validators that operate their own node.
Don’t miss the last chances to get FREE $BB from #Binance MEGADROP, Register Now https://www.binance.com/en/megadrop?ref=KCLHB03N
4/ How to Join $BB Megadrop - If you don't have a Binance account, register via the below link to get a 20% discount trading fee: https://accounts.binance.com/en/register?ref=KCLHB03N
🔹Eligible Users
✓ KYC on @Binance ✓ Users in Campaign Regions ✓ Snapshot period: 26/04 - 13/05
🔹 $BNB Quests
✓ Go to your Binance App on Phone ✓ Find Megadrop, Scroll down to Lock $BNB Section.
The more $BNB and the longer you lock, the better score rate you get.
🔹 $BTCB Quests - Binance Web3 Wallet
✓ Go to your Binance App, Click on the Wallets section (bottom right corner) ✓ Click on WEB3 tab to open Binance Web3 Wallet ✓ Create a wallet and Deposit around 10$ $BNB to your wallet. ✓ Swap 8$ $BNB to $BTCB (BNB Chain) on Binance Web3 Wallet and Deposit to @bounce_bit Dapp (Explore Section - Popular Dapps)
🔹 Verify @bounce_bit Quests ✓ Go back to Binance Megadrop on Binance Dapp, Scroll Down, and click "Verify". ✓ The system will show "Completed"
What are you waiting for? Deposit Small $BTCB to Earn FREE $BB Now
Renzo - a Strategy Manager and Liquid Restaking Token (LRT) for EigenLayer
🔥 Renzo Protocol Spotlights $3.3B Total Value Locked833M EigenLayer Points33.5% Restaking Market ShareTop 10 DeFi protocol by TVL7 Networks250k+ active community members
What is the next for $REZ?
🔹 Firstly, Farming Free $REZ on Binance Launchpool, Don’t miss it👇 https://launchpad.binance.com/en/launchpool/REZ_FDUSD?ref=KCLHB03N
🔹 Secondly, Take a deep dive into LRT & Renzo Ecosystem A thread: 🧵🔽
1/ Renzo Protocol Overview Renzo is built to promote the widespread adoption of Eigenlayer. It is the interface to the EigenLayer ecosystem securing Actively Validated Services (AVSs) and offering a higher yield than ETH staking. The protocol abstracts all complexity from the end-user and enables easy collaboration between them and EigenLayer node operators.
2.1/ $REZ Utility REZ will be used to vote on governance proposals on matters regarding the Renzo protocol, some of which will be key measures to the operations of the protocol, such as:
General risk management frameworks Deposit & collateral asset & concentration amounts Operator whitelisting Actively Validated Services (AVS) whitelisting Treasury and community grants
2.2/ Price Prediction
The total supply of $REZ is 10,000,000,000 and the circulating supply upon listing will be 1,050,000,000 (~10.50% of the total token supply.)
🔹 Compared with the most recent EtherFi fundraising, Renzo's seed round valuation of around $25M in Jan 2024 is not too impressive.
🔹However, Renzo TVL reached $3.33B ( EtherFi at $3.82B)
Besides, Renzo supports 7 Networks including ETH - ARB - BNB- MODE - BLAST - Linea - BASE with 250k+ active community members
🔹 $REZ is now OTC traded at 0.12$ on Whales Market with a market cap of $126M, but I think it could reach $0.2 - $0.25 at the listing due to the hype of restaking narrative on Binance.
3/ Key DeFi Integrations
Renzo Protocol has integrated with notable DeFi Dapps including Morpho, Balancer, Curve, Pendle, Gearbox, and Compound.
Besides, Renzo’s ezETH integration with Chainlink allows for new DeFi integrations that require Chainlink price feeds, including Compound Finance.
After reviewing various Oraclere solutions, Renzo integrated Chainlink Price Feeds because they provide a multitude of critical features such as: High-Quality DataSecure Node OperatorsDecentralized NetworkReputation System
4/ $REZ is Now Live on Binance Launchpool Binance users and the community can now Earn $REZ by easily staking $FDUSD and $BNB from April 24th to 29th.
85% of $REZ rewards are distributed to the $BNB Pool 15% of $REZ rewards are distributed to the $FDUSD pool
Seize the huge opportunity to earn FREE $REZ now https://launchpad.binance.com/en/launchpool/REZ_FDUSD?ref=KCLHB03N
5/ How to Earn 2x - 3x ezPoints on DEX LP
For EigenLayer Restaking points, the pool can only accumulate 1 point per hour per ezETH in the pool. This will get redistributed pro-rata to the LPs.
For Renzo ezPoints, LPs receive 2x the value in the pool per hour. The pool will accumulate 2 points per ezETH or wETH per hour held in the pool. This will get redistributed pro-rata to the LPs. 5.1/ 3x ezPoints Boost on selected DEX LP!
Users who supply liquidity between April 20th-27th, 9PM UTC on the following DEXs will receive 3x ezPoints:
• Aura • Balancer ETH • Balancer ARB • Kim Mode • Nile Linea • Thruster BLAST • Juice v3 • Pendle ETH (new pools) • Pendle BNB (new pools)
Find more pools https://docs.renzoprotocol.com/docs/integrations/defi
Unveiling the Potential of $BIGF: Exploring Bigfoot Monster's Journey in the Meme Coin VR Universe
In the bustling realm of cryptocurrency, where innovation and imagination collide, a new legend is emerging – Bigfoot Monster ($BIGF). But $BIGF is more than just another meme coin; it's a captivating narrative woven into the fabric of the metaverse, inviting adventurers to embark on a journey like no other. Embracing the Meme Coin Phenomenon In recent years, meme coins have captured the attention of the crypto community, propelled by the likes of Dogecoin and Shiba Inu. These coins, often born out of internet culture and viral trends, have transcended their initial novelty to become legitimate players in the crypto space. $BIGF follows in the footsteps of its predecessors, embracing the meme coin phenomenon while carving out its own unique identity.
Unveiling Bigfoot Monster VR and Metaverse But $BIGF is more than just a token; it's a gateway to a world of adventure and exploration. At the heart of the Bigfoot Monster universe lies its immersive VR and Metaverse experience. Imagine stepping into a virtual forest on a moonlit night, surrounded by the mysteries of the wilderness and the allure of the unknown. Bigfoot Monster VR brings this vision to life, offering users a chance to immerse themselves in an otherworldly adventure.
NFTs: Unlocking the Treasures of the Crypto Woods In addition to its VR experience, Bigfoot Monster boasts a collection of 2D NFTs that serve as digital artifacts within the metaverse. These NFTs, minted on the Bigfoot Monster platform, offer collectors a chance to own a piece of the legend and participate in the ongoing saga of discovery and exploration. Each NFT is a symbol of freedom and adventure, inviting its owner to embark on their own journey within the surreal realm of Bigfoot Monster.
The Potential for Growth As the crypto landscape continues to evolve, $BIGF stands poised to capitalize on the growing interest in meme coins and immersive experiences. With its unique blend of meme culture, virtual reality, and NFTs, Bigfoot Monster represents a new frontier in the world of cryptocurrency – one where storytelling and exploration converge to create a truly unforgettable experience.
Join the Adventure So, are you ready to join the adventure? Whether you're a seasoned crypto enthusiast or a newcomer to the world of digital currencies, there's never been a better time to dive into the world of Bigfoot Monster. Explore the depths of the metaverse, unlock the treasures hidden within the crypto woods, and embrace the thrill of the unknown with Bigfoot Monster ($BIGF). The journey awaits – are you ready to take the first step?
Bigfoot Monster ($BIGF): Unveiling the Cryptid Currency of Tomorrow
Amidst the dense foliage of the crypto forest, a new legend is taking root, capturing the hearts of adventurers and crypto enthusiasts alike. We introduce you to the Bigfoot Monster ($BIGF) — not just a token, but a burgeoning saga that promises to bridge the gap between lore and digital legacy. Inspired by the enigmatic tales of Bigfoot, $BIGF is here to embark on a trailblazing journey through the blockchain wilderness. 👣 An Epic Quest for Digital Discovery
📈 The Next Doge? As $BIGF steps into the limelight, it carries the potential to follow in the pawprints of its meme predecessor, Dogecoin. But $BIGF isn't just riding on the coattails of a trend; it is forging its own path with unique offerings that resonate with the Bigfoot lore enthusiasts and the crypto-savvy alike.
Join the Legend, Embrace the Mystery Bigfoot Monster ($BIGF) is more than a token; it's a narrative woven into the fabric of the blockchain universe. As you prepare for the holidays, let your crypto portfolio tell a story of adventure, discovery, and belief in the extraordinary. Join the Bigfoot Monster movement, and let's uncover the treasures hidden within the crypto woods together. Hold on to your compasses, crypto adventurers — the journey with $BIGF is just beginning!
Bitcoin ordinals are unique digital assets on the Bitcoin blockchain with potential use cases in art, gaming, and entertainment, and gained popularity especially through Bitcoin Ordinal NFT collections.
What are Bitcoin Ordinals? Bitcoin ordinals are a new type of digital asset that has been gaining attention in the cryptocurrency world. They are unique tokens that are created by assigning a specific ordinal number to a Bitcoin transaction. In other words, Bitcoin ordinals are a way of tracking the order in which Bitcoin transactions occur on the blockchain. To understand Bitcoin ordinals, it is important to first understand how Bitcoin transactions work. When someone sends Bitcoin to another person, the transaction is recorded on the blockchain, which is a public ledger that records all Bitcoin transactions. Each transaction is assigned a unique identifier called a transaction ID or TXID. Bitcoin ordinals take this a step further by assigning a specific ordinal number to each transaction based on the order in which it was included in a block. For example, the first transaction in a block would be assigned ordinal number 1, the second transaction would be assigned ordinal number 2, and so on. Bitcoin ordinals are created using a protocol called OP_RETURN, which allows users to embed data in a Bitcoin transaction that is not related to the transfer of Bitcoin. This means that Bitcoin ordinals can be created without affecting the actual transfer of Bitcoin between users. Technical Aspects of Bitcoin Ordinals Inscriptions In the context of Bitcoin ordinals, Inscriptions refer to the ability to add arbitrary content to the smallest unit of Bitcoin, the Satoshi. This allows for the creation of unique digital assets, similar to Non-Fungible Tokens (NFTs), that can be tracked and transferred using ordinal theory. Inscriptions are made possible by the Ordinals protocol, which was created in January 2023. The protocol indexes every Satoshi and allows users to inscribe any file on-chain on Bitcoin. The inscribed data can include text, images, videos, or any other file format. The inscriptions are stored on the Bitcoin base chain and are as durable, immutable, secure, and decentralized as Bitcoin itself. The use of Inscriptions with ordinal theory allows for the creation of digital collectibles or NFTs that are unique, verifiable, and tradable. Each Inscription represents a distinct identity on the Bitcoin blockchain and can be used to represent anything from virtual artwork to real-world assets. Additionally, because Inscriptions are stored on the Bitcoin blockchain, they can be easily accessed and transferred, making them a powerful tool for creating decentralized digital assets. Sat rarity There are a limited number of satoshis in circulation. There are a total of 2.1 quadrillion satoshis in existence, which is the maximum amount that can ever be created on the Bitcoin network. As more people use Bitcoin, the number of available satoshis will decrease, making them more scarce and potentially increasing their value over time. This scarcity is what makes Bitcoin ordinals and the use of inscriptions so interesting. By inscribing arbitrary content on a satoshi, individuals can create unique and scarce digital collectibles or NFTs that can be shared and traded on the Bitcoin network. This adds a new layer of utility and value to Bitcoin beyond its use as a digital currency. The use of ordinals theory to track and transfer these unique assets provides a secure and decentralized way of managing digital ownership, further increasing the potential value of Bitcoin ordinals. The rarity of satoshis is important in determining their value as collectibles, making them attractive to Bitcoin Ordinals collectors. Several factors could influence the rarity of satoshis. One of them is the periodic events that occur in Bitcoin, such as new block mining, difficulty adjustments, and halvings. These events happen at varying frequencies, and their occurrence could make satoshis minted during those periods more valuable. For instance, satoshis that are minted after a halving event could be considered more valuable than others. Apart from periodic events, satoshis could also hold value based on unique qualities of the number itself or significant events in Bitcoin’s history. For example, satoshis from block 477,120 that marked the activation of SegWit, or the last ordinal that will ever be mined, could potentially carry significant value for collectors. These satoshis are often referred to as “exotic,” and their classification is subjective. Bitcoin Ordinals Wallets
What are Bitcoin Ordinals? Bitcoin ordinals are a new type of digital asset that has been gaining attention in the cryptocurrency world. They are unique tokens that are created by assigning a specific ordinal number to a Bitcoin transaction. In other words, Bitcoin ordinals are a way of tracking the order in which Bitcoin transactions occur on the blockchain. To understand Bitcoin ordinals, it is important to first understand how Bitcoin transactions work. When someone sends Bitcoin to another person, the transaction is recorded on the blockchain, which is a public ledger that records all Bitcoin transactions. Each transaction is assigned a unique identifier called a transaction ID or TXID. Bitcoin ordinals take this a step further by assigning a specific ordinal number to each transaction based on the order in which it was included in a block. For example, the first transaction in a block would be assigned ordinal number 1, the second transaction would be assigned ordinal number 2, and so on. Bitcoin ordinals are created using a protocol called OP_RETURN, which allows users to embed data in a Bitcoin transaction that is not related to the transfer of Bitcoin. This means that Bitcoin ordinals can be created without affecting the actual transfer of Bitcoin between users. Technical Aspects of Bitcoin Ordinals Inscriptions In the context of Bitcoin ordinals, Inscriptions refer to the ability to add arbitrary content to the smallest unit of Bitcoin, the Satoshi. This allows for the creation of unique digital assets, similar to Non-Fungible Tokens (NFTs), that can be tracked and transferred using ordinal theory. Inscriptions are made possible by the Ordinals protocol, which was created in January 2023. The protocol indexes every Satoshi and allows users to inscribe any file on-chain on Bitcoin. The inscribed data can include text, images, videos, or any other file format. The inscriptions are stored on the Bitcoin base chain and are as durable, immutable, secure, and decentralized as Bitcoin itself. The use of Inscriptions with ordinal theory allows for the creation of digital collectibles or NFTs that are unique, verifiable, and tradable. Each Inscription represents a distinct identity on the Bitcoin blockchain and can be used to represent anything from virtual artwork to real-world assets. Additionally, because Inscriptions are stored on the Bitcoin blockchain, they can be easily accessed and transferred, making them a powerful tool for creating decentralized digital assets. Sat rarity There are a limited number of satoshis in circulation. There are a total of 2.1 quadrillion satoshis in existence, which is the maximum amount that can ever be created on the Bitcoin network. As more people use Bitcoin, the number of available satoshis will decrease, making them more scarce and potentially increasing their value over time. This scarcity is what makes Bitcoin ordinals and the use of inscriptions so interesting. By inscribing arbitrary content on a satoshi, individuals can create unique and scarce digital collectibles or NFTs that can be shared and traded on the Bitcoin network. This adds a new layer of utility and value to Bitcoin beyond its use as a digital currency. The use of ordinals theory to track and transfer these unique assets provides a secure and decentralized way of managing digital ownership, further increasing the potential value of Bitcoin ordinals. The rarity of satoshis is important in determining their value as collectibles, making them attractive to Bitcoin Ordinals collectors. Several factors could influence the rarity of satoshis. One of them is the periodic events that occur in Bitcoin, such as new block mining, difficulty adjustments, and halvings. These events happen at varying frequencies, and their occurrence could make satoshis minted during those periods more valuable. For instance, satoshis that are minted after a halving event could be considered more valuable than others. Apart from periodic events, satoshis could also hold value based on unique qualities of the number itself or significant events in Bitcoin’s history. For example, satoshis from block 477,120 that marked the activation of SegWit, or the last ordinal that will ever be mined, could potentially carry significant value for collectors. These satoshis are often referred to as “exotic,” and their classification is subjective. Bitcoin Ordinals Wallets
Source: Ordinals Wallet To mint and manage Bitcoin ordinals, users can utilize a variety of specialized wallets. The most popular options are Ordinals Wallet, Xverse Wallet, Hiro Wallet, and UniSat. Ordinals Wallet is a dedicated Bitcoin ordinal wallet that allows users to create and transfer ordinals. The wallet uses an intuitive interface that simplifies the creation of ordinals, making it accessible even to those without technical expertise. Xverse Wallet is another popular choice, offering a range of features beyond just ordinal management. The wallet supports multiple cryptocurrencies and allows for the creation of non-fungible tokens (NFTs) in addition to ordinals. Its intuitive interface and broad functionality make it a powerful tool for those looking to manage various digital assets. Hiro Wallet is a highly secure, non-custodial wallet that supports the creation and management of Bitcoin ordinals. The wallet utilizes advanced security measures such as biometric authentication and two-factor authentication to ensure the safety of user funds. UniSat is a decentralized platform that enables anyone to inscribe arbitrary data on the Bitcoin blockchain using ordinals. It also provides a marketplace where users can buy and sell these custom tokens, with prices determined by supply and demand. The platform is built on top of the Lightning Network, allowing faster and cheaper transactions than traditional Bitcoin blockchain transactions. With UniSat, users have full control over their tokens and can transfer them to any compatible wallet. Relevance of Bitcoin Ordinals Bitcoin ordinals have the potential to add significant value to the cryptocurrency ecosystem in several ways. Auditing Bitcoin ordinals can be used for auditing purposes, as they provide a transparent and immutable record of the order in which Bitcoin transactions occur on the blockchain. This can be useful for businesses and organizations that need to maintain accurate and reliable records of their financial transactions. New financial products and services Bitcoin ordinals can enable new types of financial instruments and contracts to be created on the blockchain. For example, Bitcoin ordinals can be used to create smart contracts that are triggered by specific Bitcoin transactions, such as the transfer of a certain amount of Bitcoin from one wallet to another. This can enable a wide range of new financial products and services to be developed on the blockchain. Organization and analysis of BTC transactions Bitcoin ordinals can provide a new way of organizing and analyzing Bitcoin transactions on the blockchain, which can lead to new insights and discoveries about the behavior of Bitcoin users and the overall health of the Bitcoin ecosystem. Potential Use Cases for Bitcoin Ordinals Supply chain management By tracking the order of Bitcoin transactions on the blockchain, Bitcoin ordinals can provide a transparent and immutable record of the movement of goods and products along the supply chain. This can help to prevent fraud and counterfeiting, and can provide consumers with greater confidence in the products they are purchasing. Digital identity By assigning a unique ordinal number to each Bitcoin transaction, Bitcoin ordinals can provide a way of verifying the identity of individuals and entities that are engaging in Bitcoin transactions. This can be useful for preventing fraud and for complying with regulatory requirements related to KYC and AML. Lending and borrowing By tracking the order of Bitcoin transactions on the blockchain, Bitcoin ordinals can provide a way of verifying the creditworthiness of borrowers and the legitimacy of lenders. This can enable new types of peer-to-peer lending platforms to be developed on the blockchain. DAOs and dApps Bitcoin ordinals can be used for creating decentralized autonomous organizations (DAOs) and other types of decentralized applications (dApps). By providing a transparent and immutable record of the order of Bitcoin transactions on the blockchain, Bitcoin ordinals can provide a way of creating decentralized governance structures and decision-making processes. Digital collectibles and non-fungible tokens (NFTs) By assigning a unique ordinal number to each Bitcoin transaction, Bitcoin ordinals can provide a way of verifying the authenticity of digital assets and collectibles. This enables new types of digital art and collectibles to be created on the blockchain. Pros of Bitcoin Ordinals Increased transparency By tracking the order of Bitcoin transactions on the blockchain, Bitcoin ordinals can provide a transparent and immutable record of the movement of funds. This helps to prevent fraud and other types of illegal activity, and can increase confidence in the Bitcoin ecosystem. Increased efficiency By automating the tracking and recording of Bitcoin transactions, Bitcoin ordinals help reduce the costs and time required for manual record-keeping and auditing. Potential to enable new types of financial innovation By providing a transparent and immutable record of the order of Bitcoin transactions, Bitcoin ordinals enable new types of financial instruments and contracts to be created on the blockchain. This can lead to new opportunities for investment, lending, and other financial services. Cons of Bitcoin Ordinals Privacy concerns By tracking the order of Bitcoin transactions on the blockchain, Bitcoin ordinals reveal information about the parties involved in those transactions, which can raise privacy concerns. Scalability As the number of Bitcoin transactions increases, it may become more difficult and resource-intensive to track and record all of those transactions using Bitcoin ordinals. This could potentially lead to slower transaction processing times and higher costs for users. Technical challenges and implementation issues As with any new technology, there may be technical hurdles and implementation challenges that need to be overcome in order to successfully implement Bitcoin ordinals in the cryptocurrency ecosystem.
BNB Chain has successfully completed its 25th quarterly BNB burn. The burn includes the Auto-Burn as well as the Pioneer Burn Program. Here are the facts and figures from the latest burn: Auto-Burn (Total BNB burned): 2,139,182.98 BNBApproximate value in USD: ~$501,617,017Transaction ID (TXID) for BNB burn: View transactionBNB burned from the Pioneer Burn Program: 314.69 BNBReal Burn (Auto-Burn - Pioneer Burn): 2,138,868.29 BNB What You Need to Know About the BNB Burn BNB is the cryptocurrency that fuels the BNB Chain ecosystem. It acts as the native coin of the BNB Beacon Chain, the BNB Smart Chain, and the opBNB L2s and BNB Greenfield blockchain. It also serves as a governance token and allows holders to transact with projects built on those chains. When BNB was launched in 2017, a commitment was made to remove 100 million BNB (half of its total supply) from circulation through a burning process. This ultimately will keep only 100 million BNB in circulation. This commitment is automatically honored each quarter and calculated according to the Auto-Burn formula. The BNB Auto-Burn provides an independently auditable, objective process. The figures are reported quarterly, and the mechanism is independent of the Binance centralized exchange. On top of that, BNB Chain continues to burn a portion of BNB Chain’s gas fees in real-time using the Real-Time-Burn mechanism. To learn more about the BNB Burn, refer to this Binance Academy article. Pioneer Burn Program The Pioneer Burn Program also permanently removes an amount of BNB from circulation equal to provable lost funds by eligible BNB Chain users. This number is then counted towards the total quarterly burn figure. More details can be found here. When it comes to the Pioneer Burn, BNB Auto-Burn, and Real-Time-Burn (BEP95) mechanisms, everything has stayed the same as in the 24th BNB burn. As always, these are transparent and independently verifiable. Since the introduction of BEP95, roughly 146,650 BNB has been burnt under this mechanism. Further Reading 24th BNB BurnWhat Is BNB?What Is a Coin Burn?What Is BNB Greenfield?
Binance TR Demonstrates High Security & Privacy Standards Through Global Certifications
2 November 2023, Istanbul, Turkey – Binance TR, Turkey’s leading crypto asset service provider, announced today that it has been awarded the ISO 27001 and ISO 27701 certifications for information security governance and privacy information management. By achieving this notable milestone, the local exchange platform demonstrates its continued commitment to offer Turkish residents a safe and secure platform within the blockchain space.
Binance TR secured the ISO 27001 and ISO 27701 certifications for meeting internationally recognized standards in information security governance and privacy information management respectively. Since its launch in late 2020, developing robust security and privacy measures and processes has been among the most important priorities for Binance TR. The ISO certifications are evidence of the consistent efforts and resources dedicated by the company on these fronts.
BSI – an external and independent multinational certification body with over 100 years of experience shaping best practices – awarded the two ISO certifications to Binance TR this month after conducting a thorough and comprehensive evaluation of the security and privacy domains of its operations.
About Binance TR
Binance TR is a crypto asset service provider established in 2020 in accordance with Turkish regulations. The platform operates exclusively in Turkey and is subject to obligations set forth by MASAK (Financial Crimes Investigation Board), a Turkish financial intelligence unit. Binance TR offers a comprehensive suite of services to its users, including 24/7 local fiat currency (Turkish Lira) deposits and withdrawals, spot market trading for over 130 Turkish Lira pairs, OTC conversion, automated investments, and secure digital wallet facilities.
Vitalik Buterin's Cryptic Monkey Tweet: Could $MONKEYS Be the Next Big Thing?
Cryptocurrency enthusiasts around the globe are buzzing with excitement following a recent tweet from Ethereum co-founder Vitalik Buterin, which featured an image of monkeys. This cryptic message has led many to speculate about the potential launch of a new token, aptly named $MONKEYS. In this blog, we will delve into the possibilities that this new token holds and discuss whether it could follow in the footsteps of meme-based cryptocurrencies such as Dogecoin (DOGE) and Shiba Inu (SHIB). On June 30th, Vitalik Buterin took to Twitter to post an image of monkeys, leaving the crypto community intrigued and rife with speculation. While Vitalik did not provide any context or comments accompanying the tweet, many have interpreted this as a nod towards the creation of a new token. Given Vitalik's influence and standing in the cryptocurrency world, this small gesture has sparked significant interest and discussion.
$MONKEYS: The New Meme Coin? If $MONKEYS were to be launched, it would join the ranks of other meme-based cryptocurrencies that have taken the market by storm. Dogecoin, initially created as a joke, has become one of the most well-known cryptocurrencies, with a strong community and market capitalization in the billions. Similarly, Shiba Inu has experienced explosive growth, showcasing the potential that meme coins hold. The Potential of $MONKEYS: Should $MONKEYS come to fruition, there are several factors that could contribute to its success: Community Support: The success of DOGE and SHIB can be largely attributed to their strong and passionate communities. $MONKEYS would need to foster a similar sense of camaraderie and enthusiasm amongst its holders.Celebrity Endorsement: DOGE, in particular, has benefited immensely from endorsements by high-profile individuals like Elon Musk. A public endorsement from Vitalik Buterin, one of the most respected figures in the crypto world, could provide $MONKEYS with unparalleled credibility and visibility.Utility and Use Cases: While meme coins are often criticized for their lack of intrinsic value, providing $MONKEYS with real-world utility could set it apart from its predecessors. Integrating $MONKEYS into decentralized finance (DeFi) platforms or other blockchain-based applications could enhance its value proposition.Marketing and Branding: Effective marketing and branding will be crucial for $MONKEYS to capture the public’s attention and distinguish itself in a crowded market. Conclusion While it remains to be seen whether Vitalik Buterin's monkey tweet is indeed a hint towards the launch of $MONKEYS, the speculation alone has ignited the crypto community's imagination. If $MONKEYS were to become a reality, and with the right combination of community support, celebrity endorsements, utility, and marketing, it could potentially emulate the success of other meme coins like DOGE and SHIB. Only time will tell if $MONKEYS will swing its way to the top of the crypto jungle.