Circle announced plans to launch cirBTC, a wrapped Bitcoin token backed 1:1 by bitcoin on the Ethereum network, targeting institutional users like OTC desks and lending protocols. Wrapped Bitcoin enables BTC to be used on Ethereum, providing access to decentralized finance applications. This move positions Circle alongside other major players like BitGo and Coinbase, who have also introduced wrapped Bitcoin products to meet growing institutional demand. cirBTC will also be available on Circle's Arc blockchain and integrated with the Circle Mint platform, emphasizing security and neutrality.
BNB Chain completed its 36th quarterly token burn by sending 1,615,827.795 BNB tokens, valued at nearly $932 million, to dead wallets. This burn reduces the total BNB supply to 133,166,127.91 tokens as part of an ongoing auto-burn system aimed at low...
Binance announced an $800,000 XRP airdrop with strict eligibility rules including full KYC verification and regional bans for residents of Canada, Japan, Iran, North Korea, and much of Europe due to regulatory compliance. Participants must hold at le...
BNB Chain completed its 36th quarterly token burn, permanently removing 1.61 million BNB tokens valued at approximately $932 million. This burn reduced the total BNB supply to about 133.17 million, moving closer to the long-term goal of 100 million t...
BNB Smart Chain completed its 36th quarterly token burn by destroying 1.62 million BNB tokens valued at $932 million, bringing the total burned tokens to over 67 million. This auto-burn mechanism adjusts the number of tokens destroyed based on BNB's ...
Bitcoin surged nearly 3.6% to around $64,800 after U.S. inflation data showed a bigger-than-expected slowdown in June, with headline inflation dropping to 3.5% and core inflation easing to 2.6%. This cooling inflation sharply reduced market expectati...
