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Bloomberg Businessweek has apologized to Binance and its co-founder Changpeng Zhao. The apology relates to a 2022 story. It wrongly called Zhao the head of a "Ponzi scheme". Modern Media CL, Bloomberg's publisher, said sorry in their 250th edition. They want to fix past mistakes. They aim to boost

BNB Chain, the blockchain network founded by Binance, has unveiled a new layer-2 solution. It's called opBNB. The testnet launched on June 19. OpBNB is based on the Optimism OP Stack. Binance claims it will boost security and scalability. The new chain is compatible with Ethereum Virtual Machine (E

A new study by CoinWire predicts a massive surge in global cryptocurrency trading. The volume is expected to exceed $108 trillion by the end of 2024, and that would be a nearly 90% increase from 2022 levels, which is absolutely astounding. CoinWire's methodology involved analyzing centralized excha

A new multichain Play-to-Earn (P2E) meme coin, PlayDoge ($PLAY), has raised $5.4 million in its first month of presale. Rumor has it, it might become 'the new meme coin king'. Not everybody believes it, though. Several YouTube crypto analysts have highlighted the token as a promising presale opport

A significant Ethereum (ETH) transaction caught the attention of crypto analysts over the weekend. On-chain data revealed a single entity withdrew over $206 million worth of ETH from Bitfinex. What is this whale up to? Lookonchain suggests the whale is likely Abraxas Capital Management. it is a fam