Morgan Stanley has recently issued a report titled Cryptocurrency 201: What Is Ethereum?, in which the investment banking giant put the world’s second-largest cryptocurrency under the microscope and detailed why it could lose market share to Proof-of-Stake (PoS) competitors in the future.
On Saturday, the leading non-fungible token (NFT) marketplace suffered an attack, which saw users lose roughly $1.7 million worth of digital collectibles. According to Devin Finzer, co-founder and CEO of OpenSea, the marketplace appears to have been a victim of “a phishing attack originating outside of OpenSea’s website.”
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On Tuesday, the Binance cryptocurrency exchange announced it is rebranding its flagship products to reflect recent developments in the decentralized finance (DeFi) space and the growing proliferation of metaverse commerce.
Binance, the world’s most popular digital trading platform, has announced a new Launchpad project. Binance users will be able to participate in the League of Kingdoms (LOKA) initial exchange offering (IEO) with their Binance Coin (BNB) funds. 25 million LOKA tokens are allocated for the IEO at a sale price of 0.16 USD per token.
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Binance, the world’s largest cryptocurrency trading platform has inked a strategic partnership deal with YG Entertainment, South Korea’s leading entertainment agency. The newly announced collaboration will reportedly see the two companies work on a wide array of blockchain products and services, including non-fungible tokens (NFTs), blockchain-based gaming, and the metaverse.
Binance, the world’s largest digital asset exchange, has introduced Anchor Protocol (ANC) on its Launchpool platform. Binance users will have the opportunity to use their Binance USD (BUSD), Binance Coin (BNB), and Terra (LUNA) funds to earn staking rewards in ANC tokens. The farming period starts on January 26 and ends on February 24.
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