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Binance Smart Chain (BSC) Receives $1 Billion to Bring the Next 1 Billion Crypto Users – Sponsored Bitcoin News

sponsored Binance, the world’s leading blockchain ecosystem and cryptocurrency platform, has launched a $1 billion Growth Fund for Binance Smart Chain, to accelerate adoption of digital assets and blockchain technology. In the span of next few months multiple programs will be set-up under its umbrella to empower the growth of

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FTX US Launches NFT Market — Users Can Trade and Mint Solana NFTs, ETH Support on the Way – News Bitcoin News

On Monday, FTX US announced the launch of its marketplace for non-fungible token (NFT) assets. FTX explained that the marketplace will feature Solana-based NFTs but support for Ethereum-based NFTs is coming in the near future. FTX US Reveals New Solana NFT Market, Plans to Support Ethereum in the Near Future West Realm

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Arcane Research predicts 700 million Lightning Network users by 2030

The research unit of Arcane Crypto predicts the Lightning Network will go parabolic as adoption of the Bitcoin layer-two payment protocol ramps up over the decade. Arcane Research published the “State of Lightning” report on Oct. 5, and analyzed the Lightning Network in terms of current capacity, wallet payment volume,

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Sync Network Combines DeFi & NFTs to Create Real Use-Cases for NFT Users

At this point, non-fungible tokens, popularly known as NFTs, need no introduction. A by-product of blockchain technology, these digital collectibles have seemingly established themselves as digital diamonds and created immense new opportunities in industries like art, entertainment, and gaming. However, while NFT sales are skyrocketing, financial experts from across the globe

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Robinhood launches 24/7 phone support, crypto users included

Popular trading app Robinhood announced Tuesday that it has launched round-the-clock phone support to better serve its ever-growing userbase, including the millions of users who’ve signed up to access cryptocurrency investments. Users of the app will now be able to speak with a live customer service representative 24 hours a day,

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MetaMask Adds Custodians BitGo, Qredo, Cactus in Push for Institutional DeFi Users — CoinDesk

BitGo Managing Director Joe Bruzzesi told CoinDesk the partnership will involve MetaMask Institutional being integrated with BitGo wallets. He says that’s significant because it “validates the growing appetite for institutional investors to participate in DeFi with the highest level of security possible.” Original Source

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Axie Infinity Nears 2M Daily Active Users as Creator Raises $152M Series B — CoinDesk

“Sky Mavis’ marquee game, Axie Infinity, has introduced a new way for anyone to turn their time into money through Play-to-Earn, a new mechanic that allows gamers to transform their skills and time into earnings and distribution rights for tokenized in-game items,” said Arianna Simpson, general partner at Andreessen Horowitz. Original

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KuCoin Tells Users in China to Move Funds to ‘Other Platforms’ Before December — CoinDesk

Late last month, Chinese authorities ordered a fresh crackdown on crypto mining and outlawed virtually all crypto trading activities in what some defined as its toughest measures against crypto in years. During that time the market experienced a modest sell-off as bitcoin fell roughly 4.5% on the news, from around

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Korean crypto exchange Upbit to halt withdrawals for unverified users

South Korean cryptocurrency exchange Upbit will soon halt services for unverified users.On Oct. 2 the company officially announced a set of changes to its customer verification system in compliance with South Korea’s mandatory Anti-Money Laundering (AML) requirements.According to the announcement, Upbit will start gradually limiting services for unverified users this week,

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