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Crypto-News-Flash

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Binance Teams Up With Kyrgyzstan To Bring Crypto Payments

  • Binance has signed an MoU with Kyrgyzstan to expand crypto payments and blockchain education through Binance Pay and Binance Academy.
  • The collaboration aims to introduce Binance Pay for easier crypto transactions and provide blockchain education in Kyrgyzstan, with support from the country's President.
  • Binance's retail dominance is at 89.6%, indicating that most users on their platform are individuals, not institutions or large investors.
  • In other news, Binance is involved in legal issues in Nigeria, where the government is demanding $81.5 billion in compensation. However, Binance.US has reactivated full USD services for eligible customers.

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Mettisglobal

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PCC achieves milestone in global crypto landscape in 50 days

  • Pakistan Crypto Council (PCC) has made significant progress in the global crypto industry within just fifty days of its establishment on March 14, 2025.
  • PCC appointed Changpeng Zhao (CZ), founder of Binance, as a strategic advisor, marking an unprecedented achievement for Pakistan.
  • PCC signed a partnership with World Liberty Financial (WLF) backed by former President Donald Trump to promote stablecoins and blockchain initiatives in Pakistan.
  • PCC's proactive approach to crypto diplomacy has garnered international recognition, including collaborations with Malaysia and upcoming visits from crypto innovators like Justin Sun.

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Crypto-News-Flash

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Apple Loosens NFT Rules—Here’s What It Means for Crypto Developers

  • Apple has loosened its rules regarding NFTs, allowing external links for purchases and secondary marketplaces while still prohibiting in-app crypto mining and token-based rewards.
  • The change in policy follows a ruling from the U.S. District Court in the Epic Games antitrust case, challenging Apple's control over in-app purchases and potentially fostering more competition in the app marketplace.
  • Developers now have more flexibility with NFT-related services in apps, such as minting, listing, and transferring. They can also display NFT collections owned by others and provide external links for off-platform NFT buys.
  • While Apple's new guidelines allow for off-platform NFT purchases, apps are still prohibited from engaging in cryptocurrency mining, offering token-based rewards, or accepting cryptocurrency as payment within the app.

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TronWeekly

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Binance Brings Crypto Payments to Kyrgyzstan Through New Deal

  • Binance partners with the Kyrgyz government to introduce crypto payment systems and blockchain education programs.
  • Kyrgyzstan is advancing its own central bank digital currency, with President Japarov signing a law allowing a pilot for the 'digital som.'
  • Binance will launch Binance Pay in Kyrgyzstan, enabling locals and tourists to use cryptocurrencies for daily transactions.
  • Efforts include collaboration with Binance Academy to offer impactful blockchain courses and promote understanding of digital assets in Kyrgyzstan.

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TronWeekly

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Banxa’s KYB Approval Propels Pi Coin to New Heights in Global Market 

  • Banxa's KYB approval allows Pi coin to be purchased in over 100 countries, enhancing Pi Network's market adoption.
  • Banxa joins top exchanges like MEXC and Bitget in receiving Pi Network's KYB approval, with BitMart and HTX expected to follow soon.
  • Pi Network's partnership with Stellar and OKX aims to drive Pi coin adoption in the cryptocurrency market.
  • Pi Network's strict KYC and KYB procedures increase credibility, with speculation around possible listing on Binance to enhance market visibility.

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Crypto-News-Flash

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Bitcoin Traders Are Divided, But Binance Metrics Offer Clues

  • Binance funding rates have turned negative, indicating a rise in short pressure and shifting trader sentiment.
  • Whale activity and long positions surged, suggesting accumulation despite overall market caution.
  • Bitcoin's open interest hit an all-time high of $12 billion, but dropped to $7.5 billion after a correction, signaling a mass purge of overcrowded long positions.
  • Data shows an increase in addresses holding more than 1,000 BTC, along with a rise in whale trading volume and institutional accumulation despite market uncertainty.

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TronWeekly

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SUI price dips 3.89% amid bullish signals and Claynosaurz partnership boost”

  • SUI price shows short-term weakness despite a bullish market structure.
  • Technical indicators suggest overbought conditions, leading to cautious optimism among commentators.
  • Strategic partnership between SUI and Claynosaurz aims to boost long-term Web3 adoption potential with immersive and interactive NFT entertainment experiences.
  • SUI token is currently trading at $3.33, down by 3.89% in the last 24 hours, with a minor pullback seen in the last seven days.

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Dev

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Bridging Open Source Funding with Gemini's Nifty Gateway

  • Gemini's Nifty Gateway is leveraging blockchain and NFTs to revolutionize open source software funding.
  • Tokenizing contributions and fostering community investment offers sustainable funding mechanisms.
  • Blockchain ensures transparency, while NFTs represent unique OSS assets.
  • Gemini's features include tokenized contributions, project milestone NFTs, exclusive NFT benefits, and corporate sponsorship opportunities.
  • Challenges like market volatility, IP concerns, and ethical considerations accompany NFT funding for OSS.
  • Future trends include advancements in blockchain infrastructure, hybrid funding models, and community-driven innovations.
  • Industry collaborations aim to balance innovation with ethical funding practices.
  • Gemini's Nifty Gateway offers a promising way to bridge traditional and blockchain-based funding for OSS sustainability.
  • Embracing blockchain and NFTs can lead to financial stability, transparency, and equitable recognition for developers.
  • The evolving funding landscape in open source development signifies a collaborative, community-driven future for technology.

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Dev

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Gemesis (OSP) and Indie Hacking: Revolutionizing the NFT Industry

  • Gemesis, an open-source platform, is transforming the NFT industry through indie hacking, empowering indie creators.
  • NFTs are unique digital assets verified by blockchain technology, offering transparency in ownership.
  • Gemesis leverages open-source collaboration, inviting developers and creators to innovate together.
  • Indie hacking promotes self-funded, independent innovation, enabling creators to mint NFTs and engage with communities directly.
  • Gemesis focuses on decentralization and sustainable blockchain practices to reshape digital ownership and funding.
  • Key components of the ecosystem include NFTs, Gemesis (OSP), indie hacking, decentralization, and blockchain.
  • Gemesis uses decentralized governance, promotes open-source licensing, and integrates sustainable practices.
  • Indie hacking on Gemesis enables direct NFT minting, community integration, and enhanced personal branding for creators.
  • Gemesis employs smart contracts, interoperability, and scalability solutions to support its ecosystem.
  • The platform facilitates various use cases like digital art, gaming assets, and community funding models.

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Medium

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Blades of the Void: Where Skill Meets Strategy and Rewards

  • Blades of the Void is a unique game where players can earn $VOID tokens, loot boxes, and upgrade materials by participating in matches against real opponents or AI missions.
  • The game operates on a player-owned economy, allowing players to own and trade in-game assets like characters, weapons, armor, mounts, and land as NFTs on open markets.
  • Players can stake claim to land in the game, build structures for passive income or clan support, and use the merging system to upgrade items into rarer, more powerful versions.
  • Blades of the Void rewards time, skill, and strategy rather than pay-to-win models, offering earning opportunities through tournaments, seasonal events, and future content updates.

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Bitcoinist

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Ethereum’s Exchange Supply Drops To New Lows As ETH’s Price Closes Another Bearish Month

  • Ethereum's price is showing strong upward movements near $1,900, with a sharp drop in exchange reserves indicating investors are moving ETH into long-term storage.
  • Investors withdrawing ETH from major exchanges like Binance reflects a positive sentiment towards Ethereum's long-term prospects amidst the ongoing bull market.
  • Data reveals Ethereum's supply on exchanges has decreased significantly, historically preceding price rises, suggesting a potential continuation of the current uptrend.
  • Though Ethereum has closed another month in a bearish style, technical analysis indicates a potential end to the negative streak as the altcoin shows signs of a bullish outlook.

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TronWeekly

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Binance Moves $2.36B in Bitcoin: What’s Behind the Massive Transfer?

  • Binance transferred 25,177 BTC worth $2.36B on April 25, 2025, sparking market interest in the purpose of the transaction.
  • The transfer was an internal movement within Binance's wallets, with no external withdrawals or user involvement observed.
  • Binance plans to address the internal wallet transfer in its May 1 Proof of Reserves report to clarify the situation for the market.
  • The significant Bitcoin transfer by Binance is seen as a routine step for security and compliance, with exchanges often distributing funds across wallets to manage risk.

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Crypto-News-Flash

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Binance and Bithumb Back IOTA Rebased Upgrade Set for Next Week

  • The IOTA Rebased mainnet upgrade is scheduled for May 5, with support announced by exchanges like Binance and Bithumb.
  • Binance highlighted that the upgrade would start at 7:00 UTC, with deposits and withdrawals disabled an hour prior to ensure stability.
  • Users are advised to transition to a new official wallet as the current Firefly will not be supported post-upgrade. No token migration is necessary.
  • The IOTA EVM will be operational after the upgrade, with plans for 150 validators in the coming months. Projects are gearing up to deploy on the mainnet, with IOTA's price showing positive indicators.

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Bitcoinist

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Trump’s World Liberty Financial Stablecoin Chosen For $2 Billion Binance Deal

  • Abu Dhabi investment firm invests $2 billion in Binance using a stablecoin launched by Donald Trump’s World Liberty Financial venture.
  • World Liberty Financial's stablecoin, USD1, backed by US Treasuries, cash, and equivalents, facilitated the investment announcement, marking it as one of the fastest-growing stablecoins in circulation.
  • Binance founder Changpeng Zhao met with World Liberty Financial co-founders, including Zach Witkoff, in Abu Dhabi, highlighting their collaboration despite Zhao's past legal issues.
  • World Liberty Financial’s USD1 stablecoin is set to be integrated into the Tron blockchain, associated with investor Justin Sun, creating potential conflicts of interest amidst regulatory and legal challenges faced by the Trump family.

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Cryptopotato

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$2.35 Billion in BTC Moved From Binance: Should Investors Be Alarmed?

  • A massive transfer of 25,177 BTC, valued at over $2.35 billion, was moved from one of Binance's known wallets on April 25.
  • Speculations arose within the community about whales withdrawing funds or a potential hack, but analysis suggests it was an internal transfer.
  • CryptoQuant's analyst indicated that the transfer would be clarified in Binance's proof of reserves report, yet to be published as of now.
  • Despite concerns, there appears to be no imminent threat, with BTC's price remaining largely unaffected by the transfer.

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