A naukri.com initiative
NFT News
TronWeekly
2d
361
Image Credit: TronWeekly
Binance Investor Shift: Why Retail is Rising as Whale Activity Declines
- Whale inflows on Binance have decreased from $5 billion to $3 billion since April, suggesting a more cautious, long-term holding strategy.
- Retail investor inflows on Binance have increased from $12 billion to $15 billion, but remain below previous all-time highs, indicating lower consumer interest overall.
- CryptoQuant analyst Darkfost highlights the growing disparity between whale and retail behavior on Binance, offering insights into the evolving market sentiment.
- The divergence in whale and retail activity on Binance implies a shift in market dynamics, with whales showing more caution by holding onto Bitcoin while retail investors exhibit increased activity.
Read Full Article
21 Likes
TheNewsCrypto
2d
222
Ukraine Eyes National Bitcoin Reserve in Collaboration with Binance
- Ukraine is drafting a bill to create a national Bitcoin reserve, aiming to integrate digital assets into its national financial strategy.
- Binance will play a key advisory and strategic role in this initiative, potentially requiring legal reforms and clearer regulations surrounding digital currencies in Ukraine.
- Successful implementation of the Bitcoin reserve could boost Bitcoin's global credibility and investor confidence, paving the way for clearer regulations and more players in the market.
- This move by Ukraine highlights its aim to be at the forefront of digital asset integration at a national level, potentially influencing other countries to follow suit.
Read Full Article
13 Likes
Cryptopotato
3d
251
Image Credit: Cryptopotato
Binance Maintains Over 100% Bitcoin Reserve Ratio for 30 Months Straight
- Binance has maintained a reserve ratio above 100% for 30 consecutive months, holding 616,886 BTC to back customer net balances of 604,410 BTC.
- The exchange's proof-of-reserve initiative was in response to the FTX collapse, ensuring transparency through monthly attestations verified by on-chain experts and third-party auditors.
- Binance's strong asset backing and commitment to transparency have been lauded, with all figures matching on-chain data, dispelling selling rumors.
- Binance's steady reserve record has helped maintain market confidence, with the crypto company holding over $31 billion in stablecoins and experiencing a continuous rise in its native BNB token value.
Read Full Article
15 Likes
TheNewsCrypto
3d
116
Binance Research Report Highlights the Rise of DeFAI: Redefining the Future of On-Chain Finance
- DeFAI, the convergence of AI with DeFi, is transforming the financial landscape by introducing autonomous and transparent intelligent agents.
- DeFAI-related sectors have amassed over $11 billion in market capitalization as of May 2025, signifying a significant shift in the industry.
- The DeFAI stack consists of frameworks, agent protocols, AI agents, and agent marketplaces, creating a modular machine economy for financial operations.
- Autonomous DeFAI agents like Orbit and SwarmNode are revolutionizing liquidity management, asset trading, and governance within decentralized finance.
- Challenges facing DeFAI include issues of ownership, transparency, and governance, necessitating solutions like Agent DAOs and verifiable algorithms.
- Platforms like Virtuals Protocol and Wayfinder exemplify innovative approaches in DeFAI, promoting modular agent design and multi-agent orchestration.
- Agent marketplaces like Auto.fun and Genesis are pivotal in democratizing DeFAI by enabling agent discovery, customization, and monetization with minimal technical barriers.
- DeFAI's shift towards autonomous agents highlights the need for adaptive governance, open standards, and safeguards to prevent centralization and opaque execution.
- DeFAI serves as a new operating system for finance, offering efficiency, scalability, and democratization potential if designed with accountability, transparency, and decentralized control in mind.
- The future of DeFAI lies in balancing technological advancements with thoughtful design to ensure the evolution of a more intelligent and accessible financial ecosystem.
Read Full Article
6 Likes
Cryptopotato
3d
332
Image Credit: Cryptopotato
Important Warning Affecting All Binance Users: Details Here
- Scammers are pretending to be Binance support on platforms like Telegram to deceive users into clicking malicious links that steal their credentials or 2FA codes.
- Binance warns users to be cautious of phishing scams and always verify information before clicking on unknown links.
- Earlier this year, Binance users fell victim to SMS phishing scams where scammers claimed accounts were accessed from North Korea, leading users to transfer funds for a fake 'investigation.'
- Binance CEO emphasized the importance of individual vigilance as the first line of defense against such fraudulent activities, despite the exchange working around the clock to protect user assets.
Read Full Article
19 Likes
99Bitcoins
3d
148
Yuga Labs Transfers CryptoPunks IP: End of an Era for NFTs?
- Yuga Labs has transferred CryptoPunks IP to the Infinite Node Foundation, sparking debate on the future of NFTs.
- During the 2020-2021 bull market, CryptoPunks were highly coveted with values reaching millions of dollars.
- Yuga Labs' decision to transfer CryptoPunks' IP to NODE comes amidst a struggling NFT market.
- Following the announcement, CryptoPunks' trading volume surged by 170% to $2.8 million in 24 hours.
- In August 2021, the collection posted $691 million in total sales, but volumes have since declined.
- NODE, a California-based nonprofit, will display a curated CryptoPunks exhibition in Palo Alto to educate and engage with the collection.
- Yuga Labs' transfer of IP rights raises questions about the future of NFTs and their speculative nature as assets.
- Some view the transfer as a strategic move by Yuga Labs to focus on other projects like Bored Ape Yacht Club (BAYC).
- The financial details of the transfer remain private, sparking curiosity and speculations within the NFT community.
- The agreement between Yuga Labs and NODE aims to secure the future of CryptoPunks and provide accessibility for scholars, curators, and collectors.
Read Full Article
8 Likes
Hackernoon
3d
80
Image Credit: Hackernoon
NFTs May Be Entering Their Financial Renaissance
- Non-fungible tokens (NFTs) are unique digital assets on a blockchain, starting with applications like art.
- NFTs have evolved into NFT2.0, with focus on Defi NFT and financialization of collections.
- DeFi NFT has seen growth, tackling issues like fair distribution, liquidity, and capital efficiency.
- New models like dynamic pricing and refundable NFTs are changing the game.
- Fractionalization and marketplaces are enhancing liquidity and access to capital for NFT holders.
- Dynamic NFTs, fractionalized trading, and cross-platform utility are reshaping the NFT landscape.
- NFTs are being used to tokenize real-world assets like real estate and stocks.
- Community management rights have led to veNFTs becoming standard for reward distribution.
- The introduction of ERC-404 tokens integrates liquidity mechanisms for fractional NFT trading.
- NFT-backed lending protocols like NFTfi provide liquidity without selling assets.
Read Full Article
4 Likes
Crypto-News-Flash
3d
297
Image Credit: Crypto-News-Flash
Billions Pulled from Binance and Coinbase, What’s Going On?
- Significant amounts of BTC and ETH were withdrawn from Coinbase and Binance, indicating substantial institutional interest in the cryptocurrencies for the long term.
- Coinbase’s entrance into the S&P 500 saw a massive withdrawal of thousands of BTC, hinting at strategic moves by large institutions preparing for long positions in Bitcoin.
- Ethereum's trading above its realized price suggests profitable positions for long-term holders, with Binance users actively participating in ETH liquidity despite market uncertainties.
- The Altcoin Season index surged to 31, indicating a shift in interest beyond BTC and ETH, with tokens like FORM, WIF, and MKR driving momentum and attracting investors seeking higher growth potential.
Read Full Article
17 Likes
TechCrunch
4d
263
Image Credit: TechCrunch
NFT phenom CryptoPunks was just sold to a nonprofit
- Yuga Labs, the creator of Bored Ape Yacht Club, sold CryptoPunks to the nonprofit NODE Foundation, focused on preserving digital art.
- The deal details remain undisclosed, and a $25 million grant was received by NODE Foundation in April to develop the future of digital art.
- Yuga Labs acquired CryptoPunks in 2022 amid the NFT craze, where the highest-priced NFT sold for nearly $24 million.
- Malka mentioned that CryptoPunks sparked a cultural movement and NODE aims to make this landmark work more accessible for people.
Read Full Article
15 Likes
Cryptoticker
4d
369
Image Credit: Cryptoticker
PENGU vs. DOOD: Which Token is Winning the NFT Race?
- Pudgy Penguins (PENGU) and Doodles (DOOD) have launched their own native tokens on Solana to strengthen ecosystems and reward communities.
- PENGU's market cap stands at around $874 million with a current price of ~$0.0138, while DOOD's market cap is approximately $45 million with a price of ~$0.0057.
- PENGU experienced heavy volatility after the launch but showed resilience with strong recovery, while DOOD struggled to maintain momentum due to confusion over utility and its Solana launch.
- PENGU integrated with physical products and partnerships like Walmart and Amazon, showing better resilience compared to DOOD, which is still defining its real-world utility.
Read Full Article
22 Likes
The Verge
4d
162
Image Credit: The Verge
The CryptoPunks NFTs are being sold to a non-profit as their value continues to fall
- CryptoPunks, one of the oldest and most valuable NFT brands, is being sold to Infinite Node Foundation, a non-profit focused on preserving digital art, by Yuga Labs, the creator of Bored Ape Yacht Club.
- The terms of the deal between Yuga Labs and Infinite Node Foundation have not been disclosed. Despite the high sales of CryptoPunks in the past, the NFT market has now stagnated.
- Yuga Labs will not integrate the CryptoPunks token collection into their gamified Otherside metaverse. The focus now is on making CryptoPunks relevant in the mainstream art industry.
- Node Foundation intends to showcase all 10,000 CryptoPunks tokens at their permanent exhibition space in Palo Alto and at the Toledo Museum of Art to make them more accessible for scholars, curators, and collectors.
Read Full Article
9 Likes
TronWeekly
4d
158
Image Credit: TronWeekly
Bitcoin Nears Highs, Exchange Outflows and Macro Moves Drive Momentum
- Bitcoin surged by 9.01% in a week, reaching $103,276, nearing its January peak.
- Over 3,000 BTC were withdrawn from Binance, hinting at increased investor holdings.
- Binance's BTC reserves dropped significantly from 595,000 BTC in February to 541,400 BTC in mid-May, indicating a trend of moving assets off exchanges.
- The rise in Bitcoin price is supported by macroeconomic factors such as improved U.S.-China trade relations, with the Fear & Greed Index signaling cautious optimism among investors.
Read Full Article
9 Likes
Coinjournal
4d
288
Image Credit: Coinjournal
Pi Network price dips 25% after 8M unlock, with 13M more tokens set for May 15
- Pi Network (PI) experienced a 25% dip in price following the release of 8 million tokens into circulation, causing the value to drop from $1.40 to around $1.10.
- A significant increase in trading volume, reaching $1.63 billion, was observed, with a single transaction involving 90 million PI tokens, indicating whale trades influencing market direction.
- Concerns arise over the upcoming release of 13 million more PI tokens on May 15, potentially leading to further price declines if demand-side fundamentals can't absorb the increased supply.
- Speculation around a potential listing on centralized exchanges, particularly Binance, mounts as the Pi Core Team is expected to make an announcement on May 14, one day before the next token unlock.
Read Full Article
17 Likes
Cryptoninjas
4d
398
Image Credit: Cryptoninjas
Binance vs. Robinhood: Which One Is Better for Trading Crypto and Bitcoin?
- Binance and Robinhood are popular investment platforms in the crypto industry offering a range of trading options for cryptocurrencies like Bitcoin and Ethereum.
- Binance supports a wide range of assets, advanced trading tools, and earning opportunities, catering to experienced traders, while Robinhood is beginner-friendly and offers commission-free trading.
- Binance serves a global user base, excluding the US, while Robinhood primarily caters to the US, UK, and EU.
- Binance lists over 350 cryptocurrencies, compared to Robinhood's 22+, making it ideal for those seeking a wider variety of assets.
- Binance offers advanced trading tools and features like futures, staking, and an NFT marketplace, while Robinhood provides simplicity and ease of use for casual investors.
- Binance has a tiered fee structure with discounts available, whereas Robinhood offers commission-free trading but earns through spread markups.
- Binance stands out with features like trading bots, Web3 wallet, and a referral program, while Robinhood offers tools like multi-asset brokerage and the Robinhood Gold Card.
- Both exchanges prioritize security; Binance features the SAFU fund and cold storage, while Robinhood employs 2FA and Bcrypt encryption.
- Customer support reviews show Binance as more responsive, with a structured system, compared to mixed reviews for Robinhood's service.
- Choosing between Binance and Robinhood depends on user preferences, with Binance suited for global users, frequent traders, and passive income seekers, while Robinhood is ideal for casual traders, stock investors, and simplicity.
Read Full Article
24 Likes
NullTX
4d
138
Image Credit: NullTX
Binance Dominates TRON USDT Transfers, Cementing Market Leadership
- Binance continues its dominance in the digital asset space with a commanding share of USD Tether (USDT) transfers on the TRON blockchain.
- Data from analytics platform Dune shows that Binance controls around 60% of all USDT activity on TRON, far surpassing its competitors combined.
- Binance moves approximately $600 million in USDT daily, compared to competitors handling around $10 million daily on TRON.
- TRON's blockchain has become popular for stablecoin transactions due to low fees and fast confirmation times, with Binance leading in USDT transfers.
- Binance's dominance is attributed to its scale, infrastructure, and trust, serving professional traders and institutional investors with high liquidity.
- The platform's efficiency in managing billions of dollars in assets daily positions it as a key player in maintaining stability and liquidity in the market.
- Binance's control over stablecoin movement raises implications for digital economy payments, cross-border remittances, and stablecoin policy conversations.
- Questions arise regarding decentralization, competition, and resilience when one entity like Binance holds a majority of public blockchain transactions.
- In the stablecoin sector, Binance significantly outperforms its competitors, showcasing its dominance and influence in the market.
- With daily TRON-based USDT transactions exceeding $600 million, Binance's role in transferring value globally surpasses traditional fiat currencies.
Read Full Article
8 Likes
For uninterrupted reading, download the app