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The article explores the new developments, enhancements, and innovations that will shape the protocol's trajectory within the CoreDAO ecosystem.

On January 14, Core DAO debuted on the mainnet stage, becoming a noteworthy player in Decentralized Finance (DeFi).

At the heart of Core DAO's mission is the ambitious pursuit of addressing the notorious Blockchain Trilemma, a conundrum that has long perplexed blockchain architects. The project takes a unique approach by harnessing the formidable Bitcoin hash rate and combining it with the efficiency of the delegated proof-of-stake (DPoS) consensus mechanism.It is designed to create a decentralized blockchain that is secure, scalable, and maintains a decentralized ethos.

Core DAO's architecture rests on the Satoshi Plus consensus mechanism, which combines the best features of Bitcoin's hash rate leverage with DPoS efficiency.

Here in this article, we will delve into the latest developments, enhancements, and innovations that shape the protocol's trajectory within the Core DAO ecosystem.

In a strategic move, Core DAO welcomes BTC.b to its ecosystem, leveraging the Omnichain Fungible Token (OFT) Standard. This integration enables BTC.b to transition to and from Core's bitcoin hash-powered blockchain.

Collaborating with Layer Zero and Avalanche, CoreDAO introduces BTC.b as a multi-chain, non-custodial representation of Bitcoin, uniquely bridged directly from the Bitcoin blockchain.

The standout feature lies in the easy transfer of native Bitcoin, allowing users to promptly engage with decentralized applications (dApps) using BTC.b and convert it back into native Bitcoin without intermediaries.

Core DAO takes a leap forward with the launch of its new website and YouTube channel. Aimed at empowering Web3 developers, the platform offers a dedicated section facilitating a seamless start for builders on Core.

Core DAO introduced the Core Grants Program on Oct. 31, a funding initiative designed to catalyze projects focused on decentralization, expansion, and fortification of the Core ecosystem. Tailored to support developers and builders in bringing their ideas to life on-chain, the program offers two types of fundingBuilder Grants for early-stage projects and Growth Grants for more established endeavors.

Core Grants Program is here!

To empower innovation and community growth in web3, Core will fund projects dedicated to decentralizing, expanding, and strengthing Core's ecosystem. Builder and Growth Grants Milestone-based grants

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As a notable sponsor at the ETH Lisbon hackathon scheduled for Nov. 3 to 5, Core DAO set the stage for innovation by offering substantial bounties for project submissions. The bounty pool included $10,000 for the best project, $2,500 for the runner-up, and an additional $2,500 for projects in the security, prevention, and awareness category.

Winners not only secured their bounties but also had the chance to pitch their ideas to Core's Grant Committee for potential funding of up to $50,000 in CORE tokens. Raccbook, PoolScribe, and Real Fans emerged as the triumphant projects in this bounty bonanza.

Core DAO enhances its reach with two significant integrations. The Pyth Network launches its CORE/USD price feed, extending accessibility to smart contract developers across more than 40 blockchains.

Another major infrastructure addition for the most Bitcoin-aligned chain! Excited to be working with the @PythNetworks world-class team Stay tuned for more news on this integration next week. https://t.co/sc4VaHgpAx

Concurrently, Ankr integrates its RPC service with Core, streamlining development by eliminating the need for many developers to set up their own Core nodes. Ankr's Premium RPC Plan offers advanced tools, global node locations, telemetry, debug mode, WebSockets capabilities, and more.

CORE, Core DAOs native token, is trading at $0.5054 at the time of writing, with a market cap of $88 million.

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SEC and Binance Agree on Protective Order in the Ongoing Legal ... - BSC NEWS

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When it comes to the world of blockchain and cryptocurrencies, making money is often at the forefront of many investors minds. Two of the most popular platforms for decentralized applications (DApps) and smart contracts are Ethereum and Binance Smart Chain (BSC). Both have their strengths and unique features, but the big question on every crypto enthusiasts mind is: where can you make more money?

In this article, Ill provide you with a comparison of Ethereum and Binance Smart Chain, complete with code snippets and explanations, to help you make an informed decision.

Ethereum, launched in 2015 by Vitalik Buterin, is often referred to as the pioneer of smart contracts and decentralized applications. It introduced the concept of a programmable blockchain, enabling developers to create complex applications on its platform. Ethereum uses its native cryptocurrency, Ether (ETH), as gas for transactions and smart contract execution.

In Ethereum, you can create smart contracts using Solidity, a programming language specifically designed for Ethereums EVM (Ethereum Virtual Machine). The code above represents a simple token contract that allows token transfers between addresses.

Ethereums vast developer community and ecosystem have led to the creation of countless DApps, DeFi projects, and NFT platforms, making it a vibrant space for innovation. However, the network has faced scalability issues and high gas fees.

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Ethereum vs. Binance Smart Chain: Where to Make More Money - Medium

The crypto industry has evolved in a way few were expecting. These days, there are over 430 million crypto users, and they can choose from thousands of cryptocurrencies launched.

But besides simply buying crypto, you can earn tokens through various intriguing events, including crypto airdrops. And after you participate in such events, you also need to store the tokens you win in a safe place. Trust Wallet is a great option, as it is a safe crypto wallet that supports millions of digital assets.

So, in this article, we will discuss what Trust Wallet airdrops are, how they work, and how you can claim one on your Trust Wallet account.

Launched in 2017 by Viktor Radchenko,Trust Walletis a non-custodial wallet available almost worldwide. In 2017, the wallet was acquired by Binance and has been part of the company ever since.

Currently, Trust Wallet supports over 4.5 million digital assets, including the most popular and widely traded cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Litecoin (LTC), Ripple (XRP), Dogecoin (DOGE), Solana (SOL), Polygon (MATIC), Polkadot (DOT), Tezos (XTZ), and TRON (TRX). Along with a little over 60 cryptocurrencies, Trust Wallet supports NFTs (Non-Fungible Tokens) developed on Ethereum and Binance Smart Chain.

Besides having truly valuable security features, including Face ID or Touch ID and auto-lock time, Trust Wallet also provides users with a dApp browser that allows them to interact with plenty of decentralized applications built on the Ethereum blockchain and Binance Smart Chain.

Trust Wallet is available as a mobile app designed for Android and iOS devices. Also, the company launched a Google Chrome browser extension on November 14, 2022. This way, users found the crypto wallet even more accessible than before.

Crypto airdrops are special events organized by newly launched crypto projects to gain popularity among crypto enthusiasts. Usually, airdrops are organized during a set period, and after the airdrop event ends, users can receive free tokens.

During a crypto airdrop, users are required to complete various simple tasks to increase the popularity of the crypto project. Some of the most popular and common tasks include following the company on social media platforms (Twitter, Facebook, Instagram), joining their communities on platforms such as Telegram and Discord, or referring friends. Each task can offer users a certain number of points, and the more they have, the more tokens they will receive at the end of the airdrop.

There are multiple types of crypto airdrops, each with specific requirements and rules. Some popular events include standard airdrops, exclusive airdrops, bounty airdrops, and holder airdrops. The last one is the only one that requires you to hold tokens to be eligible for airdrop rewards.

Since Trust Wallet supports so many digital assets, it is a great option to store airdrop tokens on it. Furthermore, Trust Wallet offers extensive information about various airdrops it supports. Usually, you can find details about airdrops on theTrust Wallet blog.

Free crypto airdrops can be accessed on Trust Wallet if they meet some specific requirements. Basically, you can access a token airdrop from your Trust Wallet account if the platform supports the tokens you will receive.

To claim a crypto airdrop on Trust Wallet, you will have to:

First, you should log into your Trust Wallet app. If you dont have an account, the signup process is pretty quick and simple to complete. Also, if you dont have Trust Wallet installed on your device, all you have to do is download it and simply log in as you would on the browser extension.

Next, you should have received an address where you can claim your airdrop tokens. Try to find it in order to add it to your Trust Wallet account. After you copy the address, you can go back to the Trust Wallet app.

When you go back to Trust Wallet, you will see a small icon in the upper right corner of the screen. Tap on that icon to see the tokens available.

Now, it is time to add the airdrop token address in order to claim it on Trust Wallet. Tap on the + icon from the upper left corner of the screen.

There, you can paste the token address, and the rest of the fields will be automatically filled.

After you confirm the process, you will be able to see the balance of the new token in your account.

Usually, crypto airdrops are pretty safe, but you should always research them thoroughly, as you may also encounter some fake airdrops that promote phishing scams or scam tokens, these being the most prevalent scams. This might affect you and your funds.

In general, crypto airdrops allow you to connect your wallet to receive the tokens after the event ends. It depends, however, on the crypto project that organizes the airdrop.

Yes, Trust Wallet supports airdrops as long as the tokens you claim are supported by the platform.Also, the company posts information about new airdrops on its blog.

Free airdrops have become extremely popular in the crypto space, and many users decide to participate in at least 1 event to receive tokens by completing simple tasks, such as following the company on social media platforms.

If you participate in a crypto airdrop and want to store the tokens on Trust Wallet, you can add a custom token. Furthermore, you can find trustworthy airdrops on the Trust Wallet blog.

However, you should always be cautious, as some risks are implied when dealing with airdrops, such as scams that can lead to losing your funds.

* The information in this article and the links provided are for general information purposes only and should not constitute any financial or investment advice. We advise you to do your own research or consult a professional before making financial decisions. Please acknowledge that we are not responsible for any loss caused by any information present on this website.

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What Are Trust Wallet Airdrops and How to Claim One? - Latest Cryptocurrency Prices & Articles

Binance, founded in 2017 by Changpeng Zhao, emerged as a major player in the cryptocurrency industry. With a large crypto exchange volume of $7.7 trillion in 2021, it ranks among the worlds largest exchanges. According to 2021 estimates, Binance has over 28 million users.

The platforms inception was marked by rapid growth and success, with its headquarters in Hong Kong. However, due to mounting regulatory constraints, Binance relocated its servers and headquarters from Hong Kong to Malta. Below are the must-know Binance statistics highlighting everything you need to know about the giant crypto exchange.

Binance is one of the worlds largest and most well-known cryptocurrency exchanges. The platform allows users to buy, sell, trade, and invest in cryptocurrencies. Binance has gained popularity in the cryptocurrency community for its user-friendly interface, extensive range of supported cryptocurrencies, and competitive trading fees.

Binance Coin (BNB) is the cryptocurrency with the 4th-highest market capitalization, only behind Tether, Ethereum, and Bitcoin. It also acquired Trust Wallet, a decentralized cryptocurrency wallet, in July 2018.Binance Smart Chain supports smart contracts and is compatible with the Ethereum virtual machine (EVM)

However, there have been multiple criticisms of Binance Smart Chain concerning its level of centralization, which has led to several exploits on the network. Overall, Binance is a popular and reputable cryptocurrency exchange that offers a wide variety of coins for trading with low fees.Binance generated $20 billion in revenue in 2021, a 263% year-on-year increase. In 2020, Binance reported a profit of between $800 million and $1 billion.

It has yet to publish its 2021 figures.Binances annual revenue grew tenfold in the last two years, topping around $12 billion in 2022. However, its trading volumes have been declining, which could impact its revenues. It is important to note that Binance is a private company that does not disclose its revenue but reports its profits. Binances revenue and profits have been growing in recent years, and it remains the largest cryptocurrency exchange in the world.

1. Binance has experienced consistent growth in its user base since its inception. In 2017, the cryptocurrency exchange platform boasted more than 1.5 million users.

2. This number significantly jumped the following year, reaching 13.3 million users. By 2019, Binance had 16.5 million users, and this upward trend has continued.

3. In 2020, Binance reported having 21.5 million active users, which climbed to 28.6 million in 2021. Binances number of users was 89.5 million in August 2023.

4. Binances research reveals that 48% of its users are enthusiasts in the cryptocurrency space, while 15% rely on the platform as their primary source of income. A majority, around 65%, of Binance users hold Bitcoin in their portfolios, with most allocating between 1% and 20% of their crypto holdings to Bitcoin.

5. Additionally, more than 90% of Binances user base consists of males, and the average age of its users is approximately 35 years old.

6. Binance remains the worlds biggest crypto exchange, boasting 6,440 employees, with about 45 million American crypto users and 420 million global crypto users in 2023. Its revenue grew tenfold in the last two years, topping around $12 billion in 2022.

7. Binance Coin has a $70 billion market cap as of October 2021. As of October 2021, Binance Exchange has 337 coins on its platform. Its stablecoin, BUSD, exceeded $17 billion in market capitalization during the first half of 2023.

8. Overall, Binance remains the worlds largest cryptocurrency exchange by trading volume, with a growing user base and many coins available for trading. Its revenue and profits have been growing in recent years, and it continues to dominate the market regarding trading volume.

9. Binance, a prominent cryptocurrency exchange, has witnessed remarkable growth in its trading volumes.

10. In 2017, it started with a peak trading volume of $3 billion, and since then, its trajectory has been consistently upward.

11. The following year, it surged to $19 billion in peak trading volume, although it faced some regulatory challenges in 2019, causing a slight dip to $15 billion.

12. However, Binance made a strong comeback in 2020, reaching a peak trading volume of $35 billion, and it currently stands at an astonishing $76 billion.

13. These statistics indicate a significant acceleration in the platforms activity. Binance Coin, the native cryptocurrency of the exchange, boasts a market capitalization exceeding $70 billion, with 168 million coins in circulation.

14. Regarding crypto exchanges, Binance holds a substantial market share, with trading volumes exceeding $26 billion as of November 8, 2021.

15. The second-place exchange was Mandala, with a trading volume of $21.76 billion, while OKEx secured the third position with $6.83 billion in trading volume.

16. Binances 24-hour trading volume as of October 5, 2023, was $5.9 billion, and it had 362 coins and 1,316 trading pairs available on the exchange.

17. It is worth noting that Binances 24-hour trading volume reached $76 billion in 2021, which was more than twice its 2020 peak.

18. The most recent data from Binance reveals a significant upward trend in the annual crypto exchange volume on their platform since its inception.

19. In 2017, they reported an annual exchange volume of $59 billion. This figure experienced an almost tenfold increase, surging to over $515 billion in 2018.

20. Despite a slight decrease the following year, the exchange volume at $401 billion remained impressive. However, in 2020, the exchange volume skyrocketed to an astonishing $1.07 trillion.

21. Binances annual crypto exchange volume 2021 was $9.58 trillion, a 9x increase from the previous year.

22. Binances annualized volumes slowed to $16.8 billion a year in 2023, down around 28% from the first three months of this year and measured against 2022.

23. In May 2023, Similarweb, a competitive intelligence and traffic analytics platform for websites, revealed that Binance had 5 high traffic sources.

24. These traffic sources represent users by country on the Binance platform. The highest traffic came from Turkey (6.13%), which added an extra 0.82% to the value it recorded in February 2023.

25. The second highest traffic by country is from Vietnam, with 5.44% of the total Binance users.

26. Similarweb disclosed that the third highest traffic on Binance by country is from Russia, with 5.16%. In the fourth position is Argentina, with 4.63% of the total users on the crypto exchange company.

27. On the list of top 5 traffic sources on the Binance platform, the fifth position is India, with 4.61% of the total users on Binance.

28. Binance earns from its customers by taking some percentages from user transactions.

29. The percentage charged also depends on users status on the platform. Binance has Regular user status and VIP1 to VIP9 user ranking.

30. Moreover, the percentages Binance collects from each transaction also depend on the type of product and services it offers. Also, the crypto exchange platform takes 3.5% from its customers on transactions greater than $10.

31. However, not all transactions incur fees on the platform. Some include the Binance P2P service and internal funds transfer between Binance accounts.

32. Binance is one of many crypto firms that faced difficulty following regulatory crackdowns from countries, world organizations, and the U.S. SEC.

33. Most regulations were based on the safety and security of investors funds, money laundering, and terrorism financing.

34. Some regulatory authorities focused on the impact of crypto on its nations fiat currency and economy.

35. Despite these crackdowns, Binance is among the crypto firms that are still thriving. In 2023, the company has up to 150 million users against the 90 million it recorded in 2022. However, due to the effect of the crypto regulations, Binance had witnessed a drop in daily trading volume.

36. In August 2023, statistics show that Binance recorded a daily trading volume of $9.23 billion against $76 billion in August 2022.

37. Binance was launched in July 2017, and since then, it has thrived in the crypto industry owing to its potential and business strategies. This made it the worlds largest cryptocurrency exchange company by a broad margin.

38. The success was achieved largely due to its ability to capitalize on the huge surge in cryptocurrency interest. Binance attracted a lot of users by providing them with a fast and easy way to trade a wide variety of cryptocurrencies.

39. The platforms user-friendliness sets Binance apart from other exchanges. Again, it offers low trading fees and makes various trading options available to crypto investors.

40. Another interesting strategy that helped Binance is its focus on providing a safe and reliable crypto trading platform. With this, it built trust with its users and attracted more traders to its exchange platform.

41. Notably, Binance has two factions of its crypto exchange platform. These include Binance.US and Binance.

42. Binance.US was developed for the citizens of the United States because of the U.S. financial regulations. However, crypto investors can access both platforms using strong VPN services for passing the Binance blocking system by countries.

Binance is the worlds largest cryptocurrency exchange platform, widely used for storing and trading cryptocurrencies. With Binance, crypto enthusiasts can access a lot in the crypto space. The exchange supports crypto activities like trading, staking, farming, and NFTs. It has established itself as a crypto exchange trusted by investors, maintaining its status despite crypto regulations. Moreover, in 2023, Binance recorded 150 users on its platform despite pressures from the United States SEC.

According to statistics, Binance had its zenith daily trading volume in 2021. In that year, it recorded a $76 billion 24-hour trading volume.

On the crypto exchange platform, about 65% of its users hold Bitcoin as an asset. It was also reported that Binance users allocate 1 to 20% of their portfolio to it.

Statistics show that the worlds largest crypto exchange had $20 billion annual revenue in 2021.

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Binance Statistics 2023 (Data on Usage, Revenue, and More) - The Tech Report

Discover the top 10 cryptocurrencies with explosive potential in the 2024 market

Naturally, things havent exactly gone as smoothly since then. A bear market for cryptocurrencies emerged, with most major coins seeing sharp price declines. Even though the market has historically rebounded, cryptocurrency may not be here to stay. Of course, its hard to predict which cryptocurrency will take off next. We can identify a few potential contenders, though, who are leveraging the latest developments in digital payment systems, decentralized applications (dApps), and artificial intelligence (AI).

The cryptocurrency market is renowned for its volatility, making it difficult and thrilling to predict which coin will take off in2024. Traders and fans are constantly searching for the next great thing to invest in and strategies to increase their profits. These ten cryptocurrencies have the potential to explode in 2024.

Bitcoins enduring presence and growing adoption make it a standout choice for investors. The institutional interest in Bitcoin has been rising steadily, with corporations and hedge funds increasingly entering the market. As the bear market shows signs of subsiding, Bitcoin is trading at a substantial discount from its all-time highs, making it an attractive option for investors.

Ethereum, the leading smart contracts platform, continues to dominate the decentralized finance (DeFi) and non-fungible token (NFT) sectors. The transition to Ethereum 2.0 is set to enhance scalability and reduce transaction costs, further boosting its appeal. The deflationary nature of Ethereum, driven by ongoing Ether burning, adds to its investment allure.

Cosmos is a blockchain project designed to facilitate communication between decentralized applications (dApps) across different blockchains. Notably, Cosmos enables developers to build dApps on its platform, fostering a growing ecosystem.

Decentraland, a leading Metaverse cryptocurrency, has been making significant strides. High-profile collaborations, including partnerships with Samsung and other major companies, underscore its prominence. As the Metaverse gains traction, platforms like Decentraland are poised for remarkable growth.

Sandbox is another promising Metaverse project that gained traction in 2022. It sealed deals for hosting virtual music concerts and initiated a multimillion-dollar fund for creative projects within its Metaverse. With a fast-growing play-to-earn gaming ecosystem, Sandbox is among the top cryptocurrencies set to explode.

Chainlink, a decentralized Oracle platform, leads in the field of data reliability for smart contracts. Its widespread adoption, particularly by top projects like Ethereum and Solana, showcases its dominance. The quality of its data and scalability, achieved through hybrid smart contracts, positions Chainlink as a top contender for explosive growth.

Binance Coin (BNB) is integral to the Binance exchange and its affiliated products. BNBs value has surged over the years due to the growth of the Binance ecosystem, featuring a diverse range of cryptocurrencies, a crypto launch platform, and the Binance Smart Chain. BNBs deflationary tokenomics, combined with expanding use cases, make it a strong candidate for growth.

Avalanche stands out as a scalable, low-fee blockchain platform, emerging as a formidable competitor to Ethereum. With the DeFi sector poised for growth in the years ahead, Avalanche is well-positioned to experience explosive growth.

Terra has rapidly climbed to become the second-largest platform blockchain by total value locked. Its primary use case lies in the launch of algorithmic stablecoins, which offer stability and low regulatory risk. In an evolving crypto landscape, stablecoins are gaining significance, positioning Terra as a top contender for explosive growth.

Initially, a meme coin that gained prominence during the Dogecoin meme rally of 2020/21, Shiba Inu has witnessed substantial community growth and increased adoption. Should the market turn bullish in the coming years, Shiba Inu could experience a resurgence, solidifying its potential for explosive growth in 2024 and beyond.

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10 Cryptocurrencies That Could Explode in 2024 - Analytics Insight