Author: Crypto News Live

Key Points: BNB Chain and Binance Labs have launched the BNB Incubation Alliance (BIA) to support early-stage blockchain projects globally through collaborative efforts with top venture capital firms. The BIA will host global offline events focused on nominated projects, offering opportunities for networking, mentorship, and potential investment from Binance Labs and BNB grants. BNB Chain and Binance Labs have launched the BNB Incubation Alliance (BIA) to bolster early-stage blockchain projects worldwide. BNB Chain and Binance Labs Launch BNB Incubation Alliance BNB Incubation Alliance aims to accelerate development through a series of global activities and collaborations with top venture capital firms…

Are you looking to maximize the potential of your Ethereum holdings? Stake Ethereum using OkayCoin and take advantage of the benefits of decentralized finance (DeFi). OkayCoin offers a seamless platform for staking your Ethereum, allowing you to earn rewards while contributing to the security and efficiency of blockchain networks.By staking your Ethereum through OkayCoin, you can participate in the growing trend of earning passive income in the crypto space. Whether you’re a seasoned investor or new to the world of cryptocurrency, staking Ethereum on OkayCoin provides an opportunity to grow your holdings while supporting the broader blockchain ecosystem.With OkayCoin’s user-friendly…

Suku links up with the Chainlink BUILD program for speeding up the expansion of the ecosystem and acceptance of blockchain related money transfers, internationally. This is made possible through receiving connectivity with Chainlink’s oracle solutions and technical backing. In return, SUku will be able to offer network fees to the Chainlink community, service providers, and stakers. SukuPay is a service built by Suku that is a convenient method of making payments and exchanging phone numbers for decentralized wallets. This includes 150 countries sans the need for apps, passwords, or user names. These are in the form of international money shifting…

Ethereum’s price dropped by more than 7% in the last seven days.  Most metrics and market indicators hinted at a trend reversal.  The end of May for Ethereum [ETH] was bullish as the token’s daily chart showed a massive green candlestick. But last week wasn’t in investors’ interest as the token dropped substantially. However, the declining price trend might change soon, which might allow ETH to retest its March highs.  Ethereum enters a bullish pattern CoinMarketCap’s data revealed that Ethereum’s price dropped by more than 7% in the last seven days. At the time of writing, ETH was trading at…

Bitoro Network, a leveraged trading protocol and ecosystem aggregator for the perpetual futures market, has launched on Injective, a Web3-optimized platform for decentralized finance. According to a press release shared with Crypto Briefing, the integration will provide Bitoro with new trading channels for instant and low-cost trading, integrated staking vaults, and features that would help onboard institutional clients. Bitoro will leverage Injective’s infrastructure and onchain order book to enhance its platform and offer new markets in an MEV-resistant environment. The integration would also bring Bitoro to participation in the staking pools and vaults for various decentralized finance projects. According to…

In an unexpected breakthrough for the blockchain sector, a renowned data provider has announced its intention to partner with NEAR Protocol to strengthen their NFT market. This partnership will include the integration of a new data layer that is expected to transform how people interact with Web3 and improve user experience across NEAR. The partnership has managed to integrate an essential infrastructural aspect into the NEAR Protocol, which is currently running. This integration is about combining a complex data layer into the system and guaranteeing that all the users receive access to beneficial analytics and data. By extending this feature,…

TL;DRInflation came in lower than expected, which rallied the market as expected, all before dumping back to where it started the day (after Jerome Powell’s press conference).Full StoryYou know how in video games, you can wear out a non-player character’s (NPC’s) list of preset responses?Where at a certain point they just start to repeat themselves?It feels like the Federal Reserve is stuck on a similar setting.The past three times they’ve met to discuss inflation and set interest rates (the latest being yesterday), their response has been:“We will continue to monitor the data and adjust accordingly.”(It’s boring. But it’s better than…

Ethereum is under pressure at press time, tumbling roughly 15% from March 2024. As sellers press on, reversing all gains posted from May 20, on-chain data points to a bullish picture. Ethereum HODLers Scoop 298,000 ETH In 24 Hours Taking to X, one analyst notes a spike in ETH demand, especially from permanent holders. Most likely, these permanent holders are institutions with deeper pockets and are willing to hang on. Unlike retailers, these entities can often choose to hold for longer and won’t be shaken out by market volatility. Ethereum permanent holders inflow | Source: @@jjcmoreno via X Citing CryptoQuant…

Helio has made a set of upgrades to its Solana Pay Shopify plugin, the crypto payments company announced Thursday morning. The plugin allows businesses on the e-commerce platform to accept payments via the Solana network. The plugin charges a 0.75% transaction fee, which is lower than the 1.5 to 3.5% typically charged by credit cards. The new version of the plugin adds “hundreds” of cryptocurrencies that can be used for payments. A video of the possible cryptocurrencies shared with Blockworks included bitcoin, ether, solana, PayPal’s PYUSD, and memecoins including ORE and MOTHER. The plugin only accepted USDC previously. Using Jupiter,…

Ethereum staking has become an increasingly popular way for cryptocurrency holders to earn passive income through staking rewards. In this guide, we will walk you through the process of staking Ethereum step by step, using OkayCoin, a leading staking platform for decentralized applications, while following the best practices for staking Ethereum with your crypto assets. Let’s dive in!What is Ethereum Staking?Before we get into the specifics of how to stake Ethereum, let’s first understand what staking actually means. Staking is the process of actively participating in transaction validation on a proof-of-stake (PoS) blockchain. This PoS blockchain operates using a consensus…