Cryptocurrency trading platform Binance initiates Bitlayer Booster Program, distributing 5.7 million BTR tokens for participation.
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In this week's cryptocurrency news, Wyoming has launched a state-issued stablecoin on the Hedera Network, while the SEC holds a roundtable discussion on financial surveillance and privacy. Meanwhile, Binance Wallet has launched the Bitlayer Booster Program, and Mayowa Adebajo, a seasoned freelance writer, brings his expertise to the table.
Wyoming Embraces Stablecoins
Five days ago, Wyoming became the latest state to enter the world of cryptocurrency by launching a state-issued stablecoin on the Hedera Network. This move is part of Wyoming's ongoing efforts to establish itself as a hub for blockchain technology and digital assets.
SEC Discusses Crypto Regulation and Privacy
In other news, the SEC recently hosted a roundtable discussion on crypto regulation and privacy. The event aimed to explore the challenges and opportunities presented by the increasing use of cryptocurrencies and the need for regulatory oversight.
Binance Wallet's Bitlayer Booster Program
Six days ago, Binance Wallet launched the Bitlayer Booster Program, allocating 30 million BTR tokens. The initial phase of the program targets users holding 61 or more Binance Alpha Points, with the aim of leveraging Bitcoin's Layer 2 using BitVM to enhance decentralized finance activities.
Mayowa Adebajo: A Freelance Writer with a Passion for Cryptocurrency
Mayowa Adebajo is a seasoned freelance writer specializing in creating compelling, high-converting content across diverse industries. With extensive experience working with major news outlets, personal blogs, and private clients, Mayowa brings a deep understanding of audience engagement and storytelling to his work.
Other Notable Mentions
- Hyperlabs has redistributed 25.4 million HYPE tokens to enhance network decentralization.
- The SEC and CFTC have approved spot crypto trading on registered exchanges.
- Wormhole has countered LayerZero's $110M Stargate bid.
- Webus and Air China have partnered to enable XRP payments.
- Polymarket has gained CFTC approval to re-enter the U.S. market.
- Avantis has launched an AVNT Token Airdrop Checker for 65,000 wallets.
- ADA Cardano's $ADA Futures have surged to $6.96B, with a possible $10 price target.
- CoinMarketCap reports Bitrue Coin's current price at $0.04, with a market cap of $4,923,037.56.
- House of Doge and Bitstamp by Robinhood have announced a strategic partnership for NYSE:ZONE Treasury.
- The Federal Reserve has highlighted stablecoins amid the passage of the GENIUS Act.
- The U.S. Congress has introduced the Bitcoin Custody Bill HR 5166.
- Bitcoin Layer 2 integration, as seen with Bitlayer, could facilitate decentralized finance growth.
- XRP Adoption has expanded as Fleet Miner turns holdings into predictable passive income.
- ETHZilla has secured $80 million OTC financing with Cumberland.
- Linea Airdrop Lookup has opened amid community reports.
- The ECB has called for enhanced stablecoin regulation amid liquidity concerns.
- Binance Alpha has listed the Black Mirror Token with an airdrop.
- Bitcoin in D.C.: Bridging Bitcoin Innovation and Public Policy.
- Binance Alpha has launched a $1 million Saros Trading Event, awaiting a token generation event (TGE).
- The circulating supply of Bitrue Coin stands at 131,421,228 units.
- Top 7 Cutting-Edge Blockchain & Crypto Mining Platforms - Leading the Market as the Best Earning Platforms.
Stay tuned for more updates in the world of cryptocurrency!
