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Binance Coin has formed a strategic partnership with Circle to enhance its ecosystem and promote the global adoption of USDC and cryptocurrencies. This collaboration will leverage Circle’s expertise alongside Binance Coin’s platform to provide greater value to users.BNB, the native coin of the BNB Chain ecosystem, serves multiple functions, including reducing trading fees on the Binance exchange and facilitating transactions on both the BNB Beacon Chain and BNB Smart Chain. It is also used in various applications, from token sales on Binance Launchpad to real-world purchases on platforms like Travala.com.
Exxon Mobil Corporation operates primarily in refining and distribution, hydrocarbon exploration and production, and petrochemicals. In 2023, it sold 5.5 million barrels of petroleum products daily, produced 2.4 million barrels of oil, and 219.1 million m³ of natural gas. The company's net sales are geographically distributed with the U.S. accounting for 38%.
Exxon Mobil Corporation operates primarily in refining and distribution (85.8% of net sales), producing 5.5 million barrels of oil products daily. It is a world leader in exploration and production, generating 2.4 million barrels of oil and 219.1 million m³ of natural gas per day. The company also engages in petrochemicals, contributing 6.6% to net sales, with a diverse geographical distribution of revenue, including the United States (38%) and Canada (8.7%).
Exxon Mobil Corporation operates primarily in refining and distribution, exploration and production of hydrocarbons, and petrochemicals. In 2023, it sold 5.5 million barrels of petroleum products daily, produced 2.4 million barrels of oil, and 219.1 million m³ of natural gas. The company generates 38% of its sales in the United States, with significant contributions from Canada, the UK, and other regions.
Shuffle, a Melbourne-based crypto casino launched in February 2023, has quickly become profitable, generating over A$2bn in wagering volume. Co-founder Ishan Haque emphasizes the growing crypto market and the potential for expansion into regions like Brazil, despite complex licensing. The company's success is attributed to superior user experience, strategic marketing through micro-influencers, and the launch of the Shuffle token, which significantly boosted wager volume.
Cronos EVM has launched the v1.4.0 Pallene update, significantly enhancing transaction speeds to 60,000 transactions per second through Block-STM technology, which allows parallel processing within a single block. This upgrade also improves the Cosmos SDK 0.50 and the Inter-Blockchain Communication (IBC) protocol, boosting network responsiveness and cross-chain connectivity. Ken Timsit, Managing Director of Cronos, emphasized the importance of this milestone in preparing the network for future demands, particularly in supporting complex applications driven by AI and decentralized finance.
Gracy Chen, CEO of Bitget, highlights Bitcoin's growing appeal as a hedge against inflation and its increasing institutional acceptance, evidenced by significant ETF inflows and purchases by firms like MicroStrategy. She emphasizes the potential of projects like the TON blockchain and discusses Bitcoin's evolving role alongside gold, suggesting they may complement rather than replace each other. Chen also notes the surge in retail and institutional participation in crypto, driven by innovative platforms and the potential geopolitical implications of a U.S. national Bitcoin reserve proposal.
KAST, a financial technology platform leveraging stablecoins, has raised $10 million in seed funding led by HSG and Peak XV Partners. With USD accounts available in over 150 countries, KAST aims to enhance cross-border transactions, offering a neobank-style experience that bypasses traditional banking limitations. The platform has seen rapid user adoption and plans to introduce savings and remittance products, capitalizing on the growing acceptance of stablecoins in global finance.
Binance Labs has invested in Perena, the first stablecoin infrastructure protocol on Solana, to enhance DeFi and bridge traditional finance with decentralized systems. This funding aims to expand Perena's team and capabilities, promoting innovative tools like collateralized debt positions (CDPs) for stablecoin creation and capital efficiency. With this partnership, Perena is set to advance on-chain finance and attract a new wave of stablecoin users.
KAST, a financial technology platform leveraging stablecoins, has raised US$10 million in seed funding led by HSG and Peak XV Partners. The platform aims to enhance the banking experience globally, offering USD-denominated accounts and payment cards in over 150 countries, facilitating faster and cheaper transactions without relying on traditional fiat systems. With strong early traction, KAST is positioned to transform financial services for digital nomads and users in regions with unstable currencies.
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