#BinanceEarnYieldArena

Latest developments in the crypto world:

- Binance's CZ Pledges Donation: Changpeng "CZ" Zhao, Binance's co-founder, has pledged to donate 500 BNB each to Thailand and Myanmar following a recent earthquake .

- Elon Musk Sells X to xAI: Elon Musk has sold X, formerly Twitter, to his artificial intelligence startup xAI in an all-stock transaction, sparking controversy .

- VC Criticizes Ether's Investment Appeal: A venture capitalist has blamed layer-2s and token inflation for Ether's waning investment appeal .

- UAE's Digital Dirham Rollout: The Central Bank of the UAE plans to issue its Digital Dirham, a blockchain-based version of the country's national currency, by the fourth quarter of 2025 .

- Bitcoin's Bearish Turn: Bitcoin's price has dropped below $83,000, with some analysts predicting a further decline to $73,919 .

- Ethereum's Price Drop: Ethereum's price has fallen to $1,874, with $238 million in ETH facing liquidation risk on MakerDAO .

- Regulatory Developments: The US Securities and Exchange Commission (SEC) has dropped its cases against Kraken, Consensys, and Cumberland DRW, while the Federal Deposit Insurance Corporation (FDIC) has cleared the way for banks to engage in crypto without prior approval .