Ella Zhang, head of YZi Labs, reposted a message on X (formerly Twitter) from CZ (Changpeng Zhao), the founder and former CEO of Binance. In her post, Zhang invited long-term builders interested in CZ’s token issuance concept to apply for priority review at YZi Labs.
CZ’s proposal, which has sparked considerable interest in the crypto community, introduces a unique approach to token issuance. Under this model, only 10% of the tokens are initially unlocked and sold on the market, with the proceeds funding product development, marketing, and salaries. Future token unlocks follow strict conditions:
1. At least six months must pass after the previous unlock.
2. The token price must have remained above 2x the previous unlock price for at least 30 consecutive days before the next unlock.
3. A maximum of 5% of tokens can be unlocked at a time.
This structured approach aims to promote long-term growth and ensure strategic token distribution. $BNB
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There is currently no verified confirmation that India has launched missile strikes on Muzaffarabad or Bahawalpur. However, tensions are running high following the April 22 attack in Pahalgam, Jammu and Kashmir, which left 26 people dead. India has blamed Pakistan-based militants for the attack—a charge Pakistan denies.
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Strategic Shift in Crypto Investment: The Evolving Role of Bitcoin in Portfolio Performance
According to Odaily, trader Eugene has observed that investment portfolios without a core allocation to Bitcoin have generally underperformed relative to traditional stock market benchmarks like the S&P 500 during the current cycle. This marks a departure from the 2019–2022 period, when crypto assets broadly outperformed traditional financial markets.
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UK Court Shuts Down BTCMining Over International Fraud Claims
BTCMining, a UK-based cryptocurrency cloud mining platform, has been ordered to cease operations by the Manchester High Court following serious fraud allegations, according to PANews. The company, founded in January 2024, is accused of misleading investors across multiple countries by promising returns it failed to deliver and preventing clients from withdrawing their funds.
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