MGX Invests 💲2 Billion in Binance, Marking Historic Crypto Deal❗✍️
Binance, the world’s largest cryptocurrency exchange, has secured a $2 billion investment from MGX, an Abu Dhabi-based AI and technology investor. This marks the largest-ever investment in a crypto company, the biggest investment paid in stablecoin, and Binance’s first institutional backing. This strategic partnership strengthens Binance’s position as the industry leader, with over 260 million users and $100 trillion+ in cumulative trading volume. MGX, entering the blockchain sector for the first time, aims to drive AI-powered blockchain solutions, DeFi, and tokenized digital finance. Ahmed Yahia, CEO of MGX, emphasized their commitment to secure, compliant, and scalable blockchain infrastructure, while Binance CEO Richard Teng highlighted the investment’s role in building a more inclusive and sustainable digital finance ecosystem. Binance employs 1,000 of its 5,000 staff in the UAE, a hub for progressive crypto regulations. This deal reinforces Binance’s commitment to compliance, security, and user protection, ensuring a trusted and transparent digital finance future. #Binance #MGX
🔆Introducing Berachain (BERA) on Binance HODLer Airdrops! Earn BERA With Retroactive BNB Simple Earn Subscriptions
🔆Binance is excited to announce the 7th project on the HODLer Airdrops page - Berachain (BERA). Users who subscribed their BNB to Simple Earn products from 2025-01-22 00:00 (UTC) to 2025-01-26 23:59 (UTC) will get the airdrops distribution. The HODLer Airdrops information is estimated to be available in 12 hours, and the new token will be distributed to users’ Spot Accounts at least 1 hour before trading starts.
🔆Binance will then list BERA at 2025-02-06 13:00 (UTC) and open trading against BTC, USDT, USDC, BNB, FDUSD, and TRY pairs. The seed tag will be applied to BERA.
Exciting news! Binance has announced the introduction of Berachain (BERA) on its HODLer Airdrops program. This offers Binance users a chance to earn BERA tokens through Retroactive BNB Simple Earn subscriptions.
*Key Details* 1. *Eligibility*: Users who have subscribed to BNB Simple Earn products before the announcement are eligible for the airdrop. 2. *Retroactive Rewards*: Users will receive retroactive BERA rewards based on their BNB Simple Earn subscription history. 3. *BERA Token*: Berachain (BERA) is a new token being introduced on the Binance platform. 4. *HODLer Airdrops*: This program rewards users for holding specific tokens, promoting loyalty and engagement within the Binance ecosystem.
*How to Participate* 1. *Check Eligibility*: Review your BNB Simple Earn subscription history to see if you're eligible for the airdrop. 2. *Claim Rewards*: Follow the instructions provided by Binance to claim your retroactive BERA rewards. 3. *Learn More*: Visit the Binance website or social media channels for more information about Berachain (BERA) and the HODLer Airdrops program.
This airdrop presents an opportunity for Binance users to earn a new token and explore the Berachain ecosystem.
Binance will also list Berachain BERA in spot. Total Supply: 500,000,000 BERA, 21.50% supply to be unlocked at launch. So it will easily make $1bn FDV at launch. Airdropers will take their profits on launch so there will be selling pressure initially on BERA. For long term prespective BERA will turned into another VC grift on retails We will play it on trading day only;
$XEC $XEC The eCash (XEC) halving event occurred on April 11, 2024. During this event, the block reward for miners was halved, reducing the rate at which new eCash coins are created. The block reward decreased from 6,250,000 XEC to 3,125,000 XEC1.