Users can stake their Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs at Binance NFT, with current APRs of about 60%, down from the max of 199%.
Binance NFT concluded the first day of its Ape Staking feature, where holders of Bored Ape Yacht Club and Mutant Ape Yacht Club can stake their valuable and popular NFTs to earn rewards in ApeCoin.
More than $40,000 worth of $APE was distributed to stakers on the first day, as the Binance NFT Twitter account promoted Annual Percentage Rates (APRs) as high as 199%.
APR of up to 57.99%
Very misleading to advertise 199%, let 410 apes stake and drop the returns to 57.99% then point at your terms of business as a get out clause🤮
As some Twitter users noted, however, the current APRs listed on the Binace NFT Ape Staking page are much lower, at 58% for Bored Ape and 63% for Mutant Ape.
Appreciate it to bring the ape staking program to binance users, however the APR has fallen drastically from 190 to around 60.
We know that you guys are staking at https://t.co/J0k3Lgi6Ps on behalf of us using binance ape funds,can the apr be increased?
Binance also plans to offer staking in the future for Bored Ape Kennel Club NFTs.
Even at 58% APR, staking a Bored Ape NFT can bring in more than $140 per day, while a Mutant Ape can bring in more than $33 per day at 58% APR, at current $APE prices.
Binance NFT is Binance’s NFT arm that consists of a marketplace, a platform for initial game offering (IGO), and mystery NFT boxes on BNB Chain.
With the relevance of NFT projects on BNB Chain, Binance NFT has become increasingly more popular for NFT collectors
Where to find Binance NFT:
‍Website | Twitter | Blog | Instagram | Telegram |
CZ calls Mr. Wonderful a liar as he defends the reputation of Binance.
Binance CEO Changpeng Zhao (CZ) joined Andrew Sorkin for a round of questions on CNBC’s Squawk Box on December 15, calling Kevin O’Leary “a liar” and explaining how Binance seeks to set the golden standard for transparency.
Sorkin focused mostly on the price action and FUD surrounding Binance’s Proof of Reserves announcements however he couldn’t help himself from bringing up O’Leary’s comments from the day before. O’Leary, known as Mr. Wonderful, told the US Senate Banking Committee on December 14 that he believes Binance and CZ purposefully caused the recent FTX collapse to become a monopoly.
CZ defended his company against ill-informed opinions from O’Leary.
Sorkin pressed CZ about O’Leary’s accusations, questioning whether Binance would be prepared to send back any funds entangled in the FTX fiasco. CZ told him it would be up to the lawyers.
O’Leary and the Binance CEO have been in a public row as of late. Mr. Wonderful has called Binance’s actions into question multiple times, and CZ seems intent on protecting Binance’s reputation from the paid charlatan.
See the full exchange below.
"How concerned are you that the money given to you by @SBF_FTX will be clawed back? Are you prepared to hand it back to creditors if they were to ask?" @andrewrsorkin asks @cz_binance: pic.twitter.com/nffAzVinHe
Binance positions itself as the world’s leading blockchain ecosystem and crypto-asset infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. The Binance platform aims to increase the freedom of money for users and features a comprehensive portfolio of crypto-asset products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization, and infrastructure solutions.
Where to find Binance:
Website | Twitter | Discord | Telegram |
CZ features in a MasterClass with 18 lessons featuring other crypto advocates and critics.
Binance CEO Changpeng Zhao (CZ) is featured in a new series from MasterClass on cryptocurrencies and Web3.
The online learning platform known for featuring celebrities and high performers as featured educators is now stepping into the blockchain revolution. The class, entitled “Crypto and the Blockchain,” is not for experts but is looking to educate newcomers.
We’re still in the early days of crypto.
Hear from @CZ_binance as he explains why on the new @MasterClass crypto course. pic.twitter.com/5nxqPuxqc8
The course features 18 lessons and other instructors from groups like Coinbase and a16z. To take the course, users must become an annual member of MasterClass for around $15 a month.
Binance positions itself as the world’s leading blockchain ecosystem and crypto-asset infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. The Binance platform aims to increase the freedom of money for users and features a comprehensive portfolio of crypto-asset products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization, and infrastructure solutions.
Where to find Binance:
Website | Twitter | Discord | Telegram |
The long-awaited integration with Wormhole is now complete, bringing the most prominent L1 and L2 blockchain networks to Injective!
With this integration, Injective will have one of the highest numbers of cross-chain connections in the entire industry. This also marks the first time that assets such as Solana, Klaytn, Algorand and Aptos can enter the Cosmos IBC ecosystem using Injective.
1/
📢 Wormhole Chains — Injective
Today, for the first time, Wormhole is connecting to the broader Cosmos ecosystem — via @Injective_!
Learn everything about the L1 that focuses on one thing: building DeFi applications 👇 pic.twitter.com/qOgd02dIST
Wormhole is a generic message-passing protocol that connects high-value blockchains. In doing so, Wormhole enables the transfer of value and information between ecosystems.
Wormhole currently provides access to some of the most popular blockchains today, such as Solana, Aptos, Avalanche, Algorand, BNB Chain, Fantom, Oasis, and Polygon. Wormhole also supports L2 networks such as Arbitrum. In addition, Wormhole supports a number of EVM environments, such as Aurora, which provides access to Near Protocol.
The Wormhole integration will allow Injective users to bridge assets from connected Wormhole L1 and L2 networks into the Injective ecosystem. Highly complex cross-chain transfers can now be accomplished via a simple click.
Users will be able to bridge assets through
On Injective Hub, users can navigate to “Bridge” and select one of the chains within Wormhole’s network to transfer assets directly to their Injective Wallet.
On Portal Bridge (the bridging platform for Wormhole), users can select one of the chains within Wormhole’s network to transfer assets directly to their Injective Wallet.
*Injective Hub will begin by showcasing only Solana from Wormhole’s network. To bridge assets from any of Wormhole’s other networks, please visit Portal Bridge.
This new integration marks a major milestone for Injective’s ecosystem, opening up the Injective community to a multitude of networks that were previously inaccessible. The integration also allows novel assets and data to be used directly throughout dApps built on Injective. Injective will serve as a fundamental gateway for assets to travel into the broader IBC ecosystem as well, further bolstering Injective’s position as a core infrastructure layer optimized for interoperable finance.
Injective is a lightning-fast interoperable layer one blockchain that brings Cosmos and Ethereum interoperability to the premier finance applications. Injective provides developers with powerful modules for building exchange, DeFi, derivatives & Web3 apps. INJ is the native deflationary scarce asset that powers the Injective Protocol and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Learn | Youtube | LinkedIn | Reddit |
The Wormhole Network is a generic message-passing protocol that connects high-value blockchains and allows applications leveraging the messaging layer to facilitate interoperability between ecosystems. Secured by 19 guardians, developers are able to leverage the protocol to send arbitrary data cross-chain, including tokens, NFTs, oracle data, governance decisions and more.
Website | Twitter | Telegram | GitHub |
This article is a press release.
Trust us: No matter your political persuasion, you do not want to miss out on seeing this amazing Donald Trump NFT collection.
Former U.S. President Donald J. Trump has released his first Non-Fungible Token (NFT) collection, and we think his fans and critics will all agree: They are everything you would expect from The Don.
Each Polygon-based NFT costs $99 and can be purchased with fiat via credit card or using $ETH. NFT holders have the chance to win dinner, drinks or a round of golf with Trump himself, or physical and digital collectible items. If you buy 45 NFTs, you receive a ticket to attend a Gala Dinner in South Florida with Trump.
Without further ado, here are the five dopest NFTs from the collection:
It’s classic, it’s patriotic, it’s … wait, has Trump paved over New York Harbor?
Well, landlocking Ellis Island makes it easier to tour the Statue of Liberty!
It’s always morning in America when Trump is winking at you and giving two thumbs up.
Looking past the stylized stars and stripes and the background glare from … we don’t know — Trump’s ki? … this NFT features a decidedly faithful adherence to the new NASA spacesuits released during Trump’s term in the White House.
We assume Trump will dispense with the sunglasses when he puts on the actual helmet. (Or, hell, maybe not!)
OK, this is where it starts to get difficult. What’s more manly: Tactical military gear or bad dude Western wear?
He’s Trump. Put him in both. (And give him a shotgun, stat!)
Yes, we are sure Trump recognizes that the black cowboy hat diminishes the overall effectiveness of the camouflage. But face it: Trump’s not going to hide from anyone, anyway.
Standing at 6 foot 3 inches, Trump is quick to remind doubters that he is a tall human being. But, yeah, this NFT might exaggerate his height just a little bit.
Granted, it could be a metaphor for his intention to dominate the planet Earth and to wear the Moon as a halo (or else!).
And because it’s space, Trump’s got the sunglasses back on. The Top Gun-esque flight suit imagery is really just an artistic embellishment at this point.
Trump apparently is so bullish on this NFT collection that freaking laser beams are shooting out of his freaking eyes.
Sensible shoes? Check. Violet-orange dichromatic background filter? Check. Standing in front of the “Rump Tower”? Check.
Trump’s chiseled abs straining against superhero spandex puts Frank Miller’s nightmares to shame. Oh, and if you don’t vote for Trump the next time he’s on the ballot, presumably you could be sublimated with a blast of his heat vision.
If, like us, you can’t get enough of these Trump NFTs, visit CollectTrumpCards.com to see more, including a video featuring Trump.
BNB Chain held seven events across seven major cities and succesfully hosted over 500 projects.
BNB Chain, the world’s largest smart contract blockchain in terms of daily active users, has concluded its European Innovation Incubator with the announcement of its top three winners emerging from the program. Over 520 projects registered within Europe, with 31 innovation-led teams being selected to participate in the program, marking a major success for BNB Chain.
Throughout the incubator, seven cities were visited for exclusive VIP networking events that welcomed all participants and partners. These events provided a valuable opportunity for projects to connect with industry leaders and potential investors.
The program concluded with an exclusive demo day, where invited partners and the 18 program sponsors chose the winners based on scores from Binance Labs, Binance Research, Polkastarter, Salus Security, Worldpay, MH Ventures, and other partners.
The project coming in at first place was Wallchain – a team of veteran engineers on a mission to build a healthy, decentralized wealth-being for the Web3 community by giving users cashback when they trade on exchanges.
As winners, Wallchain collaborated with experts in the space who provided industry-leading support, with Yurii Kyparus, Founder and CEO at Wallchain saying:
Cashmere Labs, an omnichain interoperability MEV Protected DEX Aggregator & Stableswap on LayerZero Labs, and Blockless, a Web3 developer solution that provides end-to-end solutions such as zkWASM prover as a service and smart contract owned, decentralized & dynamic web hosting, both secured the second place title.
OxFust, Tech Lead at Cashmere said:
Cora Protocol, Vyper Protocol, AltLayer, Realfevr, and Mummy.io all came in joint third place.
Zoe Wei, Senior Business Director at BNB Chain, said:
BNB Chain is a community-driven, decentralized and censorship-resistant blockchain, powered by BNB. It consists of BNB Beacon Chain and BNB Smart Chain (BSC), which is EVM compatible and facilitates a multi-chain ecosystem. It is the world’s largest smart contract blockchain in terms of transaction volume and daily active users. It has processed 3 billion transactions to date from 163 million unique addresses, bringing developers massive user access with ultra-low gas fees and zero downtime since inception. The ecosystem has more than 1,300 active dApps across multiple categories such as DeFi, Metaverse, blockchain games, NFT, and more.
Website | Twitter | Discord | Telegram | GitHub |
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Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
Sponsored
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
Sponsored
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
