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Articles by Amber Group--
Binance News(@Binance_News)'s insights
According to Foresight News, blockchain analytics firm Chainalysis has revealed that despite the significant dollar value associated with crypto crimes, the proportion remains relatively small. Eric Jardines, the head of research at Chainalysis, stated that less than 1% of on-chain value is linked to illegal activities. However, there is a growing trend in the use of cryptocurrencies for various illicit purposes, including child exploitation materials and other cybercrime tools.
Binance News(@Binance_News)'s insights
Peregrine Exploration Secures $3.6 Million in Funding Led by Polychain Capital and Dragonfly According to Odaily, blockchain development and research company Peregrine Exploration has successfully raised $3.6 million in a recent funding round. The investment was led by Polychain Capital and Dragonfly, with additional participation from Robot Ventures, Pier Two, EIV, and Global Coin Research. Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.See T&Cs.
Binance News(@Binance_News)'s insights
According to Odaily, management consultant and Ethereum investor DCinvestor has called for a strategic repositioning of the Ethereum Foundation (EF). In a recent post on the X platform, DCinvestor emphasized that EF should publicly highlight Ethereum (ETH) as programmable money, with censorship resistance being a core value proposition of the technology.
Binance News(@Binance_News)'s insights
Edge Matrix Chain Secures $20 Million Funding Led By Polygon Ventures And Amber Group According to BlockBeats, on August 29, the multi-chain infrastructure project Edge Matrix Chain successfully raised $20 million in funding. The funding round was led by Polygon Ventures and Amber Group, with participation from One Comma, Kapley Judge and Associated Corporations, and Cyberrock Venture Fund. Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.See T&Cs.
Binance News(@Binance_News)'s insights
According to PANews, Hong Kong has recently released a summary of its stablecoin regulatory consultation and announced the sandbox applicants, drawing the Web3 community into discussions about HKD stablecoins and Web3 payments. In a significant article, HKMA Deputy President Chen Weimin clarified that entering the 'sandbox' is not a prerequisite for applying for a stablecoin issuer license in the future.
Binance News(@Binance_News)'s insights
On Aug 27, 2024, 18:24 PM(UTC). According to Binance Market Data, BNB has dropped below 550 USDT and is now trading at 549.700012 USDT, with a narrowed 1.03% decrease in 24 hours.
Binance News(@Binance_News)'s insights
According to BlockBeats, Sonic Labs, formerly known as Fantom, has announced that its Sonic testnet will go live next week. The official announcement was made on August 28, 2024.
Binance News(@Binance_News)'s insights
According to BlockBeats, on August 28, Steve Yun, Chairman of the TON Foundation, announced on social media that the petition initiated by the TON community calling for the release of the Telegram founder in France has garnered over 300,000 signatures.
Binance News(@Binance_News)'s insights
According to BlockBeats, on August 28, Real Vision's Chief Crypto Analyst Jamie Coutts stated that Bitcoin's price trajectory is likely to enter what is termed the 'Banana Zone,' barring any fundamental changes. This term, coined by Real Vision founder Raoul Pal, refers to a debt refinancing cycle driven by macroeconomic forces that impact all asset prices, with cryptocurrencies being particularly affected.
Binance News(@Binance_News)'s insights
According to BlockBeats, on August 28, Variant Fund co-founder Li Jin announced on social media that she will transition from a general partner to an advisory role at the firm. Jin stated that she will continue to collaborate with portfolio companies and provide guidance to the team, but will no longer be involved in investment decisions and daily company management.
Binance News(@Binance_News)'s insights
According to BlockBeats, on August 28, Echelon Market, a general lending platform, announced the successful completion of a $3.5 million seed funding round. The round was led by Amber Group, with participation from Laser Digital, Saison Capital, 280 Capital, and Cypher Capital. Echelon Market's core currency market operates through non-custodial pools, enabling asset lending.
Binance News(@Binance_News)'s insights
According to Odaily, Jupiter announced on the X platform that the 'Micro-Grant System' proposal has been approved with 228,000,000 JUP votes in favor. This marks a significant milestone for Jupiter DAO in demonstrating and refining the micro-grant system model to leverage decentralized leadership. The working group will now begin the preliminary review phase with small grants (as a baby working group) to gain more confidence and support through community collaboration.
Binance Square Official(@Binance_Square_Official)'s insights
T-3 Days to the end of the Creator Awards and we've got a Double Trouble Special! To spice up the competition, every vote casted from 27 to 29 August 2024 will be counted as 2 votes! Last 3 days to get your votes in for the Binance Square Creator Awards and unlock a share of the $50,000 worth of rewards.
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