Decentralised perpetuals exchange Aster soared on Sunday after Binance founder Changpeng Zhao said he has purchased more than $2 million in the protocol’s token. The Aster token was trading at $0.91 on Sunday before Zhao, better known as CZ, said on social media that he had bought just over two million tokens. Within an hour, Aster was trading above $1.20, an increase of more than 30%. “I am not a trader. I buy and hold,” Zhao wrote on X. The upstart is backed by YZi Labs, a family office run by Zhao. T ...

RT BSCN (@BSCNews)📣 BNB Chain News Update: October 28th...Another massive $BNB token burn, the x402 craze coming to @BNBChain, and @pupXbnb continues to build out its ecosystem.Catch up and make sure you aren't left behind by 2025's BNB Szn...[Sponsored] https://t.co/lyUld48Ekn ...

Market Impact - Binance's Zhao's pardon is considered a significant catalyst ("rocket fuel") for the BNB token ecosystem [1]

RT BSCN (@BSCNews)📣 BNB Chain News Update: October 28th...Another massive $BNB token burn, the x402 craze coming to @BNBChain, and @pupXbnb continues to build out its ecosystem.Catch up and make sure you aren't left behind by 2025's BNB Szn...[Sponsored] https://t.co/lyUld48Ekn ...

RT BSCN (@BSCNews)📣 BNB Chain News Update: October 28th...Another massive $BNB token burn, the x402 craze coming to @BNBChain, and @pupXbnb continues to build out its ecosystem.Catch up and make sure you aren't left behind by 2025's BNB Szn...[Sponsored] https://t.co/lyUld48Ekn ...

BNB Token Burn - BNB Chain 完成第 33 次季度 BNB 代币销毁，直接在 BNB 智能链 (BSC) 上进行 [1] - 本次销毁共计 144 万 BNB [1] Data Summary - 144 万 (1440 thousand) BNB 代币被销毁 [1]

The 33rd quarterly $BNB token burn has been completed directly on BNB Smart Chain (BSC).1.44M #BNB has been burned 🔥View the details of the burn below ⬇️https://t.co/GPfpeZ5fBT https://t.co/kTQIHTfKvA ...

Core Insights - Coinbase has acquired Echo to enhance capital market accessibility and efficiency for founders struggling to raise funds [1][2] - The integration of Echo's tools aims to democratize early-stage investing and improve community participation in fundraising [3][4] Group 1: Acquisition Details - The acquisition of Echo was announced on October 21, with Echo providing a platform for community investments and various options for founders' cap tables [2] - Echo has completed over 300 deals, raising more than $200 million, aligning with Coinbase's vision of democratizing early-stage investing [4] Group 2: Strategic Goals - Coinbase intends to leverage Echo's infrastructure to support tokenized securities and Real-world Assets (RWAs) in the future [4] - The acquisition strengthens Coinbase's position in the digital asset sector and supports its expansion into new jurisdictions [5] Group 3: Market Expansion - Coinbase has recently invested in CoinDCX, one of India's largest cryptocurrency exchanges, which has over 20 million users and an annualized revenue of approximately $141 million [6] - The investment in CoinDCX is part of Coinbase's strategy to expand its footprint in the global cryptocurrency market [5]

Listing & Token - Coinbase is preparing to list the $BNB token [1] Roadmap Update - Coinbase's updated roadmap indicates the potential listing of $BNB [1]

Core Insights - BNB Chain is distributing $45 million worth of BNB tokens to memecoin traders as a response to recent market turbulence [1][2] - Over 160,000 addresses are eligible for the airdrop, with distributions expected to be completed by early November 2025 [2] - The recent crypto market crash saw $19 billion in leveraged trades liquidated, significantly impacting memecoins [3][4] BNB Chain and Memecoins - Memecoins, which are often based on humor or popular culture, were severely affected by the market downturn, but BNB has shown resilience with a 3.7% increase in value [4] - BNB Chain is launching its own memecoin platform, Four.meme, aiming to replicate the success seen on the Solana blockchain [5] - The recent rise and fall of a Mandarin-named memecoin, Binance Life, highlights the volatility and speculative nature of memecoins [6] Relationship with Binance - BNB Chain was developed by Binance in 2020, and the exchange's infrastructure supports the growth of BNB Chain projects [7]