Nike’s .SWOOSH NFT drop was filled with missteps, while a Bitcoin NFT collection topped the charts and NFT lending is gaining momentum with Binance and Astaria entering the market.
Tsuyoshi Chino added that Binance J.apan may be still “a long way off” its business and activities being properly understood in gaining regulatory acceptance
The tool, launching on Friday, will initially support Ethereum loans and NFTs from Bored Ape Yacht Club, Mutant Ape Yacht Club, Azuki and Doodles collections.
The widening discrepancy between the bitcoin price on Binance’s U.S. arm and global counterparts has some observers worried about impending legal action directed at the unit.
The leading cryptocurrency exchange will allow NFT collectors to purchase tokens on the Bitcoin network directly through their Binance accounts – bypassing the need to create a separate wallet for inscriptions.
The United States Justice Department’s national security division is conducting an inquiry into whether Binance allowed the violation of U.S. sanctions related to Russia’s invasion of Ukraine on its platform, according to a Bloomberg report.
“Binance LaunchPool are meant as air drops for our retail users, not just for a few whales,” Binance CEO Changpeng Zhao tweeted after Sun transferred $56 million in TUSD to Binance.