


A recap of notable news from the week.
DeFi News From Last Week
Cryptocurrency never sleeps, and neither does crypto news and content. Because of this constant stream of information, it’s difficult for investors to keep track of the most notable news. In this weekly recap, BSC News shares some of the most exciting stories and breaking news events of the week to help you stay up-to-date on all things DeFi.
Tiny World Game Continues to Grow Since Being Named BNB Chain “Star”

GameFi has become a heavily established arm of the cryptocurrency sector, creating significant competition between GameFi developers and projects. This can make it difficult for a project to stand out or gain public attention without a little help. Tiny World Game was named to BNB Chain’s July Project Stars list and has since turned in impressive numbers - we caught up with CMO Adam Bauldry to discuss this growth and the launch of their SPIRIT NFTs.
Read more about the recent success of the GameFi project here.
Duck vs. Bear: RichQuack Social Activity Battles General Crypto Downturn

RichQuack, a hyper-deflationary meme token based on BNB Chain, has long impressed many with its impressive social media presence. With success built off of constant giveaways and interaction with the community, RichQuack has spent a large portion of the last month sitting atop the social score rankings, according to data from LunarCrush. Despite this imposing presence on social media, the $QUACK token has trended in the opposite direction in a market filled with bearish sentiment.
Read more about the token’s social media and price trends here.
FTX Wins Bidding War Against Binance for Voyager Assets

The crash of Terra/LUNA had catastrophic consequences for the entire crypto market, with investment funds like 3AC, Celsius, and Voyager seeing their liabilities soar during the ensuing market spiral. This has led to some firms auctioning off their assets to cover losses, with Voyager making the headlines thanks to a bidding war between Binance and FTX. While it was reported that Binance was in a strong position to purchase the assets, FTX was able to place a $1.4B bid that bested all other offers to claim ownership.
Check out what the auction results mean for Voyager account holders here.
New Life in Luna Classic? CZ Announces Binance LUNC Burn Mechanism

Despite the news that South Korea had issued a “red notice” to Interpol regarding the search for and arrest of Luna Classic ($LUNC) founder Do Kwon, the revised version of the fallen $LUNA actually saw a spike in value recently - thanks to Binance. On September 23, Binance CEO Changpeng Zhao (CZ for short) announced on Twitter that the exchange would support the 1.2% transaction burn fee by burning all trading commissions collected on $LUNC spot and margin pairs against $BUSD and $USDT. A scant 5 minutes later, the price of $LUNC had soared by 25%.
Read more about the exchange’s plans in this article.
What are the Top 5 NFT Marketplaces on BNB Chain

While not as known for NFTs as other chains, the NFT community on BNB Chain has been gaining more momentum in recent times. This has led to a variety of NFT marketplaces launching on the chain, with some seeing more success than others. BSC News did a little research into these marketplaces and concluded that these are the top 5 marketplaces on the chain in terms of trading volume:
- Element Market
- PearDAO
- Radio Caca Market
- Liquidifty
- BitKeep NFT Market
Check out this article to learn more about each marketplace.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Related News


Ether Futures ETFs Hit the Market: ProShares, VanEck, and More Offer Options

This marks the first-ever ETFs based on ether futures, following the introduction of the first bitcoin futures ETF two years ago.
Summary
- A range of exchange-traded funds (ETFs) targeting the performance of ether futures have been launched.
- These offerings mark the first-ever ETFs based on ether futures, coming almost two years after the introduction of the first bitcoin futures ETF.
In a significant development for the crypto industry, a range of exchange-traded funds (ETFs) targeting the performance of ether futures have been launched. These offerings mark the first-ever ETFs based on ether futures, coming almost two years after the introduction of the first bitcoin futures ETF.
Renowned for launching the first U.S. bitcoin futures ETF, ProShares leads the charge with the launch of the ProShares Ether Strategy ETF, along with two additional offerings that provide a blend of exposure to both bitcoin and ether. ProShares’ CEO, Michael L. Sapir, expressed optimism about the appeal of these crypto-linked ETFs to investors, stating, "We think that many investors who are interested in cryptocurrencies but are concerned about custody risks, or who are challenged by the learning curve and complexities required to buy them directly, will be attracted to our crypto-linked ETFs."
Bitwise also joined the fray with two ether futures ETFs: the Bitwise Ethereum Strategy ETF and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF.
VanEck, a prominent asset manager, has also entered the arena with the VanEck Ethereum Strategy ETF. This ETF is designed to target capital appreciation by investing in ether futures contracts, providing investors with an alternative path to participate in the robust futures market centered around Ethereum.
Additionally, the VanEck Ethereum Strategy ETF has also entered the market, “designed to seek capital appreciation” through ether futures contracts. As highlighted by Kyle DaCruz, Director of Digital Asset Product at VanEck, these offerings provide a means for investors to tap into the robust futures market surrounding Ethereum.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Follow us on Twitter and Instagram!
If you need tools and strategies regarding safety and crypto education, be sure to check out the Tutorials, cryptonomics explainers, and Trading Tool Kits from BSC News.
Looking for a job in crypto? Check out the CryptoJobsNow listings!
Author

Try Now!

Sign up Now
Coming Soon

WIN BIG

Coming Soon

Sign Up Now

Earn Now
Coming Soon

Sign Up Now

Play & Mine!
Coming Soon
Editors Choice
Other Currencies
- nameLTBuyLitecoin
Sponsored
Buy Crypto with Fees as low as 0%
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
£0£0+0% - nameLTBuyEOS
Sponsored
Buy Crypto with Fees as low as 0%
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
£0£0+0% - nameLTBuyMonero
Sponsored
Buy Crypto with Fees as low as 0%
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
£0£0+0% - nameLTBuyBitcoin Cash
Sponsored
Buy Crypto with Fees as low as 0%
Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
£0£0+0%