Altcoin News Official TheBitTimes.com

Binance, the top global crypto exchange by trading volume, is rolling out support for the new native token of a decentralized fiat stablecoin issuer. Binance Launchpool, which lets users stake coins to farm new assets, says its 61st project will be Usual, a stablecoin issuer that aims to redistribute protocol ownership and governance through its native USUAL token. Explains the project, “Unlike Tether and Circle, which generated over $10B in 2023 without sharing wealth with users, Usual ensures equitable distribution of generated value. By integrating Real-World Assets directly into DeFi, Usual provides a more secure, transparent, and decentralized alternative that aligns with the principles of decentralized finance. Additionally, Usual empowers users to become true owners of the protocol. This is achieved by allowing them to control the infrastructure, treasury, and governance through the governance token.” The protocol already issues Usual USD (USD...

Troubled crypto exchange Binance has pledged to airdrop up to $3 million worth of its BNB token to users affected by the earthquake in Morocco and up to $500,000 in BNB to those living in areas impacted by the floods in Libya — but some aid experts say that it screams marketing ploy rather than genuine disaster relief. In two separate press releases, Binance pledged to airdrop $100 worth of BNB to those who have already completed proof of address (POA) checks in Libya and Morocco. Only Binance users identified as living in areas affected by the natural disasters will be eligible — those who provide POA afterwards will receive $25 in BNB, and all active users will be airdropped $10 in the native token. According to Binance, this POA method “has its limitations and inaccuracies,” however it’s “the best method we have available to us to locate potentially impacted users.” The crypto exchange, currently embroiled in regulatory probes across the g...