Former CEO of Binance, Changpeng Zhao (CZ), hints at a new venture focused on education in his recent announcement. The project, disclosed in a post, is not linked to any token launch but aims to serve educational purposes. CZ assures to keep the community informed with more details "soon." Following a money laundering investigation, CZ left Binance, paying a $50 million fine as part of the settlement with the U.S. Justice Department. With sentencing set for April 30, CZ could potentially face up to 18 years behind bars.
Shiba Inu's Lucie Teases Exciting Plans for SHIB Metaverse with TREAT Token
Lucie, a marketing specialist at the Shiba Inu project, shares an update on the SHIB Metaverse through a post on X platform. Accompanied by a brief video, the update offers a glimpse into the future of SHIB Metaverse, hinting at significant plans involving the upcoming token TREAT. TREAT, part of the Shiba Inu ecosystem, will serve multiple purposes, including rewarding SHIB holders in the metaverse and providing liquidity to the SHI stablecoin.
Solana Surpasses Binance Coin (BNB) to Become Fourth-Largest Cryptocurrency
Solana (SOL) has overtaken Binance Coin (BNB) in terms of market capitalization, becoming the fourth largest cryptocurrency on CoinMarketCap. With SOL's market cap reaching $89.3 billion, surpassing BNB's $85.6 billion, the achievement coincides with SOL's price surge, reaching $201, marking a 35.14% increase over the past week. Large investors' accumulation of SOL, known as “whales,” contributed to this growth. However, both SOL and BNB witnessed a decline in prices and market valuations over the past 24 hours, with SOL trading at $177 and BNB at $514. Despite this, Solana maintains a higher market cap of $78.6 billion compared to BNB's $76.9 billion.
Crypto Updates: CZ's Educational Project, SHIB Metaverse Plans, and Solana's Market Cap Triumph
CZ, the former CEO of Binance, hints at an educational project amidst legal challenges. Lucie from the SHIB team shares insights into the SHIB Metaverse plans, focusing on the significance of the upcoming TREAT token. Meanwhile, Solana surpasses Binance Coin in market capitalization.