Binance Announces Launch of NFT Marketplace

Binance announced that it will be launching its own Non-fungible Token (NFT) market on June 24, following the steps of platforms like Crypto.com and Gemini.

The platform aims to become the “ultimate destination” for NFT and digital collectible enthusiasts looking to add content from some of the “world´s top creators and artists” to their digital collections.

Over the next weeks, the exchange will be announcing the name of some of the creators that will be launching their content on the platform on June 24, with a slate that will include digital artists, musicians, athletes, and celebrities.

So far, Binance has announced that users will have access to content by Two-time BRIT Award winner Lewis Capaldi, visual artist Trevor Jones, Esports team eStarPro, and football stars Michael Owen and Alphonso Davies.

A program for content creators by the name of the “Innovative creators program” was announced earlier in May to allow content creators interested in joining the emerging NFT collectibles space to do so.

The marketplace will make use of Binance Smart Chain, the network launched by Binance back in April of 2019, which has become an increasingly popular alternative to the Ethereum network over the past months when it comes to NFTs and Decentralized Finance.

CipherTrace Now Supports Binance Smart Chain

CipherTrace, one of the leading cryptocurrency cybersecurity companies in the world, announced on May 27th that it has added analytics support for Binance Smart Chain, which will allow the identification of higher-risk financial transactions taking place in the network.

The addition of Binance Smart Chain support is just the latest addition to the more than 1000 virtual assets that the cybersecurity firm already analyzes, expanding the compliance support the company can provide projects looking to make use of the blockchain network.

CipherTrace’s CEO, Dave Jean, referred to the development by stating:

“We are very excited to announce analytics support for one…

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