China News Daily TheBitTimes.com

NFT Marketplaces Leveraging BNB Chain NFT marketplaces leveraging BNB Chain are transforming the digital asset ecosystem with lower fees, faster transactions, and enhanced scalability. BNB Chain, a high-performance blockchain designed by Binance, has become a popular choice for NFT platforms due to its cost-effectiveness and robust infrastructure. One of the main advantages of BNB Chain for NFT marketplaces is its low transaction fees. Compared to Ethereum, BNB Chain offers significantly reduced gas costs, making it accessible for both creators and buyers. This affordability encourages wider participation, from emerging artists to seasoned collectors. Additionally, BNB Chain’s high transaction throughput ensures that NFT minting, buying, and selling occur quickly and efficiently. This capability is essential for marketplaces handling large transaction volumes or high-demand drops. The BNB Chain ecosystem supports interoperability, enabling cross-chain transfers of NFTs and integration ...

A significant portion of the population in South Korea is reportedly investing in crypto. Citing new central bank data provided by the office of Democratic Party Rep. Lim Kwang-hyun, Yonhap News Agency reports the number of people who hold crypto in South Korean exchanges exceeded 15.59 million in November, up by 610,000 from 14.98 million in October. The figures, based on the number of investors who have accounts in the five leading domestic exchanges, including Upbit, Bithumb, Coin One, Cobit, and Gopax, represent more than 30% of the estimated 51.23 million people who live in the East Asian nation. The report says the number of crypto investors has been on the rise likely as a result of market optimism following the victory of US President-elect Donald Trump, who has promised to support the virtual asset industry. The number of domestic crypto investors rose by 14.74 million in July, 14.82 million in August, 4.88 million in September and 14.98 million in Oct...