MetaTdex and Eggbit Form Strategic Partnership to Advance Blockchain Adoption

🤝 DEX Giants Join Forces

By MetaTdex
Dec 5, 2024, 2:37 PM
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MetaTdex, a leading multi-chain DEX, has formed a strategic partnership with crypto platform Eggbit, formalized through an MOU signing.​

The collaboration aims to:

  • Explore both on-chain and off-chain blockchain applications
  • Educate mainstream users about blockchain technology
  • Facilitate easier crypto adoption for newcomers

MetaTdex currently operates across BSC, HECO, and Polygon chains, serving 300,000+ users in 50+ countries.​ The platform holds DMCC and MSB licenses, with daily trading volumes exceeding $40M.​

Want to learn more? Visit MetaTdex or Eggbit's platform to explore their services.​

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Binance Updates Proof of Reserves with BTC Reserve Ratio at 103.50%

Binance Updates Proof of Reserves with BTC Reserve Ratio at 103.50%

**Binance has released its latest Proof of Reserves update**, showing a **Bitcoin reserve ratio of 103.50%**. This means Binance holds slightly more Bitcoin than customer deposits require, demonstrating the exchange maintains adequate reserves to cover user funds. - The 103.50% ratio indicates Binance has **3.5% excess Bitcoin reserves** - This follows similar transparency efforts by other major exchanges - Kraken previously reported a higher **114.9% BTC reserve ratio** in May **Proof of Reserves** has become a standard practice for exchanges to build trust after industry upheavals. The reports provide cryptographic proof that exchanges hold sufficient assets to meet withdrawal demands. The update reinforces Binance's commitment to **transparency and user fund safety** in the current regulatory environment.

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