Core Ignition Drop Claiming Guide

 The Core Ignition Drop, which started the rewards claim on June 10, 2024, allows Coretoshis (Core Community) to unlock incentives for their contributions and engagement in the Core Blockchain. The Incentives claimed by the participating community are based on their activities up from the day they join the program until the snapshot is taken. In this article, I will discuss how to participate in the Core Ignition Drop, its benefits, and more. What is Core Ignition? Core ignition is an incentive program developed by the Core Foundation to jumpstart the growth of the DeFi ecosystem on Core Blockchain, the program started on March 11th, 2024, and will continue for six months, providing ample time for users to participate and reap the benefits, rewarding the community for their contributions to the network. By participating, users can earn rewards while simultaneously helping to fuel the growth and adoption of the Core ecosystem. The Core Ignition Program is for both ecosystem users and We

Binance Bahrain secures a full Category 4 license as a crypto-asset service provider.




The leading cryptocurrency exchange platform Binance celebrates receiving a full Category 4 license as a crypto-asset service provider (CASP) from the Central Bank of Bahrain (CBB).

In the announcement, Binance Bahrain becomes the first crypto-asset service provider to hold a full category 4 license.


The category 4 license will allow Binance Bahrain to offer a wider range of crypto exchange services to users in Bahrain, helping Binance increase the freedom of money globally.

A Category 4 licensed entity can onboard retail clients through a retail clients regulatory license endorsement fee and compliance.

Richard Tent, Head of MENA at Binance said:
"The upgrade to a Category 4 license in the Kingdom of Bahrain is a landmark achievement for Binance and further signifies our commitment to being a compliance-first exchange."

This development sees the Middle East region Bahrain furthermore becoming a leading global hub for crypto in the area.

The Central Bank of Bahrain's (CBB) role is to implement Bahrain's monetary and foreign exchange rate policies, manage government reserves and debt issuance, and issue the national currency much like any other typical central bank.


Spread the news

Comments