Starting July 24, 2025 at 09:00 UTC, the Bitlayer Booster Program will reward users who complete multi-phase tasks with a share of 30 million BTR tokens. To participate, users must have at least 61 Binance Alpha Points and be using the Binance Wallet (Keyless) system. 

In addition, eligible users will be able to subscribe to BTR tokens during the upcoming Pre-TGE event, gaining access before the token becomes publicly tradable. Details and dates for the pre-sale will be announced soon. 

Get ready to join the Booster campaign with @BitlayerLabs on #Binance Wallet!

Start Time: July 24th, 2025, at 09:00 (UTC).
Eligibility: Users with 61 or above Binance Alpha Points
Rewards: 30,000,000 BTR

Important Note: Tokens from the Booster Campaign are subject… pic.twitter.com/zsIwDdB9sl

— Binance (@binance) July 23, 2025

These exclusive events hosted by Binance present a valuable opportunity for early supporters of the innovative Bitlayer project. Users of Binance Wallet are already preparing to participate in both the airdrop campaign and the token subscription phase.

Click here to register on Binance with 20% trading fee discount!

What is Bitlayer (BTR)? 

Bitlayer is the first EVM-compatible Bitcoin Layer 2 rollup, combining the robust security of Bitcoin with the flexible programmability of Ethereum. It enables developers to build scalable smart contracts and decentralized applications (dApps) on the world’s most secure blockchain infrastructure. Bitlayer bridges Bitcoin’s reliability with the innovation of DeFi and Web3 ecosystems, offering a next-generation platform for decentralized development.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates. 

The post Binance Wallet Announces New Pre-Sale Event! appeared first on Coin Engineer.

What is Velvet Capital (VELVET)?

Founded by a team with extensive experience in the crypto world since 2016, Velvet Capital is a platform equipped with innovative technologies, offering a user-friendly interface that provides comprehensive solutions for both individual and institutional investors.

The VELVET token serves as the cornerstone of this ecosystem, used for platform governance, transaction fee discounts, and staking rewards.

What Problems Does Velvet Capital Solve?

The decentralized finance (DeFi) ecosystem, despite its opportunities, faces several challenges. Velvet Capital addresses these issues with innovative solutions:

DeFi Complexity and Fragmentation

Navigating different protocols, interfaces, and blockchain networks in the DeFi world is both time-consuming and complex. Users often have to manage multiple wallets and platforms to handle their portfolios. Velvet Capital eliminates this complexity by consolidating all operations into a single platform.

Lack of Professional Tools

Traditional DeFi platforms typically offer basic swapping functionalities and lack the advanced tools professional investors require. Velvet bridges this gap by providing MEV protection, smart routing, and institutional-grade analytics tools.

Information Overload and Insufficient Analysis

DeFi users are bombarded with vast amounts of data, including price feeds, social media sentiment, and on-chain analytics. Processing this data meaningfully is challenging. Velvet’s AI-powered system analyzes this data to deliver actionable insights to users.

Inefficient Capital Management

Current DeFi solutions struggle to optimize capital allocation across multiple protocols. Velvet enables users to seize yield opportunities, easily rebalance portfolios, and automate complex strategies.

The Story Behind Velvet Capital

Velvet Capital was founded by a team active in the crypto space since 2016. The team’s diverse expertise spans developing digital investment platforms in traditional finance, managing Web3 incubators, and contributing to the Ethereum Foundation. This experience led to the creation of Velvet Capital to address the complexity of DeFi portfolio management. The platform adopts a DeFAI (AI-powered DeFi) approach, making sophisticated strategies accessible to both individual users and institutions. Additionally, through Velvet DAO, it offers a community-driven governance model with a vision of progressive decentralization.

Key Features of Velvet Capital

Velvet Capital stands out in the DeFi world with its innovative features. Here are the platform’s key features:

1. Smart and Intent-Based Trade Execution

Velvet’s intent-based transaction architecture intelligently routes trades across on-chain sources (AMMs, DEXes) and OTC-like platforms to ensure optimal execution. This system provides users with best price guarantees and MEV protection, delivering an institutional-grade trading experience.

2. Velvet Unicorn: AI-Powered Assistant

Velvet Unicorn is the platform’s AI layer, drawing significant attention. This multi-agent system operates with specialized AI models, each assigned specific roles (CEO, Researcher, Analyst, Trader). Users can ask questions in natural language (e.g., “Which tokens are trending on Base?”) to receive insights on market trends, social sentiment analysis, and technical analysis. Moreover, Velvet Unicorn can automatically execute trades or strategies based on user instructions.

3. Seamless DeFi Yield Optimization

Velvet integrates with over 30 DeFi protocols, enabling users to access yield opportunities with a single click. Actions like trading, token approval, and staking are consolidated into a single transaction, allowing users to optimize their portfolios effortlessly.

4. Non-Custodial Portfolio Management

Velvet’s portfolio vaults operate through smart contracts, ensuring users maintain full control over their assets. Portfolio managers can implement strategies without holding user funds, while users can withdraw their assets by burning LP tokens at any time. Additionally, multi-signature (multi-sig) support caters to institutional needs.

5. Multi-Chain Infrastructure

Velvet operates on popular blockchain networks such as Base, Solana, Ethereum, BNB Chain, and Bitlayer. In the future, it will offer omni-chain strategies, allowing managers to execute trades across multiple ecosystems simultaneously.

Use Cases of Velvet Capital

Velvet Capital caters to a wide range of users with its versatile applications:

Professional Trading and Research

Crypto traders can use Velvet’s trading terminal to discover trending tokens, analyze high-volume pairs, and gain real-time insights through the AI assistant. Trading via natural language commands offers significant convenience for both experienced and novice traders.

Community Portfolio Management

Investment DAOs, influencers, and trading groups can leverage Velvet’s vault creation tools to build transparent performance records. Community members can join strategies at the same prices as managers, protected from front-running risks.

Institutional DeFi Solutions

Hedge funds and asset managers can use Velvet’s white-label infrastructure to launch DeFi products under their own brands. This eliminates costly and time-consuming development processes, enabling rapid market entry.

Automated Strategy Execution

Advanced users can utilize Velvet’s API layer to create custom trading algorithms and automate complex strategies. The AI framework can autonomously manage portfolios based on market conditions and predefined parameters.

The Future of Velvet Unicorn

Velvet Unicorn is at the core of the platform’s AI-driven vision, progressing through a three-phase roadmap:

Phase 1: On-Chain Research

This phase is complete, with Velvet Unicorn capable of discovering alpha and making price predictions using on-chain data.

Phase 2: Intent-Based Execution

Velvet Unicorn executes automated trades and DeFi actions based on user instructions.

Phase 3: Autonomous Trading and Portfolio Management

In the future, Velvet Unicorn will offer fully automated strategies, including trend token scanning, portfolio creation, volatility-based rebalancing, and treasury management.

VELVET Token and Tokenomics

The VELVET token is a utility token that supports the platform’s operations and governance. The token distribution is as follows:

• 20% Team and Advisors (1-year lockup, 3-year linear vesting)

• 18.3% Foundation Treasury (DAO-managed for development and security)

• 17.5% Ecosystem and Community (grants for developers and projects)

• 14.9% Early Investors (Binance Labs, Selini Capital, etc.)

• 7% Exchange Listing and Marketing

• 5% Growth Fund (for referral programs)

• 5% Liquidity Provision (for DEX and CEX)

• 5% Airdrop and Staking Rewards

VELVET Vesting Schedule

Security and Audits

Velvet Capital places great emphasis on security. All smart contracts have been audited seven times by leading firms such as Peckshield, Softstack, and Resonance Security. Additionally, real-time threat monitoring is provided through Forta and Open Zeppelin Defender 2.0. Tenderly integration offers instant alerts for on-chain events.

VELVET Investors

Velvet Capital is backed by prominent investors, including YZi Labs (formerly Binance Labs), SkyVision Capital, Blockchain Founders Fund, Rarestone Capital, Arbitrum Foundation, and Cointelegraph.

Velvet Capital Founding Team

• Vasily Nikonov: Founder and CEO

• Ankit Raj: CTO

• Michael Hage: VP of Business Development

• Brendan Nestor: Head of Growth

Official Links

• Velvet Capital (VELVET) Website
• Velvet Capital (VELVET) X (Twitter)
• Velvet Capital (VELVET) Whitepaper

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post What Is Velvet Capital (VELVET)? appeared first on Coin Engineer.

ECHO Listing and Airdrop Opportunity!

Alongside the listing, eligible users will have the chance to participate in a special airdrop campaign offering 625 ECHO tokens. To qualify, users must have at least 170 Binance Alpha Points. The airdrop will be distributed on a first-come, first-served basis.

Each claim will consume 15 Alpha Points, and requests must be submitted and confirmed via the Alpha Events page within 24 hours of trading opening. Otherwise, the claim will be considered forfeited.

Promising Projects on Binance Alpha

Echo Protocol stands out as an innovative project focused on blockchain-based liquidity aggregation and Bitcoin yield infrastructure. Listings via Binance Alpha provide early access to promising tokens, offering a valuable opportunity for investors to explore projects at their inception.

To make sure you don’t miss future airdrop opportunities, keep an eye on Binance’s official announcements and follow trusted crypto news sources.

Click to Register to Binance Exchange with 20% Commission Discount!

What is Echo Protocol (ECHO)?

Echo Protocol is a next-generation infrastructure layer designed to aggregate Bitcoin liquidity and optimize BTC yields. It bridges fragmented BTC formats, making it easier to integrate Bitcoin into the DeFi ecosystem.

Users can deposit native BTC, liquid staking tokens (PumpBTC, LBTC), and wrapped BTC (wBTC, fBTC), which are unified under Echo’s BTC standard for seamless DeFi use. The protocol is compatible with Layer-2 BTC solutions like Babylon, BSquared, and Bitlayer.

With its Proof-of-Reserve system, Echo ensures transparency and security for user assets. The LST infrastructure enhances price efficiency, reduces depegging risks, and minimizes slippage while maximizing asset utility across decentralized platforms.

Echo Protocol is positioning itself as a key player in the evolution of BTCFi and decentralized finance.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post New Altcoin Listing and Airdrop Opportunity from Binance Alpha! appeared first on Coin Engineer.

This partnership marks Nansen’s first entry into the Bitcoin Layer-2 ecosystem. Nansen CEO Alex Svanevik stated to Cointelegraph that this collaboration aims to establish a foundation for deeper insights and more efficient decision-making within the Bitcoin L2 ecosystem.

Svanevik stated, “By expanding our analytics capabilities to Bitlayer, we aim to support its users and further accelerate adoption in the BTC L2 ecosystem. This aligns with our mission to surface signals and create winners.”

Charlie Hu, Bitlayer co-founder, highlighted that Nansen’s expertise in on-chain data will significantly contribute to the Bitlayer community by helping them better understand network dynamics and identify opportunities. Hu stated, “This collaboration strengthens our commitment to building an open, data-driven environment on Bitcoin. This environment will foster innovation and growth for decentralized applications and services.”

By offering Nansen’s powerful analytics tools to its users, Bitlayer is taking a crucial step toward fostering growth and innovation within its ecosystem. This partnership will play a critical role in advancing Bitcoin’s Layer-2 development and reaching a broader user base.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Major Partnership Between Nansen and Bitlayer appeared first on Coin Engineer.

Bitlayer: Addressing Bitcoin’s Scalability Challenges

Bitlayer aims to address Bitcoin’s scalability challenges by leveraging the latest technologies, including Taproot and BitVM. It enables users to manage a wide range of conditional financial applications with high security, utilizing the Discreet Log Contract (DLC) framework.

This approach aims to tackle the Bitcoin network’s scalability issues, paving the way for more efficient and secure transactions.

Bitcoin’s Dominance and Evolving Ecosystem

Over the past 15 years, Bitcoin has established itself as a dominant force in the cryptocurrency market, accounting for 53.4% of the total crypto asset market capitalization, exceeding $2.28 trillion.

Ethereum follows with a significant 15.8% share, boasting over $90 billion in Total Value Locked (TVL) and a vibrant Layer 2 ecosystem valued at $39 billion.

The recent surge in interest in Ordinals, Runes, and BRC-20 protocols highlights the evolving dynamics within the Bitcoin ecosystem.

Runes and Ordinals have amassed market capitalizations of over $700 million and $33 million, respectively, generating approximately $418 million in total fees.

This growth reflects the increasing demand for diverse interactions within the Bitcoin network, which currently serves over 11.39 million active users.

OKX’s Commitment to Innovation

OKX’s investment in Bitlayer aligns with its commitment to supporting innovative solutions that enhance the functionality and security of blockchain networks.

Bitlayer’s robust approach, grounded in the BitVM paradigm, is expected to play a pivotal role in scaling Bitcoin’s capabilities and fostering broader adoption.

The post OKX Ventures Invests in Bitlayer, a Bitcoin Layer 2 Solution appeared first on Coin Engineer.