South Korean company Steemhunt accuses Binance of intellectual theft

Steemhunt is the core team of Hunt Town, a Web3 firm formed to expand Web3 culture and products with a particular focus on DApp development.as a tool that “You can turn your creative visions into NFTs with AI.” The Bicasso tool, launched by Binance, is also being promoted as a tool that “You can turn your creative visions into NFTs with AI.”“It’s not only unethical, but it’s also confusing for users. The names are so similar that it’s hard to tell them apart.

Ggoma is expecting that Binance will recognize the consequences of its actions and take appropriate action to address the issue. Ggoma was dissatisfied with Binance’s move, claiming that the similarity in product names and features would confuse users and stifle the growth of their innovation.Read the best crypto stories of the day in less than 5 minutes

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BUSD’s market cap falls to this level for the first time in 2 yearsThe market capitalization of BUSD has dropped below $10 billion. Rising regulatory scrutiny of Paxos and Binance is reportedly the cause of the lost market cap. Binance USD [BUSD] is the world’s third largest stablecoin by market capitalization. However, that market cap has shrunk considerably over the past few weeks. BUSD began the year with […]
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