Binance Launches Microsoft-Backed Space and Time on Launchpool

Binance introduces Space and Time (SXT) on Launchpool, with Microsoft backing for blockchain data solutions.

Binance Launches Microsoft-Backed Space and Time on Launchpool
Key Points:

  • Binance announces Space and Time on Launchpool.
  • Staking begins on May 6, 2025.
  • Microsoft supports the blockchain venture.

binance-launches-microsoft-backed-space-and-time-on-launchpool
Binance Launches Microsoft-Backed Space and Time on Launchpool

Binance officially introduced Space and Time (SXT) on its Launchpool platform on May 5, 2025, with staking beginning May 6, 2025, at 00:00 UTC.

The announcement highlights Binance’s ongoing innovation with Launchpool, supported by Microsoft backing Space and Time’s blockchain analytics technology.

Binance has added Space and Time (SXT) as its 69th Launchpool project, offering decentralized data solutions. Staking begins May 6, 2025. Binance’s involvement alongside Microsoft signifies a strong technological alliance.

“We are excited to introduce Space and Time as our 69th Launchpool project, showcasing innovation in decentralized data solutions.” – Changpeng Zhao, CEO, Binance, Binance Announcement

Space and Time’s blockchain project involves Microsoft, integrating technology as a decentralized data warehouse. Binance announced SXT’s listing to enhance its Launchpool offerings from May 8, 2025, at 13:00 UTC.

The integration of Space and Time into Binance’s Launchpool may boost investor interest, given its technological backing. Staking involves BNB, FDUSD, or USDC for SXT over two days.

Space and Time utilizes zero-knowledge proofs. The blockchain project combines tamperproof data with analytics, appealing to both Web3 initiatives and traditional businesses. The project’s focus could pioneer blockchain-based data solutions.

The integration of such decentralized data systems signifies potential advancements in blockchain technology. Market reactions to Microsoft’s involvement are anticipated. The financial community may focus on token performance post-launch. Historical trends from prior Binance Launchpool projects provide insight into SXT’s potential.

More From Crypto News

Bitcoin Refuses to Break: @jvisserlabs on Market Resilience
Crypto News

Bitcoin Refuses to Break: @jvisserlabs on Market Resilience

Bitcoin is holding where many expected it to crack. Crypto analyst @jvisserlabs flagged the pattern on X, pointing out that Bitcoin’s repeated refusal to break...

Oct 25, 20263 min read
Ethereum Exchange Withdrawals Hit Four-Month High: Santiment
Crypto News

Ethereum Exchange Withdrawals Hit Four-Month High: Santiment

Ethereum exchanges recorded a one-day net withdrawal of 169,770 ETH, the largest single-day outflow in more than four months, on-chain analytics firm Santiment...

Oct 24, 20262 min read
Bitcoin ETFs See $773M Two-Day Outflows as BTC Tests $80K
Crypto News

Bitcoin ETFs See $773M Two-Day Outflows as BTC Tests $80K

Bitcoin spot ETFs recorded a combined $773 million in net outflows across two consecutive trading sessions, coinciding with Bitcoin probing the $80,000 price le...

Oct 24, 20263 min read
Initia Halts After Hacker Mints $2.7M in Crypto
Crypto News

Initia Halts After Hacker Mints $2.7M in Crypto

A reported exploit on the Initia blockchain has allegedly allowed an attacker to mint approximately $2. 7 million in unauthorized crypto, forcing the network to...

Oct 24, 20264 min read
BlackRock Bitcoin ETF Caps Gains to Cushion Losses
Crypto News

BlackRock Bitcoin ETF Caps Gains to Cushion Losses

BlackRock has filed for a Bitcoin ETF that caps how much investors can gain in exchange for cushioning a portion of potential losses, a structure that trades Bi...

Oct 24, 20263 min read
Coinbase Halts GYEN Transfers, Plans USDC Balance Conversion
Crypto News

Coinbase Halts GYEN Transfers, Plans USDC Balance Conversion

Coinbase will halt transfers of the yen-pegged stablecoin GYEN on Oct. 26 and plans to convert remaining customer balances into USDC at market rates, according...

Oct 24, 20263 min read
shark

Author

shark

Read more CoinLive coverage and analysis from shark.