Monthly Archives: October 2023

Smooth Transition for Users Binance, the leading global cryptocurrency exchange, has achieved a significant milestone by successfully integrating the Chiliz (CHZ) 2.0 mainnet. To ensure a smooth transition for users, it is essential to follow specific guidelines: Deposit Deadlines Please make sure to deposit CHZ tokens via BNB Beacon Chain (BEP2), BNB Smart Chain (BEP20),[Read more…]

Binance Liquid Swap: Changes in Liquidity Pools The world’s largest cryptocurrency exchange, Binance, has recently unveiled plans to remove several liquidity pools on Binance Liquid Swap. This move involves the removal of major liquidity pools, including Bitcoin (BTC), Ethereum (ETH), BNB (BNB), Cardano (ADA), Polygon (MATIC), Solana (SOL), Shiba Inu (SHIB), and Dogecoin (DOGE). These[Read more…]

Understanding EtherHiding: The New Threat Vector Security experts at 0xScope and CertiK have observed a rising trend among cybercriminals utilizing BNB Smart Chain contracts. Despite its name, EtherHiding, a technique for concealing malicious code within blockchain smart contracts, is primarily associated with Binance’s BNB Smart Chain rather than Ethereum. This strategy is favored by hackers[Read more…]

Binance Coin (BNB) Quarterly Burn and Price Analysis Binance Coin (BNB) recently celebrated its 25th quarterly burn event, during which 2.14 million BNB tokens were burnt. This strategic move is aimed at reducing the supply of BNB and consequently increasing its price. Post the burn, BNB experienced a 3% price hike, reaching $213. The coin[Read more…]

Introduction Binance Research has recently unveiled its comprehensive report for Q3 2023, titled “State of Crypto: Market Pulse.” This in-depth analysis offers a valuable snapshot of the blockchain industry’s current state as it approaches the final quarter of the year. Market Highlights The report highlights several key aspects of the crypto market in Q3 2023:[Read more…]

BNB Greenfield Mainnet Launch: A Paradigm Shift in Web3 Data Ownership BNB Greenfield’s recent Mainnet launch marks a significant milestone in the world of Web3, heralding a revolutionary change in data ownership and privacy. In just five months, the platform has transitioned from its Testnet phase to an open decentralized data storage network, offering users[Read more…]

Expanding Educational Horizons The Blockchain Center and Binance Academy, two prominent institutions in the blockchain industry, have joined forces to enhance global blockchain education. Together, they are launching The Global University Outreach Program, an initiative designed to empower students and educators worldwide. Program Overview The Global University Outreach Program focuses on providing comprehensive education in[Read more…]

Introduction BNB Chain’s Greenfield Mainnet recently launched, offering decentralized data storage solutions on the BNB network. This article explores the significant developments and implications of this launch on both BNB Chain and Binance Coin (BNB) price action. Key Milestones of Greenfield Mainnet During the Testnet stage, Greenfield Mainnet achieved remarkable milestones, including 200,000 transactions among[Read more…]

BNB’s Deflationary Model BNB employs an innovative auto-burn system, aiming for a total supply of 100 million BNB. This mechanism ensures BNB’s deflationary model, preserving its value over time. The auto-burn system adjusts the number of tokens to be burned based on BNB’s price and the blocks generated on the BNB Smart Chain (BSC) each[Read more…]

Bitcoin’s Influence on Binance Coin (BNB) Bitcoin (BTC) recently made headlines as its value soared above $27,000, creating a ripple effect in the cryptocurrency market. Binance Coin (BNB) also experienced a 4% increase from its lowest point of $205, riding on the momentum generated by Bitcoin’s surge. Selling Pressure on BNB Despite these gains, BNB[Read more…]