BNB Smart Chain, Binance’s blockchain network that supports smart contracts and dApps, implemented a key network upgrade and hard fork on 12 October. Network upgrade details As per Binance’s announcement, the BNB Smart Chain (BEP20) network upgrade and hard fork took place at the BNB Smart Chain block height of 22,107,423, or approximately at 2022-10-12 08:00[Read more…]
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Positive developments around the BNB Chain helped BNB coin climb the ladder during the last month. However, things seemed to have changed as BNB’s performance in the last few days did not look promising. The altcoin registered over a 5% seven-day decline in its price and at press time, it was trading at $270.12. Nonetheless, BNB still[Read more…]
The number of users staking ATOM witnessed a massive growth especially in the last 30 days. However, with the FUD over the BNB hack, with ATOM‘s tiny involvement, could impact the stakers revenue and ultimately ATOM’s price in the long run. The number of stakers who began to show interest in ATOM over the past month was huge as can[Read more…]
Binance made a major expansion and partnership-related announcements recently. On 3 October, Binance announced that it signed a memorandum of understanding (MoU) with the Financial Monitoring Agency of Kazakhstan. The MoU was signed as part of its ongoing efforts to educate law enforcement agencies around the world. Furthermore, as per the announcement, the company also set up offices in[Read more…]
Although the broader financial market experienced a downturn in the last quarter, data from CoinGecko showed that the global cryptocurrency market capitalization rose by 9% within the 90-day period. Interestingly, despite the growth in the global cryptocurrency market capitalization, the leading cryptocurrency asset Bitcoin [BTC], closed the quarter with a decline in its price. According to cryptocurrency research[Read more…]
Binance Coin is the 4th largest cryptocurrency by market capitalization. The exchange token has seen sideways movement on the price charts for nearly a month now as it formed a range between $260 and $300. At press time, the price approached the psychological $300-resistance once more. Despite the bullish momentum of the past few days, however, Binance[Read more…]
BNB Chain, home to leading decentralized exchanges PancakeSwap and Venus Protocol, closed Q3 with growth in some of its ecosystem metrics. According to the decentralized finance (DeFi) analytics platform AnalytEx, BNB Chain recorded growth in its number of daily transactions. It also recorded growth in the number of unique wallet addresses, and daily block count in September. The Chain,[Read more…]
Binance Coin is the 4th largest cryptocurrency by market capitalization. The exchange token has seen sideways movement on the price charts for nearly a month now as it formed a range between $260 and $300. At press time, the price approached the psychological $300-resistance once more. Despite the bullish momentum of the past few days, however, Binance[Read more…]
Although the broader financial market experienced a downturn in the last quarter, data from CoinGecko showed that the global cryptocurrency market capitalization rose by 9% within the 90-day period. Interestingly, despite the growth in the global cryptocurrency market capitalization, the leading cryptocurrency asset Bitcoin [BTC], closed the quarter with a decline in its price. According to cryptocurrency research[Read more…]
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject Why does one hold an exchange token? Exchange tokens aren’t necessarily known for ROIs or profits or anything. Ergo, the question – Why? Most wouldn’t even know the right[Read more…]