Author Archives: BSCN NEWS REPORTS

Binance.US and Unstoppable Domains Collaborate to Offer Branded Web3 Domains Binance.US, the U.S. arm of the world’s largest crypto exchange, has partnered with Unstoppable Domains to offer branded Web3 domains to its U.S. customers. This partnership allows Binance.US customers to create digital identities on the Polygon network using “.BinanceUS” domain names, simplifying the process of[Read more…]

BNB Gas Fee Reduction Results in Increased Usage on BNB Chain The cryptocurrency market experienced a bearish trend recently, which caused a decline in the value of most cryptocurrencies. However, Binance Coin (BNB) was able to maintain its value better than others, with just a 5% decline in the last seven days. At the time[Read more…]

Genesis Global’s Bankruptcy Proceedings Face Prolonged Delay Genesis Global, a subsidiary of the Digital Currency Group (DCG), may face a further delay in its bankruptcy proceedings due to a group of unnamed creditors reneging on an agreement that was made two months ago. According to the company, it is unclear why the creditors have backed[Read more…]

Binance.US Has Significant Tech Personnel Based in Shanghai, China Recent reports suggest that the U.S. arm of Binance has a significant amount of developers and product-related staff based out of China. Binance.US, which is owned by crypto mogul Changpeng “CZ” Zhao and was specifically established to cater to clients in the United States, is said[Read more…]

Binance Sensei: Assessing its Educational Value Binance, the global cryptocurrency exchange, has recently announced the integration of OpenAI’s ChatGPT into Binance Academy, called Sensei. To evaluate Sensei’s ability to serve as an educational tool, Protos, a news and media outlet, decided to ask it a few questions and document the answers. Questioning Binance Sensei Protos[Read more…]

YachtingVerse Launches the World’s First Marine-Themed Metaverse and SuperApp for the Yachting Industry YachtingVerse, the world’s first marine-themed metaverse and SuperApp for the yachting industry, has officially launched. The platform is built on the BNB Chain and designed for use on VR, mobile, and desktop devices. The YachtingVerse Platform YachtingVerse is a business-to-business and business-to-individual[Read more…]

Binance’s BTC/TUSD Trading Volume Reaches $60 Million per Hour The cryptocurrency exchange Binance saw an increase in its BTC/TUSD trading volume to $60 million per hour in late March after the exchange reinstated fees for other pairs, according to research firm Kaiko. Despite the exchange’s focus on TrueUSD, BTC trading volumes remained consistent with bear[Read more…]

BNB Greenfield Integration with xLog and its Implications BNB Chain has maintained its position as the second largest blockchain in terms of daily active users. However, recent developments in the network can propel further growth and increase the chances of BNB overtaking Tron on the list. BNB Greenfield adoption is on the rise, as xLog[Read more…]

Exploring the Future of Binance Coin (BNB) Despite the recent decline in the overall crypto-market, Binance Coin (BNB) has recorded its highest transaction volume since February. According to Santiment, BNB’s transaction volume reached 1.24 million, a significant achievement considering the current market conditions. Typically, a surge in transaction volume is accompanied by an increase in[Read more…]

Binance Faces Regulatory Pushback and Uncertainty on the Future of BNB Binance’s ecosystem has been at the receiving end of an unrelenting regulatory pushback in the first quarter of 2023, casting serious concerns on the future of one of the largest entities in the crypto space. The impact of these crackdowns has been severe. According[Read more…]