Author Archives: Cointelegraph.com News

BMW will integrate decentralized tech in two phases- first in its daily operations to eliminate complex paperwork, and the second phase would see the development of a customer loyalty program. German car manufacturer BMW plans to integrate blockchain technology into its daily operations and create a blockchain loyalty program for its customers in Thailand. The[Read more…]

The BNB Chain team released its official statement on Oct. 7 regarding the hack and stolen funds, and a second statement on Oct. 11 on network decentralization. BNB Chain, the native blockchain of Binance Coin ( BNB $270) and the Binance crypto exchange, has been subject to security-related developments over the last month. On Thursday,[Read more…]

Binance permanently destroyed $547 million worth of BNB in its 21st quarterly burning event, but the markets remain steady. Crypto exchange platform Binance has concluded its 21st quarterly BNB ( BNB $270) burn, eliminating around $547 million worth of BNB tokens from its supply.  In an announcement, Binance said that it had destroyed a total of 2,065,152 BNB[Read more…]

The upgrade is intended to fix the exploit that drained the platform of $100 million BNB Smart Chain, the smart contract-enabled blockchain of crypto exchange Binance, will undergo a hard fork as a fix for the exploit that drained the platform of an estimated $100 million on Oct. 6, according to a post on GitHub.  The release for[Read more…]

BNB Smart Chain, the smart contract-enabled blockchain of crypto exchange Binance, will undergo a hard fork as a fix for the exploit that drained the platform of an estimated $100 million on Oct. 6, according to a post on GitHub.  The release for the mainnet and testnet is a “temporary urgent patch to mitigate the cross-chain infrastructure between[Read more…]

The incubator program focuses on EU-based startups building the next generation of Web3 consumer experiences with an emphasis on accessibility and scalability. BNB Chain, the blockchain of the Binance crypto exchange and  BNB $272, launched its latest development-focused initiative, which targets European developers building and scaling decentralized applications (DApps) on the network.  The three-week virtual[Read more…]

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Musk’s deal for Twitter looks set to go with original $44B price[Read more…]

After a brief network suspension as the result of a cross-chain hack, the activity on the BNB Chain is back online. BNB Chain, the native blockchain behind the Binance crypto exchange, is up and running as of Oct. 7 according to an update from the network. Activity on the network was briefly suspended after confirmed rumors of[Read more…]

BNB Chain, the blockchain of crypto exchange Binance, was paused on Oct. 6 due to an exploit on its cross-chain bridge, with attackers making off with an estimated $100 million worth of cryptocurrency. The official Twitter account of the BNB Chain first announced the temporary pause due to “irregular activity” on the blockchain but soon[Read more…]

A quick response from a number of blockchain security companies has helped facilitate the return of around 70% of the $23 million exploit of decentralized exchange (DEX) aggregator Transit Swap. The DEX aggregator lost the funds after a hacker exploited an internal bug on a swap contract on Oct. 1, leading to a quick response from the Transit Finance team along[Read more…]