Category Archives: BSC News

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…]

Binance Completes 25th Quarterly BNB Token Burn Binance, the largest cryptocurrency exchange, announced in a recent post on X that it has successfully completed its twenty-fifth quarterly Binance Coin (BNB) burn. Approximately 2.14 million BNB tokens, valued at $453,506,792 and accounting for about 1.38% of the total supply, were burned in this process. Positive Impact[Read more…]

The Uranium Finance Hack: $3.1 Million Transfer The notorious address associated with the Uranium Finance hack of 2021 has once again made a significant financial move, transferring $3.1 million from the BNB Chain to the Ethereum (ETH) network. Peck Shield’s Alert and Subsequent Transactions Blockchain security company Peck Shield brought attention to the recent movement.[Read more…]

Binance CEO CZ Celebrates 25th Quarterly BNB Burn Binance CEO Changpeng “CZ” Zhao celebrated the 25th quarterly burn of 2.14 million BNB tokens worth $453 million with the crypto community. The burn took place on October 16, marking another significant milestone for the world’s largest crypto exchange, Binance. Binance Completes 25th Quarterly BNB Token Burn[Read more…]

Major Announcement: Binance’s 25th BNB Burn Major cryptocurrency exchange Binance has recently completed its 25th BNB burn, a significant event in the world of digital currencies. In this latest occurrence, a total of 2.13 million BNB tokens were burned, making waves in the cryptocurrency market. Details of the 25th BNB Burn Binance, the largest cryptocurrency[Read more…]

The Current State of the Cryptocurrency Market The cryptocurrency market has experienced a significant spike in trading volume, with a remarkable increase of 49.14% in the past 24 hours. Here’s a comprehensive overview of the latest price movements and market data: Cryptocurrency Market Statistics Major Cryptocurrencies Bitcoin (BTC) Ethereum (ETH) Other Notable Movements Top 5[Read more…]