Category Archives: BSC News

Overview of Crypto Liquidations According to Coinglass, the cryptocurrency market observed liquidations surpassing $1.04 billion during the given period. Among these, a noteworthy incident involved the liquidation of a BNB position on the Venus lending protocol, connected to the perpetrator of the BSC Bridge’s $560 million hack. The BSC Bridge Hack: Unveiling a Monumental Crypto[Read more…]

Introduction The BNB Chain’s cross-chain bridge (0x489a) recently fell victim to a major exploit, leading to significant financial losses and raising concerns within the crypto community. Peckshield Advisory and Massive Losses Investors and security professionals are grappling with the aftermath of an attack on BNB Chain’s cross-chain bridge. The severity of the breach was highlighted[Read more…]

Introduction As the cryptocurrency market continues to evolve, innovative solutions are being demanded by investors. Bitcoin Spark is emerging as a potential contender, raising questions about its ability to outperform established players like Binance Coin (BNB). Understanding BNB Crypto BNB crypto, short for Binance Coin, is a cryptocurrency designed to facilitate services on the Binance[Read more…]

OpenSea Ceases BSC-based NFT Support: Official Statement Commencing from August 18, 2023, users of OpenSea will no longer have the ability to create new listings or place offers on non-fungible tokens built on the BNB Smart Chain. This blockchain is a product of the renowned cryptocurrency exchange, Binance (BNB). The OpenSea team conveyed this significant[Read more…]

Cryptocurrency Analysts Report: BNB Price Drops Below $220 Support Cryptocurrency analysts at Coinidol.com have reported that the price of BNB (Binance Coin) has experienced a significant decline, falling below the crucial support level of $236 and reaching a low of $215.30. BNB Long-Term Price Forecast: Bearish Based on the current price indicators, it is evident[Read more…]

The Recent Developments in the Crypto Market The past few days have been tumultuous for the cryptocurrency market, marked by a significant crash that occurred on Thursday, resulting in a staggering $1 billion loss in market capitalization. Binance’s Potential Predicament: Insights from an Analyst Amidst these challenging circumstances, concerns have arisen around Binance, the world’s[Read more…]

Key Points: In an official statement, OpenSea announced that effective immediately, users will no longer have the capability to list BSC NFTs or create new listings on the platform using BNB smart chains. However, users will retain the ability to view, search, and transfer their existing BSC NFTs. The OpenSea team emphasized the need to[Read more…]

OpenSea Drops Support for BNB Smart Chain NFTs OpenSea, the leading NFT marketplace, has discontinued support for NFTs minted on BNB Smart Chain. Users can still view and transfer BNB Chain NFTs on OpenSea, but no new listings or offers will be allowed. Redirecting Resources In its announcement, OpenSea cited a need to focus resources[Read more…]

The Cryptocurrency Market Reversal and BNB Smart Chain Vulnerability The recent events in the cryptocurrency arena have brought about a dramatic market reversal, leading to the liquidation of numerous traders. This article delves into the details of the BNB Smart Chain vulnerability and the subsequent impact on the market. The BNB Smart Chain Vulnerability and[Read more…]

Binance’s BNB Challenges: CEO’s Moves and Regulatory Pressure Binance’s native cryptocurrency, BNB, has reached a critical juncture at $212, influenced by a series of strategic decisions by CEO Changpeng Zhao and mounting regulatory pressures. CEO’s Strategic Move to Safeguard BNB In a bid to shield Binance from a potentially devastating margin call, CEO Changpeng Zhao,[Read more…]