Category Archives: BSC News

Successful Integration of Bitcoin Lightning Network Enables Its Availability on Binance

Binance Announces Integration of Bitcoin Lightning Network Binance, one of the leading cryptocurrency exchanges, has successfully integrated the Bitcoin Lightning Network into its platform. This integration brings a layer-2 scaling solution to Binance users, enabling seamless BTC withdrawals and deposits. In a recent blog post on July 17, 2023, Binance shared the exciting news with[Read more…]

Binance Successfully Integrates Bitcoin (BTC) with Lightning Network

Binance Integrates Bitcoin (BTC) on Lightning Network Binance, one of the world’s largest cryptocurrency exchanges, announced on July 17th the integration of Bitcoin (BTC) on the Lightning Network. This integration allows users to deposit and withdraw BTC on Binance using the Lightning Network. The Lightning Network is a Layer-two scaling solution for Bitcoin, enabling faster,[Read more…]

The Emergence of Fresh FUD Surrounding Binance: Decoding BNB Short Positions – Insider Insights or Hedging Strategies?

Ripple’s Victory and Altcoin Listings After Ripple’s victory in the SEC case, expectations for other altcoins have risen, leading crypto exchanges to resume listing XRP. Significance of Ripple’s Victory Ripple’s victory has significant implications as it directly relates to the SEC’s lawsuits against Coinbase and Binance. The SEC accuses Coinbase and Binance of selling unregistered[Read more…]

Binance Embraces the Bitcoin Lightning Network

Binance Embraces the Bitcoin Lightning Network Binance, a cryptocurrency trading platform, has successfully integrated the Bitcoin Lightning Network. Users can now make bitcoin deposits and withdrawals. The announcement comes a little under a month after the exchange revealed its intentions to incorporate the Bit Lightning Network. Utilizing Layer-2 Scaling Solution Binance customers can utilize the[Read more…]

Surprising Rise in Open Interest for $BNB Futures on Binance Sparks Concerns Amidst Negative Funding Rates

The $BNB Futures Market: Surging Open Interest and Negative Funding Rates The $BNB futures market is experiencing interesting developments, hinting at potential market shifts and upcoming events. A surge in perpetual futures open interest, accompanied by deeply negative funding rates, has caught the attention of the crypto community. Additionally, the distribution of open interest across[Read more…]

Enhanced Security Measures Unveiled for BNB Chain Users in Upcoming July Hard Fork

The BNB Beacon Chain Hard Fork Upgrade The BNB Beacon Chain, the Binance blockchain ecosystem, is expected to undergo a scheduled hard fork upgrade on 19th July at 6:00 UTC, with enhanced security features for users. Hard Fork: “ZhangHeng” The hard fork, named “ZhangHeng” after a Chinese scientist, will occur at block height 328,088,888, according[Read more…]

BNB Chain Collaborates with Google and Others for “Hackvolution,” Unveiling Top 12 Projects

BNB Chain Launches “Hackvolution” BNB Chain, the world’s largest smart contract blockchain, has announced Hackvolution, a global 7-week hackathon starting on July 13. The hackathon aims to bring the Web3 community, developers, researchers, and scientists together to contribute to the advancement of blockchain technology. Opportunities for Participants Participants will have the opportunity to build decentralized[Read more…]

BNB Beacon Chain Upgrade Introduces ‘Panic’ Functionality to Safeguard Blockchain Operations – Report

The BNB Beacon Chain Upgrade The BNB’s Beacon Chain is set to undergo the “ZhangHeng” upgrade soon, as confirmed by an announcement on the project’s blog on July 12. According to the post, the mainnet of the beacon chain will experience a hard fork upgrade at block height 328,088,888 on July 19, 2023, at 6:00[Read more…]

Upcoming BNB Beacon Chain Upgrade Enhances Bridge Security Through Hard Fork

The BNB Beacon Chain prepares for an upcoming upgrade The BNB Beacon Chain, managed by Binance, is preparing for an upcoming hard fork that will introduce substantial enhancements to its blockchain network’s security and functionality. In an announcement on July 12, the “ZhangHeng” upgrade is scheduled to take place on July 19 at block height[Read more…]

BNB Chain Gears Up for July Hard Fork to Address Blockchain Vulnerabilities

BNB Chain Gears Up for July Hard Fork to Address Blockchain Vulnerabilities BNB Chain is set to undergo a significant upgrade called “ZhangHeng” later this month, aimed at enhancing security features for users, according to developers. The planned hard fork is scheduled to take place on July 19, 2023, at 6:00 UTC. A hard fork[Read more…]