Category Archives: BSC News

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…]

BNB Beacon Chain Introduces ‘Panic’ Functionality Enabling Blockchain Halting

BEP-255 and the ZhangHeng Upgrade The Binance-operated BNB Beacon Chain mainnet is set to add a new feature in its upcoming hard fork, which will allow the blockchain to “halt” the production of new blocks if certain conditions are met. According to a July 12 statement from BNB Chain, the “ZhangHeng” upgrade is expected to[Read more…]

BNB Beacon Chain Set for Crucial Security Enhancement and Hard Fork

The BNB Beacon Chain Set for Crucial Security Upgrade and Hard Fork The BNB Beacon Chain is poised to undergo a scheduled hard fork and security upgrade on July 19th, 2023, as announced by the network’s technical team. This update, expected to occur at block height 328,088,888, will require all full node operators to shift[Read more…]

Santiment’s Crypto Analytics Platform Reveals Market Dynamics, Spotlights MATIC and BNB

The cryptocurrency market kick-starts the day on a bullish note As the day begins, the cryptocurrency market shows a bullish trend. Bitcoin (BTC), the leading cryptocurrency, has surpassed the $30,700 mark and is steadily approaching $31,000. Santiment, a renowned crypto analytics platform, has identified two cryptocurrencies that have experienced a significant increase in trading volumes[Read more…]

Is the Demand for BNB Coin Surging? Analyzing the Growing Volumes and Open Interest

Increasing Trading Volumes in BNB Coin The trading volume of Binance Coin (BNB), the native cryptocurrency of the Binance exchange, has reached nearly a month’s high. According to data from on-chain analytics platform Santiment, the trading volume of BNB reached $883.77 million on July 11th, indicating increased interest in BNB. However, the renewed interest in[Read more…]