BNB
BNB and Optimism Synergy: opBNB Mainnet Launches with a Vision for a Billion Web3 Users
The opBNB Mainnet, an Ethereum Virtual Machine (EVM)-compatible Layer 2 chain, has gone live on September 13, 2023. Launched on June 19, it has seen over 35 million transactions and connections to 435,972 wallet addresses. The Mainnet offers reduced gas fees, trustless security protocols, and improved user experience. Post-launch, opBNB focuses on strengthening network resilience and decentralization, fostering an integrated ecosystem for developers.
Binance to Airdrop $3 Million BNB to Aid Morocco Earthquake Victims
Binance Charity has pledged to airdrop up to $3 million in BNB to affected users in the Marrakesh-Safi Province of Morocco. The airdrop will be based on Proof of Address (POA) submissions, with users who completed their POA by 9 September 2023 eligible for a $100 BNB airdrop. Binance has extended a grace period for those not completing their POA between 9 September and 30 September 2023. The initiative is expected to benefit around 70,000 users in Morocco, with funds distribution starting on 12th September 2023. Binance Charity has set up a public donation address for donations.
BNB Chain Announces Ecosystem Catalyst Award Winners
BNB Chain has announced the winners of its Ecosystem Catalyst Awards, recognizing key blockchain contributors in four categories: PancakeSwap, MAV Protocol, Izumi Finance, Helio Money, and Alpaca Finance, with the aim of driving innovation and collaboration.
Binance Introduces New Dual Investment with BTC, ETH, BNB
Binance has introduced Dual Investment products, allowing users to "Sell High" or "Buy Low" on various cryptocurrencies, with a fixed Annual Percentage Rate (APR) despite market fluctuations, designed for reward accumulation or higher deposit currency selling.
BNB hacker liquidates from market meltdown, loses $53M
A sharp market dip caused many traders to sell and BNB Smart Chain exploiters to steal approximately $600 million in BNB tokens. The assault halted BNB Smart Chain's cross-chain bridge, liquidating Venus Protocol collateral valued over $53 million. The crypto market fell 6%, wiping roughly $1 billion in holdings in 24 hours. BNB's price went below $220, liquidating three wallet holdings immediately.
Multichain Reports Unusual Outflows Worth Over $100M
In the past 12 hours, a large amount of assets has unusually flowed out from Multichain. These assets, which include a variety of cryptocurrencies, have been transferred to the new address: 0x1eed63efba5f81d95bfe37d82c8e736b974f477b. At the time of writing, the net worth of all assets transferred is $102,834,504.
Binance.US to Remove Certain Trading Pairs and Pause OTC Trading
Binance.US announced today that it will be making significant changes to its trading structure. The changes, set to take place on June 8, 2023 at 9 a.m. PDT / 12 p.m. EDT, will involve the removal of select Advanced Trading pairs and a pause on their Over-The-Counter (OTC) Trading Portal.
BMW Uses Coinweb And BNB Chain For Loyalty Program
BMW has integrated a supplier of decentralized architecture as well as BNB Chain for the purpose of settling transactions. In order to further incentivise BMW Group consumers, the loyalty program will use a rewards system that is based on blockchain technology. In the future, BMW owners will be able to utilize their credits toward the purchase of products and services from BMW as well as from a connected environment.
Binance Publishes Details of Holdings in its Hot Wallet
Binance has posted a snapshot of its hot wallet reserve to lead the exchange's transparency push
(Rejected) Layer 2 Scaling Solution Boba Network Integrates With BNB Chain
Layer 2 scaling solution, Boba Network, created by Blockchain firm Enya, has now integrated with the BNB Chain to add support for the scaling of applications on the blockchain.