BNB Chain intends to disable its atomic swap feature in April and all Bridge providers will be expected to begin informing users by February. We are in the first few weeks of 2024 and the scene is seemingly being set for the rest of the year. The industry is still on a high note from…
Tentatively, the BNB Chain Fusion has been set for April 2024. Developers of Binance’s BNB Smart Chain are keen on fusing the BNB Beacon Chain (BEP-2) and BNB Smart Chain (BEP-20) into one single blockchain. The team revealed the reason behind its plans as one that is geared towards growth. In the Monday announcement, developers admitted…
The Binance Smart Chain has also witnessed a 7% increase in the number of addresses engaging with its dApps over the past 30 days. On December 26, the native cryptocurrency of the Binance Smart Chain registered an 11% increase in price, reaching its highest value since June. This pattern reflects a continuation of the trend…
During the recent rapid surge in Solana’s value, significant players appear to have been offloading their holdings. The mega rally in Solana continues as the SOL price rallies another 18% moving closer to $100 earlier today. With this, the Solana price gains on the monthly chart have extended beyond 75% thereby unseating Binance’s native BNB…
Both currencies remain in the down zone on the daily chart, registering 2.6% and 9.34% declines respectively. Bitcoin (BTC) and Binance Coin (BNB) have regained the losses they registered the day before. This follows after crypto exchange Binance resorted to settling with the United States Justice Department by paying fines totaling over $4 billion. Similarly,…
BNB price has gained about 6.4 percent in the past 24 hours to trade around $262 as the charges filed by the DoJ are believed to be finalized by the end of this month. Amid the ongoing altcoin recovery, Binance’s native coin BNB has enjoyed a much-needed recovery, thus invalidating the possible replay of the…
By bridging wstETH to other chains, LayerZero is aiming to unlock new opportunities and use cases for the token within those ecosystems. Blockchain interoperability protocol LayerZero has introduced a new capability to transfer wrapped staked Ethereum (wstETH) across multiple blockchain networks. This new functionality aims to enhance the portability and accessibility of the popular staked…
Binance burned about 2.13 million BNB coins during the last three months thus bringing the total coins removed from circulation to about 50.2 million units. Binance, a leading blockchain ecosystem with the largest centralized cryptocurrency exchange by Bitcoin’s daily traded volume and globally registered users, has announced the completion of the 25th quarterly auto-burn of…
The Binance Coin (BNB) has recently dropped below its 200-week Moving Average, raising apprehensions regarding potential substantial declines among altcoins. Binance‘s native cryptocurrency BNB has recently come under significant selling pressure with the BNB price dropping under $210 on Tuesday, August 22. Binance Coin (BNB) has come under significant selling pressure amid the ongoing regulatory…
A fast finality mechanism on the BNB Chain would mean a safer environment for decentralized applications (dApps). Binance’s BNB Chain is scheduled for two upgrades this month to improve the chain’s finality and its compatibility with other Ethereum Virtual Machine (EVM) blockchains. The hard forks are expected to reduce the likelihood of malicious blockchain reorganization…
The copycat attacks on the BSC were attributed to a malfunctioning reentrancy lock in certain versions of the Vyper programming language. In a recent development, BNB Smart Chain (BSC), a popular rival to the Ethereum (ETH) network has experienced a series of copycat attacks that resulted in the theft of approximately $73,000 worth of crypto….