Time’s Running Out to Win BlockDAG’s $1M Giveaway! BNB’s Future Looks Bright, & ADA’s Rise Sparks New Interest

4 mins read

The cryptocurrency market is abuzz as traders scout for promising investments among standout projects like BNB, Cardano, and BlockDAG. BNB’s value is expected to reach up to $827.71 by 2030, driven by its essential role within Binance and its ongoing token burns. Simultaneously, Cardano’s recent price jump of 120% has drawn attention, spurred by rumors of CEO Charles Hoskinson’s plans for a regulatory-friendly U.S. office. BlockDAG has not only amassed

Binance Labs invests in Kernel to improve restaking on the BNB Chain

1 min read

Binance Labs has invested in Kernel, a platform focused on improving restaking infrastructure on the BNB Chain. This investment aims to enhance the security and utility of DeFi and other crypto applications on the network. Kernel’s first phase will integrate BNB Liquid Staking Tokens (LSTs) and restaked BNB as economic security, driving DeFi innovation. The platform’s long-term goal is to scale its infrastructure to include additional layer-1 blockchains, optimizing capital

BNB Chain Launches Tokenization Solution to Empower SBOs Onboarding Web3

3 mins read

BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain by daily transactions, has announced the launch of its tokenization solution. This solution is designed to empower individuals and businesses interested in Web3 to easily tokenize their assets using a simple one-stop service, aligning with BNB Chain’s mission of onboarding the next billion users into Web3. With BNB Chain’s one-stop tokenization solution, users can efficiently fragment and tokenize

GOAT meme token jumps buy over 20% following Binance listing

1 min read

Binance, the leading cryptocurrency exchange globally, has exciting news for meme coin enthusiasts. On October 24, 2024, they will introduce a futures contract for the popular meme coin, Goatseus Maximus (GOAT). This new GOATUSDT perpetual contract will allow traders to leverage their positions by up to 75 times, making it an enticing option for those looking to maximize their potential gains. The announcement has already sparked interest, with GOAT’s price

Scroll faces criticism over its Binance token distribution

1 min read

Scroll, an Ethereum Layer-2 network, recently found itself in hot water after it distributed its SCR governance tokens via Binance Launchpool. This move sparked frustration among users who felt that Scroll was prioritizing a centralized exchange over its own community. In response to the backlash, co-founder Ye Zhang explained that the decision was part of a larger growth strategy. He acknowledged the criticism but emphasized that the partnership with Binance

Binance launches $10M traders league

1 min read

Binance has unveiled the Binance Traders League, an exciting new trading competition featuring a staggering prize pool exceeding $10 million. This event is designed to engage traders of all skill levels, allowing retail participants to join by achieving a minimum trading volume of $500. The Traders League aims to enhance the trading experience through a variety of challenges that cater to individual preferences. It includes both team contests, which foster

Unlocking New DeFi Opportunities for BNB Holders

5 mins read

clisBNB, developed by Lista DAO, is an innovative tool that offers BNB holders greater flexibility and control over their assets. Now available through BNB.xyz, a one-stop on-chain platform for BNB, primarily designed to bridge the gap between CeFi and DeFi. clisBNB offers BNB holders a new way to access Binance launchpool and Lista DAO CDP. What is BNB.xyz? With BNB Chain, ListaDAO, and Pancakeswap as core contributors, BNB.XYZ is a one-stop staking platform

Binance Confirms Support for Lumia Token Swap Ahead of New Chain Launch

3 mins read

Binance has confirmed it will support Lumia’s imminent Token Swap Event (TSE) and it has now been scheduled. Binance’s decision to support the swap will enable ORN holders to access the new Lumia token (LUMIA) that will be credited to their Binance accounts automatically following the upgrade. Binance will also halt withdrawals and deposits ahead of the upgrade to ensure the process is completed seamlessly. ORN to LUMIA tokens will be swapped

Binance is expanding its compliance team and emphasizing crypto education

1 min read

Binance, one of the leading crypto exchanges, is intensifying its compliance initiatives, reflecting a broader commitment to regulatory adherence in the evolving crypto landscape. Currently, the company has allocated between 500 to 600 employees to regulatory tasks, with plans to increase this number to 700–800 by the end of the year. This move comes in the wake of founder Changpeng Zhao (CZ) stepping back from daily operations due to a

BNB Chain Opens Applications For Season 8 Most Valuable Builder (MVB) In Partnership With Binance Labs And CMC Labs

5 mins read

BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, has opened applications for Season 8 of its MVB (Most Valuable Builder) program, aimed at supporting the growth of projects within the BNB Chain ecosystem. The now 4-week accelerator program, which is jointly run by Binance Labs—the venture capital and incubation arm of Binance—and CMC Labs, CoinMarketCap’s exclusive accelerator program for startups, will now be held more frequently, increasing to one season

Binance Labs invests in 4 top-performing projects from the most recent season of BNB Chain’s Most Valuable Builder

2 mins read

Binance Labs, the investment division of Binance, has made investments in four very successful initiatives from the seventh season of BNB Chain’s Most Valuable Builder (MVB) competition. The accelerator program, a joint effort by BNB Chain, Binance Labs, and CMC Labs, seeks to promote expansion within the BNB Chain ecosystem. The chosen projects consist of Aggregata, a platform that integrates AI data, models, and computing seamlessly; Opinion Labs, which constructs

BNB Chain Introduces BEP 336; Reducing Fees By Up to 90%

1 min read

BNB Chain, the world’s largest smart contract blockchain, announced it has successfully activated the BEP 336 Haber Hardfork, introducing blob-carrying transactions. According to the team, this upgrade reduces gas fees by up to 90% and optimizes BNB Chain’s data storage and processing capabilities. Users can now enjoy reduced data availability costs for Layer 2 (L2) solutions on BNB Chain, making transactions more affordable and accessible. The implementation of BEP 336