Browsing:BNB Chain

BNB Chain Experiences Exponential Growth, Setting New Records in Daily Active Users (DAU) and Total Value Locked (TVL)
2 months ago 3 mins read

BNB Chain Experiences Exponential Growth, Setting New Records in Daily Active Users (DAU) and Total Value Locked (TVL)

DAU, UAE, January 11th, 2024 Throughout December 2023, BNB Chain’s L1 BNB Smart Chain (BSC), achieved a milestone with a daily DAU of nearly 1.2 million, representing a 22% increase in growth and its highest monthly average. Simultaneously, BNB Chain’s L2 opBNB experienced a tripling of its daily active users (DAU), reaching almost 260,000 users in December.  Throughout Q4 2023, BSC and opBNB emerged as two of the top three fastest-growing chains, signaling a strong upward trend in user adoption. The momentum has continued into January of 2024 with strong AI and GameFi projects driving growth to bring BSC and

BNB Chain hacked for over $570 million
1 year ago 1 min read

Over $572 million worth of $BNB was recently hacked from BNB Chain

According to a blockchain developer, the attack may have been “either the first or second greatest hack of all time.” Today, the Binance blockchain, also known as the BNB Chain and the Binance Smart Chain, was shut down after a rise in “irregular activity” revealed a potential network vulnerability. At 2:19 AM Dubai time, BNB Chain tweeted the initial notification that the BSC network would be temporarily suspended. Peckshield Inc., a blockchain security and data analytics startup, tweeted on-chain analytics that revealed the network had experienced an exploit, with thieves stealing about two million BNB, the chain’s native token, valued