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CATEGORY: binance smart chain


May 10, 2024 03:35

BNB Chain Announces 4 Upcoming Hard Forks on opBNB to Reduce Gas Cost by 10x

BNB Chain looks to deploy four hard forks on opBNB, its Optimistic layer-2 solution, with an aim to significantly reduce…

The post BNB Chain Announces 4 Upcoming Hard Forks on opBNB to Reduce Gas Cost by 10x first appeared on The Crypto Basic.

May 21, 2025 04:40

Did PEPEs Moonshot Pass You By? Arctic Pablo Coin Could Be Your Gateway to Huge Returns

Arctic Pablo Coin is not just another meme coin flooding the market. What sets it apart is its sophisticated deflationary mechanism and innovative presale structure. This isnt hypeits a meticulously designed crypto project that will reward early supporters handsomely.

The post Did PEPEs Moonshot Pass You By? Arctic Pablo Coin Could Be Your Gateway to Huge Returns appeared first on Kanalcoin.

May 14, 2025 04:40

Missed FLOKIs Breakout? Arctic Pablo Coin Is Now Leading the List of Top New Meme Coins to Invest in This Week

Every cycle in crypto brings its "should-have-bought" momentand for many, FLOKI was it. Launched as a meme tribute with Viking flair, FLOKI once traded for fractions of a cent. Those who backed it during its infant stages now count six or even seven figures in their portfolios. From social media memes to real-world metaverse utilities, FLOKI transformed overnight believers into long-term legends.

The post Missed FLOKI’s Breakout? Arctic Pablo Coin Is Now Leading the List of Top New Meme Coins to Invest in This Week appeared first on Kanalcoin.

Apr 26, 2024 05:55

BNB Smart Chain Shines In Q1: Triple-Digit Surges In Key Metrics

The Binance Smart Chain (BNB Chain), developed by the worlds largest cryptocurrency exchange by trading volume, Binance, experienced significant growth and performance in the first quarter (Q1) of 2024.  As highlighted in a recent report by Messari, Binance Smart Chain has surged in market cap, revenue, average daily active addresses, decentralized finance (DeFi), total value [...]

The post BNB Smart Chain Shines In Q1: Triple-Digit Surges In Key Metrics appeared first on Crypto Breaking News.

Apr 21, 2024 12:05

BNB Resilience: Holding Firm At $560 Whats Next?

The price of BNB hasn’t fallen below its previous low, and it’s showing some strong signs of heading up. After a spell of moving downward, the Binance Smart Chain’s native token is aiming for an upward bounce back towards its earlier high. Technical Indicators Point Toward Sustained Uptrend For BNB To figure out where the BNB price might be headed next, several indicators can be used to examine the chart: 4-Hour MACD: A technical look at the MACD indicator from the 4-hour timeframe, the MACD histograms are trending above the zero line, and both the MACD line and the Signal line have crossed and are heading towards the MACD zero line, indicating a bullish trend. This can be seen in the above image. RSI 4-hour Timeframe: The formation of the Relative Strength Index (RSI) in the below image also suggests an upward movement as the RSI signal line is seen trending above the 50% level. This indicates that buyers are still very active in the market therefore overpowering the strength of sellers. 4-hour alligator: A look at the alligator indicator from the 4-hour time frame shows that BNB is trading above the alligator lines as the alligator lip and teeth have both successfully crossed above the alligator jaw, suggesting that the price might be starting a new rally. At the time of writing, the price of BNB was up by 1.35% and was trading around $561 in the last 24 hours. BNB price is showing bullish signs and also forming a base above the $508.1 support level. Also, the price is trading above the bearish trend line and below the 100 Simple Moving Average (SMA) on the 4-hour chart. Final Thoughts From the previous downward movement, the price of BNB has managed to create one major resistance level of $635 and one major support level of $508. Currently, BNB is moving toward this resistance level and if it breaks above this level, the price might go even further to create a new high.  On the other hand, if the price fails to break above this major resistance, it will reverse and start a downward movement toward its previous support and if it manages to break below this support level, the price might move further downward thereby starting a new downward trend. Featured image from Shutterstock, chart from Tardingview.com

Hedgey Finance hit by $44.5 million crypto theft across Arbitrum and Binance networks

Author: Oluwapelumi Adejumo
United States
Apr 20, 2024 01:10

Hedgey Finance hit by $44.5 million crypto theft across Arbitrum and Binance networks

Token infrastructure platform Hedgey Finance lost approximately $44.5 million of digital assets within two hours across Ethereum’s layer-2 network Arbitrum and Binance Smart Chain. In an April 19 statement shared with CryptoSlate, blockchain security firm Cyvers explained that a malicious attacker exploited Hedgey’s “createLockedCampaign” function using flash-loaned funds to siphon off the funds. A breakdown […]

The post Hedgey Finance hit by $44.5 million crypto theft across Arbitrum and Binance networks appeared first on CryptoSlate.

Mar 19, 2025 01:05

Four.Meme Suffers Another Security Breach, $130K Stolen in Latest Attack

Four.Meme has halted operations and promised compensation to the affected users.

Mar 14, 2024 05:50

BNB Price Soars As Binance Smart Chain Implements BEP 336 Upgrade, Inspired By Ethereums Dencun

Binance Smart Chain (BSC), commonly known as BNB Chain, has announced the BEP 336 upgrade, inspired by Ethereums Dencun upgrade (EIP 4844), which aims to optimize data storage and processing on the blockchain. The upgrade is expected to significantly reduce transaction costs, improve network performance, and drive the price of Binance Coin (BNB) towards its [...]

The post BNB Price Soars As Binance Smart Chain Implements BEP 336 Upgrade, Inspired By Ethereums Dencun appeared first on Crypto Breaking News.

May 29, 2023 08:50

Binance Moves Tornado Cash (TORN) Into Innovative Zone

Binance, the world’s largest crypto exchange, has announced that the exchange has resumed deposits for TORN on the Ethereum and

May 29, 2023 07:50

Shiba Inu-themed Floki Soars 10% After China Table Tennis Ad

The Viking dog themed memecoin FLOKI is hitting the ball with the world’s best table tennis masters.

Continue reading at DailyCoin.

Jul 28, 2023 12:05

BNB Chain’s Q2 Performance Sparks Optimism Amidst Regulatory Uncertainty

Binance Smart Chain (BNB) has seen significant growth in its daily active addresses and transactions in the second quarter of 2023, according to a report by blockchain analytics firm Messari.  The increase in activity was primarily driven by LayerZero, a cross-chain messaging protocol that enables lightweight and efficient communication between different networks. However, BNB’s market cap declined by 25.2% after the US Securities and Exchange Commission (SEC) alleged that BNB is a security in its regulatory actions against Coinbase and Binance.  Despite this, the total cryptocurrency market cap increased by 2% quarter-over-quarter (QoQ), primarily driven by Bitcoin (BTC) and Ethereum (ETH). BNB Q2 Revenue Declines Per the report, BNB’s revenue in BNB decreased by 6.1% QoQ as average transaction fees declined 25.5% after BSC validators voted to reduce gas fees from 5 to 3 Gwei.  Nevertheless, staking on the network remained stable. BNB Chain plans to increase the number of validators from 29 to 100 with a new validator reward model (balanced mining) and a validator reputation system. On the other hand, the Binance Smart Chain saw a decrease in total value locked (TVL) denominated in USD during Q2 2023, decreasing by 26.3%. However, TVL denominated in BNB was relatively flat at -2.8%. While PancakeSwap remained the most prominent protocol by TVL on the BNB Chain, its dominance decreased from 45% to 37% during the quarter, indicating a shift in TVL concentration towards a more robust DeFi ecosystem.  Related Reading: PEPE Whales Load Up Their Bags As Memecoin Jumps 13% In the stablecoin space, Binance Smart Chain has the third-highest total stablecoin market cap of approximately $5.7 billion, trailing behind Ethereum and TRON. The BUSD market lost some of its users after regulators forced Paxos to cease the issuance of BUSD, resulting in a decline of approximately 54% in the BUSD market cap on the BNB Chain during Q1. Developer engagement also showed positive growth during Q2, with the number of unique contracts verified growing by 51.9% QoQ, and full-time developers on the BNB Chain increasing from 130 to 133 QoQ. Despite the decline in TVL denominated in USD, the BNB Chain’s continued expansion of its DeFi ecosystem and the shift in TVL dominance towards a more diverse range of protocols signal a promising outlook for the ecosystem’s future. Binance Smart Chain Outlines Ambitious Plans For 2023 Despite the regulatory challenges, BNB Chain has laid out robust plans for 2023, including increasing the network’s gas limit to boost throughput and reducing the data footprint through state offload.  BNB Chain also plans to further decentralize by introducing a new validator reward model and a validator reputation system to increase the number of validators from 29 to 100. The roadmap highlights other initiatives, including increased scalability through modular architecture, creating a data storage network, and implementing consumer protections provided by blockchain security firms.  Related Reading: Fed’s No Recession Claim Boosts Bitcoin And Crypto, Historical Data Contradicts In Q2, BNB Chain validators and projects discussed the integration of miner extractable value (MEV) within the BSC network, with some validators piloting MEV in various formats. With its wide-reaching plans, BNB Chain aims to remain competitive for the rest of 2023. While the regulatory challenges faced by Binance and Binance.US directly impact the entire crypto ecosystem, Binance and BNB Chain are separate entities. Binance, Binance Labs, and the Binance Launchpad help grow the BNB Chain ecosystem through asset listings, liquidity provision, investment, and project launches.  The outcomes of the ongoing lawsuits are unpredictable, and adverse outcomes could slow the advancement of the BNB Chain ecosystem and bring continued volatility to its native BNB token. Featured image from Unsplash, chart from TradingView.com

Jun 27, 2023 07:50

Binance Reloads Ronaldo CR7 NFT Collection with a Lineup of IRL Perks

Cristiano Ronaldo gives congratulations to the holders as Binance rolls out a list of real-life gratuities.

Continue reading at DailyCoin.

BNB Chain Luban Hardfork Incoming: What You Need to Know

Author: George Georgiev
Bulgaria
May 25, 2023 05:40

BNB Chain Luban Hardfork Incoming: What You Need to Know

The BNB Chain Luban upgrade is right around the corner. Here's what users can expect from it.

Apr 23, 2023 10:35

Value Locked in Defi Descends Below $50B Range 9 Days After 2023 High

The total value locked in decentralized finance (defi) has descended below the $50 billion range after reaching a 2023 high of $53.63 billion on April 14. This shift has been felt across the board with the top 18 defi protocols recording losses during the past seven days, and the largest defi protocol by TVL size, [...]

The post Value Locked in Defi Descends Below $50B Range 9 Days After 2023 High   appeared first on Crypto Breaking News.

Dec 10, 2022 10:45

PancakeSwap Price Prediction: How High will CAKE Price Reach in 2025?

In this article, we will analyze why Pancakeswap crypto could be a worthwhile investment opportunity, the PancakeSwap price prediction

The BNB Smart Chain Hard Fork Tomorrow: What You Need to Know

Author: George Georgiev
Bulgaria
Oct 11, 2022 05:45

The BNB Smart Chain Hard Fork Tomorrow: What You Need to Know

The BNB Smart Chain will go through a hard fork tomorrow. Here's what you need to know about it.

Oct 08, 2022 01:00

BNB Chain to Conduct Governance Votes on What to Do With the Stolen Funds

The governance votes will help decide what to do with the hacked $600 million and how to reward hackers for discovering "significant bugs."

BNB HACK INU: How Someone Stole 60 ETH Following the BNB Chain Hack

Author: George Georgiev
Bulgaria
Oct 08, 2022 01:00

BNB HACK INU: How Someone Stole 60 ETH Following the BNB Chain Hack

Someone created BNB HACK INU to drain 60 ETH worth of liquidity almost immediately after the BNB Chain hack.

Multi-Million BNB Chain Hack and Bitcoin’s Battle for $20K: This Week’s Crypto Recap

Author: George Georgiev
Bulgaria
Oct 08, 2022 01:00

Multi-Million BNB Chain Hack and Bitcoin’s Battle for $20K: This Week’s Crypto Recap

This week, we saw yet another major security vulnerability, this time on the BNB Chain, resulting in hundreds of millions worth of crypto being compromised.

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