July 24, 2024
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China Student Given 4 Years Prison Sentence In First Crypto Fraud Case

In a groundbreaking case that has drawn significant attention in China, a college student named Yang Qichao has been sentenced to 4 years and 6 months in prison and fined 30,000 yuan ($41,000) for “fraudulently” issuing a cryptocurrency called BFF on the Binance’s BNB Chain.  The case, which took place at the People’s Court of

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Latest News News

BNB Chain Launches “Meme Innovation Campaign” With $1M Prize To Attract Meme Coin Developers

BNB Chain announced its plan to allocate up to $1 million as rewards for eligible meme coins developers who deploy their meme coin projects on the network. BNB Chain announced its plan to allocate up to $1 million as rewards for eligible meme coins developers who deploy their meme coin projects on the network.  The

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Latest News News

Safety Concern As BNB Chain Token, WEWE, Experiences A Rugpull

Users holding WEWE on the BNB Chain saw a price decline due to a possible rugpull. Negative sentiment and declining user activity posed challenges to BNB’s reputation. Recently, participants within the BNB Chain (BNB) found themselves entangled in what appeared to be a rugpull.  This unfortunate incident involved the WEWE token, which left users grappling

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Blockchain News

BNB Chain’s “ZhangHeng” Upgrade Bolsters Security, Safeguarding Users

The highly anticipated “ZhangHeng” upgrade for BNB Chain is set to take place later this month, aiming to revolutionize security features and provide enhanced protection for users, according to developers. With network security consistently posing a concern in the crypto markets, this upgrade comes as a significant step forward. Scheduled for implementation on July 19,

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Events

BNB Chain Joins Global Web3 Conference WebX in Tokyo as a Platinum Sponsor

July 7 – BNB Chain, the world’s largest smart contract blockchain in terms of daily active users, is proud to announce its platinum sponsorship of WebX, Asia’s largest global Web3 conference. The event is organized by the WebX Executive Committee and managed by CoinPost, Inc to explore the latest developments and trends in Web3 technologies.

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Blockchain News

Why BNB’s Troubles Will Remain Despite Greenfield Update

BNB Chain (BNB) has announced an upcoming maintenance update for Greenfield, scheduled for June 25. This update addresses bugs in BNB Greenfield while introducing several new features. Despite the ongoing development work, BNB, like many other tokens, experienced a decline in value. However, the forthcoming update brings promising enhancements. Notably, all previously stored buckets/objects on

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Blockchain News

BNB Chain Introduces opBNB Layer-2 Solution to Tackle Scalability Challenges

BNB Chain, the layer-1 blockchain founded by Binance, has unveiled opBNB, a new layer-2 chain designed to address its scalability concerns. Built on the Optimism OP Stack, opBNB aims to enhance security and scalability within the Binance blockchain network, while remaining compatible with Ethereum-based smart contracts and token standards. opBNB’s Scalability Solution  opBNB, launched as

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Blockchain News

Will BNB Chain’s Latest Offering Give BNB Investors a Reason to Rejoice?

BNB Chain, the blockchain platform behind BNB cryptocurrency, has been gaining increasing adoption. The latest partnership comes from Polyhedra Network’s support for BNB Chain’s Luban upgrade on zkBridge and the zk light client on LayerZero Labs. Furthermore, BNB recently deployed the BEP-126 update, introducing the Fast Finality feature, significantly enhancing the platform’s security. In this

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Blockchain News

Can ThorChain’s Integration of BNB Chain Lift its Grounded TVL?

ThorChain, a decentralized liquidity protocol, recently announced the successful integration of the BNB smart chain following a community vote. This milestone brings ThorChain, a cross-chain Decentralized Exchange (DEX), one step closer to fulfilling its vision of attracting a fresh wave of liquidity providers and users. The protocol already operates on various blockchains, including Cosmos (ATOM)

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Blockchain News

BNB Chain’s Latest Projects could mean this for BNB and its Traders

BNB Chain [BNB] is experiencing a remarkable surge in its NFT ecosystem, presenting promising prospects for the future. Recently, BNB unveiled a blog post highlighting numerous new projects launched on the chain, indicating potential for substantial growth in the upcoming months. In the past 24 hours alone, CRYPTOSLAM reported a staggering increase of over 100%

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