Tag: BNB Chain

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NFT Sales Jump 6.59%: A Week of Growth, Dominance of Ethereum, and Record-Breaking Collections

In the past seven days, the non-fungible token (NFT) market has seen a slight rise, recording sales of $106.87 million — an increase of 6.59% from the previous week. Ethereum-based NFTs made a significant contribution, accounting for 56.35% of the total weekly sales, or roughly $60.23 million, a modest 0.98% climb from the week before.…
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BNB Chain hard fork to improve security and compatibility with EVM chains

Binance’s BNB Chain is set for two upgrades aimed at improving the finality of the network and compatibility with other EVM blockchains. Binance’s BNB Chain is set to undergo two hard forks in August 2023 to reduce the possibility of a malicious blockchain reorganization and increase compatibility with other Ethereum Virtual Machine (EVM) blockchain networks. The Plato…
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Today in Crypto: BNB Chain Report Shows Web3 Growth Despite Bear Market, Beam Wallet Leveraging Optimism and Base Launches, Binance Withdraws its Crypto License Application in Germany

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: BNB Chain Report Shows Web3 Growth Despite Bear Market, Beam Wallet Leveraging Optimism and Base Launches, Binance Withdraws its Crypto License Application in Germany  Read more »Sign up…
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Weekly NFT Sales Fall 4.33%, Bitcoin Burials NFT Fetches $1.68 Million

In the world of non-fungible tokens (NFTs), the sales figures have undergone a minor setback this past week, dipping 4.33% from the previous week, pulling in a total of $148.55 million. With Ethereum standing as an exception, four of the top five blockchains known for NFT sales have witnessed a week-over-week downturn. NFT Sales Decline…
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Hackvolution: BNB Chain kicks off Hackathon to Drive Innovation and Collaboration

PRESS RELEASE. BNB Chain, the world’s largest smart contract blockchain in terms of daily active users, has today announced Hackvolution, its global 7-week Hackathon, starting on July 13th and running until September 1st. Hackvolution gets support from COMBO, Google Cloud, CyberConnect, Hooked Protocol, and Ultiverse as key partners with mentors joining from leading universities. Interested…
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BNB Beacon Chain to add ‘panic’ feature that can ‘halt’ blockchain

BNB Beacon Chain mainnet is set to undergo the “ZhangHeng” hard fork around July 19, which will bring new upgrades aimed at improving security. The Binance-operated BNB Beacon Chain mainnet is set to add a new feature in its upcoming hard fork, which will give the blockchain the ability to “halt” the production of new…
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Today in Crypto: NFT Royalties Reach Lowest Point in Two Years, Two Teens Arrested for BTC and ETH Scam, India and 18 Central Banks Discuss Using Digital Rupee for Cross-Border Payments

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: NFT Royalties Reach Lowest Point in Two Years, Two Teens Arrested for BTC and ETH Scam, India and 18 Central Banks Discuss Using Digital Rupee for Cross-Border Payments…
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Binance’s BNB Chain introduces layer-2 testnet powered by Optimism

The Binance-founded blockchain has introduced a new layer-2 chain opBNB, though some suggest there are other ways to scale the network. Binance-founded layer-1 blockchain BNB Chain has introduced a new layer-2 chain that it hopes will address its “scalability challenge.” On June 19, BNB Chain unveiled opBNB, which has launched as a testnet. The new…
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Binance Resumes TORN Deposits, Moves Tornado Cash into Innovation Zone as New Proposal is Passed – Here’s the Latest

Major crypto exchange Binance has reopened TORN deposits following an attack on the privacy-focused crypto mixer Tornado Cash DAO.  The exchange announced on Monday that it had resumed deposits for TORN via the Ethereum (ETH) network and Binance’s own BNB Smart Chain.  TORN deposits on these two networks were suspended on May 21 “due to…
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Multichain Daily Bridging Volume Sees 5x Increase After Alleged Team Arrest, Barely Any Panic for Fantom

Rumors have been spreading throughout the cryptoverse that the major blockchain bridge Multichain team has been arrested by the Chinese police – with the shockwaves hitting the Fantom (FTM) ecosystem softer than expected.  Per several Twitter accounts, the Chinese community has been reporting the core team members’ arrests, as well as that law enforcement gained…
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