Tag: binance (bnb) news

Summary: The top 5 Dapps on the Binance Smart chain have exceeded 283k in unique active wallets Binance Smart Chain Now hosts 63.63 million unique addresses Binance Coin (BNB) has hit a new all-time high of $439 with no signs of slowing down The top 5 decentralized applications on the Binance Smart Chain have reached over 283,430 unique active wallets in the last...

Summary: CZ has pointed out that he did not contribute much towards the building of the Binance Smart Chain He explained that all he does is support the project through 'a lot of shilling' The Binance Smart Chain continues to grow with daily transactions constantly above 2 million Binance smart chain unique addresses have now hit 60.384 million in total Earlier this week,...

In brief: According to CZ, the 15th BNB coin burn will happen in a month or so Yesterday, Binance Coin dipped by 14% as news broke of the US CFTC investigating the exchange One year ago, Binance Coin was trading at $6.40 due to the Coronavirus dip of mid-March BNB is trading at $268 and has increased by a factor of 42x since...

In brief: The number of unique addresses on the Binance Smart Chain has hit a new ATH of 47.3M This is a 2,265% increment from mid-February's peak of 2M unique addresses 1inch Exchange recently expanded to the Binance Smart Chain and could be one reason for the increased unique addresses Such a high number of users on the BSC could ultimately push the...

Quick take: Binance CEO has pointed out that Ethereum's success might be its own killer He compares Ethereum to MySpace which failed after it could not handle the load due to demand ETH2.0 is years away and this could be the ultimate Ethereum killer CZ further defended the Binance Smart Chain by saying it is not the Ethereum killer The CEO of Binance,...

In brief: The Binance Smart Chain has become the target of a smear campaign Unscrupulous developers are creating tokens and Dapps that are sensitive and unethical 'Slave Finance' and 'Tanks of Tienanmen' are two examples The creators are allegedly attempting to force CZ and Binance to get rid of them thus proving Binance Smart Chain is centralized The Binance Smart Chain is now...

In brief: Crypto traders have lost $1.72 Billion in the last 24 hours of liquidations The single highest liquidation was a Binance Coin order worth $24 million The order was as a result of BNB dipping to $222 from $340 levels Binance Coin is clearly in overbought territory However, activity on the Binance Smart Chain is boosting demand for BNB Crypto traders globally...

In brief: Binance Coin whales holding 100,000 or more BNB have increased from 26 to 48 in 6 months This is an increment of 84.6% in half a year Activity on the Binance Smart Chain continues to skyrocket Binance Coin will continue to thrive due to increased use of the Binance Smart Chain The number of Binance Coin whales holding 100,000 or more...

In brief: The daily transaction count on the Binance smart chain has exceeded that of Ethereum 1.6 million transactions were settled on the Binance Smart Chain yesterday, February 15th compared to Ethereum's 1.2 million The Binance smart chain has also seen an explosion of 1.593 million new addresses in a single day The above on-chain metrics point towards a bullish future for Binance...

Quick take: Binance Smart Chain has grown at a rapid pace since its launch last year A total of $4.325 Billion is now locked on the Binance Smart Chain 22.222 Million Binance Coin (BNB) is locked in the various DApps Venus, PancakeSwap, Autofarm dominate in the total value locked on the Binance Smart Chain The Binance Smart Chain is reaching new heights in...

In brief: On-chain metrics of the Binance Smart Chain are at all-time high levels Binance Smart Chain Unique addresses have just exceeded 1 million The network's daily transaction count has exceeded 970k Binance Coin (BNB) has just set a new all-time high of $75.55 As the crypto-verse focuses on Bitcoin breaking $40k and the launch of the CME Ethereum futures contracts on Monday,...

Quick take: CZ has shared the pros and cons of Dogecoin (DOGE) He has pointed out that DOGE has a cool PR manager in Elon Musk However, it is somewhat centralized with 27% of all DOGE held by one address Furthermore, the top 20 addresses hold more than 20% of all Dogecoin (DOGE) Earlier today, the CEO of Binance, CZ, shared a brief...

Quick take: The Binance team has never sold any BNB from the team allocation This is despite their Binance Coin (BNB) being unlocked The funds are now valued at approximately $2.192 Billion The funds can be view via publicly viewable addresses on the Binance Chain Such commitment is proof that the team is in it for the long haul The CEO of Binance,...

Quick take: Binance has carried outs its highest quarterly coin burn to date 3,619,888 BNB or $165,791,000 worth of BNB, was removed from circulation forever Binance has released details of its new accelerated BNB coin burn program The old plan would take 27 years to complete with the accelerated version compressing it to 5 - 8 years The crypto exchange of Binance has...

Summary: Binance CEO, CZ, has pointed out that Ethereum's market cap is bigger than that of Spotify, GM, Baidu, Ferrari and BMW The market cap of BNB is considerably smaller but bigger than Xerox Bitcoin's market cap recently exceeded that of Visa Ethereum and BNB are two digital assets to watch moving forward due to smart contracts and Defi The CEO of Binance,...

Quick take: The team at Binance will be considering ways of accelerating the BNB coin burn program The current BNB coin burn is done quarterly with the exchange destroying the equivalent of 20% of profits during that time period An accelerated coin burn program will have a positive effect on the value of BNB The CEO of Binance, Changpeng Zhao, has announced via...

Quick take: CZ has clarified once again that the Binance Smart Chain is not a replacement or killer of Ethereum He believes ETH2.0 will be awesome when launched and BSC is more like ETH1.8 Transactions on the Binance Smart Chain are 100% backward compatible, faster and have lower fees when compared to Ethereum According to DappRadar, the transaction volume of Binance Smart Chain...

Quick take: CZ and the team at Binance, have carried out the 13th quarterly BNB coin burn 2,253,888 BNB worth $68 Million has forever been removed from circulation According to the project's whitepaper, the token burns will continue until only 100 million out of the initial 200 million BNB are left in circulation The quarterly coin burns are one reason many Binance Coin...

Quick take: Filecoin's mainnet will be launched today, October 15th at 2:45 pm UTC Binance, Gemini, KuCoin, Kraken and Huobi will list Filecoin (FIL) Filecoin aims at revolutionizing the decentralized storage industry The highly anticipated Filecoin (FIL) mainnet will be launched today, October 15th, at 2:45 pm ending a three-year wait for initial investors of the project. The top crypto exchanges of Binance,...

Quick take: Binance is carrying out a one of kind crowdfunding event that fuses its Launchpool and Launchpad platforms Beginning today, BNB holders can participate in the ALPHA token sale They can also stake their BNB, BUSD or BAND on the Binance Launchpool to earn ALPHA Binance Coin (BNB) stands to benefit from the double launchpad and Launchpool event and could retest $30...