Binance Smart Chain

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Helio Protocol’s HAY Destablecoin – Redefining Security, Decentralization, and Capital Efficiency
ByAdnan Tunçtürk March 8, 2023February 27, 2023

Helio Protocol’s “destablecoin” HAY, collateralized by decentralized assets such as BNB, aims to revolutionize the stablecoin industry by providing a sustainable, resilient, and profitable stablecoin option. With tight security controls and an LTV rate of 66% to maintain stability, HAY aims to become the leading stablecoin of the BNB ecosystem and expand to other significant blockchains in the future.

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BNB Chain Executes Hard Fork Ahead of $574 Million Quarterly BNB Burn
ByDavid Bold October 13, 2022October 13, 2022

Key takeaways: Following last week’s $100 million hack, BNB Chain has undergone the Moran hard fork The upgrade patches vulnerability in the BSC Token Hub, which was used by the attacker In related news, the 21st BNB burn took place today, forever removing $574 million worth of BNB from circulation “Moran” hard fork goes live…

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Binance Smart Chain Was Momentarily Halted Following $560 Million Hack
ByDavid Bold October 7, 2022October 7, 2022

A blockchain bridge connecting BNB Smart Chain and BNB Beacon Chain was exploited for 2 million BNB (roughly $560 million at current market rates) worth of digital assets.

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BNB Chain Introduces Zero-Knowledge Proof Scaling Solution zkBNB
ByDavid Bold September 8, 2022September 8, 2022

On Wednesday, BNB Chain announced a Layer 2 scaling solution that stands to drastically enhance the Binance Smart Chain ecosystem. Using zero-knowledge proof technology, zkBNB has been running on a testnet for nearly a week, going online on September 2nd.

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PancakeSwap Partners with ApolloX to Launch Perpetual Trading
ByDavid Bold March 15, 2022March 15, 2022

PancakeSwap, one of the leading decentralized exchanges (DEXs), has announced the launch of the perpetual trading feature, which will allow its users to approach the crypto markets with greater precision and efficiency.

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Chainalysis Makes Blockchain Tracing Tools Public in Light of Sanctions Levied Against Russia
ByDavid Bold March 11, 2022March 11, 2022

The leading blockchain forensics firm, Chainalysis, has launched new distributed ledger tools designed to identify crypto addresses that have been put on a list of economic sanctions by the United States, European Union, or the United Nations.

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BNB Chain Unites Binance Smart Chain (BSC) and Binance Chain, BNB Now Stands For “Build and Build”
ByDavid Bold February 15, 2022February 15, 2022

On Tuesday, the Binance cryptocurrency exchange announced it is rebranding its flagship products to reflect recent developments in the decentralized finance (DeFi) space and the growing proliferation of metaverse commerce.

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Binance Partners with YG Entertainment For a Metaverse Push
ByDavid Bold February 9, 2022February 9, 2022

Binance, the world’s largest cryptocurrency trading platform has inked a strategic partnership deal with YG Entertainment, South Korea’s leading entertainment agency. The newly announced collaboration will reportedly see the two companies work on a wide array of blockchain products and services, including non-fungible tokens (NFTs), blockchain-based gaming, and the metaverse.

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Binance Removes $729M Worth of BNB From Circulation in First-Ever Auto-Burn
ByDavid Bold January 18, 2022January 18, 2022

Binance, the world’s largest digital asset trading platform, has just completed its 18th Binance Coin (BNB) quarterly burn, which forever removed 1,684,387 BNB (equivalent to $729 million) from circulation.

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