Binance Smart Chain

By CryptoGlobe July 16, 2023 In Binance, BNB, Cryptocurrencies, Ethereum, Litecoin, PancakeSwap, Solana

Binance Coin Whale Cashes Out $2.3 Million in $BNB After Two Years of Dormancy

A major holder of BNB Chain’s native token, Binance’s $BNB, has reawakened after two years and sold a portion of their holdings on the market, raking in substantial profits and signaling an intriguing shift in the behavior of crypto whales. According to data from on-chain analytics service Lookonchain, the whale liquidated 10,000 BNB tokens at […]

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How to Buy BNB on MetaMask

Binance Coin (BNB) is a cryptocurrency made by the popular cryptocurrency exchange Binance. What many cryptocurrency investors don’t know is that it’s possible to buy BNB on MetaMask, and interact with decentralized applications on the BNB Chain using the wallet. BNB uses its own set of technical standards: BEP-2, which is the original token for […]

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$BNB: Binance Acknowledges Error in Mixing B-Tokens’ Collateral and Customer Funds

Leading cryptocurrency exchange Binance has acknowledged that it mistakenly kept the collateral for some of its B-Tokens, which represent tokenized versions of various cryptocurrencies on the $BNB Chain, in the same wallet as the exchange users’ funds. According to a recently published Bloomberg report, the reserves for nearly half of the 94 Binance-peg tokens that […]

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Litecoin ($LTC) and Binance’s $BNB See Whale Transactions Rise, Says Crypto Analytics Platform

Whale transactions for Litecoin ($LTC), a cryptocurrency that’s often referred to as the silver to Bitcoin’s gold, and for Binance’s native tokens $BNB and $BUSD have recently surged, suggesting significant moves are being made. According to on-chain analytics firm Santiment, Litecoin, Binance Coin, and Binance USD have all been seeing surges in transactions above $1 […]

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Crypto Community Bullish on $BTC, $BNB, $ADA, and $XRP for Q4, Santiment Says

The cryptocurrency community is seemingly bullish on a number of cryptoassets for the fourth quarter of the year, while remaining “slightly bearish” on the second-largest cryptocurrency by market capitalization Ethereum ($ETH). In a tweet on-chain cryptocurrency analytics firm Santiment shared with its over 140,000 followers on the microblogging platform, it noted that the “persistent negativity […]

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Crypto Exchange Binance Burns $575 Million in $BNB in Latest Quarterly Burn

Leading cryptocurrency exchange Binance has announced that its latest quarterly $BNB token burn has seen it destroy more than 2 million tokens, worth over $575 million at the time of writing. According to Binance’s announcement, a total of 2,065,152.42 $BNB tokens have been burned as part of the latest quarterly burn, with a total of […]

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$BNB Price Surges as Blockchain Embraces Technology to Make Transactions Cheaper and Faster

The native asset of the Binance-backed BNB Chain, $BNB, has seen its price surge up to 6% over the last 24-hour period after the blockchain network announced it’s embracing zero-knowledge (ZK) rollups, which can speed up transaction times and reduce fees. According to CryptoCompare and TradingView data, BNB is currently trading near the $280 mark, […]

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Crypto Analyst Predicts Binance Coin ($BNB) and Solana ($SOL) Will Soon Rally

Pseudonymous crypto analyst and influencer “Altcoin Sherpa” has recently revealed on social media he believes that Ethereum rivals Binance Coin ($BNB) and Solana ($SOL) will surge in the near future. In a tweet shared with the analyst’s over 170,000 followers, they noted that a potential trade ideal would be to wait for BNB to “reclaim” […]

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Gaming Startups Building on Binance Smart Chain To Get a $200 Million Helping Hand

A new $200 million joint investment initiative by Binance and Animoca Brands will “accelerate and incubate early crypto gaming startups that are building on Binance Smart Chain (BSC).” In a blog post published on December 6, Binance announced that the $1 billion Growth Fund for Binance Smart Chain in October (in order to accelerate adoption […]

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Wormhole Goes Live, Providing Bridge Between Solana, Ethereum, Binance Smart Chain, and Terra

The mainnet for cross-chain interoperability protocol Wormhole has launched with support for Solana, Ethereum, Binance Smart Chain, and Terra. Furthermore, it promises to support other major blockchains in the near future. In a blog post published on August 9, the team said that Wormhole is “a cross-chain messaging protocol, secured by a network of Guardian […]

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PancakeSwap ($CAKE) Breaks $41, Setting New ATH, Now Up 6408% in 2021

On Thursday (April 29), the price of $CAKE, the governance token for PancakeSwap, which is the leading decentralized exchange on Binance Smart Chain (BSC), got as high as $41.53, setting a new all-time high. PancakeSwap is “a decentralized exchange running on Binance Smart Chain, with lots of other features that let you trade, earn and win […]

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