BNB

Risebit is a blockchain-based investment platform enabling users to generate returns safely and reliably. Users can choose from different investment plans according to their portfolios and strategies. Moreover, they can be part of an entirely community-centered platform where all members have a say in project decisions. Some of the Risebit services include a decentralized crypto exchange, a lending platform, launchpads, staking, and BUSD investment pools. Risebit has reached its token presales in just half an hour and scheduled the official…

The BNB smart chain is back online after the team put activities on hold due to a recent hack on its cross-chain bridge. An official update from the network noted that validators were verifying their status and also upgrading community infrastructure. In a tweet, Binance founder Changpeng Zhao placed the losses from the exploit at an estimated $100M worth of assets.  Binance Puts Operations On Hold The network initially announced that they were halting operations late on Thursday due to…

Binance – the world’s largest cryptocurrency exchange – recently announced the removal of almost 2 million BNB from circulation. That’s over $470 million worth of tokens that will never return to the market. As explained on Wednesday, exactly 1,959,595.29 BNB were removed in the 20th quarterly BNB token burn. At a current price of $224 each, that’s $478,141,250 in BNB that were burned. Of those tokens, 4,181.77 were burned as part of the Pioneer Burn program. The program decreases the…

Overall, 2021 proved fruitful for cryptocurrencies. As a result, many cryptos have reached new all-time highs and increasingly captured the interest of global financial institutions. The ride of Bitcoin toward $ 70,000 has monopolized the attention of enthusiasts. The same is true for Ethereum, with ETH outperforming BTC. The results of the crypto memes Shiba Inu and Dogecoin were also a surprise. Furthermore, we observed the advance of digital currencies defined as "Ethereum killers," such as Polkadot, Solana, and Chainlink.…

On Sunday, Bitcoin dropped more than 16% on its worse trading day since May. The largest crypto traded at a low at $43,000 before settling at above $47,000. Usually, other major cryptos follow Bitcoin's price movements. Unsurprisingly, most major cryptos posted losses in the double digits as well. For example, Ethereum, the second-largest crypto by market cap, dropped 15% to $3,900. Just yesterday, the most significant intelligent contract token traded at $4,600. Binance Coin traded at $545, dropping almost 13%…

Binance is the largest and most popular cryptocurrency exchange in the world. The platform remains a top option for anyone looking to get into the crypto space and make money. But, the past few months have been a bit of a challenge for Binance. The company has faced opposition from different governments. Now, all of these appear to be stifling the rise of its coin, BNB. It All Started So Well Binance launched BNB in 2019 as its exchange token.…

Dissatisfied Binance traders continue to express their sentiments on the exchange's leveraged trading product. Currently, users are now looking forward to taking legal actions and utilizing social media platforms to rally up for compensation from the exchange platform. On top of that, regions such as Europe, Asia, and America are keen on investigating Binance following the growing complaints from users. Binance customers like Alex Holland narrate how he lost an investment sum of $10,000 between April and May 19, 2021,…

The definition of scalability differs depending on the area of applications in websites, applications, or blockchain development. Scalability, or ability to scale, is a blockchain's capability to grow and support the increasing number of activities. Commonly, the concept of scalability relates directly to the speed, throughput, and ability to host increasing amounts of transactions with time. Most blockchain networks using the proof of work consensus algorithms offer transactions at a speed of 10tps. However, if crypto is globally adopted, it…

Investing in crypto is tricky but highly profitable. For instance, there are many viable investment options in crypto today, and more are joining every month; therefore, choosing an asset is hard. XRP and BNB have been fighting for the third slot in the past few days. But, first, investors must know which asset to choose between BNB and XRP. This guide will analyze the investment prospects of the two famous assets, XRP and BNB, and provide a verdict on which…