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    Tag: bnb

    Binance Accused of Violating Western Sanctions on Russia, BNB Hits 1-year Low

    Cryptory.net - Binance is still processing transactions for at least 5 blacklisted Russian entities, according to The Wall Street Journal.

    Smart Contracts Thrive Amid Market Downturn: BNB Chain Q2 Report

    The increase in verified smart contracts on BNB Chain underscores the growing need for security, reliability, and scalability.

    Binance’s BNB Chain Introduces Optimism-Powered Layer-2 Testnet

    A new layer-2 chain called opBNB has been introduced by the blockchain founded by Binance, although some argue that there are alternative ways to scale the network.

    BNB Chain to Develop a Layer-2 Solution, Sparking Speculation

    After releasing a teaser on Twitter, BNB Chain has sparked speculation within the community about its next move.

    Resilience of Bitcoin and Certain Altcoins Persists Despite Ongoing Crypto Market Sell-Off

    Despite regulatory enforcement against the crypto sector spooking investors, the total crypto market capitalization remains above $1 trillion.

    Binance Lawsuit: 61 Cryptocurrencies Are Now Labeled as Securities By The SEC

    Binance is facing a lawsuit from the United States Securities and Exchange Commission (SEC), which has classified a minimum of 61 cryptocurrencies as securities, impacting tokens worth $100 billion in the market.

    Despite Crypto Market Volatility, Non-Fungible Token Sales Surged in the Past Week

    Despite the recent volatility in the crypto market, non-fungible tokens (NFTs) have proven to be resilient, with a 7.74% surge in weekly sales, amounting to a total of $181.82 million.

    Binance CEO Converts $1B BUSD to BTC, ETH and BNB

    Cryptory.net - $1 billion Industry Recovery Initiative fund will be used to support crypto projects that are struggling with liquidity issues due to the FTX collapse.

    Crypto Market Dyes Red Due To US Regulators’ Crackdown on Staking

    Cryptory.net - Rumors of U.S. regulators wanting to phase out crypto staking have dealt a blow to the market.