According to Coinglass, the crypto market witnessed more than $1.04 billion in liquidations during this period. Of this, a BNB position on the Venus lending protocol belonging to the perpetrator of the BSC bridge $560M hack was liquidated. The BSC Bridge Hack: Understanding One of Crypto’s Biggest Exploits The BSC brdige hack in October 2022…
Binance’s utility coin BNB has posted significant gains, surprising investors as the broader crypto market slumps. Bitcoin and Ethereum, including most altcoins, have gone on recess while BNB surges amid rapid expansion plans on the Binance ecosystem. BNB’s spike on Tuesday, August 1, hinged on Binance’s announcement about the asset’s debut in the Japanese market…
BNB price (Binance coin) is consolidating below $250 against the US Dollar. The price could start a strong increase if it clears the $245 and $250 resistance levels. Binance coin price is struggling to gain pace above the $250 zone against the US Dollar. The price is now trading below $245 and the 100 simple…
Binance, the world’s largest cryptocurrency exchange, just completed its quarterly BNB burn, destroying $480 million worth of its native BNB token. According to the company’s blog post, 1,991,854.33 BNB was recently burned in its 24th quarterly BNB burn, with 747.51 BNB going through the Pioneer Burn Program. Binance Completes 24th Quarterly BNB Burn BNB Chain’s…
Crypto exchange Binance has been the subject of intense regulatory scrutiny over the last few months and BNB has suffered as a result. Even now, as it seems the crypto exchange is beginning to find its footing once more amid regulatory wolves circling, its native token is still under immense selling pressure. This is evidenced…
XRP, the token behind the Ripple payment network, has been on an absolute monster rally in the last day. The token has seen a 65% price surge that propelled it into the number 4 spot in the crypto rankings, pushing BNB down to 5th place, even though BNB on the other hand, is also up…
In a stunning development that has reverberated throughout the cryptocurrency community, a massive whale transaction involving $35 million worth of BNB deposits has sent shockwaves through the upcoming ARKM token sale on Binance. Unveiling the Whale’s Enormous BNB Deposit for ARKM Token Sale Lookonchain, an on-chain smart money analytical platform, has shed light on this…
BNB price (Binance coin) is rising above $245 against the US Dollar. The price could start a strong increase if it clears the $250 and $255 resistance levels. Binance coin price is attempting a fresh increase from the $232 zone against the US Dollar. The price is now trading above $240 and the 100 simple…
BNB price (Binance coin) is recovering above $240 against the US Dollar. The price might gain bullish momentum if it clears $250 and $255. Binance coin price is attempting a recovery wave above $232 against the US Dollar. The price is now trading below $240 and the 100 simple moving average (4 hours). There was…
BNB price (Binance coin) is recovering above $240 against the US Dollar. The price might gain bullish momentum if it clears $260 and $270. Binance coin price is attempting a recovery wave above $240 against the US Dollar. The price is now trading below $260 and the 100 simple moving average (4 hours). There is…