Binance will reportedly upgrade its smart-contract network to the Ethereum-popularized ZK rollup in 2023, to improve scalability.
For Virtuzone, the deal will help advance the use of cryptocurrencies, with the company playing a key role in the Web 3.0 movement in the UAE. Meanwhile, Binance will expand the customer base of its Binance Pay service.
CZ affirmed that the recovered funds represent about 83% of the total stolen funds, and the exchange is currently cooperating with law enforcement agencies to help return the stolen amount.
The Ankr protocol is an integral part of the BNB Chain ecosystem. The startup was responsible for the building of BNB Chain’s Erigon upgrade Archive Node upgrade, and the latest BNB Application Sidechain (BAS) scalability solution.
Binance is not ruling out the possibility of listing the ETHPOW token after the hardfork. The company will eventually take a decision based on how things play out.
Despite the Q2 2022 bear market in Q2 2022, BNB Chain saw a substantial increase in users for the period, rivaling other networks.
Following the news, the price of AMP immediately responded and went nose-diving.
BNB Chain says that DappBay, its recently-launched dApp hub, will improve the overall security impression of users across its ecosystem.
French MEP Aurore Lalucq’s main concern is money laundering and other criminal practices. Therefore, she wants to see more regulation of the cryptocurrency sector.
Binance Labs’ involvement in raising new capital for Magic Square will help the platform grow and also facilitate global Web3 adoption.
The first NFT collection of Ronaldo will start selling on Binance later this year.
Binance announced that it has resumed withdrawals after finding a fix for several on-chain transactions stuck on the Bitcoin blockchain as the BTC price collapsed.
A number of aggrieved investors have filed a lawsuit against Binance.US for misleading the public into buying the UST and LUNA coins.
Notably, seems that Binance has been prepared for the investigation. The exchange has spent tens of millions of dollars hiring the best cyber forensics team in the world.
Binance believes acquiring an appropriate license will help investors repose confidence in its operations and spur adoption.