BNB Smart Chain


Markets

BNB Price Climbs to Highest Since FTX Crash Amid Airdrop Frenzy, Easing Binance Worries

BNB holders transferred over $400 million worth of BNB tokens in 24 hours to benefit from cross-chain gaming project Portal's upcoming airdrop, Arkham Intelligence noted.

BNB price on Feb. 22 (CoinDesk)

Finance

Binance’s BNB Chain to Offer New Decentralized Storage System

BNB Greenfield’s test net will be released over the next few months, according to the project’s white paper, released Wednesday morning.

Binance's BNB Chain has released the white paper for a new decentralized data storage system. (Unsplash)

Finance

Most Crypto Scams on BNB Chain, Solidus Labs Says

Crypto risk monitoring platform says it has flagged nearly 200,000 crypto rug pulls and decentralized finance scams since August 2020.

Binance CEO Changpeng Zhao and Emily Parker, CoinDesk executive director (Shutterstock/CoinDesk)

Videos

BNB Chain Hack Like ‘Attacking Someone at the Joint of a Bone,’ Says Binance Exec

BNB Smart Chain continued operations following last weekend’s exploit where hackers stole $100 million from the platform. Binance Chief Communications Officer Patrick Hillmann discusses the details of the hack, the vulnerabilities of DeFi and what’s next.

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Videos

BNB Smart Chain Resumes Operations After 'Potential Exploit' Drained Estimated $100M in Crypto

The BNB Smart Chain (BSC) resumed operations as chain validators adopted a software update that would close the exploit used by hackers to drain funds off-chain. Initial token movements suggested that up to two million BSC tokens, worth roughly $570 million, were targeted by an attacker late Thursday, but Binance CEO CZ Zhao estimated in a tweet that the attacker was only able to get away with $100 million of that. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details.

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