Lido community initiates discussion on proposal to extend wstETH to BNB Chain
On November 28th, Lido community initiated a proposal discussion to extend wstETH to BNB Chain, aiming to utilize the expertise and technology of Wormhole, Axelar, and Lido DAO for multi-chain deployment. Wormhole will deploy the wstETH contract on BNB Chain, and after the deployment is completed, the contract ownership will be transferred to a multi-signature address composed of contributors. This module will be protected by representatives selected from the entire Axelar network, Wormhole Foundation, and BNB Chain.
BNB Chain joins Adobe-led Content Authenticity Initiative (CAI)
BNB Chain has announced its participation in the Content Authenticity Initiative (CAI) led by Adobe, integrating Content Credentials into its platform. Content Credentials is an open-source technology that provides transparency into how content is created or edited. CAI is an alliance of over 2,000 members from various industries, including media and technology companies, NGOs, and academic institutions. They add verifiable transparency and trust to online content through secure metadata called "Content Credentials."
Since mid-November, the number of transactions on EVM chains such as Fantom has surged more than 10 times
According to data from The Block dashboard, the number of transactions on alternative Ethereum Virtual Machine (EVM) chains, including Fantom, Avalanche, Celo, Polygon, and BNB Chain, has surged since mid-November. Fantom saw the highest increase, reaching 1,321%, with transaction volume growing from 239,920 on November 17 to 3.41 million on November 26. Celo grew by 1,277% in just four days, with transaction volume increasing from 277,500 on November 22 to 3.82 million on November 26. Polygon saw a 155% increase in transaction volume from November 14 to November 26, while Avalanche's transaction volume grew from 321,900 on November 18 to 3.08 million on November 26, an increase of 857%.
BNB Chain: DappBay’s “Red Alert” identifies over 100 risky dApps this week
BNB Chain stated on social media that DappBay's "Red Alarm" identified over 100 risky dApps this week, including Genesis Universe, AIRDROP HUNTER DeXe DAO Studio, Web3 Pilot, Quick Pay, Silo, and Crystal.
Binance Labs and BNB Chain Open New Founder-Focused Track To Incubate 100 Early-Stage Projects
Binance Labs, in partnership with BNB Chain and CMC Labs, has launched a new "founder track" as part of its MVB accelerator program. The MVB program, now in its seventh season, aims to support builders and grow the BNB Chain ecosystem. The newly added founder track will function as a venture studio dedicated to incubating 100 innovative ideas that address real-world needs, with projects receiving backing from Binance Labs and support in deploying their ventures on BNB Chain. The program's startup track will continue to provide tailored support to early-stage startups, with both tracks running concurrently. Applications for MVB Seven are open until January 15, 2024.
SAI token on BNB Chain is suspected of having a Rug Pull, and the price has dropped 99%
According to the SharkTeam blockchain analysis platform ChainAegis security monitoring, the SAI token on the BNB Chain is suspected of experiencing a Rug Pull, and the price of the token has dropped by 99%.
BNB fell more than 13% in 24H, with daily trading volume hitting a new high since November last year
According to market data, BNB is currently trading at 229 USDT, with a 24-hour decrease of 13.45%. The 24-hour trading volume of BNB is 4.061 million BNB, reaching a new high since November 2022; the 24-hour trading volume is 1.004 billion USDT.
BNB fell nearly 10% in a short time and is now quoted at $242
According to OKX market data on November 22nd, BNB fell nearly 10% in a short period of time and is now priced at $242.
BNB reached a maximum of 267.1 USDT, a 24-hour increase of 5.1%
According to market data, BNB reached a high of 267.1 USDT and is currently trading at 258.8 USDT, with a 24-hour increase of 5.1%.
BNB Chain: BNB Greenfield will be upgraded tomorrow at 07:00 UTC
BNB Chain announced on social media that it will upgrade BNB Greenfield at 7:00 am tomorrow on Coordinated Universal Time (UTC). The following features are expected: support for rejecting storage bucket migration; a hard fork for linking to opBNB; enhanced storage provider (SP) query methods; and disabling SP exit and storage bucket migration messages.