BNB Chain completed its 36th quarterly token burn, permanently removing 1.61 million BNB tokens valued at approximately $932 million. This burn reduced the total BNB supply to about 133.17 million, moving closer to the long-term goal of 100 million tokens. The burn process now occurs directly on the BNB Smart Chain, sending tokens to a blackhole address to ensure they cannot re-enter circulation. The Auto-Burn system will continue quarterly burns based on network activity and BNB price, alongside real-time gas fee burns, to steadily reduce supply over time.
BNB Chain will activate its Pasteur hard fork on August 25, introducing three key upgrades: improved cross-chain transfer security, stricter validator key controls, and increased transaction capacity from 1,237 to 2,324 transactions per second. The u...
Binance announced it will block transactions involving HTX and 10 other exchanges to comply with the European Union's 21st sanctions package targeting Russia. This move is a mandatory compliance step, not a discretionary business decision, affecting ...
Starting August 23, Binance will block all transactions involving HTX and ten other cryptocurrency platforms due to European Union sanctions targeting these entities for alleged sanctions evasion. Users must avoid any direct or indirect fund transfer...
Cryptocurrency prices exhibit varied changes, with Bitcoin trading near $63,138, slightly down by 0.5%, and Ethereum showing a small gain of 0.2%. Several altcoins like OKB and SHIB have notable increases, while others such as UNI and INJ face declin...
Binance announced it will restrict transactions with 16 crypto and payment platforms linked to Iranian or Russian sanctions in three phases. Five providers are already affected, while the remaining 11, including HTX and EXMO, will face restrictions s...
