How a Trader Turned $3,000 Into $2 Million On BNB Within a Week

A crypto trader made $2 million from just $3,000 by sniping the “4” token seconds after launch on BNB Chain — a masterclass in timing and risk. The post How a Trader Turned $3,000 Into $2 Million On BNB Within a Week appeared first on BeInCrypto.

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Crypto exchange BingX hacked for $43 million

BingX was hacked early Friday, Sept. 20, with $43 million in cryptocurrencies stolen from the exchange’s hot wallet. Hacker stole ETH, BNB, USDT and over 300 other coins and tokens. On-chain data shows the attacker quickly swapped most of the assets for Ethereum and BNB.

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Binance Burns Record $600 Million BNB In Its 15th Quarter

Earlier this week, Binance announced through a blog post that it had burned nearly 1. 1 million BNB tokens, which was worth $600 million at the time, in its latest quarterly burn. The total supply of BNB decreased from 170 million BNB to 169 million BNB.

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After Binance’s $600 Million Burn, All Eyes On Ethereum’s EIP-1559 Implementation

Binance, the world’s largest cryptocurrency exchange by client count, destroyed approximately $600 million of BNB, an announcement on Apr 16 reveals. The $600 Million BNB Burn Burning coins takes them out of circulation, increasing the demand for other coins in circulation.

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Crypto exchange Binance burns nearly $600 million worth of BNB

Crypto exchange Binance ‘burned’ over $594 million worth of its own BNB token today, in a move that marked the largest ever burn that the exchange did. The post Crypto exchange Binance burns nearly $600 million worth of BNB appeared first on CryptoSlate.

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BNB Reaches New All-Time High in Anticipation of Quarterly Token Burn

BNB seems to be in the fifth wave of an ongoing bullish impulse. BNB Token Burn During its launch, Binance committed to burn 100 million BNB. The burning program involves the buyback and subsequent destroying of BNB tokens each year to reduce the total supply.

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Record $600M BNB burn suggests Binance made $750M in profit in Q1

Binance burned $600 million worth of BNB in Q1 2021, which means Binance possibly made over $750 million in profit.

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Binance Burns Record $595.3 Million Worth of BNB, Reaching New Milestone

Leading crypto exchange Binance has reported another scheduled quarterly burn of BNB – this time destroying a record worth of BNB is USD

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Binance-Based DeFi Project TurtleDex Rugpulls, Converts 9,000 Stolen BNB In ETH

According to insider crypto journalist Colun Wu, recently launched DeFi project TurtleDex has performed a rugpull, stealing $2.4 million in BNB raised the pre-sale round

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DeFi Project Meerkat Suspected of $31 Million Rug-Pull

Compare The Meerkat In the DeFi markets, Meerkat Finance is known as the Yearn Finance (YFI) copy. Meerkat Finance’s token MKAT is down after a supposed exploit, leading to a loss worth $31 million, comprising just under $14 million worth of BUSD and 74,000 BNB.

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Rug Pulled on Users as DeFi Project Meerkat Finance Disappears Along with $31 Million

Just a day after the launch of the project on Binance Smart Chain, the DeFi project reported a hack, suspected to be a rug pulling, resulting in the loss of 13.96 BUSD and 73,653 BNB. The post Rug Pulled on Users as DeFi Project Meerkat Finance Disappears Along with Million first appeared on BitcoinExchangeGuide.

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Largest Binance Smart Chain Fraud: Meerkat Finance (MKAT) Rug Pulled with $32 Million Losses

Another day, another "rug pull" in DeFi corner. The team at Meerkat Finance (MKAT), BSC-based "yield farming" protocol, left with whopping $32 million in BUSD and BNB

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Adult Entertainment Site, PornHub, Adds Support for XRP, BNB, USDC & DOGE

Giant adult entertainment platform, Pornhub, is expanding its payment options for its customers after adding support for four other cryptos: USDC, BNB, XRP, and DOGE. The popular adult content website with approximately 120 million visitors per day will accept premium subscriptions using the four virtual coins.

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Binance Undergoes Largest BNB Token Burn to Date, $165 Million

Every quarter, Binance buys back a portion of BNB depending on the number of fees generated. It essentially redistributes those fees back to token holders and takes BNB off the market forever. With bitcoin breaking all-time highs and ethereum just touching it’s all time high, interest in the cryptocurrency space is growing.

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Binance Burns $165 Million Worth of BNB Tokens

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Crypto Price Analysis April 16: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK

In the early hours of April 16, the BTC price reached a low of $6,461. However, it immediately reversed its trend and has reached a high of $7,147 within the same day. This increase could have been caused by the printing of $120 million Tether (USDT), which occurred slightly prior to the price beginning its […] The post Crypto Price Analysis April 16: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK appeared first on BeInCrypto.

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Binance To Launch A Crypto VISA Debit Card Using Bitcoin or BNB; Beta Out Now

It’s a race to market as Binance exchange becomes the latest crypto company to introduce their own debit cards, according to a release on March 26. The card is set to provide a fiat gateway to consumers to spend “their favorite crypto” across over 46 million VISA merchants and retailers worldwide. However, the project is […]

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IBMR gets fresh $3.48M for ARCC cryptocurrency basket fund; to list on BiKi

IBMR, an economic development reserve and advisory, announced it has raised $3. 48 million as an investment seed into the ARCC Currency Reserve, a basket of cryptocurrencies that include ALGO, BTC, and BNB as well as 700,000 USD in seed investments for US-based tech start-up companies.

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CZ Says BNB Burns Not Priced In after 2.2 Million Binance Coin Taken Out of Circulation Forever

Today, the world's leading cryptocurrency exchange Binance conducted its 10th BNB burn which has been the second biggest burn in USD terms, at $38. 8 million, and the 3rd highest burn in terms of BNB, at 2.

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Binance Coins (BNB) Worth $38.8 Million Now ‘Out of Circulation’

Binance carried out its 10th token burn, removing ~$38. 8 million worth of BNB from circulation, forever. Binance Performs its 10th Quarterly Token Burn The malta-based crypto exchange, Binance, has just carried out its 10th quarterly token burn, removing $38.

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Binance Lends a Helping Hand to Australian Bushfire Victims with $1 Million BNB

Binance Charity, the blockchain-based charity arm of the world’s number one cryptocurrency exchange by trading volume, has announced that it has initiated the Australia Bushfire Donations project to help raise funds for the restoration of the region which has been devastated by wildfires.

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Binance Charity Launches Relief Effort for Australian Bushfires

Binance Charity Foundation is donating $1 million in BNB tokens to help relieve the devastating impact of the fires in Australia

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Binance Partners With Baxna To Introduce EUR, GBP And AUD Fiat-To-Crypto Gateway

Binance exchange announced a partnership with Australian firm, Banxa, a fiat gateway service, to offer fiat-to-crypto buying services to select countries. The news comes in light of Binance’s recent $1 million USD donation in BNB to help in fighting the bush fires.

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Binance Coin did great in Q2 despite $40M exchange hack – here’s what happened

Binance Coin (BNB) is one of the newest cryptocurrencies on the block. It comes from one of the world’s largest virtual currency exchanges of the same name, Binance.   The token launched in July 2017 as an ERC20 token based on the Ethereum blockchain, raising over $15 million in an initial coin offering (ICO).

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Binance Coin (BNB), Bitcoin SV And ChainLink Nearest To Their All-Time Highs

Binance’s Binance Coin is now emerging as the best performing cryptocurrency of 2019, despite its recent $40 million BTC hack loss. As per market data, it is the closest altcoin to its all-time high value, followed by Chainlink and Bitcoin SV.

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Set To Reach New Highs, Binance Burns $25 Million Worth Of BNB Tokens

Binance, the current biggest cryptocurrency exchange announced their quarterly burn. This is the destruction of the exchange’s Binance coin (BNB) tokens. So this July 12, 808,888 BNB Tokens worth over $25 million were burned, Tokens that Binance says were allocated only for the Binance Team and not any tokens that belonged to private users.

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Binance pledges to burn its entire team allocation of BNB, over $2 billion to be burned

The world’s leading cryptocurrency exchange Binance pledged to burn its entire team allocation of BNB, a token representing pseudo-equity in the exchange, which provides ‘dividends’ through burn appreciation and additional value in the Binance ecosystem.

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Binance Destroys $26 Million Worth of Its Team’s BNB Tokens

Binance says it has completed the eight quarterly "burn" of Binance coin tokens – all from its team's allocation.

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Binance burns BNB tokens worth $24 million in its quarterly burn program

Binance is the world’s leading cryptocurrency exchange by trading volume, well-known for its transparency and its focus on keeping consumers happy. Binance’s native token, BNB, has recorded tremendous growth throughout 2019, breaching its all-time high on a couple of occasions.

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Whale Alert: Massive $300 million transfer takes place on Binance Chain; funds SAFU, says CZ

Binance, one of the world’s largest cryptocurrency exchanges, has been having a wonderful year in terms of new developments, such as their new Binance DEX and the massive growth of Binance Coin [BNB].

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Binance Employees Really Like Binance Coin

Believing in the long-term growth of Binance Coin (BNB), Binance CEO Changpeng Zhao revealed that employees hold a total of 32 million BNB, worth about $1.2 billion.

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This IEO Crypto Token is Up 800% After Binance DEX Launch

Crypto figures were urging caution June 1 after the first token to trade on both Binance and Binance DEX saw suspiciously high trade volume. Harmony Outperforms BNB Crypto Token Harmony (ONE), which constitutes Binance’s latest initial exchange offering (IEO), saw over $600 million in volume in the 24 hours to press time, according to data from CoinMarketCap.

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Insane 550% Gains Makes Binance Coin (BNB) 2019’s Most-Profitable Cryptocurrency

By CCN: Binance is one of the world’s largest cryptocurrency exchanges and also the scene of a $40 million bitcoin theft. But that has not deterred the firm’s native token, Binance Coin (BNB), from becoming the 2019’s best performing digital asset.

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Harmony (ONE) to Get Listed on Binance DEX; Announces 25 Million Token Airdrop

Cryptocurrency exchange Binance published a blog post on May 30, 2019, stating that it would airdrop 3,000 BNB coins to celebrate the successful completion of the Harmony (ONE) initial exchange offering (IEO) on Binance Launchpad.

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MyWish Platform Partners with Binance to Migrate to Binance Chain

The fastest growing cryptocurrency exchange Binance shows the successful implementation of its projects such as Binance Launchpad – an exclusive platform for conducting IEO. Where BitTorrent (BTT) token sale was completed in less than 15 minutes, received more than $7 million and the token price increased by 100 %.

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Crypto Bulls Wrestle Back Control of BNB after Binance’s $40 Million Hack

By CCN: Binance, the leading cryptocurrency exchange in terms of volume, suffered a massive blow on May 7 when hackers ran away with 7,000 bitcoins. At the time, the total haul was valued at roughly $40 million.

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Binance Coin (BNB) Price Hits New All-Time High Following Crypto Exchange Upgrade

Following the security breach that led to the loss of over $4 million in Bitcoins, Binance announced that it has upgraded its platform with better security. This announcement hasn’t only assured existing Binance users of higher security but has also possibly attracted new ones.

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Binance Resumes Normal Operations With A $1.3M Community Binance Coin (BNB) Giveaway

After the $40 million hack last week, Binance has finally resumed withdrawals and deposits.  Yesterday, the cryptocurrency exchange announced that it will be performing a system upgrade after which both deposits and withdrawals will be enabled.

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Binance Coin (BNB) is Marching Towards Its 2019 All-Time High

Binance Coin (BNB) appears to have shaken off the drama of the past two weeks and steadily approaches is 2019 all-time high. Binance Coin (BNB) Overview While Binance Coin has been one of 2019’s top performers it has been something of a laggard over the past week, especially when compared against Bitcoin’s price action.

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Did the $41M Bitcoin Theft Create a Buying Opportunity for Binance Coin (BNB)?

Binance Token (BNB) has taken a significant due to the Binance Bitcoin hack but is the recent pullback an opportunity for buyers? BNB Maybe a Steal as Binance Reels Since topping out at $25. 49 Binance Token (BNB) has pulled back by nearly 27% and the fallout from last week’s Tether – Bitfinex scandal along with Binance’s recent $41 million bitcoin theft are taking their toll on the exchange’s native token.

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Binance Reveals Hack Information as Security Becomes a Public Concern

This article was originally published by 8btc and written by Vincent He. Since May 1, 2019, bitcoin’s price has been rising, reaching a top of over $6,000. As the whole cryptocurrency industry was enjoying the rise, an unexpected hack put a stop to the rise of bitcoin.

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Binance faces criticism for considering rollback of the Bitcoin blockchain

The world’s largest cryptocurrency exchange, Binance, has suffered a hack on May 7th where it lost over $40 million in Bitcoin. The exchange’s CEO, Changpeng Zhao, considered pursuing a rollback of the Bitcoin blockchain, which sparked mass outrage on social media and was followed by a drop in Binance’s BNB coin.

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Джастин Сан предложил покрыть убытки Binance на 7000 BTC. Чанпэн Чжао отказался от помощи

Основатель TRON Foundation Джастин Сан написал о готовности «лично» выделить средства на общую сумму 7000 BTC, чтобы поддержать пострадавшую от хакерской атаки биткоин-биржу Binance. To support @binance , I will personally deposit 7000 BTC worth USDT (40 million USDT) into @binance to buy $BNB, $BTC , $TRX & $BTT if @cz_binance agrees. No need to […]

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Top Losers: Binance hack costs market $4 billion as prices of BNB, Cardano [ADA], Ethereum [ETH] fall

Following one of the world’s largest cryptocurrency exchanges, Binance, suffering a hack that cost $40 million in BTCs, the market took a significant hit. The collective market lost $4 billion in a matter of hours, since news of the hack first broke out.

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Binance Coin [BNB] surges by over 5% in 2 hours as exchange celebrates World Password Day

Even as most cryptocurrencies saw sideways movement, Binance coin [BNB] surged by over 5% in 2 hours. Binance’s effort to celebrate World Password Day contributed to this sudden surge. At press time, BNB was valued at $22.

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What is Binance Chain? The Native Blockchain for Binance DEX

On 23 April 2019, Binance burned 5 million of its own highly valuable Binance coin (BNB) on the Ethereum network. This was not an act of self-inflicted financial harm, but the culmination of plans made since the beginning of Binance’s founding to create its own blockchain network with BNB as the base crypto asset.

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Here’s how Binance Coin performed in Q1 2019

Binance Coin (BNB) is the cryptocurrency offspring from one of the world’s largest virtual currency exchanges, Binance. The token was launched in July 2017 as an ERC20 token based on the Ethereum blockchain, in its initial coin offering (ICO) it raised over $15 million for Binance.

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Binance enables BNB Mainnet deposits, launches Binance DEX and Singapore fiat bridge

Binance has announced that users can now make Binance Coin (BNB) deposits and withdrawals on Binance Chain. Binance CEO Changpeng Zhao tweeted earlier today about burning 5 million Ethereum-based BNB tokens to commence the era of Binance Chain based BNB tokens.

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Binance Burns 50 Million BNB as the First Step to Migrate From Ethereum to Binance Chain

Binance Coin has taken the first step towards migrating to its own Binance Chain as 50 million of Ethereum-based BNB tokens are now burned. The world’s largest cryptocurrency exchange by trading volume Binance has burned a small chunk of its native token Binance Coin (BNB), per the announcement made by its CEO Changpeng Zhao. Just […]

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