Today, we take a look at new addresses on the BNB Chain while our Research team offers an update on the...📊 BNB Chain Maintains Lead on New Addresses Over the last twelve weeks, BNB Chain has gained 17.4M...During the week of Oct. 3, Polygon temporarily surpassed BNB Chain, recording 932K new addresses compared...to BNB Chain’s 839K.

📊 MATIC and BNB Outperform in the Wake of FTX Fallout The sudden collapse of FTX has spurred significant...Notably, only MATIC and BNB have seen an increase in price since the beginning of October....While MATIC is up 6% over that time frame, BNB is up only 3%....BNB, the other outperformer, has made notable gains in the past week.

And while BTC holding up well isn’t a surprise, seeing BNB and ETH find strength during these conditions...The strength on BNB and ETH suggests these are the coins buyers are most interested in.

Chart of The Day: BNB Outperforms Major Layer 1s Since BTC’s All-Time High Since the beginning of 2022...Amidst the bloodshed, BNB has relatively outperformed BTC, ETH, and all other major layer-1 protocols...While BTC has experienced a 69% drawdown since all-time high in Nov-2021, BNB is down by 64%.

...recent blogpost, Jump Crypto has disclosed the discovery & patching of an infinite mint exploit on BNB...An attacker could have minted an infinite amount of BNB tokens, sold them for stables or ETH on BNB Chain...The root of the issue was caused from BNB’s fork of the Cosmos SDK, a version which contains numerous...BNB-specific changes.

OpenSea continues to expand to other chains, announcing that NFTs on BNB Chain will be integrated by...🚨 In Case You Missed It OpenSea announces plans to fully integrate NFTs from the BNB Chain into...

Similar to COIN, BNB accrues value from future cash flow generated by trading volumes....To date, the company has burned $426M worth of BNB....The latest BNB burn was Binance’s largest on record at ~$165M....as special discounts when users pay trading fees in BNB....Moreover, we see BNB getting used more and more in DeFi as a collateral asset.

This section will delve into what BNB, OKB, MKR, and RLB do....set at 1000 The BNB Auto-Burn mechanism adjusts the burn quantity, considering both the BNB price and...Its ultimate aim is to pare down the total BNB supply to 100M....Further additions from Binance include the BNB Pioneer Burn Program.

...can attract large consumer interest and bolster Binance’s ecosystem but also add another use case for BNB...Binance Smart Chain is controlled by 21 nodes who stake BNB, implying it is not only more centralized...led off chain governance, but CZ will likely reign control over the chain given his influence and his BNB...

BNB Leading CEX Tokens, HT Suffers BNB has performed well in the last 3 days following Binance’s $1b...While FTT has underperformed BNB, HT has performed far worse as it fell nearly 50% since September.

Though similar to GMX, Level distinguishes itself by operating on the BNB Chain using its own codebase...Senior Tranche (SLP) (Low Risk): BTC: 25% ETH: 20% BNB: 2% Mezzanine Tranche (MLP) (Medium Risk): BTC...: 35% ETH: 35% BNB: 38% CAKE: 30% Junior Tranche (JLP) (High Risk): BTC: 40% ETH: 45% BNB: 60% CAKE:...

Gameta, a hyper-casual mobile gaming platform hosted on BNB Chain, took the number 1 spot this month...have been on a slow decline since the beginning of the month, but MOBOX, a Web3 gaming platform on the BNB...attracted almost 2M unique monthly users during their alpha and became the most played game on the BNB...

Centralized cryptocurrency exchange (“CEX”) tokens have seen a stellar run up year to date, with BNB...We limit the scope to Binance (BNB), FTX (FTT) and Huobi (HT) for CEXs, alongside Sushiswap (SUSHI) and...Their native tokens, BNB and HT each serve the dual purpose of 1) providing special perks to users and...

Over the past 30 days, the NFT sales volumes on most chains have fallen, except for BNB....Sales volumes on BNB have been rising since the beginning of this year, with ~$16M in sales in June....This is a nice trend, however, volumes on BNB are still tiny compared to the main NFT chains (Ethereum...A small but growing NFT community is developing organically on BNB.

BUSD circulates primarily on Ethereum, where it is natively issued by Paxos, and the BNB Chain, where...Currently, 68% of the BUSD supply is on Ethereum while the remaining 32% has been bridged to the BNB...When Binance wraps the BUSD token and bridges it to the BNB Chain, it is then called Binance-peg BUSD...

However, given the success of Binance’s BNB chain and token, it is very much worth keeping MNT and Mantle...This design is therefore more akin to how Binance Smart Chain uses BNB or how Polygon uses POL....BNB chain benefits supremely from Binance’s exchange practices, with BNB being used for gas fees, Binance...prioritizing BNB projects, and much more.

Pretty quickly, people began to draw comparisons between Base and BNB Chain (f.k.a....Binance Moves Onchain In April 2020, Binance launched BNB Chain, an EVM-compatible L1....BNB Chain is now one of the largest blockchains by every conceivable metric....BNB Chain launched right after the Covid dump and right before the 2021 giga-pump.

...to the EVODefi’s Twitter, the team isn’t claiming any wrongdoing, although both Oasis Foundation and BNB...are my quick thoughts on the Lummis bill: — _gabrielShapir0 (@lex_node) June 7, 2022 CZ Responds to BNB...

Price performance for both tokens is tracking capital flows, with BNB experiencing a downturn and MATIC...

BNB Chain and Fantom have otherwise come next, though at respectable levels compared to most others....For example, Fantom and BNB Chain can trade at “cheap” multiples because they currently lack innovative...