BNB, the native token of BNB Chain, began a recovery on Jan. 26, rising by 3% to reclaim the $300 level. Although BNB remains weak, the ongoing recovery is backed by increasing network activity. New Binance launchpad product and a surge in DApp activity A significant portion of the BNB token’s value comes from reduced trading fees…

For zero-knowledge proof-powered layer-2 blockchain Manta Network, its billion-dollar token listing earlier this month did not proceed as expected. To begin, the blockchain was hit by a distributed denial-of-service (DDoS) attack where 135 million remote procedure call (RPC) requests temporarily paralyzed the network for a few hours on Jan. 18. Shortly thereafter, the transfer of…

Ethereum scaling solution AltLayer has become the first of at least three protocols to go live with over $100 million in token airdrops over the coming week. AltLayer’s (ALT) token and the claiming process went live at 9:00 am UTC on Jan. 25. With an allocation of 300 million tokens in the initial airdrop and…

Bitcoin has a date with $35,000 or lower at the hands of fresh global macro turmoil, Arthur Hayes says. In his latest blog post, “Yellen or Talkin’?” on Jan. 24, the former CEO of crypto exchange BitMEX makes a grim short-term BTC price forecast. Hayes: Bitcoin appreciates 2024 inflation risk Bitcoin may still be 75% up versus…

A new protocol from Ethereum-scaling solutions developer Polygon Labs promises to unite what it calls the “divided blockchain landscape” into a web of networks that “feels like a single chain.” In a Jan. 24 blog post, Polygon said its AggLayer solution, set to launch next month, aims to aggregate zero-knowledge (ZK) proofs from multiple blockchains and…

Users must feel secure about their crypto assets and the digital assets space to further mainstream adoption and sustainable growth of the industry. To achieve this, Binance works closely with law enforcement agencies around the world to detect and address financial and cybercrimes. Customer trust plays a pivotal role in the broader adoption of cryptocurrencies,…