BNB Coin

The US Securities Exchange Commission (SEC) is investigating leading crypto exchange Binance and its token Binance Coin (BNB). A Bloomberg report unveiled this news on June 6, citing sources familiar with the matter. The sources requested anonymity to reveal details of the confidential investigation. According to the report, the SEC is looking into whether Binance violated securities laws. Specifically, the securities regulator seeks to determine whether Binance’s Initial Coin Offering (ICO) involved the sale of an unregistered security. This ICO…

Bitcoin seems to be on a downtrend today after breaking out past its long-term resistance yesterday. Ethereum, Cardano, Binance Coin, and others in the crypto market seem to follow a similar course. Bitcoin Price Analysis On Tuesday 24th, Bitcoin was in a continuous downtrend which began in late 23rd, after bitcoin broke out past $50.5k. Coinmarketcap information shows that this coin has reduced by 2.72% in the past 24 hours. BTC is currently trading at $48.2k, a deep drop from…

The Binance smart chain was launched in September 2020 due to an increasing need for a reliable smart-contract platform. It runs parallel to the Binance chain, which launched in 2019.  All smart contracts launching on the Binance smart-chain network take the BEP format, i.e., BEP-20 for Defi-related smart contracts.  The Binance smart chain has helped many crypto projects by providing a hub for their services. Top ones like PancakeSwap, IDEX, Chainlink, and around 33 others have enjoyed the various benefits…