The Binance Smart Chain (BSC) blockchain is powered by the Binance exchange Token (BNB). BNB coins are also required to take part in BSC’s on-chain governance. Binance launched a new BNB auto-burn method last year in response to community criticism in order to create a healthy BSC ecosystem. Binance had two BNB burn mechanisms before…
Blockchain technology in gaming is driven by non-fungible tokens (NFTs Gaming Tokens), digital assets that represent in-game content. These Tokens are unique, rare, and indivisible, while the blockchain networks that underpin NFTs facilitate player ownership, provable scarcity, interoperability, and immutability. NFTs are cryptographic assets on blockchain with unique ID codes and metadata, which distinguish them from…
Major crypto derivates exchange BitMEX said it will launch its token “BMEX”, in 2022, in two phases. BMEX Airdrop The first phase, an airdrop, “starts now,” the company said, adding that users trading from now until the end of March, will be airdropped BMEX according to their trading volume. What is an airdrop? The exchange noted that the…
Korean-language thriller ‘Squid Game’, released in September, became the most popular Netflix original show in any language, attracting more than 140 million households over the first four weeks of release. Squid Game cryptocurrency scam under investigation by Binance. The Squid game token was built on Binance Smart Chain (BSC). Though Binance has no obligations to…
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