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Coinbase’s Asset Recovery Tool Expands to BNBChain and Polygon Blockchains

Coinbase now helps its users recover assets mistakenly sent to the BNB Smart Chain and Polygon networks after expanding its asset recovery tool’s functionality.

 Hassan Maishera

Radpie Integrates Chainlink CCIP To Unlock Secure Cross-Chain RDP Transfers

Chainlink announced via X on Tuesday that Radpie, a next-gen SubDAO of Magpie, has integrated Chainlink CCIP across the Arbitrum and BNB Chain mainnets.

 Hassan Maishera

Pancakeswap Burns Extra 8,908,216 CAKE Tokens this Week

The Pancakeswap team told its community via X on Tuesday that it has burned 8,908,216 CAKE tokens (worth $28 million) this week.

 Hassan Maishera


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Nexo Card

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Trezor Wallet

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Learn more about Binance Coin.

When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This is a review of Binance Coin.

Binance is one of the most well-known cryptocurrency-to-cryptocurrency exchanges. As of today, the exchange does not support any Fiat currency trading pairs or deposits. Therefore, Binance has issued its own token coin, called the Binance Coin (BNB). BNB can be used to pay for fees on the platform, such as trading. During the ICO, 50% of the BNB tokens were distributed to the public. 40% was kept by the founding team, and 10% was given to its angel investors. Each quarter, Binance will use 20% of their profits to buy back and burn BNB, until 100MM BNB are burned out of its total supply of 200MM.

Zhao Changpeng is a co-founder of Binance and the company’s CEO. Having immigrated to Vancouver, BC in the late 1980s with his family, Changpeng grew up poor and had to work in fast food restaurants and gas stations to support the family. He went on to study computer science in McGill University and worked at the Tokyo Stock Exchange and Bloomberg.

In 2005, Changpeng moved back to China to start his own company making high-frequency trading software for traders. Changpeng heard about Bitcoin from a venture capital friend in 2013, and in 2014, sold his house in Shanghai to go all in on Bitcoin. Changpeng joined and later became OKCoin’s CTO. After leaving OKCoin, Changpeng launched Binance. In 6 months, he led the company to become the world’s number 1 cryptocurrency exchange (in terms of volume).

Binance announced in 2018 that it will be launching its decentralized exchange called Dexathon. The BNB tokens will pay for gas fees and Proof-of-Stake consensus.