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Binance to Phase Out Deposits on BNB Beacon Chain (BEP2)

Binance to Phase Out Deposits on BNB Beacon Chain (BEP2)

Binance, one of the leading cryptocurrency exchanges, has announced its plan to gradually cease support for deposits on the BNB Beacon Chain (BEP2). The sunset of the BNB Beacon Chain is expected to be completed by June 2024. Binance will no longer process deposit requests for all BEP2 tokens, except for BEP2 Binance-pegged tokens (B-tokens), starting from May 15, 2024.

Binance announces the sunset of the BNB Beacon Chain (BEP2) network

Binance announces the sunset of the BNB Beacon Chain (BEP2) network

Binance has announced the sunset of the BNB Beacon Chain (BEP2) network, advising a move to the BEP20 network by June 2024.

CertiK Announces the Completion of British Pound Backed Stablecoin on Binance

CertiK Announces the Completion of British Pound Backed Stablecoin on Binance

According to the Exchangers representative, the token was going to be referred to as Binance GBP and was going to be fully backed by British pounds reserves. He also stated that in the nearest future more fiat currency backed stablecoins would be introduced on the platform

Blockchain Analytics Firm Elliptic Extends Monitoring Solutions to Cover Binance Chain and BNB

Blockchain Analytics Firm Elliptic Extends Monitoring Solutions to Cover Binance Chain and BNB

Blockchain analytics firm Elliptic recently extended its crypto risk monitoring solutions today by adding the Binance Chain and Binance Coin (BNB).

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