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BINANCE FOUNDER UPGRADE

BINANCE FOUNDER UPGRADE

In November 2021, a revolutionary BNB Chain v1.1.5 upgrade called Bruno, with BEP95 real-time burn mechanism, was deployed on BNB Chain Mainnet.

In November 2021, BNB Chain Testnet underwent a hard fork to undergo an upgrade to Bruno release.

In October 2021, BNB Chain surpassed 100 million unique addresses.

In September 2021, PowerPool, the first BNB Chain DeFiIndex, went live on BNB Chain.

In August 2021, Deri Protocol launched the first permissionless derivatives market on BNB Chain.

In July 2021, Ethereum World News reported that BNB Chain was the most used blockchain in Q2.

In May 2021, Metamask added built-in PancakeSwap's swap feature, enabling users to access BNB Chain tokens seamlessly.

In December 2020, Binance entered into a new strategic partnership with Chiliz.

In December 2020, Binance launched the Combined Convert & OTC Trading Portal.

In September 2020, Binance launched Liquid Swap, a trading platform that hosts different pools of liquidity, allowing users to exchange crypto assets and earn from their pooled funds.

In July 2020, Binance acquired Swipe, a leading multi-asset digital wallet and Visa debit card platform.

In April 2020, Binance acquired CoinMarketCap, one of the most visited crypto websites in the world.

Here's a look into some of Binance's important developments in the past few years:

In February 2022, the BNB Chain was introducedīinance has been so successful in its journey that it has become synonymous with crypto.

In December 2021, the BNB Auto-Burn, a new protocol for the quarterly BNB burn, was introduced.

In September 2020, the Binance Smart Chain (BSC) was launched.In April 2019, the ERC-20 mainnet swap took place, with BNB swapped for BEP2 tokens.In April 2019, the Binance Chain mainnet was launched with pre-selected validators producing blocks.

In February 2019, Binance launched the DEX testnet for the new era of peer-to-peer cryptocurrency trading.100,000,000 units of BNB, which is 50% of the total supply, were offered by the token sale. The altcoin was issued and launched during an Initial Coin Offering (ICO) crowdfunding event that happened between June 26 to July 3. He is the co-founder and CEO of Binance, which is the world's largest cryptocurrency exchange by trading volume. Changpeng Zhao, aka CZ, is a Chinese-Canadian business executive. With a mission to build the infrastructure powering the world's parallel virtual ecosystem, BNB Chain has committed itself to be open, multi-chain, permissionless, endlessly decentralized, for creators and inventors, and bigger than and separate from Binance.įormerly known as Binance Coin, BNB, which stands for "Build and Build," was created by Binance in 2017. Within the Binance Exchange ecosystem, BNB is used as a utility token, allowing users to receive discounts when paying for their trading fees.īNB Chain is the result of the merger of Binance Chain and Binance Smart Chain. It was initially issued as an ERC-20 token on the Ethereum platform, but it was later transferred to the main BNB Chain. BNB is the native token of the Binance ecosystem that powers the BNB Chain ecosystem.