Halving Articles - Binance Blog

Bitcoin Button Game — Click The Button To Win A Bitcoin

Get a chance to win one bitcoin in our new game. Just log in with Twitter to start playing. <img src="https://public.bnbstatic.com/image/cms/blog/20220315/055118bd-5d7b-4d2f-a37c-5e113dffcc2a.png"/>Crypto, blockchain, NFTs. Unless you were on a long internet detox, you’ve probably come across these terms. And let’s face it, whether you’re a hardcore crypto enthusiast or at the sidelines looking into the crypto space, you’ve heard of the most popular cryptocurrency, Bitcoin. And now’s your chance to win one. Introducing #BitcoinButton, the game where the last one to press the button wins one Bitcoin. Read on to find out how you can play. <h2 style="line-height:1.7999999999999998;margin-top:18pt;margin-bottom:6pt;">How The #BitcoinButton Game Works </h2>The rules of the game are really simple — be the last to click the button and you can win one Bitcoin. The game will start when the number of registered players hits 50,000. But there's a catch. You can only press the button once! <h2 style="line-height:1.7999999999999998;margin-top:18pt;margin-bottom:6pt;">How Do I Play?   </h2><ul style="padding-inline-start: 48px;" class=" list-paddingleft-2"><li>Log in to your Twitter account and follow <a href="https://twitter.com/binance" target="_blank"><span style="font-size: 12pt; color: #1155CC; font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-line: underline; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap;">@Binance</a></li><li>Go <a href="http://binance.com/en/activity/bitcoin-button-game" target="_blank"><span style="font-size: 12pt; color: #1155CC; font-variant-numeric: normal; font-variant-east-asian: normal; text-decoration-line: underline; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap;">here</a> to check out the game and connect your Twitter account </li><li>To play the #BitcoinButton game, simply press the button on the screen. The last person to press the button wins one BTC. </li><li>Didn’t win the bitcoin? Share your results on Twitter and stand to win up to $4,000! </li><li>Want another go? Create or log in to your Binance account to get an extra chance to play and an exclusive #BitcoinButton NFT Mystery Box. </li></ul><h2 style="line-height:1.7999999999999998;margin-top:18pt;margin-bottom:6pt;">Terms & Conditions</h2><ul style="padding-inline-start: 48px;" class=" list-paddingleft-2"><li>Each Binance and Twitter account user can only press the button once.</li><li>Binance reserves the right to disqualify anyone who is found cheating or has acted or plans to act with malicious intent.</li><li>Binance reserves the right to cancel or amend any activity or game rules at our sole discretion.</li></ul>

2022-03-20

Topping up SAFU to $1B

<img src="https://public.bnbstatic.com/image/cms/blog/20221109/d4397d75-5252-46f0-b0bf-31e6123629f4">Funds are SAFU. The <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://academy.binance.com/en/glossary/secure-asset-fund-for-users" customevents="[object Object]">Secure Asset Fund for Users (SAFU)</a> is an emergency insurance fund that was established in 2018 to protect Binance users in extreme situations. Over the years, we’ve continued to monitor SAFU’s size, maintaining the balance at a level adequate to safeguard our users.In January 2022, we announced that SAFU was worth $1B. Due to the recent market conditions, that value is now worth $735m. As of November 2022, we’ve topped the SAFU balance back to $1B.We made a promise to our user base, along with the larger crypto ecosystem, that SAFU would always maintain a sizable level. We’ll continue to uphold that promise and continue to build.Besides protecting user interests’, SAFU’s definition encompasses three essential components towards mass adoption: trust, integrity, and transparency. Retail traders and investors place a significant amount of trust in centralized crypto exchanges.This is why we called upon other centralized exchanges to follow our steps and publicly post their insurance wallet addresses. Users deserve to know if they are transferring their hard-earned money into a platform that employs adequate safety measures and is completely transparent with user funds.When users deposit their money on the Binance platform to use our products, they can rest assured we are fiscally responsible with those funds. Binance is not and has never acted as an investment firm or a hedge fund. We have heard from the community loud and clear that the industry needs to go beyond what is required. It’s our responsibility, as a collective, to ensure users feel comfortable in the crypto ecosystem.  Robust cybersecurity measures are only one part of the equation; the other part is a safety net that can mitigate as much damage as possible in the event of an emergency. Moving forward, SAFU will continue to be a core part of our responsibility to the ecosystem, and we will continue to evolve to meet market conditions head on. List of SAFU Wallet Addresses:<ul data-block-id="f02d869d-e2f3-4362-8455-848f7c5da75c"><li data-block-id="a712674c-ec93-4f19-aff7-e32bc78f0b2a">BTC: <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://blockchair.com/bitcoin/address/1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD" customevents="[object Object]">1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD</a></li><li data-block-id="fd1cfb89-f959-46c6-bc28-3b66fa5f2357">BNB and USDT (BEP20): <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://bscscan.com/address/0x4B16c5dE96EB2117bBE5fd171E4d203624B014aa" customevents="[object Object]">0x4B16c5dE96EB2117bBE5fd171E4d203624B014aa</a></li><li data-block-id="d98ee8c8-48c2-43ec-af42-ebdb92883baf">TUSD (ERC20): <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://etherscan.io/address/0x4B16c5dE96EB2117bBE5fd171E4d203624B014aa" customevents="[object Object]">0x4B16c5dE96EB2117bBE5fd171E4d203624B014aa</a></li></ul>Article last amended: March 17, 2023

2022-11-09

Day 2 Of Our Ramadan Calendar: Fananees NFTs

<h2 data-block-id="bb1b2088-1789-4122-8a89-b75727333ad9">Main Takeaways</h2><ul data-block-id="645381df-a774-48f9-8003-c125833e1025"><li data-block-id="33acf3c1-3913-4ffb-a3d6-3a628e17a856">From March 22 to April 4, we’ll be running different activities, rewards, and community initiatives every day for 14 days as part of our Ramadan Calendar.</li><li data-block-id="2e3d913f-87ed-429a-8b4c-efa5d621c48f">On Day 2 (March 23), we’re giving our community an exclusive chance to take part in the<a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/nft/staking/Fananees" customevents="[object Object]"> Fananees Genesis NFT Collection</a>.</li><li data-block-id="8b698806-369d-40b5-9152-0d7c6e8c26c2">You can stake your NFTs in order to unlock exclusive experiences.</li><li data-block-id="39be0010-5c6b-4264-ae26-f94498cc5fc0">As part of our giving back during the Ramadan Calendar, we’ve put together a prize pool worth $30,000 to be shared amongst Fananees NFT holders.</li></ul>The Fananees characters have become an integral part of Ramadan celebrations for many families in the Middle East. This year they come to Binance thanks to their debut NFT collection.<img src="https://public.bnbstatic.com/image/cms/blog/20230322/fc6a4922-9794-4845-9598-711659bff364" href="https://www.binance.com/en/nft/staking/Fananees">Ramadan Mubarak! Here at Binance, we’re embracing the positive values of kindness, giving, and community during the 2023 Ramadan period. And so, from March 22 to April 4, we’re running different activities and community initiatives (filled with rewards) each day for 14 days. It’s a way to bring our community together during this special time. Welcome to Binance’s Ramadan Calendar as we #ExchangeWithKindness.<h2 data-block-id="f94ebf9c-5485-4af9-b6f3-5abf3baafae6">Introducing The Fananees Genesis Collection</h2>On Day 2 of our Calendar, which falls on March 23, we’re giving our community an exclusive chance to take part in the <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/nft/staking/Fananees" customevents="[object Object]">Fananees Genesis NFT Collection</a>. The Fananees characters were created specifically for Ramadan and first found fame on TV. The characters are particularly well-known thanks to an animated series on MBC3, a popular channel in the Middle East. Each episode featured the adventures of the Fananees as they explored different aspects of Ramadan and Islamic culture.Known for their playful and energetic personalities, the Fananees engage in adventures and experiences that teach children about the importance of sharing, kindness, and cooperation. Through their stories, the Fananees aim to inspire young viewers to embrace the values of Ramadan and to have fun while learning about their faith.This Ramadan, the Fananees are coming to Web3, thanks to the MBC Group — one of MENA’s leading media and entertainment companies. It was MBC that first brought the Fananees into existence on TV, and it’s MBC that is now bringing these popular Ramadan characters to the exciting world of digital collectibles. The MBC team plans to launch 6,000 Fananees NFTs. Of those, 1,000 Fananees NFTs will be sold at 0.08 ETH each via Binance NFT’s launchpad, and our <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/support/faq/what-is-binance-nft-subscription-mechanism-and-how-to-participate-ca84113a81c2471f99d1a7942ccf1795" customevents="[object Object]">Subscription Mechanism</a>.<a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/nft/staking/Fananees" customevents="[object Object]">Subscribe now to the Fananees NFT Launchpad</a><h2 data-block-id="2112ffda-2cae-4b47-836c-bb18023d0c2e">Fananees NFT Utilities</h2>Owning a Fananees NFT means you’re part of the next creative chapter of these much-loved characters. Better yet, you can stake your NFTs to access exclusive experiences from MBC and their partners, such as:<ul data-block-id="0b799970-fc72-4ca4-b43c-aefef89c7483"><li data-block-id="616b447c-7ed2-4cb7-ab17-c344825a7c30">VIP access to MBC events</li><li data-block-id="834142c6-e268-42ac-9a6b-c41446874d5d">Celebrity meet & greets</li><li data-block-id="88924c30-50f1-43f8-9ce4-31c1c4393677">Appearing on popular MBC shows</li><li data-block-id="53ca8cc4-325a-40b4-af11-f53a010293ca">Limited-edition merchandise</li><li data-block-id="0bda4a3a-6374-4cf7-8fc4-0c77ef44cfc9">Free lifetime access to MBC’s educational platform</li><li data-block-id="f0802596-5e9b-446d-8086-af36479e14e1">Access to the Fananees Family Club, an exclusive group where members can interact with MBC and the project founders, and contribute to the project.</li></ul><h2 data-block-id="d00c05af-48d8-4d98-8edb-e8f3b9c0a656">We’re Giving Away Rewards Worth $30,000 </h2>As part of our commitment to giving back during our Ramadan Calendar, we’ve put together a prize pool worth $30,000 to be shared amongst the Fananees Family Club. All you need to do is buy and hold your Fananees NFT until Eid (April 21, 2023). The Top 100 holders will share the rewards between them. Note that the more NFTs you hold, the higher your rank and the greater your share of the rewards. For example, the top Fananees NFT holder will receive $6,000 in rewards, while the 100th place takes home $60 worth of prizes. Other bonuses include:<ul data-block-id="c824feba-633f-4237-883f-c4f2574bd959"><li data-block-id="bf480814-8d64-44ef-9a80-444eb97f988c">A free Fananees NFT if you hold four</li><li data-block-id="22c405e1-7f92-4dec-bfbd-42898e5e93d8">An extra three NFTs to share with your friends after Eid if you hold ten</li><li data-block-id="879fc03a-e27d-4878-bff1-50ecede50d73">The chance to win the Legendary NFT (the collection’s rarest) if you hold 25.</li></ul><h2 data-block-id="22fffe05-ff21-43be-9425-99e90cf91c05">Join Our Fananees NFT AMA</h2>Interested in finding out more? Then please join our exclusive “Ask Me Anything” session with the Fananees team. It will be on March 23 at 20:00 (UTC+4) on <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/nft/staking/Fananees" customevents="[object Object]">Binance Live</a> — our online platform where you can watch sessions from crypto thought leaders.This particular session will be hosted by Moex, Community Manager MENA at Binance, who will be sharing questions from the community with:<ul data-block-id="664dd4b3-c86c-4684-87bc-eb54a6425077"><li data-block-id="9f91b270-4294-4c9e-a335-035c34ef05b7">Dana Walid Haj-Ali, Fananees Community Lead</li><li data-block-id="30c437c2-86e6-42c6-8726-1ee0e7551647">Yasser Almaamoun, Fananees Advisor </li><li data-block-id="a57bc566-9062-46ee-b8f8-162a9f85ba09">Rani Rikabi Sukkar, Director Of Marketing, MBC Group</li></ul><h2 data-block-id="7783f6d3-b54f-4a77-bb31-75e33c87e2e6">How To Take Part In The Fananees Genesis Collection</h2>If you want to secure a Fananees NFT, it all begins on March 23, when you need to take part in the first of the four phases of our Subscription Mechanism.1. Preparation Phase — 2023-03-23 00:00 (UTC) to 2023-03-25 02:00 (UTC)Users are required to fulfill the BNB Prerequisite to participate in the NFT primary sale for the Fananees NFT Collection. Those who meet the <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/support/announcement/360031505011" customevents="[object Object]">minimum daily average BNB holding</a> of 0.1 BNB during the Preparation Phase will be eligible to participate in the NFT primary sale.2. Subscription Phase — 2023-03-25 02:00 (UTC) to 2023-03-26 09:00 (UTC)Qualified users will proceed to the subscription, where they will be allocated participation tickets to join the sale. Each qualified user can only receive three participation tickets for the NFT primary sale when they meet the BNB Prerequisite.During this phase, users are required to submit the participation tickets to the sale at the respective landing pages by clicking [Subscribe for Ticket(s)]. Only users who submit and subscribe their tickets will be qualified to participate in the sale.After users subscribe to the NFT primary sale, all committed participation tickets will enter a pool, where each ticket has a fair chance of winning. Each committed participation ticket will mean that the corresponding amount of 0.08 ETH tokens is locked. This will only be refunded at the end of the Distribution Phase for those who do not receive a winning ticket.Users can only use the available ETH balance in their Spot wallets to complete the subscription, so they should ensure that they have sufficient ETH in their Spot wallets before subscribing their participation tickets.3. Calculation Phase — 2023-03-26 09:00 (UTC) to 2023-03-26 12:00 (UTC)The system will select winning tickets from all committed participation tickets in a fair manner. A winning ticket allows the user to purchase a Fananees NFT in the NFT primary sale at 0.08 ETH.4. Distribution Phase — 2023-03-26 12:00 (UTC)Users who hold winning participation tickets will be able to purchase the NFTs in the NFT primary sale, and the ETH equivalent will be deducted accordingly. Users who do not hold winning participation tickets will have their ETH automatically returned to their Spot wallets.<h2 data-block-id="604bded1-7bc4-4588-9d3b-c4206ee965c3">Three Other Ramadan Calendar Activities</h2>The way our Ramadan Calendar works is that you’ll have to wait for each day to pass before a new activity is unlocked. However, there will also be three activities always available to everyone from March 22 to April 4.The three activities are:<ol data-block-id="ce27c239-8857-4145-9cb1-badf62e896bf"><li data-block-id="12147521-66e3-43cb-9748-edaa9a5eb4d6">Daily Mystery Boxes — log in daily to claim a free gift box; there will be 3,333 USDT spread across 10,000 boxes. The amount of USDT in each box will be distributed at random and capped at $3 inside a single box. You can claim one box per day for free, but please note that it is first come, first served.</li><li data-block-id="13b8f6e3-aab2-41a7-9905-5a22529103cb">Lite Referral Campaign — <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/activity/marketing-campaign/a4cf2d36cdf0494686ce5115dbf1a970" customevents="[object Object]">refer</a> friends to Binance; both users and referred friends will be rewarded. </li><li data-block-id="599358bc-2d8c-41e7-a80d-871e4add8df6"><a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://t.me/binanceexchange" customevents="[object Object]">Telegram</a> Daily Riddle — answer our riddles correctly, and earn rewards.</li></ol>Complete any of these on any day while our Calendar is running, and you’ll be in with a chance to share the rewards attached to each activity.<h2 data-block-id="46d41e6a-b5cd-47a1-8e75-f33a6ef8a1fa">Open Your Ramadan Calendar</h2>Thank you for joining us this Ramadan. It’s a time for reflection and gratitude, but also a time for generosity, charity, and community. And remember, from March 22 to April 4, you’ll be able to open a new activity window on your digital <a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/activity/ramadan-calendar-2023" customevents="[object Object]">Binance Ramadan Calendar</a> each and every day. We hope you enjoy what we’ve prepared for you, and encourage all Binancians across the world to #ExchangeWithKindness.<h2 data-block-id="618491b8-11cc-4b94-874c-c3968651dc0b">Further Reading</h2><ul data-block-id="b8b472fa-779c-46a1-b3b1-762be7ccc676"><li data-block-id="4794718a-d309-4e9b-aa22-33780c431a6d"><a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/activity/ramadan-calendar-2023" customevents="[object Object]">Binance Ramadan Calendar</a></li><li data-block-id="5d017028-a5a0-43a7-9bec-d53b6e23e27d"><a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/blog/all/countdown-to-binances-ramadan-calendar-exchangewithkindness-1914223218429907513" customevents="[object Object]">Countdown to Binance’s Ramadan Calendar</a></li><li data-block-id="356d74eb-1db5-43b2-aa67-0adf32f76302"><a target="_blank" rel="noopener noreferrer nofollow" appurl="" href="https://www.binance.com/en/live" customevents="[object Object]">Binance Live</a></li></ul>

2023-03-22