The BNB Beacon Chain will cease operations in mid-November 2024, with Binance urging users to migrate their assets to the BNB Smart Chain (BSC). This transition is aimed at consolidating Beacon Chain’s features into BSC to enhance efficiency and security. Following the shutdown, cross-chain communications will end, although historical data will remain accessible. The move is part of Binance’s broader strategy to strengthen its ecosystem, with potential impacts on $BNB’s price closely watched. #BNB #Binance #Crypto #Blockchain #BSC