According to Blockworks, Bitcoin's next halving event is anticipated to take place in the second half of April, but the exact date remains uncertain. Block reward halvings reduce the supply of new bitcoin by 50% and are considered catalysts for price growth and a foundation for BTC's perceived four-year market cycles. Halvings do not affect the overall difficulty of bitcoin mining, but they do reduce the reward, effectively doubling the cost of bitcoin production. The specific time and date for halvings are impossible to pinpoint due to the random nature of bitcoin mining.

Satoshi Nakamoto designed Bitcoin's issuance to be cut in half every 210,000 blocks, with protocols ensuring blocks are found every 10 minutes on average. It takes approximately 2.1 million minutes to mine 210,000 blocks, which translates to around four years. Miners use specialized machines, application-specific integrated circuits (ASICs), capable of producing trillions of hashes per second. The rate of block discovery is influenced by the global block difficulty, which is adjusted every 2,016 blocks. The difficulty is increased or decreased based on the time it took to discover the previous 2,016 blocks.

Due to the stochastic process of finding blocks and the unpredictable nature of block production, it is not feasible to know when the next block or halving will occur. However, the upcoming halving event is expected to happen soon, and its impact on the market will be closely monitored.

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Fellow Binancians,
Binance Spot is launching a promotion for all new users, as well as existing regular and VIP 1-3 users who have not traded on Binance Spot in the past 90 days. A total of $10,000 in BTC token vouchers is available in this promotion.
Register for the Promotion Now!
Promotion Period: 2023-11-07 10:00 (UTC) - 2023-12-07 09:59 (UTC)
The first 2,000 eligible users who confirm their participation and trade at least $50 equivalent on eligible spot trading pairs will qualify to each receive $5 in BTC token vouchers.
Eligible Spot Trading Pairs: BTC/ARS, BTC/BIDR, BTC/BRL, BTC/DAI, BTC/EUR, BTC/FDUSD, BTC/PLN, BTC/RON, BTC/TRY, BTC/TUSD, BTC/UAH, BTC/USDC, BTC/USDT, BTC/ZAR
Guides & Related Materials:
How to Spot Trade (App/Web)
Terms & Conditions:
Only verified new users, as well as existing regular and VIP 1-3 users who have not traded on Binance Spot in the past 90 days, will be eligible to participate in this promotion. This promotion is only available to eligible users who are enabled for Binance Spot trading, and may not be available or may be restricted in certain jurisdictions or regions, or to certain users, depending on legal and regulatory requirements. Users are responsible for informing themselves about and observing any restrictions and/or requirements imposed with respect to the access to and use of Binance Spot trading services in each country from which the services are accessed.Binance reserves the right to change, modify or impose additional restrictions with respect to the access to and use of Binance Spot trading services from time to time in its sole discretion at any time without notification.To qualify for rewards, eligible users need to click on the "Join Now" button at the promotion page and accumulate a total trading volume of at least $50 equivalent on eligible trading pairs at Binance Spot during the Promotion Period.Token voucher rewards will be distributed to eligible users within 14 working days after the end of the Promotion Period. Users will be able to login and redeem their token voucher rewards via Profile > Rewards Hub. Token voucher rewards will expire within two weeks after distribution. Eligible users should claim their vouchers before the expiration date. Learn how to redeem a token voucher.Binance reserves the right to disqualify any participants who, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.Binance reserves the right to disqualify trades that are deemed to be prohibited trading activities, including but not limited to, churning, pump-and-dump schemes, ramping, wash trading and other market manipulation aimed at creating a false representation of price and/or quantity, illegal bulk account registrations, self-dealing, etc.Binance reserves the right at any time in its sole and absolute discretion to terminate, and/or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending this promotion, and changing the eligibility terms and criteria, the selection and number of winners, and/or the timing of any act to be done, and all participants shall be bound by any such amendments.
Additional promotion terms and conditions can be accessed here.Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Thanks for your support!
Binance Team
2023-11-07

According to Foresight News, DeFi yield protocol Pendle Finance has partnered with self-custody platform Waymont to provide hacker protection for liquidity pools. In the event of an imminent attack, Waymont can detect any threats and immediately trigger pre-signed withdrawal transactions on behalf of users, automatically withdrawing and returning funds to a secure vault.