Reimagining the #BlackMyth : #wukong | kaymyg na Binance Square

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Reimagining the #BlackMyth : #wukong 

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#SonicLabs will take a snapshot on December 1, 2024, of wallets holding the complete set of six #SonicShardNFTs , allowing eligible holders to access a future airdrop. These Sonic Shards were obtained through weekly challenges or secondary marketplaces like #PaintSwap . The mainnet launch at the end of 2024 will feature a Layer 2 Ethereum bridge, enhancing connectivity and liquidity. The platform uses HyperGrid's Rollup scaling solution to optimize transactions and is compatible with the Solana Virtual Machine, supporting the #Solana ecosystem and its developer community. $FTM $SOL

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#Glassnode In the wake of the highly anticipated US Presidential Election, #Bitcoin has broken to a new ATH of $75.4k. Under the surface, volatility continues to brew across option markets while on-chain capital inflows continue to expand, suggesting a persistent inflow of new demand. $BTC

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BEP-341 is an approved Binance Evolution Proposal for the Binance Smart Chain (BSC) that enables validators to produce multiple consecutive blocks (now set at four) instead of rotating after each single block. This change aims to improve transaction throughput and network efficiency. Key points include: 1. Consecutive Block Production: Validators can produce four consecutive blocks, optimizing transaction processing time and increasing TPS (transactions per second). 2. Governance-Controlled Parameters: The number of consecutive blocks (initially set to four) can be adjusted via governance if needed. 3. Anti-MEV Measures: To mitigate risks of validators manipulating transaction ordering for profit, additional fees may be allocated to the SystemRewardContract. 4. Security & Liveness: Validator rotation and the requirement for active participation of over half the validators safeguard network integrity and prevent centralization risks. Action Required for Centralized Exchanges (CEXs): CEXs that support #BSC need to: Integrate the Fast Finality API to ensure seamless deposit confirmations under the new block production system. Implement a 60-Block Confirmation Fallback in case the Fast Finality API fails, as an added security measure. This BEP is live and intended to improve network throughput while maintaining security and fairness across the validator ecosystem. #bep341 $BNB

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BNB Chain, the blockchain ecosystem operated by Binance, has launched a tokenization portal designed for Real-World Assets (RWAs) and private businesses, specifically small to medium businesses (SMBs). This new service aims to make it easier for companies to tokenize assets, which can help enhance liquidity and introduce innovative customer engagement strategies. The primary goal of this initiative is to bring more users into the Web3 space by lowering the entry barriers for asset tokenization. Jimmy Zhao, a Senior Solution Architect at @BNB Chain , emphasized that this tokenization solution is a step toward Binance's mission to bring a billion users to Web3 by offering easy access to tokenization for users who may not be familiar with blockchain. For SMBs, this tokenization service offers the potential to create new revenue streams and engage customers through loyalty rewards or other programs without requiring technical expertise. Binance’s focus on RWAs aligns with recent investments by Binance Labs, which aims to expand the scope of #RWA板块涨势强劲 tokenization, including assets like U.S. Treasury Bills. This launch underscores Binance's long-term commitment to growing the tokenization market by making Web3 accessible and supporting businesses in the digital economy - #BeinCrypto $BNB

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#COINCU #JPMorganChase has announced an instant #EURUSD conversion service on its #Kinexys blockchain, aimed at providing faster, more cost-effective solutions, especially for fintech companies. This new blockchain service, which reduces conversion times from one to two days to instant transfers, is anticipated to attract significant user interest. #JPMCOIN , JPMorgan’s blockchain token, will support this service by generating revenue through transaction fees and foreign exchange spreads. The Kinexys platform has seen substantial growth, with transaction volumes up tenfold year-over-year, and further expansion is expected. The bank’s CEO, Jamie Dimon, noted that JPMorgan is leading in blockchain implementation, emphasizing the bank’s continued focus on scaling this technology. Additionally, other notable blockchain and crypto developments include the Tether CEO detailing the reserves backing $USDT, a major investment in Swisstronik, and speculation that BlockDAG's hybrid technology could potentially surpass $BTC and $ETH with significant price growth.

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