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BNB Chain Launches the Innovative 'Airdrop Alliance Programme' with Diverse ProjectsOn March 19, 2024, BNB Chain launched the inaugural "Airdrop Alliance Programme," with the notable participation of Ultiverse, Web3Go, KiloEx, GombleGames, Cellula, StarryNift, and zkPass. Snapshots for this airdrop program will be held from 8 AM UTC on August 1, 2023, until 8 AM UTC on March 19, 2024, for users backtracking on BSC (BNB Smart Chain) and opBNB. The Airdrop Alliance Programme proposed by BNB Chain is designed as a strategic platform to enhance users' awareness and understanding of the airdrop programs within the BNB Chain network and to simultaneously foster community member participation. In expressing their delight in the alliances formed for this programme, the BNB Chain core development team looked forward to the heightened community engagement expected from this launch. They also expressed their deep gratitude to the BNB Chain ecosystem users for their crucial contributions. To stay abreast of these events and the latest news from BNB Chain, be sure to follow these projects and BNB Chain on their social media channels.

BNB Chain Launches the Innovative 'Airdrop Alliance Programme' with Diverse Projects

On March 19, 2024, BNB Chain launched the inaugural "Airdrop Alliance Programme," with the notable participation of Ultiverse, Web3Go, KiloEx, GombleGames, Cellula, StarryNift, and zkPass. Snapshots for this airdrop program will be held from 8 AM UTC on August 1, 2023, until 8 AM UTC on March 19, 2024, for users backtracking on BSC (BNB Smart Chain) and opBNB.

The Airdrop Alliance Programme proposed by BNB Chain is designed as a strategic platform to enhance users' awareness and understanding of the airdrop programs within the BNB Chain network and to simultaneously foster community member participation. In expressing their delight in the alliances formed for this programme, the BNB Chain core development team looked forward to the heightened community engagement expected from this launch. They also expressed their deep gratitude to the BNB Chain ecosystem users for their crucial contributions.

To stay abreast of these events and the latest news from BNB Chain, be sure to follow these projects and BNB Chain on their social media channels.
LIVE
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Bullish
📢 @Friend3AI $F3 is now listed on @assetux! #Assetux, a decentralized FIAT-to-crypto gateway that enables users to purchase crypto using their VISA or Mastercard. #Friend3 is a social dApp where anyone can make friends and profit in the Web3 world. #F3 #Cryptonews #BNBchain #BinanceTournament #BTC #safu #Web3Wallet
📢 @Friend3AI $F3 is now listed on @assetux!

#Assetux, a decentralized FIAT-to-crypto gateway that enables users to purchase crypto using their VISA or Mastercard.

#Friend3 is a social dApp where anyone can make friends and profit in the Web3 world.

#F3 #Cryptonews #BNBchain #BinanceTournament #BTC #safu #Web3Wallet
#Write2earn BNB Chain Announces Upcoming Beacon Chain Fusion #BNB #BNBchain #Binancchain #Binance $BNB BNB Chain, the community-driven blockchain ecosystem, has announced the Beacon Chain (BC) Fusion Second Sunset Fork. This event is scheduled for July 14, 2024, at block height 378,062,790. The upgrade aims to streamline the network, improve efficiency, and enhance security by migrating functionalities from the BNB Beacon Chain to the BNB Smart Chain (BSC). Enhancing the BNB Ecosystem The BC Fusion is set to enhance the BNB ecosystem by consolidating functionalities onto the BNB Smart Chain (BSC). This consolidation will create a more robust, efficient, and secure infrastructure. Actions for Asset Holders and Stakers BNB/BEP2 Asset Holders: Users should transfer their BNB Beacon Chain assets, including BEP2/8 tokens, before and after BC Fusion. Assets not migrated by August 15 will become unmovable. Detailed information can be found here. BNB Stakers: Stakers must move their delegations to the new native staking system. This includes: Cross Chain Redelegation Undelegation, Cross Chain Transfer, New Delegation
#Write2earn
BNB Chain Announces Upcoming Beacon Chain Fusion
#BNB #BNBchain #Binancchain #Binance $BNB

BNB Chain, the community-driven blockchain ecosystem, has announced the Beacon Chain (BC) Fusion Second Sunset Fork. This event is scheduled for July 14, 2024, at block height 378,062,790.
The upgrade aims to streamline the network, improve efficiency, and enhance security by migrating functionalities from the BNB Beacon Chain to the BNB Smart Chain (BSC).

Enhancing the BNB Ecosystem
The BC Fusion is set to enhance the BNB ecosystem by consolidating functionalities onto the BNB Smart Chain (BSC). This consolidation will create a more robust, efficient, and secure infrastructure.

Actions for Asset Holders and Stakers
BNB/BEP2 Asset Holders: Users should transfer their BNB Beacon Chain assets, including BEP2/8 tokens, before and after BC Fusion. Assets not migrated by August 15 will become unmovable. Detailed information can be found here.

BNB Stakers: Stakers must move their delegations to the new native staking system.
This includes:
Cross Chain Redelegation Undelegation, Cross Chain Transfer, New Delegation
LIVE
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Bearish
📌When #BTC dump 70000 to 60000 📈 📌Many of peoples want to know about my analysis just because of my 85% accuracy of predictions in cryptocurrency market 😃. And i just want to say that if you become a trader so just read and analysis the market and dont invest and lossing your money earlier. Bcz if you analysis the market you feel so good for taking a profitable trades 💚 and you learned more about market prices and then you can make profit daily 🥳. #BTC #BNBchain #trend #bitcoinhalving $BTC $ETH $SOL
📌When #BTC dump 70000 to 60000 📈
📌Many of peoples want to know about my analysis just because of my 85% accuracy of predictions in cryptocurrency market 😃.
And i just want to say that if you become a trader so just read and analysis the market and dont invest and lossing your money earlier. Bcz if you analysis the market you feel so good for taking a profitable trades 💚 and you learned more about market prices and then you can make profit daily 🥳.
#BTC #BNBchain #trend #bitcoinhalving $BTC $ETH $SOL
#Write2earn BNB Chain Ecosystem Tokens See Surge in Trading Volumes Led by FLOKI #BnbAth #BNB #BNBchain #FLOKI $BNB $FLOKI In the past 24 hours, trading volumes of tokens within the BNB Chain ecosystem have more than doubled, with meme coin FLOKI leading the gains among larger tokens. Significant Activity on BNB Chain The BNB Chain ecosystem has seen a significant boost in activity, token prices, and trading volumes as BNB surged to a record high above $710. According to CoinGecko, BNB Chain-based token trading volumes rose by 124%. FLOKI increased by over 25%, and PancakeSwap’s CAKE token jumped by 15%. Smaller Cap Projects Shine Smaller projects also showed impressive gains. Sensi’s SENSI token saw a 900% price increase, with trading volumes climbing from $14,000 on Monday to $100,000 by Wednesday morning. Increase in Total Value Locked and Inflows The total value locked (TVL) in BNB ecosystem projects increased by nearly 8%, led by PancakeSwap and Venus, with net inflows topping $2.4 million. Factors Driving BNB’s Price Surge Market observers cite several factors for BNB’s price increase, including token burns and lock initiatives. Nearly $400,000 worth of tokens were burned in the past seven days, contributing to the price surge. BNB Chain’s Potential Highlighted A Floki developer praised BNB Chain's strengths, noting its speed, scalability, and widespread use, especially outside the Western world. "BNB Chain is fast, scalable, and arguably the most used chain by the majority of the non-Western world," the developer stated. BNB Chain, originally developed as Binance Smart Chain, continues to be supported by Binance for its development and funding.
#Write2earn
BNB Chain Ecosystem Tokens See Surge in Trading Volumes Led by FLOKI
#BnbAth #BNB #BNBchain #FLOKI
$BNB $FLOKI

In the past 24 hours, trading volumes of tokens within the BNB Chain ecosystem have more than doubled, with meme coin FLOKI leading the gains among larger tokens.

Significant Activity on BNB Chain
The BNB Chain ecosystem has seen a significant boost in activity, token prices, and trading volumes as BNB surged to a record high above $710. According to CoinGecko, BNB Chain-based token trading volumes rose by 124%. FLOKI increased by over 25%, and PancakeSwap’s CAKE token jumped by 15%.

Smaller Cap Projects Shine
Smaller projects also showed impressive gains. Sensi’s SENSI token saw a 900% price increase, with trading volumes climbing from $14,000 on Monday to $100,000 by Wednesday morning.

Increase in Total Value Locked and Inflows
The total value locked (TVL) in BNB ecosystem projects increased by nearly 8%, led by PancakeSwap and Venus, with net inflows topping $2.4 million.

Factors Driving BNB’s Price Surge
Market observers cite several factors for BNB’s price increase, including token burns and lock initiatives. Nearly $400,000 worth of tokens were burned in the past seven days, contributing to the price surge.

BNB Chain’s Potential Highlighted
A Floki developer praised BNB Chain's strengths, noting its speed, scalability, and widespread use, especially outside the Western world. "BNB Chain is fast, scalable, and arguably the most used chain by the majority of the non-Western world," the developer stated.

BNB Chain, originally developed as Binance Smart Chain, continues to be supported by Binance for its development and funding.
🔥HOT NEW PARTNERSHIP🔥 📢We are thrilled to announce a NEW strategic partnership with ⭐BULL STAR FINANCE (BSF)⭐ 🟢FAILAUNCH IS LIVE ON PINKSALE https://www.pinksale.finance/launchpad/bsc/0x7C9705f3ED9d8dD74A0E31E9066E9caa638132aE ℹ️Follow & Learn more Project dedicated to philanthropy and personal development with a special focus on helping children and small businesses grow ✅ Transpaerent | CEO is public ✅ Audited 💵USDT reflections 🔥 Marketing ⚡️ CMC & CG 🚀 Automatic launch after fairlaunch 🔒 LP locked 5 years 🚀Get in touch & Spread the news! #MelegaSwap #melega #BNBchain #bullstarfinance #BSF
🔥HOT NEW PARTNERSHIP🔥
📢We are thrilled to announce a NEW strategic partnership with
⭐BULL STAR FINANCE (BSF)⭐

🟢FAILAUNCH IS LIVE ON PINKSALE
https://www.pinksale.finance/launchpad/bsc/0x7C9705f3ED9d8dD74A0E31E9066E9caa638132aE

ℹ️Follow & Learn more
Project dedicated to philanthropy and personal development with a special focus on helping children and small businesses grow
✅ Transpaerent | CEO is public
✅ Audited
💵USDT reflections
🔥 Marketing
⚡️ CMC & CG
🚀 Automatic launch after fairlaunch
🔒 LP locked 5 years

🚀Get in touch & Spread the news!

#MelegaSwap #melega #BNBchain #bullstarfinance #BSF
🆕STRATEGIC PARTNERSHIP MEME SOCCER (MSOC) ICO 🟢LIVE NOW! memesoccer.com 💸MEME SOCCER merges the worlds of cryptocurrency and gaming, offering players a revolutionary platform where gaming skills translate into real-world rewards. With MEME SOCCER, players immerse themselves in a vibrant universe where they can customize their characters, engage in thrilling matches, and compete in tournaments. The play-to- earn model allows gamers to monetize their talents, earning valuable in-game rewards that can be converted to cryptocurrencies. #MelegaSwap #melega #memesoccer #BNBchain
🆕STRATEGIC PARTNERSHIP
MEME SOCCER (MSOC) ICO

🟢LIVE NOW! memesoccer.com

💸MEME SOCCER merges the worlds of cryptocurrency and gaming, offering players a revolutionary platform where gaming skills translate into real-world rewards. With MEME SOCCER, players immerse themselves in a vibrant universe where they can customize their characters, engage in thrilling matches, and compete in tournaments. The play-to- earn model allows gamers to monetize their talents, earning valuable in-game rewards that can be converted to cryptocurrencies.

#MelegaSwap #melega #memesoccer #BNBchain
TOP CRYPTO NEWS RECAP (FEBRUARY 25–March 02, 2024) ●      SEC Granted Extension in Ripple Case by Judge Torres ●      FTX Founder SBF Requests 6.5-Year Sentence, Reportedly Advises Prison Guards to Invest in Solana ●      Nigerian Central Banker Throws Shade at Binance, Execs Reportedly in Hot Water ●      Shido Token Plummets 94% in 30 Minutes Due to Epic Exploit Drama ●      Cryptocurrency Exchange BitForex Halts Withdrawals Amidst $56 Million Outflow ●      Do Kwon's Extradition Drama: Delayed Departure to the U.S. Read more by clicking [here](https://www.binance.com/en/feed/post/4898813395698) #MelegaSwap #melega #TrendingTopic #DoKwon #BNBchain
TOP CRYPTO NEWS RECAP (FEBRUARY 25–March 02, 2024)

●      SEC Granted Extension in Ripple Case by Judge Torres
●      FTX Founder SBF Requests 6.5-Year Sentence, Reportedly Advises Prison Guards to Invest in Solana
●      Nigerian Central Banker Throws Shade at Binance, Execs Reportedly in Hot Water
●      Shido Token Plummets 94% in 30 Minutes Due to Epic Exploit Drama
●      Cryptocurrency Exchange BitForex Halts Withdrawals Amidst $56 Million Outflow
●      Do Kwon's Extradition Drama: Delayed Departure to the U.S.

Read more by clicking here

#MelegaSwap #melega #TrendingTopic #DoKwon #BNBchain
News-All Binance user $BNB Binance will perform wallet maintenance for BNB Smart Chain (BEP20) at 2024-06-17 07:00 (UTC). To support the wallet maintenance, deposits and withdrawals on BNB Smart Chain (BEP20) will be suspended starting from 2024-06-17 06:55 (UTC), and be resumed when the maintenance is complete. The maintenance will take about two hours.#Binance #BNBchain
News-All Binance user $BNB
Binance will perform wallet maintenance for BNB Smart Chain (BEP20) at 2024-06-17 07:00 (UTC). To support the wallet maintenance, deposits and withdrawals on BNB Smart Chain (BEP20) will be suspended starting from 2024-06-17 06:55 (UTC), and be resumed when the maintenance is complete. The maintenance will take about two hours.#Binance #BNBchain
🔥Mercedes-Benz Revolutionizes the Driving Experience with Innovative Virtual Assistant UpdateMercedes-Benz recently unveiled a major update to its in-car virtual assistant, taking the driving experience to new heights. This update includes two revolutionary features: an integrated NFT gallery and an artificial intelligence (AI)-powered voice assistant.The integrated NFT gallery represents a bold foray by Mercedes-Benz into the world of digital art. Drivers can now access an exclusive collection of artwork within their vehicle, created in the form of non-fungible tokens (NFT). This feature provides an immersive experience, transforming the car interior into a virtual gallery where each journey becomes an opportunity to appreciate unique artistic creations.The addition of the NFT gallery highlights Mercedes-Benz's desire to explore new frontiers of connectivity and entertainment in the automotive world. By merging cutting-edge automotive technology and digital art, the brand redefines the vehicle interior space as a place where creativity and innovation meet.On the other hand, AI voice assistant represents a significant advancement in the way drivers interact with their vehicles. Powered by advanced artificial intelligence, this assistant provides a more intuitive and personalized user experience. Drivers can now give natural voice commands to adjust various vehicle settings, access real-time information and even perform complex tasks, all while remaining focused on the road.This integration of the AI voice assistant underlines Mercedes-Benz's commitment to innovation and ease of use. By implementing technology that understands and adapts to the driver's needs, the brand seeks to create a smoother and more enjoyable driving experience.The Mercedes-Benz virtual assistant update represents a significant step forward in transforming the driving experience. By combining a revolutionary NFT gallery and an AI voice assistant, the German brand is setting new standards in the automotive industry, offering drivers a driving experience that is connected, artistic and technologically advanced.Don't forget to follow me and like this 😊#BTC #NFT #MercedesBenz #BNBchain

🔥Mercedes-Benz Revolutionizes the Driving Experience with Innovative Virtual Assistant Update

Mercedes-Benz recently unveiled a major update to its in-car virtual assistant, taking the driving experience to new heights. This update includes two revolutionary features: an integrated NFT gallery and an artificial intelligence (AI)-powered voice assistant.The integrated NFT gallery represents a bold foray by Mercedes-Benz into the world of digital art. Drivers can now access an exclusive collection of artwork within their vehicle, created in the form of non-fungible tokens (NFT). This feature provides an immersive experience, transforming the car interior into a virtual gallery where each journey becomes an opportunity to appreciate unique artistic creations.The addition of the NFT gallery highlights Mercedes-Benz's desire to explore new frontiers of connectivity and entertainment in the automotive world. By merging cutting-edge automotive technology and digital art, the brand redefines the vehicle interior space as a place where creativity and innovation meet.On the other hand, AI voice assistant represents a significant advancement in the way drivers interact with their vehicles. Powered by advanced artificial intelligence, this assistant provides a more intuitive and personalized user experience. Drivers can now give natural voice commands to adjust various vehicle settings, access real-time information and even perform complex tasks, all while remaining focused on the road.This integration of the AI voice assistant underlines Mercedes-Benz's commitment to innovation and ease of use. By implementing technology that understands and adapts to the driver's needs, the brand seeks to create a smoother and more enjoyable driving experience.The Mercedes-Benz virtual assistant update represents a significant step forward in transforming the driving experience. By combining a revolutionary NFT gallery and an AI voice assistant, the German brand is setting new standards in the automotive industry, offering drivers a driving experience that is connected, artistic and technologically advanced.Don't forget to follow me and like this 😊#BTC #NFT #MercedesBenz #BNBchain
Want to earn up to $200 now? Prepare your best question for #BNBchain web3 NFT project ritestream.io AMA! A creator-built blockchain crowdfunding platform. ay goodbye to old funding models and welcome a new era of ownership! October 26th 14 pm UTC
Want to earn up to $200 now?

Prepare your best question for #BNBchain web3 NFT project ritestream.io AMA!

A creator-built blockchain crowdfunding platform.

ay goodbye to old funding models and welcome a new era of ownership!

October 26th 14 pm UTC
📌 Bitcoin📌😳😳😳 for more update follow! #BTC You guys clearly see the picture ⬇️ below it seems like it will go for bearish pattern so take a place for your profit on it. 4H chart clearly show that this the (HEAD&SHOULDERS) Pattern ✅ #BTC #trendingtop #BNBchain #hottrends $BTC $SOL $USDC
📌 Bitcoin📌😳😳😳 for more update follow!
#BTC You guys clearly see the picture ⬇️ below it seems like it will go for bearish pattern so take a place for your profit on it.
4H chart clearly show that this the (HEAD&SHOULDERS) Pattern ✅
#BTC #trendingtop #BNBchain #hottrends $BTC $SOL $USDC
🔥 BabyDogeCoin has burned 302 trillion $BABYDOGE ($669K) last month. So far, 51.47% of the total supply have been burned. #BABYDOGE - Top Meme community built on #BNBchain . With utilities: Swap, Farming, Free token locker, AI Art Generator #Memecoins #BullorBear
🔥 BabyDogeCoin has burned 302 trillion $BABYDOGE ($669K) last month.

So far, 51.47% of the total supply have been burned.

#BABYDOGE - Top Meme community built on #BNBchain . With utilities: Swap, Farming, Free token locker, AI Art Generator

#Memecoins #BullorBear
🎁🎁 GOOD NEWS FOR THE STARTUP 🎁🎁 👉 Introducing the DAU Incentive Program – seize the chance to win $200,000 USD monthly for groundbreaking projects! 💰 📆 Enrollment period: 1 calendar month 📈 Eligibility: Projects launched in the last 6 months, with an average of 10 DAU in the last 7 days before application, geared to enhance DAUs on BSC. The higher the eligible projects’ gas fees, the bigger the prize pool. Projects will be ranked based on their average DAU during the month. Total prize pool varies, and is aligned with the sum of actual gas fees from eligible projects. Capped at $200,000 USD in BNB tokens, the prize pool will be distributed in the following way: 🎁 1st Place: 45% share, up to $90,000 🎁 2nd Place: 25% share, up to $50,000 🎁 3rd Place: 15% share, up to $30,000 🎁 4th Place: 10% share, up to $20,000 🎁 5th Place: 5% share, up to $10,000 🔍To learn more about this opportunity, dive into the announcement and apply [announcement and apply](https://www.bnbchain.org/en/blog/bnb-chain-dau-incentive-program-up-to-200-000-in-bnb-to-be-won-monthly) . #bnbSmartChain #DAU #BNB🔥 #BNBchain
🎁🎁 GOOD NEWS FOR THE STARTUP 🎁🎁

👉 Introducing the DAU Incentive Program – seize the chance to win $200,000 USD monthly for groundbreaking projects! 💰

📆 Enrollment period: 1 calendar month
📈 Eligibility: Projects launched in the last 6 months, with an average of 10 DAU in the last 7 days before application, geared to enhance DAUs on BSC.

The higher the eligible projects’ gas fees, the bigger the prize pool. Projects will be ranked based on their average DAU during the month.

Total prize pool varies, and is aligned with the sum of actual gas fees from eligible projects. Capped at $200,000 USD in BNB tokens, the prize pool will be distributed in the following way:

🎁 1st Place: 45% share, up to $90,000
🎁 2nd Place: 25% share, up to $50,000
🎁 3rd Place: 15% share, up to $30,000
🎁 4th Place: 10% share, up to $20,000
🎁 5th Place: 5% share, up to $10,000

🔍To learn more about this opportunity, dive into the announcement and apply announcement and apply .

#bnbSmartChain #DAU #BNB🔥 #BNBchain
Binance Labs Supports Web3 Innovation by Investing in Top BNB Chain Projects Including Blum. 💰 Binance Labs is making waves in the Web3 world by backing five standout projects from BNB Chain's Most Valuable Builder (MVB) Season 7. This strategic move reinforces their commitment to nurturing early-stage projects and driving growth within the BNB Chain ecosystem. 🔹MVB Season 7: A Fiercely Competitive Arena MVB Season 7 saw immense interest, with over 700 applications vying for a spot. After a stringent selection process, only 13 teams were chosen. These teams received comprehensive support, including mentorship, networking opportunities, and access to valuable resources through BNB Chain's Launch-as-a-Service package. 🔹Five Trailblazing Projects Set to Redefine Web3The five projects receiving investment showcase the vast possibilities of Web3: ⚡Aggregata: Simplifying AI by unifying data, models, and computing. ⚡Blum: A Telegram-based mini-app for easy trading of memecoins and new tokens. ⚡Opinion Labs: Building dynamic platforms for opinions and predictions. ⚡SideKick: Creating a central hub for social, gaming, and more. ⚡Vooi: A cross-chain tool for accessing perpetual DEXs. 🔹Blum Joins the Ranks Despite initial delays, Blum has officially joined the MVB Season 7 cohort. A Promising Future for Web3 These five projects represent the forefront of Web3 innovation. With Binance Labs' backing, they have the potential to make a significant impact on the industry. We eagerly await their future accomplishments as they continue to expand and evolve. Binance Labs' investment in these MVB Season 7 projects showcases its unwavering dedication to empowering the Web3 space and fostering innovation. We extend our congratulations to all five teams! #BinanceLabs #BNBchain #bsc #BlumCrypto #BLUM
Binance Labs Supports Web3 Innovation by Investing in Top BNB Chain Projects Including Blum. 💰

Binance Labs is making waves in the Web3 world by backing five standout projects from BNB Chain's Most Valuable Builder (MVB) Season 7. This strategic move reinforces their commitment to nurturing early-stage projects and driving growth within the BNB Chain ecosystem.

🔹MVB Season 7: A Fiercely Competitive Arena

MVB Season 7 saw immense interest, with over 700 applications vying for a spot. After a stringent selection process, only 13 teams were chosen. These teams received comprehensive support, including mentorship, networking opportunities, and access to valuable resources through BNB Chain's Launch-as-a-Service package.

🔹Five Trailblazing Projects Set to Redefine

Web3The five projects receiving investment showcase the vast possibilities of Web3:

⚡Aggregata: Simplifying AI by unifying data, models, and computing.

⚡Blum: A Telegram-based mini-app for easy trading of memecoins and new tokens.

⚡Opinion Labs: Building dynamic platforms for opinions and predictions.

⚡SideKick: Creating a central hub for social, gaming, and more.

⚡Vooi: A cross-chain tool for accessing perpetual DEXs.

🔹Blum Joins the Ranks

Despite initial delays, Blum has officially joined the MVB Season 7 cohort.

A Promising Future for Web3

These five projects represent the forefront of Web3 innovation. With Binance Labs' backing, they have the potential to make a significant impact on the industry. We eagerly await their future accomplishments as they continue to expand and evolve.

Binance Labs' investment in these MVB Season 7 projects showcases its unwavering dedication to empowering the Web3 space and fostering innovation. We extend our congratulations to all five teams!

#BinanceLabs #BNBchain #bsc #BlumCrypto #BLUM
Melega Crypto News Recap: SBF’s Witnesses Banned; Balancer Hacked; Mt.Gox; LUSD & more (Sept 17-23)Hello, crypto enthusiasts! This is MelegaSwap, the world’s leading decentralized ecosystem. Welcome to the latest edition of our weekly cryptocurrency news roundup, where we will discuss the most interesting news from the crypto market from September 17 to September 23, 2023. In the world of cryptocurrency, where news breaks faster than you can blink, it's hard to keep up with everything. But don't worry, we've got you covered. We are here again with a quick recap of some of the biggest crypto news stories from the past week. The crypto market has been through a lot in the past week. From lawsuits to hacks to attacks, it's been a wild ride. Although Bitcoin (#BTC ) managed to break above $27,400 on Tuesday, September 19th, the increase rate throughout the week was just 0.06%. Not much of a move! Almost the same thing with the majority of the top altcoins too.  So what are the top news stories from the cryptoverse this week? Let's check them out! TOP CRYPTO NEWS RECAP (SEPTEMBER 17 – SEPTEMBER 23, 2023) ●      Sam Bankman-Fried Key Witnesses Blocked From Testifying in Upcoming Trial ●      Linearfinance Reports Devastating Attack: LUSD Stablecoin Value Plummets to Zero ●      Defunct Crypto Exchange Mt. Gox To Delay Payment Deadlines by Another Year ●      FTX Founder’s Parents Are Accused of Stealing Millions From Crypto Exchange ●      DeFi Protocol Balancer Fell Victim to a DNS Attack Sam Bankman-Fried Key Witnesses Blocked From Testifying in Upcoming Trial A United States judge, Judge Lewis Kaplan has granted the DOJ's motion to block most of Sam Bankman-Fried's proposed expert witnesses from testifying in his upcoming fraud trial. Lawrence Akka, a British barrister, and others were excluded.  While some room for potential testimony remains, conditions must be met. Notably, Judge Kaplan emphasized the trial's focus on allegations against Bankman-Fried. The trial is set to commence on October 3. This development is part of the lawsuit against Samuel Bankman-Fried, founder of #FTX , who faces a series of legal setbacks, including a denial of release from jail ahead of the trial. Linearfinance Reports Devastating Attack: LUSD Stablecoin Value Plummets to Zero Hong Kong's #DeFi leader, Linear Finance, suffered a critical attack, draining all ℓUSD liquidity on PancakeSwap and Ascendex. The breach collapsed the value of the ℓUSD stablecoin to zero on CoinGecko. The attacker minted unlimited ℓAAVE tokens, then traded for ℓUSD, liquidating on both platforms. However, the Linear Finance team took swift action after the incident: all token operations paused, the bridge contract was disabled, and experts were engaged. Users were also urged to refrain from trading any pairs related to ℓUSD. Despite the incident, Linear Finance's total value locked remains stable at about $8 million. Defunct Crypto Exchange Mt. Gox To Delay Payment Deadlines by Another Year Mt. Gox, a defunct crypto exchange, has delayed the deadline for repaying its creditors by another year, now set for October 31, 2024. This is due to the time required to provide necessary information and engage in discussions with banks, fund transfer service providers, and cryptocurrency exchanges.  However, some creditors may see payments this year. The exchange was hacked in 2014, and a rehabilitation proposal promising to remunerate about 90% of the assets owed to affected customers was approved in 2021. FTX Founder’s Parents Are Accused of Stealing Millions From Crypto Exchange The parents of Sam Bankman-Fried, the founder of FTX, are being sued for damages linked to the crypto company's collapse. Managers at the bankrupt firm accuse the couple of holding millions of "fraudulently transferred" dollars and turning a blind eye to misconduct at the company.  The legal action was filed on behalf of millions of FTX customers who lost money when it collapsed last year. Sam Bankman-Fried himself has been accused by US prosecutors of illegally transferring millions from the exchange to plug losses at his trading firm, make political donations, and buy property. He has denied the charges and is currently in jail awaiting trial next month. DeFi Protocol Balancer Fell Victim to a DNS Attack #Balancer , a decentralized exchange, was hit by a DNS attack on September 19. Hackers redirected users and their transactions to a malicious destination by compromising Balancer's domain names. Tokens worth $253,044 were stolen, with the majority of the exploit happening within the first couple of hours. The hackers transferred nearly $100,000 worth of tokens to another address. Although the Balancer team advised users not to interact with http://balancer.fi or http://app.balancer.fi, they announced the issues have been finally resolved. NEWS FROM THE MELEGASWAP ECOSYSTEM The Clan (CLAN) Farm and Pool Listed on MelegaSwap The Clan is a rewards center for $CLAN holders. The ultimate recipe for creating a functional ecosystem is balance and reciprocity. "The Clan" was born as a proposal to the entire DeFi community; let's join forces and create a rewards center. RARI (RARI) Farm & Pool Will be Listed on MelegaSwap An icon has arrived to boost the #BNBchain . Discover, buy, and hold $RARI to drive in the crypto market race successfully. Click to check the full details. Shibafomi (SHIFO) Listed on Farm & Pool on MelegaSwap The best, most powerful, and most innovative meme coin on the Binance smart chain network has finally arrived to trade and farm on Melegaswap! The Mix (MX) Listed on Farm & Pool on MelegaSwap The mix is a voting token in the Mushee ecosystem for voting. ••• Risk warning: Cryptocurrency investment or trading is subject to high market risk. Hence, you might lose your money in the process. Please do adequate research and plan your investments cautiously. We at MelegaSwap will always make the best efforts to list high-quality and potential coins, but we will not be responsible for your losses.  

Melega Crypto News Recap: SBF’s Witnesses Banned; Balancer Hacked; Mt.Gox; LUSD & more (Sept 17-23)

Hello, crypto enthusiasts! This is MelegaSwap, the world’s leading decentralized ecosystem. Welcome to the latest edition of our weekly cryptocurrency news roundup, where we will discuss the most interesting news from the crypto market from September 17 to September 23, 2023.
In the world of cryptocurrency, where news breaks faster than you can blink, it's hard to keep up with everything. But don't worry, we've got you covered. We are here again with a quick recap of some of the biggest crypto news stories from the past week.
The crypto market has been through a lot in the past week. From lawsuits to hacks to attacks, it's been a wild ride. Although Bitcoin (#BTC ) managed to break above $27,400 on Tuesday, September 19th, the increase rate throughout the week was just 0.06%. Not much of a move! Almost the same thing with the majority of the top altcoins too. 
So what are the top news stories from the cryptoverse this week? Let's check them out!
TOP CRYPTO NEWS RECAP (SEPTEMBER 17 – SEPTEMBER 23, 2023)
●      Sam Bankman-Fried Key Witnesses Blocked From Testifying in Upcoming Trial
●      Linearfinance Reports Devastating Attack: LUSD Stablecoin Value Plummets to Zero
●      Defunct Crypto Exchange Mt. Gox To Delay Payment Deadlines by Another Year
●      FTX Founder’s Parents Are Accused of Stealing Millions From Crypto Exchange
●      DeFi Protocol Balancer Fell Victim to a DNS Attack
Sam Bankman-Fried Key Witnesses Blocked From Testifying in Upcoming Trial
A United States judge, Judge Lewis Kaplan has granted the DOJ's motion to block most of Sam Bankman-Fried's proposed expert witnesses from testifying in his upcoming fraud trial. Lawrence Akka, a British barrister, and others were excluded. 
While some room for potential testimony remains, conditions must be met. Notably, Judge Kaplan emphasized the trial's focus on allegations against Bankman-Fried. The trial is set to commence on October 3.
This development is part of the lawsuit against Samuel Bankman-Fried, founder of #FTX , who faces a series of legal setbacks, including a denial of release from jail ahead of the trial.
Linearfinance Reports Devastating Attack: LUSD Stablecoin Value Plummets to Zero
Hong Kong's #DeFi leader, Linear Finance, suffered a critical attack, draining all ℓUSD liquidity on PancakeSwap and Ascendex. The breach collapsed the value of the ℓUSD stablecoin to zero on CoinGecko.
The attacker minted unlimited ℓAAVE tokens, then traded for ℓUSD, liquidating on both platforms. However, the Linear Finance team took swift action after the incident: all token operations paused, the bridge contract was disabled, and experts were engaged. Users were also urged to refrain from trading any pairs related to ℓUSD.
Despite the incident, Linear Finance's total value locked remains stable at about $8 million.
Defunct Crypto Exchange Mt. Gox To Delay Payment Deadlines by Another Year
Mt. Gox, a defunct crypto exchange, has delayed the deadline for repaying its creditors by another year, now set for October 31, 2024. This is due to the time required to provide necessary information and engage in discussions with banks, fund transfer service providers, and cryptocurrency exchanges. 
However, some creditors may see payments this year. The exchange was hacked in 2014, and a rehabilitation proposal promising to remunerate about 90% of the assets owed to affected customers was approved in 2021.
FTX Founder’s Parents Are Accused of Stealing Millions From Crypto Exchange
The parents of Sam Bankman-Fried, the founder of FTX, are being sued for damages linked to the crypto company's collapse. Managers at the bankrupt firm accuse the couple of holding millions of "fraudulently transferred" dollars and turning a blind eye to misconduct at the company. 
The legal action was filed on behalf of millions of FTX customers who lost money when it collapsed last year. Sam Bankman-Fried himself has been accused by US prosecutors of illegally transferring millions from the exchange to plug losses at his trading firm, make political donations, and buy property. He has denied the charges and is currently in jail awaiting trial next month.
DeFi Protocol Balancer Fell Victim to a DNS Attack
#Balancer , a decentralized exchange, was hit by a DNS attack on September 19. Hackers redirected users and their transactions to a malicious destination by compromising Balancer's domain names. Tokens worth $253,044 were stolen, with the majority of the exploit happening within the first couple of hours. The hackers transferred nearly $100,000 worth of tokens to another address. Although the Balancer team advised users not to interact with http://balancer.fi or http://app.balancer.fi, they announced the issues have been finally resolved.
NEWS FROM THE MELEGASWAP ECOSYSTEM
The Clan (CLAN) Farm and Pool Listed on MelegaSwap
The Clan is a rewards center for $CLAN holders. The ultimate recipe for creating a functional ecosystem is balance and reciprocity. "The Clan" was born as a proposal to the entire DeFi community; let's join forces and create a rewards center.
RARI (RARI) Farm & Pool Will be Listed on MelegaSwap
An icon has arrived to boost the #BNBchain . Discover, buy, and hold $RARI to drive in the crypto market race successfully. Click to check the full details.
Shibafomi (SHIFO) Listed on Farm & Pool on MelegaSwap
The best, most powerful, and most innovative meme coin on the Binance smart chain network has finally arrived to trade and farm on Melegaswap!
The Mix (MX) Listed on Farm & Pool on MelegaSwap
The mix is a voting token in the Mushee ecosystem for voting.
•••
Risk warning: Cryptocurrency investment or trading is subject to high market risk. Hence, you might lose your money in the process. Please do adequate research and plan your investments cautiously. We at MelegaSwap will always make the best efforts to list high-quality and potential coins, but we will not be responsible for your losses.
 
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