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Binance Launches Multi-Signature Cryptocurrency Wallet on BNB Chain Binance, the cryptocurrency exchange, announced the launch of a multi-signature (multisig) wallet called BNB Chain Safe on Saturday, October 28th. This wallet is built on the Gnosis Safe protocol and is available on the Binance Smart Chain, the primary decentralized exchange (Dex) by Binance, and also on opBNB, a second-layer network launched in June of this year that's compatible with the Ethereum Virtual Machine (EVM) Multi-Signature Wallets Multi-signature wallets, also known as collective wallets, require a specific type of digital signature that allows two or more users to sign documents as a group. These wallets are designed to enhance security and control over digital assets by requiring multiple approvals for transactions. Binance's BNB Chain Safe wallet is introduced as a secure solution for managing digital assets. Binance expressed its commitment to increasing user security and control with this new wallet. Binance mentioned, "Offering the BNB Safe Wallet on the Binance Smart Chain and opBNB further expands the Binance ecosystem and provides users with an additional option when considering which platform to use for their digital asset management needs." This wallet promises to be a valuable addition to Binance's ecosystem, offering enhanced security and control for managing digital assets. In practice, this means that when someone wants to make a transaction or change settings in the wallet, it requires approval from more than one authorized user. In the rapidly evolving world of cryptocurrencies, the introduction of secure and user-friendly wallets like the BNB Chain Safe demonstrates the industry's commitment to safeguarding assets and providing convenient solutions for users. Binance's move to incorporate this wallet into its ecosystem reflects its dedication to offering its users a range of tools and options for managing their digital assets effectively. Your tip help the beggining of new projects and and your loved project reach others! #BinanceCryptoAcademy
Binance Launches Multi-Signature Cryptocurrency Wallet on BNB Chain

Binance, the cryptocurrency exchange, announced the launch of a multi-signature (multisig) wallet called BNB Chain Safe on Saturday, October 28th. This wallet is built on the Gnosis Safe protocol and is available on the Binance Smart Chain, the primary decentralized exchange (Dex) by Binance, and also on opBNB, a second-layer network launched in June of this year that's compatible with the Ethereum Virtual Machine (EVM)

Multi-Signature Wallets

Multi-signature wallets, also known as collective wallets, require a specific type of digital signature that allows two or more users to sign documents as a group. These wallets are designed to enhance security and control over digital assets by requiring multiple approvals for transactions.

Binance's BNB Chain Safe wallet is introduced as a secure solution for managing digital assets. Binance expressed its commitment to increasing user security and control with this new wallet.

Binance mentioned, "Offering the BNB Safe Wallet on the Binance Smart Chain and opBNB further expands the Binance ecosystem and provides users with an additional option when considering which platform to use for their digital asset management needs."

This wallet promises to be a valuable addition to Binance's ecosystem, offering enhanced security and control for managing digital assets. In practice, this means that when someone wants to make a transaction or change settings in the wallet, it requires approval from more than one authorized user.

In the rapidly evolving world of cryptocurrencies, the introduction of secure and user-friendly wallets like the BNB Chain Safe demonstrates the industry's commitment to safeguarding assets and providing convenient solutions for users. Binance's move to incorporate this wallet into its ecosystem reflects its dedication to offering its users a range of tools and options for managing their digital assets effectively.

Your tip help the beggining of new projects and and your loved project reach others!
#BinanceCryptoAcademy
Here are some of the upcoming crypto airdrops in November 2023: zkSync: zkSync is a Layer 2 rollup on Ethereum that uses zero-knowledge cryptography to scale transactions. zkSync is still in beta, but it has already seen significant interest from the crypto community. zkSync is expected to airdrop its native token, STRK, to early users in the near future. StarkNet: StarkNet is another Layer 2 rollup on Ethereum that uses zero-knowledge cryptography. StarkNet is also expected to airdrop its native token, STRK, to early users in the near future. Shardeum: Shardeum is a Layer 1 blockchain that uses sharding technology to scale transactions. Shardeum is still in development, but it has already released a testnet. Shardeum is expected to airdrop its native token, SHM, to early users in the near future. HexHash: HexHash is a Web3 infrastructure company that is running an exclusive $100,000 airdrop giveaway. To participate, users must fill out an airdrop form and complete a number of social tasks. The airdrop is scheduled to end on November 30, 2023. Dracoo World: Dracoo World is a play-to-earn game that is giving away 1 million DRACO tokens to early users. To participate, users must sign up for the game's waiting list and complete a number of social tasks. The airdrop is scheduled to end on November 30, 2023. Tamadoge: Tamadoge is a play-to-earn game that is giving away 1 million TAMA tokens to early users. To participate, users must sign up for the game's waiting list and complete a number of social tasks. The airdrop is scheduled to end on November 30, 2023. Please note that this is not an exhaustive list of all upcoming crypto airdrops. There are many other airdrops that are scheduled to take place in the near future. It is important to do your own research before participating in any #BinanceNewTradingPair #Meme #BinanceSquare #BinanceCryptoAcademy
Here are some of the upcoming crypto airdrops in November 2023:
zkSync: zkSync is a Layer 2 rollup on Ethereum that uses zero-knowledge cryptography to scale transactions. zkSync is still in beta, but it has already seen significant interest from the crypto community. zkSync is expected to airdrop its native token, STRK, to early users in the near future.
StarkNet: StarkNet is another Layer 2 rollup on Ethereum that uses zero-knowledge cryptography. StarkNet is also expected to airdrop its native token, STRK, to early users in the near future.
Shardeum: Shardeum is a Layer 1 blockchain that uses sharding technology to scale transactions. Shardeum is still in development, but it has already released a testnet. Shardeum is expected to airdrop its native token, SHM, to early users in the near future.
HexHash: HexHash is a Web3 infrastructure company that is running an exclusive $100,000 airdrop giveaway. To participate, users must fill out an airdrop form and complete a number of social tasks. The airdrop is scheduled to end on November 30, 2023.
Dracoo World: Dracoo World is a play-to-earn game that is giving away 1 million DRACO tokens to early users. To participate, users must sign up for the game's waiting list and complete a number of social tasks. The airdrop is scheduled to end on November 30, 2023.
Tamadoge: Tamadoge is a play-to-earn game that is giving away 1 million TAMA tokens to early users. To participate, users must sign up for the game's waiting list and complete a number of social tasks. The airdrop is scheduled to end on November 30, 2023.
Please note that this is not an exhaustive list of all upcoming crypto airdrops. There are many other airdrops that are scheduled to take place in the near future. It is important to do your own research before participating in any #BinanceNewTradingPair #Meme #BinanceSquare #BinanceCryptoAcademy
🚨🚨🚨 #unibot hack, $5.6 M drained, what you should learn from this?💡💡💡 The Unibot hack was a security exploit on the popular Telegram bot that allows users to snipe trades on the decentralized exchange Uniswap. On October 29, 2023, hackers exploited a newly deployed contract by Unibot to drain the crypto holdings of several users. The hackers reportedly stole roughly $560,000 in various memecoins. The hack went undetected for several days until October 31, when blockchain analytics firm Scopescan alerted Unibot users to the ongoing exploit. Unibot later confirmed the hack and advised users to revoke the approvals for the exploited contract and move their funds to a new wallet. The underlying issue of the Unibot hack is a CALL injection, which allows an attacker to send malicious call data to the 0xb2bd16ab() method to move tokens approved for Unibot contracts. This exploit is similar to the one that was used to hack the LastPass password manager in August 2023. The Unibot hack is a reminder of the importance of security in the decentralized finance (DeFi) space. DeFi users should always be careful about what contracts they approve and should only use reputable services. Here are some tips to help protect yourself from DeFi scams: Only use reputable DeFi services and protocols. Do your research before investing in any DeFi project. Be careful about what contracts you approve. Never share your private keys with anyone. Keep your software up to date. ***If you believe that you may have been affected by the Unibot hack, you should immediately revoke the approvals for the exploited contract and move your funds to a new wallet. You should also contact Unibot support for assistance. #BinanceSquareTalks #BinanceCryptoAcademy #DeFiLosses #DeFiChallenge
🚨🚨🚨 #unibot hack, $5.6 M drained, what you should learn from this?💡💡💡

The Unibot hack was a security exploit on the popular Telegram bot that allows users to snipe trades on the decentralized exchange Uniswap. On October 29, 2023, hackers exploited a newly deployed contract by Unibot to drain the crypto holdings of several users. The hackers reportedly stole roughly $560,000 in various memecoins.

The hack went undetected for several days until October 31, when blockchain analytics firm Scopescan alerted Unibot users to the ongoing exploit. Unibot later confirmed the hack and advised users to revoke the approvals for the exploited contract and move their funds to a new wallet.

The underlying issue of the Unibot hack is a CALL injection, which allows an attacker to send malicious call data to the 0xb2bd16ab() method to move tokens approved for Unibot contracts. This exploit is similar to the one that was used to hack the LastPass password manager in August 2023.

The Unibot hack is a reminder of the importance of security in the decentralized finance (DeFi) space. DeFi users should always be careful about what contracts they approve and should only use reputable services.

Here are some tips to help protect yourself from DeFi scams:

Only use reputable DeFi services and protocols.

Do your research before investing in any DeFi project.

Be careful about what contracts you approve.

Never share your private keys with anyone.

Keep your software up to date.

***If you believe that you may have been affected by the Unibot hack, you should immediately revoke the approvals for the exploited contract and move your funds to a new wallet. You should also contact Unibot support for assistance.

#BinanceSquareTalks #BinanceCryptoAcademy #DeFiLosses #DeFiChallenge
THIS TIME’s FOR AFRICA Are you an African with the need to learn about blockchain and cryptocurrency? Here’s your chance to gain knowledge on all and beyond. Binance just launched a CRYPTO ACADEMY where interested users are expected to apply and hopefully be selected as beneficiaries. Here’s what you need to know about BCA: BCA Launched in Anglophone Africa! ⏺ Selected users will acquire a solid foundation in trading and cryptocurrency ⏺ Selected users will learn in person rather than online ⏺ Successful users will receive a cryptocurrency training certificate issued by Binance, the world's leading blockchain ecosystem and cryptocurrency infrastructure provider. Well, you'll be delighted to learn that Binance Africa is launching its Online Crypto Academy. A completely FREE program that will take place every weekend for 1 month, and every month, we will welcome a new cohort of apprentices! So, are you interested? [Apply Here](https://www.binance.com/en-NG/support/announcement/binance-launches-crypto-academy-for-english-speaking-users-in-africa-27a442d6ffb143e2aeb41aaec5c4e47a) PS: Binance team will conduct selections after your application. Limited seats available. #BinanceCryptoAcademy #Binance #BinanceSquare
THIS TIME’s FOR AFRICA

Are you an African with the need to learn about blockchain and cryptocurrency? Here’s your chance to gain knowledge on all and beyond.

Binance just launched a CRYPTO ACADEMY where interested users are expected to apply and hopefully be selected as beneficiaries.

Here’s what you need to know about BCA:

BCA Launched in Anglophone Africa!

⏺ Selected users will acquire a solid foundation in trading and cryptocurrency

⏺ Selected users will learn in person rather than online

⏺ Successful users will receive a cryptocurrency training certificate issued by Binance, the world's leading blockchain ecosystem and cryptocurrency infrastructure provider.

Well, you'll be delighted to learn that Binance Africa is launching its Online Crypto Academy.

A completely FREE program that will take place every weekend for 1 month, and every month, we will welcome a new cohort of apprentices!

So, are you interested?

Apply Here

PS: Binance team will conduct selections after your application. Limited seats available.

#BinanceCryptoAcademy #Binance #BinanceSquare
⚠️ Important post for Binance Feed Creator's 💥 ☹️ Binance does not have any monetization plan for feed creators which demotivates the creators. 👉 I want to give a suggestion to the Binance team that they should come up with a monetization plan like ad revenue sharing for Binance #feedcreators , which will motivate the creators and make them work harder. 💯 💥 In this plan, you can make payment to creators directly in #BUSD according to the number of views and likes. 👉 And to become a Binance feed creator, you can also keep some eligibility criteria, like to become a creator, it is necessary to have a Binance account of 1 year old, due to which only people with experience will be able to become a creator. 💥 How did you like my suggestion? Let me know in the comments and if you are a Binance feed creator then like the post so that this information can reach the #BinanceCryptoAcademy team. ✅ #etf #Meme
⚠️ Important post for Binance Feed Creator's 💥

☹️ Binance does not have any monetization plan for feed creators which demotivates the creators.

👉 I want to give a suggestion to the Binance team that they should come up with a monetization plan like ad revenue sharing for Binance #feedcreators , which will motivate the creators and make them work harder. 💯

💥 In this plan, you can make payment to creators directly in #BUSD according to the number of views and likes.

👉 And to become a Binance feed creator, you can also keep some eligibility criteria, like to become a creator, it is necessary to have a Binance account of 1 year old, due to which only people with experience will be able to become a creator.

💥 How did you like my suggestion? Let me know in the comments and if you are a Binance feed creator then like the post so that this information can reach the #BinanceCryptoAcademy team. ✅

#etf #Meme
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