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Tag Archives: bnb chain

Osprey Funds Launches First US Publicly Quoted BNB Trust

Osprey Funds, LLC, a U.S.-based crypto investment firm, has announced that the Osprey BNB Chain Trust is now publicly quoted on the OTCQX® Best Market. Interestingly, the fund happens to be the first in the US to provide exposure to BNB, the native token of the BNB Chain ecosystem. It aims to offer a way for investors to access the cryptocurrency through traditional brokerage and IRA accounts. BNB Gains US Accessibility In its official press release this week, Osprey...

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BNB Chain Hit by Record Sandwich Attacks in November, Impacting Thousands of Traders

A record 35.5% of BNB Chain’s blocks were affected by Sandwich attacks in November. Over the past week alone, 645 Sandwich Bots were found to be active on the chain. In total, roughly 43,400 DEX traders were impacted during the entire ordeal. Sandwich Bots Exploit BNB Chain According to data compiled by Dune Analytics, the trading volume on BNB Chain’s DEX reached $9.232 million that week, with Sandwich Bot transactions contributing $1.322 million. A sandwich attack, which is...

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Binance to Temporarily Suspend Deposits and Withdrawals on BNB Smart Chain Soon: Here’s Why

TL;DR Binance will temporarily halt BNB Smart Chain deposits and withdrawals due to maintenance, but trading will not be affected. BNB’s price is down amid a market slump, with a potential rally expected following the release of former CEO Changpeng Zhao from prison. The Upcoming Effort The world’s largest crypto exchange will conduct wallet maintenance for BNB Smart Chain (BEP20) on September 5. To support the process, it will temporarily halt deposits and withdrawals on...

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