BNB

THORChain has activated a “killswitch” that will eventually phase out rune (RUNE) based on Ethereum and BNB Chain in favor of rune issued on its native blockchain. (Unsplash)
THORChain Phases Out Support for Rune Tokens on Ethereum, BNB Chain
The move comes weeks after THORChain’s native blockchain went live on seven supported networks.
THORChain has activated a “killswitch” that will eventually phase out rune (RUNE) based on Ethereum and BNB Chain in favor of rune issued on its native blockchain. (Unsplash)

Over 1.9 million BNB tokens were burned on Wednesday (Getty Images)
More Than $400M in BNB Burned in Quarterly Move
The action is part of an automatic system to reduce the total supply of BNB to 100 million.
Over 1.9 million BNB tokens were burned on Wednesday (Getty Images)

Binance CEO on SEC’s Investigation: ‘BNB Is Not a Security’
Binance CEO on SEC’s Investigation: ‘BNB Is Not a Security’
Binance CEO Changpeng “CZ” Zhao teslls the audience at CoinDesk’s Consensus 2022 that the SEC regularly asks questions about Binance and its products, and states that “BNB is...
Binance CEO on SEC’s Investigation: ‘BNB Is Not a Security’

Binance CEO Changpeng Zhao (Akio Kon/Bloomberg via Getty Images)
US Regulators Investigating Binance’s BNB Token: Report
The SEC is looking into whether the crypto exchange should have registered the initial coin offering of Binance coin as a security, according to Bloomberg.
Binance CEO Changpeng Zhao (Akio Kon/Bloomberg via Getty Images)

(Shutterstock, modified by CoinDesk)
Binance Smart Chain Rebrands to BNB Chain
BNB Chain will be made up of two parts, BNB Beacon Chain and BNB Smart Chain.
(Shutterstock, modified by CoinDesk)

Markets Daily Podcast Cover
Crypto News Roundup for Jan. 18, 2022
With crypto markets continuing to trade sideways and a brief look at the differences between an LLC and a DAO, CoinDesk’s Markets Daily is back with the latest news roundup.
Markets Daily Podcast Cover

(Pixabay)
Binance Destroys 1.6M BNB Tokens in First-Ever Auto Burn
Token burns are supposedly deflationary and usually meant to bring a store of value appeal to the cryptocurrency.
(Pixabay)

(Getty Images)
DeFi Protocol Tranchess Becomes Binance Smart Chain Validator Node, Launches Fund
Running a validator node brings in additional revenue, said co-founder Danny Chong.
(Getty Images)

(Say Cheeze Studios/Unsplash, modified by CoinDesk)
The Tragedy of the Third Coin
As crypto moves increasingly mainstream, many retail investors seek an alternative to bitcoin and ethereum.
(Say Cheeze Studios/Unsplash, modified by CoinDesk)

For some Binance users left out in the cold, it's been a frustrating few months.
'So Many Locked Out': Binance Users Say Their Accounts Have Been Frozen for Months
Since at least late 2020 users from the U.S. and around the globe have had their accounts frozen for unconventional reasons.
For some Binance users left out in the cold, it's been a frustrating few months.