Binance Removes from Circulation BNB Worth $68M in Latest Coin Burn – Ethereum World News

Quick take:

CZ and the team at Binance, have carried out the 13th quarterly BNB coin burn
2,253,888 BNB worth $68 Million has forever been removed from circulation
According to the project’s whitepaper, the token burns will continue until only 100 million out of the initial 200 million BNB are left

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BNB Could Retest $30 Due to the Double LaunchPad/Pool Event By Binance – Ethereum World News

Quick take:

Binance is carrying out a one of kind crowdfunding event that fuses its Launchpool and Launchpad platforms
Beginning today, BNB holders can participate in the ALPHA token sale 
They can also stake their BNB, BUSD or BAND on the Binance Launchpool to earn ALPHA
Binance Coin (BNB) stands

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Binance Launches BNB and BUSD Staking With Up to 60% APR – Ethereum World News

Quick take:

Binance is offering staking of BNB and BUSD at 60% and 50% APR respectively
The popular exchange has decided to embrace DeFi wholeheartedly
Continual focus on DeFi is having a positive impact on the price of Binance Coin (BNB)

Earlier today, the crypto exchange of Binance announced tha

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Over $250M in Binance Coin (BNB) Locked to Farm BEL Tokens – Ethereum World News

Quick take:

Over $250 million in Binance Coin has been staked to farm Bella Protocol (BEL) tokens
Binance launched its newest launchpool feature to offer a secure way of yield farming
The aim of launchpool is to allow investors to stake BNB, BUSD and other tokens to farm other tokens belonging to n

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LINK Allocated 28% of Binance’s New DeFi Index Perpetual Contract – Ethereum World News

Quick take:

Binance has launched a DeFi composite Index perpetual contract
The DEFI/USDT index will go live on the 28th of August, 7 am UTC
The index is made up of 10 DeFi tokens: BAND, COMP, KAVA, KNC, LEND, LINK, MKR, SNX, SXP and ZRX
As with all indices, its value will be calculated using a weig

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Binance Launches BNB DeFi Staking with Up to 25% APR – Ethereum World News

In brief:

Binance has launched the long-awaited staking of BNB on the trading platform.
The DeFi staking of BNB will commence today, August 20th, at 1 pm (UTC). 
7-day and 30-day products will be available and participants stand the chance to earn 25% APY on their BNB.

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Binance Smart Chain Integrates Band (BAND) Protocol’s Oracle Network – Ethereum World News

In summary:

The team at Binance has announced a partnership with the Band (BAND) Protocol.
Binance Smart Chain has integrated BandChain’s decentralized Oracle Network.
The oracle network connects real-world data and APIs to smart contracts.

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Binance Coin (BNB) Stands To Benefit from Staking & $16M SXP Airdrop – Ethereum World News

In summary:

BNB staking will soon be available on the testnet of Binance Chain.
Although via testnet BNB, Binance will distribute 3,000 BNB in prizes to participants. 
The team at Swipe has launched a $16 Million SXP airdrop to Binance Coin holders over a 12 week period.

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BNB Staking is Now Available on the Binance Chain Testnet – Ethereum World News

In brief:

Binance has announced that crypto enthusiasts can now stake BNB on the Binance Chain Testnet. 
The staking will be via testnet BNB available through a faucet. 
The move is in anticipation of the actual staking of BNB on the mainnet of the Binance Chain.

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BNB Investors Remain Bullish on the Pending Binance IEO Announcement – Ethereum World News

In brief:

Binance Coin investors are optimistic that details of the new IEO will be announced soon.
The last Binance IEO was held in April of this year. 
Since the initial announcement of a possible IEO, Binance Coin (BNB) has gained from $17 to $22.

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