Opbnb

According to the official announcement, the RIFT Foundation announced the completion of US$3 million in strategic financing to support the ChronoForge ecosystem. This round of financing was participated by well-known web3 and game content creators such as Alex Becker, FaZe Banks, and ElliotTrades. Some funds and communities also participated, including Citizen Capital, SwissBorg, XBorg, MH Ventures, etc. It is reported that ChronoForge is a multiplayer action role-playing game based on Immutable and Raid.
#opbnb

BitFuFu, a mining company listed on the US stock market, announced that it has signed a two-year framework agreement with Bitmain to purchase 80,000 S-series miners (including but not limited to S21 XP and S21 Pro) to support its self-operated mining business and cloud mining services.
#opbnb

#Binance Chain has just unleashed the highly anticipated Greenfield mainnet, a game-changing development in decentralized data storage. This innovative network has been in the works for over a year, and it's ready to reshape the way we handle data.

🚀 Decentralization Meets Programmability
Greenfield is not your typical storage network. It's designed to cater to data-intensive decentralized applications within the #BNB ecosystem. What sets it apart is its focus on programmability. Here's what you need to know:
🔗 Greenfield is all about breaking down barriers. It offers cross-chain programmability, allowing for seamless interaction with smart contracts on the BNB Smart Chain.💨 Speed is of the essence, and Greenfield delivers. It boasts fast bandwidth speeds, ensuring that your data flows without a hitch.🔒Your data is your treasure, and Greenfield treats it that way. It provides robust data access permissions, putting you in the driver's seat.💰 But that's not all! Greenfield's versatility extends to creating a data marketplace. You can list, trade, or sell your data, opening up a world of possibilities.
📈 Impressive Testing Phase
Before going live, Greenfield underwent rigorous testing, handling over 200,000 on-chain transactions involving 150,000 unique wallet addresses. This is a testament to its readiness.
Arnaud Bauer, BNB Chain's senior solution architect, emphasizes the significance of this launch. "BNB Greenfield is a transformative development in web3 data ownership and data economy," he said. It offers a decentralized alternative to traditional cloud services, giving users control over their data and mitigating risks.
Greenfield is just one piece of the puzzle within the BNB ecosystem. It joins the ranks of BNB Beacon Chain, BNB Smart Chain, #opbnb , and zkBNB, all working together to create a dynamic blockchain environment.
In conclusion, BNB Chain's Greenfield mainnet is an amazing addition to the world of decentralized data storage. With its focus on programmability, speed, and data control, it's focused on empowering users and reshape the data economy.
Show me some love! Hit that "like" button, drop a comment, and don't forget to share it
$BNB

IntoTheBlock stated in an article on X that the US government recently seized $600 million worth of Bitcoin from the dark web Silk Road and transferred it to Coinbase Prime. Although depositing to an exchange usually means selling, this transfer may be for custody purposes. Wallets associated with the US government still hold nearly $1.2 billion worth of Bitcoin.
#opbnb

According to official news, Telegram has added paid emoji responses to posts. Users can now respond to posts with star emojis to send Telegram Stars to their favorite channels and content creators.
Channel owners receive 100% of Telegram Stars and can convert them into Toncoin cryptocurrency rewards or subsidies.
If the channel owner wants to enable star reactions on posts, he needs to enable it in "Channel Settings" > "Emoji Reactions" > "Enable Paid Reactions". #opbnb

According to on-chain analyst Ember’s monitoring, a whale address once sold 3,000 BTC from October to December 2023 to achieve a profit of US$26.17 million, and has repurchased a total of 2,000 BTC (approximately US$88.64 million) in the past 4 days. The average price is approximately US$44,323.
Currently, this address holds a total of 5,000 BTC (approximately US$233 million), with a comprehensive average price of US$33,595, and a floating profit of US$66.15 million (+39%). #opbnb

Yesterday BNBCHAIN's Official Twitter announced that they were opening the public TestNet on Twitter for their new TestNet project, namely OPBNB.

OPBNB is a project that will combine 2 networks, namely BSC and OP, to get decentralized fees and have cheap and fast gas fees.

How do we join the TestNet?

First, we prepare the ingredients, namely

• Web browser that supports extensions

• Metamask Extension

• The faucet is TBNB or TestNet balance on the BSC TestNet network.

Pi Network is a digital currency platform that can be secured and mined simply by installing an application on a smartphone. The Pi mainnet is currently in the enclosed phase, meaning that it runs behind a firewall that prohibits external connectivity.The Pi Network mainnet launched in 2021, albeit in the so-called “enclosed network period” variation. The Pi team initially targeted a 2022 launch of the open version of the mainnet, but the rollout was later postponed.In this article, we are going to examine the ins and outs of the Pi network and look into the current status of the PI coin and the launch of the open version of the mainnet.What is Pi Network?Pi Network was developed by a team of Stanford graduates and was first introduced in March 2019. Unlike traditional cryptocurrencies like Bitcoin, Pi Network doesn't rely on energy-intensive mining processes. Instead, it uses a consensus algorithm called the Stellar Consensus Protocol (SCP), which is much more energy-efficient and less resource-intensive than Proof-of-Work (PoW). SCP’s high efficiency allows users to mine Pi coins on their mobile devices without consuming excessive computational power. In fact, anyone with at least 250 megabytes of computer storage can run the Pi Node software. That’s a vastly smaller amount than some other cryptos. For example, you’ll need hundreds of gigabytes of free storage to run a Bitcoin node.Pi Network rolesThere are five different roles in the app, including pioneer, contributor, ambassador, node, and developer ambassador:Pioneer: Pioneer is reserved for those just getting started with the Pi Network ecosystem, allowing them to earn Pi just by opening the app periodically.Contributor: Once you reach the contributor role level, you can mine at a higher rate and add other members to your security circle. Ambassador: Ambassador, as the name implies, is a role that rewards users who are growing the network by inviting new users to the platform.Node: Users assigned the Node role can run the decentralized network by downloading the Node software to their computer.Node Ambassador: Finally, there’s the node ambassador role, which is reserved for those who invite new developers to build apps on the Pi network.Recently, the Pi Network team has been very active in trying to attract new developers to build on the Pi network. The team highlighted a 47 million strong userbase and Pi token rewards as the reasons why developers should be interested in building decentralized applications (dApps) for the Pi ecosystem.The Pi Network roadmapThe Pi Network’s roadmap consists of three distinct phases. The first phase started in 2018 with the launch of a mobile app for iOS devices. About a year later, the original Pi whitepaper was published, outlining the project’s goals, tokenomics, and other aspects of the network.The launch of the Pi testnet in 2020 marked the beginning of the second phase. During the second phase, the team rolled out several utilities, including wallet, browser, and developer tools.The third and final phase started in December 2021 with the launch of the Pi mainnet. It is worth mentioning that the mainnet is currently in a so-called enclosed network period, which means that the mainnet is behind a firewall, preventing any unwanted external connectivity.During the currently ongoing phase, users can complete the KYC process and migrate their Pi coins to the mainnet blockchain. According to the team, the Enclosed Network period should allow time for millions of Pioneers to complete KYC and migrate their Pi to the Mainnet.In addition, the enclosed period should provide leeway for Pi Apps deployed on the testnet to transition to the mainnet successfully.Pros and cons of the Pi NetworkThere are some drawbacks that are worth pointing out when it comes to the Pi Network.First of all, the full mainnet launch is currently about a year late, and there is no concrete timeline for the launch of the open network period. Secondly, the Pi mobile app requires a lot of user information to use, which is a bit concerning. Finally, there’s the very limited use case for the Pi network at the moment.The network doesn't feature any blockchain games, trading protocols, or other decentralized applications that would make using it worthwhile. While the team says that all these things are coming later down the line, it’s a decent possibility that the Pi ecosystem won’t ever reach its full potential.Over 2 billion PI coin mining rewards have already been migrated to the mainnet. Image source: Pi BlockexplorerOn the other hand, with a user base approaching 50 million users, the Pi network holds immense potential. Thanks to the efficient consensus mechanism and the ability for users to earn Pi coins by simply running an app on their mobile phone, the network could continue to grow at a rapid pace. It’s apparent that there is a significant amount of interest in the launch of the open network, as over 2 billion Pi coins have already been migrated to the mainnet.When is the Pi Network mainnet launch date?The Pi Network is still in the transitionary phase between the enclosed and the open version. The Pi core team recently announced they would be releasing a detailed roadmap update in September, which users hope will include the launch date for the open mainnet.Initially, the open version was supposed to launch in 2022, but the rollout was eventually postponed. The team says that the open network period will begin depending on the maturity of the Enclosed Network ecosystem and the progress of the KYC.The open network period will see the firewall lifted, allowing connection to other networks, wallets, and anyone who wants to connect to Pi Mainnet. Also, API calls will not be firewalled, and Pioneers will be able to run their own Pi Nodes and API services.PI coin price potentialMainnet PI coins are not yet available for trading and won’t be until the mainnet is opened. However, some exchanges – including Huobi and Bitmart – allow users to trade PI IOUs. IOUs are obligations that money that was borrowed will be paid back – IOU is an abbreviation for 'I owe you.'The price of Pi coin IOUs has increased considerably in the past month, gaining over +100% and surpassing $60. The interest in IOUs could be an indication of where the price of mainnet PI coins would be if they were available for trading.According to the Pi coin price prediction, the price could surpass $200 in the next 12 months, which means that more than a +400% increase in PI price is in the cards.Pi Network FAQsIs Pi Network worth anything?Pi Network is not worth anything at the moment. It is a cryptocurrency that is still in its development phase and has not yet been launched on any major exchanges. As such, it has no real-world value.However, there is some potential for Pi Network to be worth something in the future. The project has a large user base and is backed by a team of experienced developers. If Pi Network is able to successfully launch and gain adoption, it could potentially be worth a significant amount of money.Is Pi Network safe?Pi Network is generally considered to be safe. The app has been reviewed by security experts, and no major vulnerabilities have been found. However, it is important to note that Pi Network is still in its early stages, and there is always the risk of fraud or scams. It is important to only download the Pi Network app from the official website and to never share your login credentials with anyone. You should also be wary of any offers to buy or sell Pi coins, as these are likely to be scams.Can Pi coin reach $100?It is possible that Pi coin could reach $100 in the future, but it is also possible that it will never be worth anything. The value of Pi Coin will depend on a number of factors, including the number of users who adopt it, the level of demand for Pi Coin, and the overall state of the cryptocurrency market. If the price of currently traded PI coin-based IOUs is any indication, then PI could reach $100 in the future.The bottom linePi Network has a lot of potential thanks to its lightweight design and large user base. However, there are currently very limited use cases for the network, and the delays in the launch of the open mainnet cast doubt on whether the project will ever live up to the hype.At this point in time, it’s impossible to say which way the pendulum will swing. One thing that could reassure users is the launch of the open mainnet – luckily, there’s a good chance that the timeline for the rollout will be announced this month by the Pi core team.#opbnb #ETH #Layer2 #BTC #crypto2023 $BTC $ETH $BNB

In the world of modern technology, blockchain stands out as a revolutionary innovation with the power to reshape industries, improve security, and redefine the way we transact and trust. This article delves into the inner workings of blockchain technology, its applications, and the transformative impact it has on our digital landscape. What is Blockchain? At its core, blockchain is a decentralized and distributed ledger technology. It consists of a chain of blocks, each of them containing a record of multiple transactions. These blocks are linked in chronological order, forming an immutable and unalterable chain.Key Components of Blockchain:1. Decentralization: Unlike traditional centralized systems, blockchain operates on a network of computers (nodes) where no entity has complete control. This decentralization improves security and reduces the risk of a single point of failure.2. Cryptography: Strong cryptographic algorithms secure the data within each block. Transactions are recorded in a manner that ensures that they cannot be altered retroactively.3. Consensus Mechanisms: To validate and add new transactions to the blockchain, participants must agree on their validity. Various consensus mechanisms, such as Proof of Work (PoW) and Proof of Stake (PoS), ensure trust in the network. Applications of Blockchain:1. Cryptocurrencies: Blockchain technology gave rise to Bitcoin, the pioneer cryptocurrency. It allows secure and transparent digital transactions without the need for intermediaries such as banks.2. Smart Contracts: These self-executing contracts with predefined rules and conditions automate various processes, from insurance payments to supply chain management.3. Supply Chain Management: Blockchain can track the journey of products from manufacturer to consumer, ensuring transparency, authenticity and reducing fraud.4. Health: Patient data can be securely stored and shared between healthcare providers, maintaining privacy and security.5. Voting Systems: Blockchain has the potential to create secure and verifiable digital voting systems, improving electoral integrity.6. Intellectual Property: Artists and creators can protect their work by timestamping it on the blockchain, demonstrating its originality and ownership.The Impact of Blockchain:1. Security: The immutability and transparency of blockchain make it resistant to fraud and hacking. Data breaches become less likely in decentralized systems.2. Trust: Blockchain eliminates the need for intermediaries in transactions, reducing the risk of manipulation or fraud. This builds trust in digital interactions.3. Financial Inclusion: Blockchain can provide financial services to unbanked or underbanked populations, granting access to banking services and economic opportunities.4. Efficiency: Transactions and processes are simplified, reducing costs and delays. For example, cross-border payments can become almost instantaneous.Challenges and Considerations:1. Scalability: As blockchain networks grow, scalability issues must be addressed to maintain speed and efficiency.2. Energy Consumption: Proof-of-Work blockchains can be energy intensive, which has led to the exploration of greener consensus mechanisms.3. Regulation: Governments and regulatory bodies are developing legal frameworks to govern blockchain, addressing concerns such as taxation and legality. The Future of Blockchain: The potential of blockchain technology is limitless. It is not only a disruptive force in finance and cryptocurrencies; It is a transformative technology that has applications in various sectors. As innovation continues, we can expect to see blockchain play an increasingly significant role in our lives, revolutionizing the way we transact, communicate and trust in a digitally interconnected world.In conclusion, blockchain technology is a digital wonder that offers a secure and transparent way to carry out transactions and manage data. Its impact on industries and society is profound, and as it continues to evolve, it promises a future where trust and efficiency are paramount in our interconnected world. #opbnb #Layer2 #crypto2023 #BTC

According to Lookonchain monitoring, a smart investor bought 213.78 US dollars worth of BTC (14.48 million US dollars) again 9 hours ago. In the past 4 days, he has purchased 677 US dollars worth of BTC (45.6 million US dollars).
#opbnb

Bitcoin-listed index funds are losing the most money in four months as the price of bitcoin continues to fall and looks set to fall further on concerns about an economic slowdown.

LayerZero Labs said on the X platform that the first half of 2024 is coming to an end, which means that the timeline of TGE is getting closer. Please note that all applications should ensure that the contract information is registered on LayerZero Scan, and it is expected to see continuous updates in the coming months. #opbnb

According to DefiLlama data, the total market value of stablecoins has increased by 0.72% in the past week, now reaching $161.691 billion. In addition, USDe has seen a market value growth of 11.43% in the past week, now reaching $3.343 billion, making it the fourth largest market value stablecoin.
#opbnb