Here's the latest news about Binance Coin (BNB):
*Current Price and Market Status*
- BNB's current price is $842.87, with a 3.16% increase in the last 24 hours
- Market cap: $113.08 billion
- Open price: $817.06
- High price: $858.89
- Low price: $815.85
*Recent Developments*
- Binance has become one of Mantra's validators, enhancing network security and trust
- Binance has partnered with Spanish bank BBVA to provide crypto custody services, allowing customers to store digital assets securely
- The platform has introduced near-instant Mastercard crypto withdrawals in Europe, bridging digital assets and real-world spending
- Binance has also launched RWUSD, a product backed by tokenized US Treasuries and other real-world assets
*Binance Coin's Performance*
- BNB has outperformed other top cryptocurrencies, trading less than 10% below its all-time high
- Tokens on the Binance ecosystem, such as CAKE, have posted significant gains, with some increasing by over 60% in the last 24 hours
¹ ² ³
*Other Notable News*
- CEA Industries is leading a $500 million private placement to build a BNB treasury company
- Binance has adjusted the collateral ratio for several assets under its portfolio margin, including VIRTUAL, BERA, and others
- The SEC's lawsuit against Binance has sparked interest in the potential impact on BNB and the broader cryptocurrency market ²
