
BNB Chain Recognizes July 21 BNB Hack Winners as Basement, DeFi Copilot, and BIBIM
BNB Chain, the community-driven blockchain ecosystem, today announced the winners of its July 21 batch of the BNB Hack, which continues to support innovation across AI, DeSoc, DeSci, DePIN, and the broader Web3 space.
After a rigorous evaluation of over 30 submissions from this batch(23 June-17 July), 3 projects: Basement (DeSoc track), DeFi Copilot (AI track) and Bibim (AI track) were selected as winners, and 2 projects Peridot (AI track), and Agent Einstein (AI track) were selected as Honourable Mentions.
The three winners secured $3,000 USDT rewards, $50,000 Kickstart Package and Demo Opportunity.
Basement is a social layer for the web that lets users chat, react, and earn directly on any webpage with AI agents surfacing key discussions and rewards for contributors.
DeFi Copilot is an AI-powered DeFi assistant for streamlined trading on PancakeSwap, featuring real-time analysis, one-click execution, and automated management on the BNB Chain.
BIBIM simplifies DeFi strategy creation with AI, allowing users to build, test, and monetize crypto trading strategies through an intuitive, visual interface.
Since its launch, BNB Hack has received more than 200 submissions from builders worldwide. Through its flexible, bi-weekly evaluation system, the program has recognized a total of 9 winners and 40 Honourable Mentions(potential awardees). Projects benefit from rewards, continuous feedback, and ecosystem support that helps accelerate their path to real-world deployment.
Two additional projects for this batch demonstrated potential and were selected for Honourable Mentions. They will continue to receive technical support, visibility, and evaluation for future tier advancement:
Peridot is a cross-chain DeFi platform on BNB, enabling lending, borrowing, and AI-driven strategies with a sleek UI accessible even via Telegram.
Einstein is a web3 AI agent that delivers trading alpha by scanning DEX activity using Bitquery data.
BNB Hack has become a dynamic launchpad for blockchain innovation. Past awardees continue to deliver results with growing traction, product upgrades, and ecosystem impact. Highlights include:
WORLD3 hit 90.2K agents, 1.05M tasks, and 162K tweets with major upgrades to its AI Portal and automation tools.
Aster AI ranked #17 in AI on BNB Chain with 28.3K users and 30.15K transactions in the past 30 days.
PlayAI Network integrated AsterDEX for 100x leveraged trading, launched NFT airdrop campaigns, and listed on Binance Wallet and dAppBay.
BNBOT launched XID and XMoney on BSC, with internal testing for X Agent v0.2 with autonomous capabilities is underway.
BNB Hack is open to builders at any stage, from solo developers to early startups. Successful projects unlock rewards of up to $10,000 in cash and a $50,000 Kickstart package, also sponsored challenges prizes over $540,000, and may be considered for MVB, the BNB Demo Day, and official demo opportunities.
Projects must have launched on testnet or mainnet after February 12, 2025. Interested builders can apply here.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
4 hours ago
- Yahoo
The Node: JPM's BTC Lending Play
The Financial Times reports that JPMorgan, the world's biggest bank, is looking into issuing crypto-backed loans, meaning that its clients may soon be able to pledge bitcoin, ether, or some other token to borrow dollars. The news is notable for a couple of reasons. Crypto folks love pointing out that Jamie Dimon, the bank's chief executive, famously said in 2017 that he'd fire any employee caught trading bitcoin for being 'stupid,' so JPMorgan considering the issuance of such a product (and getting involved with stablecoins) is seen as vindication by some in the industry. More interesting is what JPMorgan's move could end up meaning for crypto lending. The Bank of Dimon isn't the first TradFi firm to look into crypto-backed loans (Cantor Fitzgerald announced a similar program last July) but it's certainly the largest. At the end of 2024, the crypto lending market stood at $36.5 billion, down 43% from its $64.4 billion peak at the height of the 2021 bull run. The lending sector was dominated by Tether, followed by Galaxy Digital and Ledn. Together, the three firms accounted for 90% of $11.2 billion outstanding loans (excluding DeFi, which saw $19.1 billion in borrowings across 20 applications and 12 blockchains). I'm sure these numbers need updating, considering how many crypto native firms have announced their entry into the market since then — Coinbase, Strike, Xapo Bank, Lava, Onramp and Arch, and even real-estate focused Propy, to name a few. The growth of the sector is great for consumers because it will force interest rates on crypto-backed loans to drop significantly, Mauricio Di Bartolomeo, co-founder of bitcoin lender Ledn, told CoinDesk in an interview back in April. 'It's a seller's market right now,' he said. 'We are lending out dollars fully collateralized at north of 12.5%, with zero losses over seven years. Banks are going to look at this and say 'Wow, this is a great rate of return.' One bank will come in with 12% interest. Another will do 10%. Another says 9%. So this is going to compress, and compress.' Down the line, such loans could become competitive with home equity or personal lines of credit, Di Bartolomeo said. Even better, rates wouldn't simply drop in Western countries with efficient banking systems, but all over the globe. 'Gold in a vault in Switzerland is not gold in a vault in Venezuela, but bitcoin in Colombia is bitcoin in Madrid is bitcoin anywhere in the world. As an underwriter, I have uniform collateral,' Di Bartolomeo said. JPMorgan's foray into the sector takes us one step closer towards fulfilling that vision. Sign in to access your portfolio
Yahoo
4 hours ago
- Yahoo
Crypto Prediction Market Polymarket Weighs Launching Its Own Stablecoin: Source
Polymarket, the cryptocurrency-powered prediction market that recently attained a billion dollar valuation, is deciding whether to introduce its own customized stablecoin, or accept a revenue sharing deal with Circle based on the amount of USDC held on the platform, according to a person familiar with the plans. Polymarket's motivation to create its own stablecoin is simply to own the yield-generating reserves that back the large amount of Circle's USDC dollar-pegged token used to make bets on the popular betting platform, the person said. A Polymarket representative said no decision has yet been made on the stablecoin question. Legislation around stablecoins passed in the U.S. last week makes issuing a stablecoin all the more attractive a business proposition for both crypto native firms and more traditional finance players alike who may be eyeing the success of stablecoin-issuing giants Tether and Circle. That said, launching a stablecoin is a complex lift for many firms, and USDC issuer Circle is known to be cutting revenue sharing deals with exchanges, payment firms and other fintechs in order to stay competitive in the rapidly evolving space. For Polymarket, issuing its own stablecoin is a much easier lift from a regulatory standpoint, according to the source. "Polymarket is locking a lot of stablecoin value in their betting pools and so they want some kind of mechanism to get the yield,' the person said. 'In the case of Polymarket, it's a closed ecosystem and all they really need to do is to be able to exchange USDC or USDT into whatever their custom stablecoin is. They don't have to worry about the last mile on ramp and off ramp. That's a very simple thing to build, and easy to secure and control.' Spokespeople for Circle did not immediately return a request for comment. The amount of USDC on Polymarket fluctuates with betting activity on the platform, but some $8 billion of bets were placed during last year's U.S. election cycle, and the website attracted some 15.9 million visits in May, according to SimilarWeb. The company is looking to formally reenter the U.S. with the acquisition of U.S.-based QCEX, following the closure of civil and criminal investigations into its allowing U.S.-based customers to place bets on its platform. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
4 hours ago
- Yahoo
Internet Computer Slides Amid Broader Altcoin Pullback
Internet Computer (ICP) dropped 4.85% to $5.9149 on Tuesday, posting a low of $5.81 after peaking at $6.25 the previous day. Despite bullish headlines - a new partnership between Internet Computer developers DFINITY Foundation and indexing firm Maestro - the token succumbed to broad market rotation out of altcoins, including AI- and DeFi-linked assets. Read more: Solana Defies Market Drop, Touches $200 as Altcoins Retreat: Crypto Daybook Americas Maestro's infrastructure, funded by DFINITY, aims to build a Bitcoin metaprotocol index on the Internet Computer, enabling institutional-grade access to Ordinals and Runes, two of the most prominent primitives in the Bitcoin DeFi ecosystem. However, technical action reflected a more pessimistic short-term outlook. After opening at $6.2230, ICP steadily declined, breaking below $6.00 around 01:00 UTC and accelerating losses toward $5.83 support. Volume swelled above 1.3 million tokens during this segment, signaling large selling pressure, according to CoinDesk's technical analysis data model. ICP fell 2% from $5.97 to $5.87 during the U.S. morning, with concentrated sell pressure visible as the price pierced multiple support zones. Despite a brief rebound attempt near $6.02, the token failed to reclaim bullish footing, suggesting short-term momentum remains with the bears unless the $6.00 resistance is convincingly reclaimed, the data showed. Technical Analysis Highlights Price Range: $5.8105–$6.2488, representing 7.3% intraday spread. Volume: 1.94 million tokens traded; highest during breakdown below $5.90. Resistance: Strong rejection at $6.00–$6.02 range with no sustained breakout. Support: Critical base formed at $5.83–$5.87 amid heavy buying interest. From 13:09 to 14:08 UTC, ICP fell 2%, driven by sharp volume spikes exceeding 50K tokens/minute. Volatility: Full-day spread of $0.4383 reflects heightened intraday instability. Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.