Latest news with #BNBHack
Yahoo
30-07-2025
- Business
- Yahoo
BNB Chain News: Sector Stalls as Altcoin Euphoria Fades
TL;DR: The BNB Chain sector fell 2.5% week‑on‑week despite $BNB briefly hitting an ATH. Major BEP‑20 tokens lost up to 46.7%; small‑mid caps gained relative strength. On‑chain metrics dropped; TRON overtook BNB in daily active addresses. With the CMC Altcoin Season Index stalling and traders eyeing the upcoming FOMC meeting, BNB Chain's momentum cooled, shedding 2.5% this week. >> Here's how the BNB Chain ecosystem has evolved since our last update. BNB Chain Sector Recap The BNB Chain ecosystem failed to continue last week's dramatic growth, recording a 2.5% decline week-on-week. Source: BNB Token Page During the last week, the sector briefly hit an all-time high market capitalization (mcap) while BNB (BNB) hit new highs of almost $860. The sector reverted much of its recent gains alongside weakness in the broader crypto market. The great majority of BEP-20 assets are in the red this week, with some of the worst performers losing upwards of 20% apiece. These include: Treehouse (TREE): -46.7% (airdrop-related sell-off) Spark (SPX): -34.3% (spiking spot outflows) Cookie DAO (COOKIE): -26.7% FLOKI (FLOKI): -26.1% WOO (WOO): -21.6% ($14 million security breach on WOO X) That said, increased strength was seen among small-mid cap BNB Chain projects, with this week's top 10 best performers all sitting in the $50M-$250M mcap range. This week's best performers and their catalysts (if known) include: Rekt ( (REKT): +39.6% (new ATH following Binance US partnership) Zircuit (ZRC): +29.5% (AI product launch) Subsquid (SQD): +20.1% (unknown catalyst) Hyperlane (HYPER): +19.5% (following the launch of Warp Routes 2.0) Tagger (TAG): +14% (BNB Foundation buy-in) BNB Chain also saw a decline in several key on-chain metrics this week, including DEX trading volume, daily active addresses (DAAs), daily transactions, and total value locked (TVL). Source: Artemis It was leapfrogged by TRON to become the third-most active chain by DAAs and temporarily lost its ranking as the most popular chain for on-chain trading following an uptick in Solana-based meme trading activity. BNB Chain News Roundup This week, a wave of treasury developments helped push the sector to an ATH while grassroots innovators helped to bolster its ecosystem. BNB Chain Expands Incentive Program With TAG Token Purchase: As part of its $100 million developer incentive program, BNB Chain acquired over 40 million TAG tokens from TaggerAI, building on earlier acquisitions like FAIR3 and BGSC to further support ecosystem growth. CEA Industries Plans To Launch Public BNB Treasury: Canadian vape company CEA announced an intention to raise up to $1.25 billion via PIPE to create the world's largest publicly traded BNB treasury. Shares surged 833%, highlighting retail investor excitement around BNB exposure. BNB Hack Announces July 21 Winners: In its most recent batch, BNB Hack recognized winners Basement, DeFi Copilot and BIBIM, honoring projects across AI, DeSoc and DeFi, each earning $3K plus a $50K Kickstart package. Nano Labs Boosts BNB Holdings to 128K Tokens: Nano Labs announced it now holds 128,000 BNB tokens ($108 million), following a recent OTC purchase of 8,000 tokens at $801 each—advancing its plan to build a billion‑dollar BNB reserve. >> That's a wrap. Join us next week for more insights on the BNB Chain ecosystem. 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
Business Insider
21-07-2025
- Business
- Business Insider
BNB Chain Recognizes July 21 BNB Hack Winners as Basement, DeFi Copilot, and BIBIM
Dubai, UAE, July 21st, 2025, Chainwire 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.
Business Insider
04-07-2025
- Business
- Business Insider
BNB Chain Welcomes New Sponsors UpTop and Bitring to Support AI, DeFi, DeSoc, DeSci, and DePIN Innovation Through BNB Hack
BNB Chain is pleased to announce the addition of two new sponsors, UpTop and Bitring, to BNB Hack: AI, DeSoc, DeSci, and DePIN. Their support will introduce new bounty challenges and further empower builders to develop real-world applications on the BNB Chain ecosystem. UpTop: Building the Future of DeFi Liquidity UpTop is a BNB Chain-native liquidity protocol making DeFi simpler and more accessible. With single-sided BNB provision and impermanent loss protection, UpTop helps users earn yield without complexity. 'BNB Chain is where builders turn ideas into actual products — that's exactly what we believe at UpTop,' said the UpTop team. 'The future of DeFi lies in usable, composable infrastructure. We're proud to support builders helping shape the next evolution of liquidity.' UpTop Bounty: $8,000 in prizes for innovations that improve liquidity pools — such as social trading features, smart contract extensions, etc. More details can be found here. Bitring: Merging AI, Health, and Blockchain Bitring is a next-generation health-tech platform built around a gold smart ring embedded with AI and biosensors. Unlike traditional wearables, Bitring gives users full control of their encrypted biometric data and rewards healthy living through on-chain incentives. 'BNB Hack is leading the charge in decentralized innovation, and Bitring is proud to contribute,' said the Bitring team. 'We're not just a ring — we're insurance you can wear.' Bitring Bounty: Win from a pool of 10 Bitring Genesis Rings ($1,199 each) by building an AI that identifies food from images/text and suggests healthier alternatives. More details can be found here. Since its launch, BNB Hack has attracted hundreds of submissions worldwide, with several projects already achieving traction, users, and ecosystem partnerships. Notable projects include: BINK AI: A DeFAI OS enabling developers to build AI-driven DeFi apps with cross-chain capabilities, achieved 17,000+ installs. Tokrio: A Web3 AI-driven trading platform using agents to automate personalized DeFi strategies, with newly integrating AI Agents and InfoFi modules. Stitch AI: A decentralized hub for LLM-ready memory and knowledge syncing, presented at BNB Chain Demo Day in Dubai. PlayAI: An orchestration layer for AI agents and DeFi automation, with 25,000+ signups, launched the first-ever BNB yield-focused automation layer. MCPForge: A marketplace turning GitHub-based MCP repos into callable AI services in seconds. 37 Honourable Mentions still have the chance to be BNB Hack winners and win rewards with ongoing mentorship and ecosystem support! A Growing Community of Sponsors and Builders UpTop and Bitring join a growing roster of BNB Hack sponsors, including APRO, Solidus AI Tech, ASI Alliance, Netmind, USDX, and Unibase. Their collective support continues to expand the opportunity for builders to experiment, innovate, and ship meaningful tools on the BNB Chain. Apply here. BNB Hack remains open for submissions. Developers interested in building across AI, DeSoc, DeSci & DePIN, and other sectors are encouraged to apply and compete for recognition, funding, and integration opportunities. For more information and to join BNB Hack: About BNB Chain BNB Chain is a community-driven blockchain ecosystem that is removing barriers to Web3 adoption. It is composed of: BNB Smart Chain (BSC): A secure DeFi hub with the lowest gas fees of any EVM-compatible L1; serves as the ecosystem's governance chain. opBNB: A scalability L2 that delivers some of the lowest gas fees of any L2 and rapid processing speeds. BNB Greenfield: Meets decentralized storage needs for the ecosystem and lets users establish their own data marketplaces. Setting a high bar for security, the AvengerDAO community protects BNB Chain users while Red Alarm provides a real-time risk-scanner for Dapps. The ecosystem also offers a range of monetary and ecosystem rewards as part of its Builder Support Program. Tooling, such as the AI Solution, is also available for developers to explore.
Business Insider
12-06-2025
- Business
- Business Insider
BNB Chain Announces Latest BNB Hack Winner
Dubai, UAE, June 12th, 2025, Chainwire BNB Chain, the community-driven blockchain ecosystem, today announced the winners of its latest BNB Hack batch, continuing to recognize innovation across AI, DeSoc, DeSci, DePIN, and other Web3 categories. The June 12 batch includes one standout project, MCPForge, selected as a Tier 3 winner, reflecting strong traction, technical development, and potential for monetization. Since launching in February, BNB Hack has drawn hundreds of submissions from global builders eager to push the boundaries of blockchain applications. With a flexible, rolling evaluation process, the program offers tiered rewards, continuous feedback, and long-term ecosystem support. To date, 5 Tier 3 winners and 35 potential awardees have been selected, with several projects already live on mainnet and under review for further advancement. The newly elevated Tier 3 project brings powerful infrastructure innovation to the space. MCPForge is a crypto-native AI Agent tool marketplace that transforms GitHub-based MCP Repos into deployable, callable, and monetizable AI services, streamlining the path from open-source code to real-world income. MCPForge will receive expanded rewards and mentorship, along with a dedicated demo opportunity on BNB Chain's official channels. The latest batch drew over 30 submissions, and four additional early-stage projects have been awarded Tier 4 status. These potential awardees are now undergoing continuous evaluation as they build toward mainnet deployment and possible tier advancement. Among the newly recognized Tier 4 projects are: Quest Craft: A Play-to-Earn Minecraft server where players link crypto wallets, complete AI-generated quests, and earn soulbound tokens with in-game and real-world utility. Akai Space: A gamified data-labeling platform blending Web3 incentives, AI-assisted annotation, and Play-to-Earn design to produce high-quality datasets for AI development. Expiry Mitra: An AI-powered, decentralized tool that verifies the authenticity of medicine, helping users and pharmacies fight counterfeit drugs. NeuroBalance: An AI-driven crypto portfolio manager on BNB Smart Chain that uses machine learning to automatically rebalance assets based on customizable strategies. These Tier 4 projects will benefit from technical guidance, visibility across BNB Chain channels, and access to the broader builder ecosystem. BNB Hack has continued to accelerate ecosystem momentum, with several past winners and awardees reaching significant milestones. Highlights can be found here. The hackathon is open to all Web3 builders, from solo developers to startups, with no fixed deadline. Any project launched on testnet or mainnet after February 12, 2025, is eligible. Participants can submit their builds, receive feedback, iterate, and resubmit for review and tier consideration. Top projects can unlock rewards of up to $10,000 in cash and a $50,000 Kickstart package, along with opportunities for inclusion in the Most Valuable Builder (MVB) program and BNB Demo Day. To further encourage participation, over $540,000 in sponsored challenge prizes have been introduced. In addition, developers can now submit code examples through the Cookbook Bounty and win a share of a $10,000 prize pool, while boosting their project visibility. Applications for the next batch are open until June 18. Interested builders can apply here. About BNB Chain BNB Chain is a community-driven blockchain ecosystem that is removing barriers to Web3 adoption. It is composed of: BNB Smart Chain (BSC): A secure DeFi hub with the lowest gas fees of any EVM-compatible L1; serves as the ecosystem's governance chain. opBNB: A scalability L2 that delivers some of the lowest gas fees of any L2 and rapid processing speeds. BNB Greenfield: Meets decentralized storage needs for the ecosystem and lets users establish their own data marketplaces. Setting a high bar for security, the AvengerDAO community protects BNB Chain users while Red Alarm provides a real-time risk-scanner for Dapps. The ecosystem also offers a range of monetary and ecosystem rewards as part of its Builder Support Program. Tooling, such as the AI Solution, is also available for developers to explore. BNB Chain
