Latest news with #BSC
Daily Express
25-05-2025
- Sport
- Daily Express
Aizen emerge champions
Published on: Sunday, May 25, 2025 Published on: Sun, May 25, 2025 By: Clarence Dol Text Size: Hillary (standing sixth from the left) with the winners. RANAU: Aizen emerged champions of the Ranau Open Slingshot Competition organised by the Bahab Slingshot Club (BSC) after collecting 29 points and beating 49 other participants here recently. In second place were Kumpit GSC with 28 points, followed by Azdie Debra with 27 points after winning the sudden death round with five other participants. Fourth to eighth places went to Perantau Desa (fourth), Alpian Sahadi (fifth), Wairin GSC (sixth), Kiong KGS (seventh) and Aidee TST (eighth). Participants who got 26 points were shared by Muliadi Padu, Faizul MGS, Ajan SSC, Samli Libra, Idin GSTC and Well LST. Meanwhile, participants who got 25 points were shared by Mirul SSC, Ajirie SSC, Sam Tai Wong, Pak Nim, Mass Apid and Sofea MPR. Collectors of 24 marks were shared by nine participants, 23 marks by 11 participants, 22 marks by 10 participants and 21 marks by five participants. Advertisement The Ranau Open Slingshot Competition held at the Kg Bahab Hall was officiated by Assistant Minister to the Chief Minister cum Paginatan Assemblyman Datuk Abidin Madingkir. His speech was read by the Head of Paginatan Wiramuda Star, Hillary Salmoen who represented Abidin. Abidin congratulated the organisers and participants. 'Seeing the encouraging response this time shows that the organisers have achieved their goal and are very successful.' He added that organising the competition could strengthen the relationship between the participants, leaders and the surrounding community. 'The encouraging participation in the event shows the youth here always practise a healthy lifestyle. It also indirectly allows participants to show their talents. 'A competition like this can also unearth talents that can be showcased at a higher level. 'The event can even prevent the youth from falling into unwanted activities, namely social ills,' he said. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Time Business News
22-05-2025
- Business
- Time Business News
BNB BRO PRESS RELEASE
BNB BRO, a next-generation DeFi investment platform, is rapidly gaining international attention with its secure, user-centric ecosystem and growing investor base across the globe. As decentralized finance reshapes the financial landscape, BNB BRO is emerging as a trusted gateway for investors seeking passive income through Binance Smart Chain technologies. BNB BRO Attracts Global Investors Amid Rapid Growth in the Decentralized Finance (DeFi) Ecosystem May 20, 2025 [Global] — In an era where decentralized finance (DeFi) is no longer a concept of the future but a present-day financial revolution, BNB BRO is rising as one of the most promising DeFi platforms, attracting investors from across the world. Designed to simplify blockchain-based passive income, BNB BRO is building a secure and transparent digital ecosystem with a rapidly growing international community. With a mission to democratize access to digital wealth, BNB BRO is rooted in the Binance Smart Chain (BSC), one of the most efficient and cost-effective blockchain networks today. Leveraging BSC's speed and scalability, the platform enables users to generate consistent returns through automated smart contract systems. Now, with an expanding investor base and a suite of forward-looking features, BNB BRO is gearing up to become a leader in the global DeFi space. At the heart of BNB BRO's success is its commitment to transparency, decentralization, and community-driven development. The platform is powered by a publicly verified smart contract — an open-source program on the blockchain that automates investment processes without human intervention. This approach removes intermediaries, thereby enhancing trust and significantly reducing risks typically associated with traditional finance. Unlike many DeFi platforms that face challenges around accountability, BNB BRO has positioned itself as a trustworthy alternative by providing users with a clear understanding of how funds are utilized and how returns are generated. The smart contract is immutable, audited, and available for public scrutiny, ensuring that investors remain in full control of their assets at all times. BNB BRO's international growth is a direct result of both its robust technological infrastructure and its accessible user interface. In the past quarter alone, the platform has recorded a significant uptick in new users from regions such as Southeast Asia, Eastern Europe, South America, and the Middle East. This surge is driven by growing awareness of passive income opportunities in crypto and the desire for reliable financial alternatives in volatile markets. The platform's multilingual support, combined with its low transaction fees on the Binance Smart Chain, makes it particularly appealing to both experienced crypto investors and newcomers seeking simplicity and efficiency. Moreover, BNB BRO's responsive support and education-driven content strategy have played a key role in onboarding users with varying levels of crypto literacy. In alignment with its global vision, BNB BRO is actively investing in strategic marketing campaigns, influencer partnerships, and community engagement initiatives. Through webinars, AMA sessions, and affiliate programs, the platform has fostered a strong community that not only uses the platform but also contributes to its evolution. Marketing efforts have focused on educating potential investors about DeFi fundamentals, risk management, and yield strategies. The platform regularly features expert-led sessions and market insights that empower users to make informed decisions in a rapidly changing digital economy. To further accelerate its global reach, BNB BRO has launched targeted advertising campaigns on major crypto news portals, YouTube channels, and Telegram communities, increasing visibility and credibility across decentralized finance networks. In the decentralized space, security is paramount, and BNB BRO has gone the extra mile to ensure that its systems are as secure as they are user-friendly. The platform has passed multiple independent smart contract audits, ensuring that there are no backdoors or vulnerabilities that could compromise user funds. Additionally, BNB BRO has implemented advanced anti-bot and anti-whale mechanisms to create a level playing field for all investors. These protective measures safeguard against manipulation, ensuring the platform remains sustainable and fair for both small and large participants. With security protocols modeled on industry best practices, BNB BRO exemplifies how DeFi platforms can responsibly scale without compromising on user safety. What sets BNB BRO apart is its foundational belief in financial empowerment. In many parts of the world, access to traditional banking remains limited or exclusionary. BNB BRO offers a viable alternative — a global investment solution where anyone with a smartphone and internet connection can participate in wealth-building opportunities. By using BNB (Binance Coin) — one of the most stable and widely adopted tokens — BNB BRO ensures that users engage with a dependable asset while earning daily returns based on their stake. This approach not only simplifies the investment process but also helps hedge against volatility, providing peace of mind in an otherwise unpredictable market. In a crowded and often chaotic crypto landscape, BNB BRO stands out as a beacon of reliability, transparency, and financial inclusion. By combining cutting-edge technology with a user-first philosophy, the platform is redefining what it means to invest in the digital age. With a growing user base, secure infrastructure, and an unwavering focus on community empowerment, BNB BRO is not just riding the wave of DeFi — it's shaping its direction. As more investors around the globe discover the platform's potential, BNB BRO is well on its way to becoming a cornerstone of the decentralized financial future. Contact: BNB BRO Communications Team📧 Email: support@ 🌐 Website: Social Media Contact: 📣Facebook – 📸Instagram – ▶️ YouTube – 🐦Twitter – BNB BRO encourages responsible investing. All investments carry risk, and users are advised to conduct their research before participating in DeFi platforms. TIME BUSINESS NEWS
Business Mayor
21-05-2025
- Business
- Business Mayor
The 6 Largest Crypto Exchange Hacks (That Lived to Trade Again)
If you still think crypto exchanges are impenetrable fortresses where your coins sleep safely in cold vaults under layers of ISO certifications and partner-signed audits — time to wake up. **Proof of Reserves?**Anyone can fake a spreadsheet — especially when the 'audit' is done by a partner company that gets paid by the exchange itself. **Licenses and certificates?**They don't stop a spilled-coffee sysadmin or an unpatched hot wallet. Or Lazarus, who's probably already inside the building. Even the biggest CEXes, pushing billions in daily volume, have been taken down — not by theoretical bugs, but by real exploits. This is a breakdown of 6 major crypto exchanges that didn't just get hacked — they got drained. Hundreds of millions gone. And yet… they survived. Some even got stronger. Because in crypto, like in horror movies: If it didn't kill you — it made you meaner. Bitfinex (2016): $65M then, $4.5B now What happened: Hackers exploited a flaw in the BitGo multi-sig wallet integration and stole 120,000 BTC. Hackers exploited a flaw in the BitGo multi-sig wallet integration and stole 120,000 BTC. How they survived: 6 years later, the FBI recovered 94,000 BTC. Why? The hackers saved their seed phrases in the cloud. Yes. Really. 6 years later, the FBI recovered 94,000 BTC. Why? The hackers saved their seed phrases in the cloud. Yes. Really. Lesson: Even top exchanges can mess up architecture. And hackers? Sometimes they're not elite cyber-ninjas — just clumsy amateurs with Google Drive. Binance (2022): $570M and a bridge to nowhere The heist: An attacker forged proofs and minted 2 million BNB via a bug in Binance Bridge. An attacker forged proofs and minted 2 million BNB via a bug in Binance Bridge. What they saved: $100M frozen fast. The rest vanished across chains. $100M frozen fast. The rest vanished across chains. The fix: Binance paused the entire BSC network. Drastic, but effective. Binance paused the entire BSC network. Drastic, but effective. Moral: Even the biggest players can't save a bad bridge. Especially when you are the bridge. Read More How Matter Labs' ZK Stack Helps Celo's Layer 2 Migration Bybit (2025): $1.5B — a record no one brags about The breach: Cold wallets compromised. Vault-grade security, front-desk level key storage. Cold wallets compromised. Vault-grade security, front-desk level key storage. Who did it: Likely Lazarus Group. Again. Likely Lazarus Group. Again. Recovered: ~$43M via bug bounties, FBI, and German law enforcement. ~$43M via bug bounties, FBI, and German law enforcement. Takeaway: 'Cold' doesn't mean invincible. Especially if the keys aren't that cold to begin with. Exploit: Hackers bypassed two-factor authentication. Hackers bypassed two-factor authentication. Initial response: 'Nothing was stolen.' Days later: 'Okay, $33.7M was stolen.' 'Nothing was stolen.' Days later: 'Okay, $33.7M was stolen.' Fix: Complete rebuild of 2FA. Complete rebuild of 2FA. Lesson: If you're a centralized service — you are a target. Period. KuCoin (2020): $280M and a lesson in recovery What happened: Classic hot wallet compromise. Classic hot wallet compromise. Recovery: $204M recovered via token freezes, community help, and enforcement. $204M recovered via token freezes, community help, and enforcement. Impressive: One of the few exchanges to get most of it back. One of the few exchanges to get most of it back. MVP: Speed and strong alliances. BingX (2024): $52M and a classic script The exploit: Hot wallets compromised across chains. One key for all. Hot wallets compromised across chains. One key for all. Culprit: Probably Lazarus again. Probably Lazarus again. Response: Promised full reimbursement. Still pending. Promised full reimbursement. Still pending. Note: It's always the hot wallets. Always. (2023): Panic without a hack Fact: No hack occurred. No hack occurred. But: Twitter rumors sparked a bank run. GT token dipped. Twitter rumors sparked a bank run. GT token dipped. Their move: Released proof-of-reserves showing $10B+ in assets. Released proof-of-reserves showing $10B+ in assets. Conclusion: Not all attacks are technical — some are just viral FUD. MEXC & WhiteBIT: The hunters, not the hunted According to CoinGlass rankings: MEXC: No major breaches. Actively freezes stolen funds. No major breaches. Actively freezes stolen funds. WhiteBIT: Helped recover $16M from hack. You don't have to be a victim to be a hero. Or at least a sidekick. What all these cases teach us: Hot wallets = hot mess Once funds are online, it's not 'if' — it's when. Read More Circle's IPO: A launchpad for mainstream stablecoin adoption? Too-centralized keys = disaster One private key to rule them all? Not DevOps — just dumb. Social engineering, Lazarus, and human error Hackers don't just crack code — they crack people. Slow reaction = bigger losses The longer you sleep, the less you get back. Everyone helps everyone (if you're not a scam) Exchanges, governments, analytics firms — they cooperate. Because one hack can shake trust in the entire ecosystem. So what makes an exchange actually 'secure'? I used to think the safest exchange is the one that nevergot I know — it's the one that got hit, but bounced back. The one that recovered funds. Or helped others do it. Those quiet, 'never-hacked' platforms? Maybe they've just never noticed. Cold storage is great — but not always practical. Diversify across 5–10 CEXes, not based on certifications, but on how they handled real fires. Look for real customers, real recovery stories, and transparency that isn't just cosmetic. The next attack is just a matter of when. So ask yourself: Will your exchange be ready?
Business Mayor
08-05-2025
- Business
- Business Mayor
Binance Coin's $749 target: Decoding odds of a 23% BNB rally
BNB's network growth hit its second-highest level in 2024, signaling stronger on-chain user engagement. The altcoin's chart structure hints at a breakout, possibly setting a new yearly high if momentum holds. Over the past 24 hours, bullish momentum appeared to build steadily. Binance Coin [BNB] rose 1.36%, inching its monthly return toward double digits. Using market data and on-chain activities, AMBCrypto identified a clear path to a potential rally for BNB. Network growth puts BNB in a good spot The spotlight fell on the BNB Smart Chain, where activity spiked sharply in recent days. In the past day, net worth utilization rose to an impressive 24%, a major climb that suggests continued use of BNB protocols. This marks the second-highest surge this year, following a 25% increase recorded in February. Source: BscScan AMBCrypto linked the growth in BNB utilization to the rise in active addresses on the BSC network. Since the 2nd of May, active BSC addresses have nearly doubled, climbing from 1.15 million to 2.056 million. This surge suggests steady adoption, reinforcing expectations that BNB utilization will remain high. Additionally, Unique Wallet Addresses, representing new users, have reached 552.26 million, with 978,384 added daily. While this reflects growing awareness, it doesn't confirm that these new addresses have completed transactions on the blockchain. However, they hold the potential to engage in transactions and acquire BNB for usage. A 23% upswing could be near On the daily chart, BNB has formed an inverted head-and-shoulders pattern. This pattern typically signals the start of a price rally once a breakout occurs. Source: TradingView From the coin's current price level, a rally could push it to approximately $749, marking a 23.03% gain. A move to $749 would represent the asset's highest price point this year. Read More Terra Luna Classic price hiked by The current adoption trend and market buildup could provide the momentum needed to drive the asset upward. Major obstacle present However, there's one catch. Spot traders seemed to be unloading their holdings. Over the past day, $8.42 million worth of BNB was transferred to exchanges and sold. Source: CoinGlass This activity likely reflects profit-taking.
Arabian Post
25-04-2025
- Business
- Arabian Post
TON to Discontinue Toncoin Bridge to Ethereum and BNB Smart Chain on May 10
The Open Network has announced that its Toncoin Bridge, facilitating transfers between the TON blockchain and Ethereum and BNB Smart Chain , will be permanently shut down on May 10, 2025. Post this date, users will no longer be able to bridge Toncoin from TON to these networks. However, assets already bridged will remain claimable. Bridging into TON will still be available temporarily, with a separate end date to be announced. The Toncoin Bridge has been a pivotal component in TON's cross-chain interoperability, enabling users to transfer assets between the TON blockchain and Ethereum and BSC. Its discontinuation marks a significant shift in TON's approach to cross-chain interactions. In anticipation of the bridge's shutdown, TON has been promoting alternative bridging solutions. These include platforms like Symbiosis, Layerswap, Rubic, and Retro Bridge, which offer support for a wide range of networks beyond Ethereum and BSC. These alternatives aim to provide users with continued access to cross-chain functionalities, albeit through different channels. The decision to discontinue the Toncoin Bridge comes amid broader strategic changes within the TON ecosystem. The TON Foundation recently appointed Maximilian Crown, co-founder of MoonPay, as its new CEO. This leadership change follows a $400 million investment from global venture capital firms, signaling a renewed focus on scaling blockchain adoption and integrating with Telegram's extensive user base. Market reactions to these developments have been measured. As of April 25, 2025, Toncoin is trading at approximately $3.25, with a market capitalization of around $8.15 billion. While this reflects a decline from its all-time high of $8.27 in 2024, the cryptocurrency has shown resilience amid the evolving landscape. Price Prediction 2025 – 2030 – 99Bitcoins) Arabian Post – Crypto News Network
