BNB Updates

There are always lots of updates in the BNB Chain ecosystem. Accordingly, Altcoin Buzz covers some of the updates from the fourth week in July to keep readers informed.

In this article, we cover BNB Chain plans to launch Music Mania. As well as, Celer Network supporting Token Pocket.

1 – BNB Chain is Now Available on Reddit

Recently BNB Chain announced it is now available on Reddit. Members of the BNB community are encouraged to check out the new subreddit. Go and share your views on any aspect of Web3.

Notably, users will be able to enjoy insightful discussions, access latest information, etc.

2 – BNB Chain Roll Out Music Mania

Next, BNB Chain is collaborating with decentralized web3 music NFTs platform, Melos Studios to roll out Music Mania.

This is a campaign that involves 4,000 music NFTs, as well as, $50,000 BUSD prize pool. It also has a well-constructed set of activities to usher participants into a new phase of music. In addition, participants will be able to learn about, create, and own their own music NFTs.

Furthermore, the evaluation of participants will be according to:

  • The originality and level of creativity of the video and song as decided by some top music executives and producers.
  • The total likes on TikTok and YouTube the videos attract.

3 – Celer Network Now Supports Token Pocket

Celer Network also now supports crypto and DeFi wallet, Token Pocket for cBridge on its desktop browser. Now when users connect their Token Pocket wallet on cBridge they will be able to enjoy secure, low-cost, and fast cross-chain bridging.

It’s also important to note that Celer Network is a blockchain interoperability system that enables top user experiences involving DeFi. Celer also works with several tokens, governance, NFTs and much more across several chains.

4 – Ankr Staking Launch Bug Bounty Program

Finally, secure and easy to integrate staking infrastructure provider, Ankr has launched a bug bounty program with BNB Chain. Participants will receive rewards for finding bugs on applications and smart contracts.

Notably, the rewards will be according to the level of vulnerability as decided by the Immunefi Vulnerability Severity Classification System V2.2. The system has five-level scale, with separate scales for smart contracts, blockchains/DLTs, and apps/websites.

$BNB Price Analysis

As of the time of publication, BNB price was $264.21 with a 24-hour trading volume of $620,703,758. Notably, BNB price rose by 3.2% over the last 24 hours. It also has a circulating supply of 160 Million BNB coins and a total supply of 163 Million.

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