🚨 Balance Exploit Alert
🚨 Balance Exploit Alert
🚨 Balance exploit update
BNB Chain remains secure following a recent Balance exploit that has affected other blockchain projects.
Key Updates:
- No BNB Chain projects have been compromised
- Forked projects advised to pause operations as precaution
- Active monitoring by security teams ongoing
What happened: A Balance exploit occurred, prompting widespread security alerts across the DeFi ecosystem. While BNB Chain's core infrastructure stayed protected, the incident highlights ongoing risks for derivative projects.
Current status: Teams are maintaining vigilant oversight to ensure continued protection of user funds and protocol integrity.
Security Update: No BNB Chain projects have been affected by the recent Balance exploit. However, any forked projects should remain on high alert and consider pausing operations as a precaution. Our team and partners are actively monitoring the situation. Stay SAFU.
🚨 HashDit BREAKING Alert @Balancer has been compromised for >$100M worth of funds now. Several forked projects like @beets_fi and @berachain have also been targeted. Based on our scans, no notable BNBchain projects have been affected at the moment, but any forked projects
🏗️ BNB Chain Abu Dhabi Hackathon
**BNB Chain launches prep sessions for Abu Dhabi hackathon** Four live sessions scheduled Nov 24-27 to guide builders: - **Nov 24**: Hackathon kickoff covering tracks and judging - **Nov 25**: UAE luxury & tourism apps focus - **Nov 26**: Real estate & RWA tokenization deep dive - **Nov 27**: DeFi trading & liquidity innovation **Key details:** - Onsite hackathon: Dec 5-6 in Abu Dhabi - $160,000 in prizes plus follow-on funding opportunities - Eight tracks: trading, RWA, AI, DeSci, DeFi, payments, wallets, UAE regional [Register for onsite event](https://luma.com/ickh88vw) | [Build resources](https://www.bnbchain.org/en/blog/bnb-chain-yzi-labs-local-hack-abu-dhabi)
🚀 BNB Chain Hack Tour Moves to Abu Dhabi After Buenos Aires Success
**BNB Chain's Local Hack tour wrapped up successfully in Buenos Aires** with intensive building and shipping activities over the weekend. Key partners including @aspecta_ai, @dev3pack, @fruteroclub, and @mynoraai helped make the Buenos Aires event a standout experience for builders. **Next stop: Abu Dhabi on December 5-6** The hackathon series continues its global tour, offering builders opportunities to: - Ship real products - Connect with mentors and ecosystem partners - Access funding pathways - Gain ecosystem exposure Builders interested in joining the Abu Dhabi event can participate onsite for hands-on development and networking opportunities.
CoinMarketCap Launches CMC20 Index Token on BNB Chain
**CoinMarketCap has launched CMC20**, a new tradable index token on BNB Chain that provides exposure to the top 20 cryptocurrency assets in a single ticker. Built in partnership with Reserve Protocol, **CMC20 is now available for trading on PancakeSwap**. The token functions as an on-chain index, allowing investors to gain diversified exposure to major crypto assets without purchasing each individually. Key features: - **Single token exposure** to top 20 crypto assets - **Live trading** on PancakeSwap - **Full BNB Chain ecosystem support** - Built by CoinMarketCap and Reserve Protocol This launch represents CoinMarketCap's expansion beyond data services into **tradable financial products**, offering users a simplified way to invest in a basket of leading cryptocurrencies through one token.
BNB Chain Claims Leadership in Real-World Asset Tokenization Race
**BNB Chain positions itself as the leader** in real-world asset (RWA) tokenization, claiming to have the most complete RWA ecosystem among blockchain networks. The announcement comes as **billions of dollars in real-world assets** have already been moved onchain across various platforms. BNB Chain is highlighting its comprehensive infrastructure and ecosystem for tokenized assets. **Key developments:** - BNB Chain releases landscape overview of RWAs on their network - Platform emphasizes its complete ecosystem approach - Builds on previous Singapore conference discussions about RWA-DeFi integration The move reflects the **growing competition** among blockchain networks to capture the expanding tokenized asset market, which has seen significant growth with over $18 billion in RWA value tokenized onchain (excluding stablecoins) as of earlier reports. BNB Chain's claim comes as the RWA sector continues attracting institutional and retail interest for bringing traditional assets like real estate, commodities, and securities onto blockchain networks.
Gas-Free Stablecoin Transfers Now Available on imToken
imToken wallet has launched gas-free transfers for major stablecoins: - Zero gas fees for $FDUSD, $USDC, and $USDT transfers - Available for both withdrawals and transfers - Follows similar initiative from MathWallet This development marks an expansion of gas-free stablecoin transfers across major wallet providers, making transactions more cost-effective for users. *Note: Check wallet-specific terms and conditions for any limitations.*