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Binance airdrops $45M in BNB to memecoin traders hit by market crash
BNB Chain has launched a $45 million “reload airdrop” aimed at compensating users who suffered losses trading memecoins during Friday’s market crash. The initiative will distribute BNB tokens to more than 160,000 eligible addresses, the network said Monday. Aidrops will begin this week and be completed by early November. BNB Chain is a blockchain network developed by Binance that is now maintained by a decentralized community. It powers the ecosystem’s native BNB token and supports applications across DeFi, gaming and digital assets. According to Binance’s founder and former CEO Changpeng Zhao, rewards will ... (full story)