BNB news

BNB rose 1.7% in the last 24 hours, breaking the $860 resistance, yet lagged the broader crypto rally as Binance faces scrutiny after a Financial Times investigation into suspicious money flows and a $4.3 billion settlement with U.S. authorities. Trading volume spiked 192% above the daily average, with several bursts confirming momentum. The price formed an ascending triangle between $864 and $865.80, but remains 32% below its $1,360 all‑time high.

PancakeSwap has announced Probable, a prediction‑market platform to launch exclusively on BNB Chain. The project, incubated by PancakeSwap and backed by YZi Labs, will start without fees and automatically convert deposits into USDT on the chain. Probable will use UMA’s Optimistic Oracle for event verification and settlement. Although PancakeSwap will help with early growth, Probable is an independent venture. The platform is set to launch soon, but no exact date is given. Prediction markets are gaining traction, with Kalshi and Polymarket reporting billions of dollars in monthly volume, but regulatory uncertainty remains as some authorities treat them as gambling.

Binance founder Changpeng Zhao announced a new BNB Chain prediction market, predict.fun, on X. The platform lets users bet while their idle funds earn yield. Built by a former Binance employee, predict.fun currently has about 12,000 users and $300,000 in volume, but must compete with larger venues like Polymarket and Kalshi. Its success may hinge on BNB Chain’s large wallet base, though liquidity gaps and stable‑coin limits remain a challenge.

YZi Labs, tied to Binance founder Changpeng Zhao, has filed a bid to replace the board of CEA Industries, a BNB‑treasury firm, citing destruction of shareholder value. YZi wants to undo all bylaw changes since July and appoint its nominees. Shares of CEA fell 89% since July, ending Monday at $6.47 after a $500M PIPE that aimed to build the world's largest BNB treasury. 10X Capital executives now sit on the board, but YZi accuses CEO Namdar of poor communication and lack of loyalty. BNB, linked to Binance, is trading near a three‑month low at $829, down ~40% from October high, yet up 17.8% YTD. CEA holds 515k BNB at an average cost of $851, giving an mNAV of 0.79x.

YZi Labs and Binance co‑founder Changpeng “CZ” Zhao filed a consent statement with the SEC to overhaul the board and management of CEA Industries, the BNB treasury firm, after its shares plunged 92% since the July launch. The proposal seeks to expand the board and seat YZi nominees, citing poor performance and governance gaps. YZi, holding roughly 5% of CEA’s shares and a $500 million PIPE investor, accuses the current leadership of inadequate communication and of pursuing other digital‑asset treasuries, claiming this has eroded investor confidence. BNC’s stock fell from $82.88 to $6.47, prompting the filing’s urgent call for shareholders to act now.

YZiLabs says BNB Network's rollout has faltered, citing sluggish investor updates and a gap between the stock and its underlying BNB holdings.

VanEck has withdrawn its earlier plan to stake BNB in the proposed spot ETF, stating in its updated S‑1 filing that the Trust will not earn staking rewards at launch and that future staking may not occur. The move reflects uncertainty around BNB’s regulatory status and the risk that a finding it is a security could force the ETF’s dissolution. The firm notes that while it may use third‑party staking services in the future, no guarantees are made and any such activity would require SEC approval. VanEck also confirmed that its Solana ETF will continue to offer staking yields, underscoring the differing treatment of the two cryptocurrencies.

GANA crashed over 90% after hackers reportedly stole $3.1 million from the BNB Smart Chain-based protocol.

CEA Industries previously raised $500 million through a private placement to buy BNB as its primary treasury reserve asset.

BlackRock’s tokenized U.S. Treasury fund, BUIDL, will now be accepted as collateral on Binance, allowing traders to post the token with a custody partner instead of directly on the exchange while still trading. The move gives institutional participants more flexibility to use yield‑generating assets within compliance frameworks. Securitize is expanding BUIDL to the BNB Chain, enabling investors to use the asset in DeFi applications and increasing interoperability. The $2.5 B fund—currently the largest tokenized money‑market fund on public blockchains—illustrates the growing integration of tokenized real‑world assets in crypto markets.