BNB Chain Epic News (17th-23rd November)

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Welcome back to BNB Chain News ⚡

This week, MVB VII announced new Starter and Founder tracks aimed at supercharging Web3 projects across our ecosystem! Along with Binance Labs and CoinMarketCap Labs, our accelerator program plans to incubate 100 projects in 2024 – make sure to submit your application today.

We continued to share details about our fantastic Istanbul Hackathon winners and demonstrate our commitment to supporting Web3 startups. Make sure to catch-up on this week’s AMA with the winners, linked below. As always, scroll down for tons more updates from another exciting week on the blockchain!

New Projects on BNB Chain 🔥

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Each week, BNB Chain onboards tons of new projects across the landscape of DeFi, SocialFi, Web3 gaming, and beyond. Read our full blog for descriptions about each new project.

Ecosystem Highlights 🌎

🔸 MVB VII Announces New Starter and Founder Tracks
🔸 BNB Chain Hosts AMA with Istanbul Hackathon Winners
🔸 How BNB Chain Empowers Web3 Startups
🔸 Avoiding Crypto Mining Scams in Web3

BNB Chain in the News 📰

🔸 Binance Labs & BNB Chain Open New Founder-Focused Track
🔸 BNB Chain Sees 1-Year Transaction High
🔸 Web3 Builders Look to Alternate Growth Model with BNB Chain

Web3 Safety and Security 🚨

AvengerDAO publishes a list of risk projects and addresses on DappBay Red Alarm every Friday.  If you have questions or feedback for below risk highlights, please contact us here.  

Newly Detected High-Risk dApp Projects

CategoryDescriptionNumber of Newly Spotted Project This Week
Ponzi or potential Ponzi dAppsPonzi schemes lure investors with the false promise of extremely high returns.5, read the full list here
Phishing dAppsPhishing usually forges legitimate web pages to trick you into entering your private keys or authorizing transactions that you don’t understand. 117, read the full list here

Newly Detected High-Risk Address

AvengerDAO members offer APIs to  check the security of a contract to be interacted with or get relevant information such as potential risks of a specific address to perform due diligence. AvengerDAO API gives a comprehensive evaluation of each address.

We advise you to regularly check with these APIs when receiving an airdrop for a certain token, or interacting with the contracts that they want to invest in. is integrated with these APIs.

The latest high-risk addresses detected from Weekly Scan:

No.BSCScan Link WAT

All the addresses are listed here

Latest Risk Remediation: TVL >1M$ Projects 

AvengerDAO is actively scanning TVL >1M$ projects. This week, 6 projects are identified with potential risks and 3 have been resolved. Most of the issues are due to token approval risk. We recommend projects to study the Web3 Risk Framework to learn more about best practices. 

Developer Programs and Resources 🙌

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We’re excited to announce that we have added a new Founder Track to the Most Valuable Builder (MVB) accelerator program. This new track is dedicated to the incubation of 100 new ideas on BNB Chain.

Since 2021, the MVB 10-week accelerator program has been run jointly by BNB Chain and Binance Labs with a mission to support Web3 builders and grow the BNB Chain ecosystem.

Apply today using this link.

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Our Bug Bounty Program is designed to encourage the identification and responsible disclosure of security vulnerabilities that directly affect BNB Chain and its components, such as the blockchain, nodes, and wallets.

By reporting these vulnerabilities to us, you not only play a crucial role in maintaining the network’s security, but can also earn substantial rewards for your efforts.

The blockchain space is abuzz with innovation, and if you’re building on opBNB and BNB Greenfield, you’re in for a treat. We’ve compiled useful resources for devs in this handy blog – check it out!

We’re excited to announce the BNB Chain Gas Grant Program. This program aims to reward projects that contribute to the BNB Chain ecosystem by providing gas fee incentives to qualified projects.

Apply Now to enjoy a Gas Grant for your dApp.

Are you building a project on BNB Chain and need funding? 🧐

BNB Chain Builder Grants awards grants or non-financial support to builders and Web3 projects who contribute to the BNB Chain ecosystem. Apply Now!

At BNB Chain, we’re constantly exploring innovative and meaningful ways to support the developer community.

To that end, we have negotiated discounts and premium services to provide a set of critical development tools and grouped them into a starter pack called BNB Chain Kickstart that you can use to build, grow and scale your dApps on BNB Chain.

Build the Future of Web3 with BNB Chain ⚒️

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BNB Greenfield is a novel decentralized data storage network with a native bridge to BNB Smart Chain (BSC), which manages user rights, bucket creation, and file deletion to transform the way users interact with their data.

With Mainnet releasing, it’s the perfect time to start building!

Let’s leverage the power of opBNB together to create a blockchain ecosystem that is efficient, scalable, and sustainable. The future is optimistic, and we’re thrilled to shape it with you.

Start building on opBNB now!