Smart Layer: middleware that links Web3 and public chains
To truly realize the Web3 vision, we must continue to innovate on the basis of public chain technology.

To truly realize the Web3 vision, we must continue to innovate on the basis of public chain technology.
Binance’s idea is indeed to launch a semi-finished product first and then modify it based on everyone’s suggestions.
The Bitcoin ETF decision is imminent, the Ethereum Cancun upgrade will be activated, and Bitcoin’s quadrennial block reward halving is approaching. The Web3 industry in 2024 will kick off a new chapter with these three major events.
Since 2017, Binance has been striving to obtain a phased 'partially legal' status in certain global regions through diplomacy, acquisitions, joint investments, philanthropic funding, and other means.
Binance and CEO Zhao Changpeng admit intentional violations, facilitating billions in unregulated crypto transactions. Zhao resigns as CEO, faces potential 18-month sentence. Legal battles continue over sentencing and extradition. Binance.US claims independence from Zhao's governance.
Binance faces $34 billion in fines from FinCEN and $9.68 billion from OFAC for not reporting over 100,000 suspicious transactions involving terrorism, ransomware, child exploitation, and other illegal activities. Future penalties and strict regulations may impact Binance for the next five years.
The new wallet is designed to function across 30 blockchain networks
The biggest cryptocurrency exchange in the world, Binance, announced the release of its new Web3 wallet on Wednesday.
Thanks to the DeFi revolution, it is no longer companies extracting value from users, but developers extracting value from protocols.