Binance Smart chain

The rebranding is to stress its independence and deemphasize Binance’s role going forward, Binance CEO Changpeng Zhao said

Hackers stole 206,809 Binance Coin, roughly $80 million, from Qubit’s QBridge protocol, making it the seventh largest DeFi hack ever

BTC has been rangebound this week as market sentiment remains mixed, ETH and BTC continue to cede market dominance to alternative networks.