Binance’s BNB Chain Gears Up for Major Upgrades as Binance Eyes US Return
BNB Chain, the blockchain platform affiliated with Binance, is poised for significant technical advancements in April 2025 with the Lorentz upgrades. Meanwhile, Binance is reportedly making moves to re-enter the US market, potentially seeking political support.
BNB Chain Set For Major Power Surge Starting April
The crypto universe is rapidly advancing, and BNB Chain aims to stay ahead. In April, the Binance-affiliated platform will experience a pivotal turning point with the deployment of Lorentz upgrades on opBNB and BSC, reducing block times to 0.5 and 1.5 seconds respectively. These technical updates could redefine industry standards, marking BNB Chain’s ambitious strategy to dominate in 2024.
Binance Prepares US Comeback, Courts Trump for Help
Binance, the world’s largest cryptocurrency exchange, is planning a return to the U.S. based on new ties with the Trump family. According to the Wall Street Journal, Binance executives met with U.S. Treasury officials last month to request the removal or reduction of a federal monitorship imposed due to anti-money-laundering violations. Binance paid a record $4.3 billion fine in 2023. Additionally, Binance is exploring a business deal with World Liberty Financial (WLFI), a DeFi venture inspired by President Donald Trump, which plans to launch a dollar-pegged stablecoin called USD1. Listing this token on Binance could generate billions for the Trump family.