Senior Machine Learning Engineer, BNB Chain Labs

Aiming to be “bigger than Binance”, BNB Chain is also EVM (Ethereum Virtual Machine) compatible and has a multichain function. Alongside this, it assists users with a higher capacity and lower latency asset management platform and has been used for hundreds of billions of transactions since its founding in 2017.

2022 was rocky regarding customer trust for BNB Chain. It was the victim of a hack worth $570 million in early October that year, putting its cross-chain vulnerabilities under pressure. That being said, late 2022 and early 2023 marked a surge for the company despite the crypto winter. During this time its wallets outpaced Ethereum and it became the largest L1 blockchain. It has also become something of a watchdog for fake crypto tokens and untrustworthy DApps.