Binance Introduces Beta Web-Based Wallet for Smart Chain Transactions

In the ever-evolving world of cryptocurrency, Binance has made a significant move by launching a beta web wallet on July 25, 2025. This new wallet, supporting BSC and Solana trading, has been met with positive reception from the user community, who have noted its enhanced accessibility for dApps on these platforms.

The launch is expected to increase user engagement with smart chain platforms, potentially bolstering BNB's market position. In the past 24 hours, BNB experienced a 6.86% price increase, and over 90 days, it has seen a 39.88% rise, currently priced at $849.62 with a market cap of $118.34 billion.

While no major public statements were made by Binance's leaders regarding the launch, the Coincu research team suggests that this update could have a positive impact on BNB's market position.

Elsewhere in the cryptocurrency sphere, Eightco has announced a Worldcoin Treasury Strategy with a $250M placement. However, German authorities have reportedly missed out on $5B worth of Bitcoin, allegedly linked to the movie streaming site Movie2K.

The European Central Bank (ECB) has called for enhanced stablecoin regulation amid liquidity concerns, while the SEC has delayed a decision on the 21Shares SUI ETF proposal. The SEC also held a roundtable on financial surveillance and privacy in the cryptocurrency sector.

In other developments, Wyoming launched a state-issued stablecoin on the Hedera Network. Coinbase is launching Mag7+ crypto equity index futures, and the SEC and CFTC have approved spot crypto trading on registered exchanges.

Polymarket has gained CFTC approval to re-enter the U.S. market, and Webus and Air China have partnered to enable XRP payments. ETHZilla secured $80 million OTC financing with Cumberland, and SharpLink has affirmed Nasdaq compliance for its Ethereum acquisition plan.

John Kojo Kumi, a cryptocurrency researcher and writer specializing in emerging startups, tokenomics, and market dynamics within the blockchain ecosystem, has been making waves in the industry.

Meanwhile, U.S. Congress is focusing on crypto legislation with a year-end goal, and the SEC has introduced Bitcoin custody bill HR 5166. Popular tokens like Meme Rush and Binance Alpha are featuring on exchanges, attracting a broader user base.

As the cryptocurrency landscape continues to evolve, it's clear that innovation and regulatory developments will remain at the forefront. Stay tuned for more updates as these stories continue to unfold.

Binance Introduces Beta Web-Based Wallet for Smart Chain Transactions