BNB Chain Announces Second Sunset Fork Scheduled For JulyAccording to Odaily, BNB Chain has announced its second Sunset fork, set to take place on July 14th. During this period, the BNB Beacon Chain’s staking function will be migrated to the BNB Smart Chain. The Beacon Chain will be phased out, and all assets will need to be transferred from the Beacon Chain to the BNB Smart Chain.## Migration of Staked BNBIf you have staked BNB, you will need to migrate it. If the migration is not completed before July 14th, the staking will be automatically cancelled and returned to the user’s account within two weeks.## Transfer of BNB and BEP2 AssetsBNB and other BEP2 assets will also need to be transferred from the Beacon Chain to the BNB Smart Chain. If the assets are not transferred, they will not be able to be moved after August 15th. If the asset migration has not yet been completed, it needs to be done before July 14th.
Previous article
Texas Judge Approves Consensys' Request In Lawsuit Against SEC
Ethan Roberts
Cryptocurrencies are not just digital money; they are a revolution in the financial world, capable of transforming our understanding of money, ownership, and trust.
Subscribe
I want in
Popular
RELATED
More like this