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Binance Smart Chain rebrands to BNB Chain

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Mumbai: Binance Smart Chain (BSC), the community-driven, open-sourced and decentralised blockchain ecosystem has announced its rebranding to BNB chain. This move is to spotlight its connection with the BNB token, the decentralised evolution of the BNB ecosystem, and showcase how BNB has transcended Binance in terms of its use cases, said the statement.

With this name change, the brand aims to have more advancements to benefit users, projects and developers connected to the BNB Chain community.  

BNB, which stands for ‘Build and Build’ (formerly called Binance Coin), is the blockchain gas token that ‘fuels’ transactions on BNB Chain. BNB also acts as a governance token, as it is necessary to participate in BNB Chain’s decentralised on-chain governance.

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BNB Chain is comprised of BNB Beacon Chain (previously Binance Chain) and BNB Smart Chain (BSC) (Previously Binance Smart Chain).

“BNB Chain will embrace large-scale applications, including GameFi, SocialFi and the Metaverse,” said BNB Chain ecosystem coordinator Samy Karim. “In particular, scaling from one chain to multi-chain, improving scaling solutions and expanding the validator set of BSC from 21 to 41 (with 20 validators functioning as candidate block producers).”  

Through MetaFi, the BNB Chain community will aim to build the infrastructure that powers the world’s parallel virtual ecosystem. (‘Meta’ for metadata, and ‘Fi’ for DeFi), is a concept that provides advanced and sophisticated DeFi infrastructure to all the different types of projects such as metaverse, GameFi, SocialFi, Web3, and NFTs and puts them under one umbrella – MetaFi.

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MetaFi is a future all-encompassing ecosystem that promises to deliver a paradigm shift that will enable seamless interoperability between different projects and blockchains, according to the brand. The combination of these different blockchain projects enables a full-fledged parallel ecosystem serving users from around the globe. 

Through the concept of MetaFi, BNB Chain aims to build the infrastructure to bring the parallel virtual ecosystem to life, it further said.

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Hyundai Venue crosses 1 lakh bookings, adds HX8 Diesel AT variant

New top-spec automatic diesel trim brings ventilated seats, OTA updates and paddle shifters.

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MUMBAI: Hyundai Venue just hit the jackpot and upgraded the prize because when you cross 1 lakh bookings, you don’t just celebrate, you throw in paddle shifters and ventilated seats for the ride. Hyundai Motor India Limited (HMIL) announced that the all-new Hyundai Venue has achieved 1 lakh bookings, cementing its strong position in the compact SUV segment. To mark the milestone and further enhance customer choice, the company introduced the new HX8 Diesel Automatic (AT) variant.

The HX8 Diesel AT is powered by the proven U2 1.5L CRDi diesel engine paired with a 6-speed automatic transmission. It adds a host of premium comfort, safety and convenience features, including:

  • Ventilated front seats
  • Dual-tone leatherette seats with VENUE branding
  • Electric 4-way driver seat adjust
  • Controller Over-the-Air (OTA) updates
  • Hyundai Bluelink connected car technology
  • Electric parking brake with auto hold
  • Rear disc brakes
  • Ambient lighting on crash pad and central console
  • Drive mode select (Eco, Normal, Sport)
  • Traction control modes (Sand, Mud, Snow)
  • Paddle shifters

HMIL, managing director & CEO Tarun Garg said, “We are delighted that the new Hyundai Venue has crossed 1 lakh bookings, reaffirming the strong trust Indian customers place in our brand. The introduction of the new HX8 Diesel Automatic variant further strengthens the Venue lineup, offering customers the perfect blend of diesel efficiency, torque-rich performance and effortless convenience.”

Backed by Hyundai’s extensive sales and service network, the Venue continues to appeal to buyers seeking a feature-rich, comfortable and future-ready compact SUV. The new variant reinforces HMIL’s focus on delivering advanced technology, safety, comfort and value while adapting to evolving customer preferences.

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In a segment where bookings are the real horsepower, Hyundai isn’t just counting milestones, it’s handing drivers an automatic upgrade that makes every journey feel like the victory lap.

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