Binance Coin (BNB) Releases Planck Upgrade as Sparklo (SPRK) Introduces Blockchain Technology to Bullion Markets

by Arthur · May 4, 2023

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Binance Coin (BNB) recently announced the release of its Planck Upgrade aimed at mitigating cross-chain network attacks and thereby improving network performance. Many Binance Coin (BNB) users have hailed the development as Binance Coin (BNB) had become a major target for attackers in recent months. Elsewhere, Sparklo (SPRK) is introducing blockchain technology to bullion markets to make them more accessible to the general public. Sparklo (SPRK)’s current pre-sale is heating up amid news of a 30% token bonus, even though the trading platform has yet to launch.

Table of Contents

Sparklo (SPRK) Adds Blockchain Technology to Bullion Markets

Sparklo is an advanced distributed ledger network that trades precious metals such as gold, silver and platinum. Sparklo takes a never-before-used approach to gold trading by adding blockchain technology to an industry sector that is always considered a haven for investors.

Sparklo recognizes the liquidity and management fee issues that many trading platforms face. However, Sparklo places itself above such traditional platforms by adding blockchain technology and offering worldwide access.

Unlike many precious metals trading platforms, Sparklo has incredibly high levels of liquidity, ensuring that users can complete trades at any time. In addition, thanks to Sparklo’s global access to bullion markets, users can easily find the best prices from around the world. This makes Sparklo more competitive and it improves the overall trading experience of Sparklo users.

Sparklo also uses a new approach to managing investors’ assets: It creates NFTs for investors as a physical representation of their assets. These NFTs give investors more control over their assets. They can trade these NFTs directly among peers and all assets under the NFT will be carefully transferred to the new owner of Sparklo.

Sparklo has not yet been launched. Still, the pre-sale is doing wonders in the market as it is getting more popular every day. Investing in Sparklo now can be a good idea because it costs as little as $0.017. Even better, investors who buy tokens between now and May 5th will receive a 30% bonus.

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Binance Coin (BNB) Smart Chain Launches Plank Upgrade in April, Aiming to Address Security Issues

Binance Coin (BNB) recently announced a series of changes in April to improve network security. The upgrade would improve Binance Coin’s (BNB) cross-chain bridge between Beacon Chain and Smart Chain. These security upgrades will give validators a greater ability to prevent fraudulent transactions.

The security upgrades on Binance Coin (BNB) could not have come at a better time. Binance Coin (BNB) was one of the most targeted networks for cross-bridge hacks in Q1, 2023. Binance Coin (BNB) alone had 33 incidents of hacking representing approximately 40% of all cross-chain bridge losses. There were fears that the increasing attacks on Binance Coin (BNB) could slow global adoption.

However, data from the chain suggests otherwise. Daily active users on Binance Coin (BNB) had grown by about 10% in March. Transaction fees on Binance Coin (BNB) have also increased significantly in recent weeks.

Interestingly, Binance Coin’s (BNB) performance in April has been quite impressive. By the second week of April, Binance Coin (BNB) was trading at $311. It then jumped to $326 a few days later. It has continued to hover in that price range ever since. At the time of writing, Binance Coin (BNB) is trading at $322.