BNB Chain to Launch Pasteur Hardfork as Binance Blocks 16 Crypto Firms

Key Insights:

• Binance News: BNB Chain is likely to get stronger bridge checks and higher block capacity through the Pasteur hardfork on August 25.
• Binance news shows 16 crypto platforms facing transaction restrictions linked to new US and EU sanctions.
• Binance also removed several spot trading pairs and plans to end deposits and withdrawals for selected networks.

Binance news is drawing attention as the BNB Chain prepares for the Pasteur hardfork on August 25, while Binance also moves against 16 crypto platforms under new US and EU sanctions, adding fresh changes across its ecosystem.

Binance Smart Chain Pasteur Upgrade Brings More Capacity

BNB Chain is set to activate the Pasteur hardfork on its mainnet at 02:30 AM UTC on August 25. The upgrade follows its testnet launch on July 21 and is aimed at making better use of the network speed already gained from earlier upgrades.

The BNB Chain previously moved to 0.45-second block times through the Fermi upgrade, while Osaka/Mendel helped keep the network stable at that pace. Pasteur now focuses on carrying more transactions within the same time window while also fixing weaknesses linked to validator power and network security. Three proposals are included under the upgrade, with BEP-682, BEP-695 and BEP-675 handling the main changes.

BEP-682 strengthens bridge checks by stopping duplicate validators from being counted more than once when signatures are checked. Before the change, a validator could appear repeatedly in a crafted set and have its voting power counted several times. The new rule rejects such duplicates.

BEP-695 deals with validator key changes. When a validator replaces an old consensus key, the previous key should no longer keep powers that belong to the new one. The proposal also makes sure slash evictions follow key rotations and blocks blacklisted addresses from using signature-based governance votes to bypass restrictions.

The biggest capacity change comes from BEP-675. Under the current process, builders execute transactions before validators execute them again. This uses valuable time inside the 450-millisecond block window.

In QANet tests, the validator part of this process fell from 125 milliseconds to 15 milliseconds. Throughput increased from 1,237 TPS to 2,324 TPS, while average gas used rose from 46.35 million to 84.15 million out of the 100 million gas limit. These remain controlled testnet figures, rather than mainnet results.

Why Binance Cut Off 16 Crypto Platforms?

Meanwhile, Binance news has also centered on the exchange cutting off transactions with a group of crypto platforms after new US and EU sanctions.

As reported, Binance has already blocked Shelbit, Aban Tether, A7 Nigeria, A7 Africa and PilotFinance. From August 23, the list is set to include Rapira, Aifory Pro, ABCeX, WhiteBird, NoOnecrypto, Tradex, Monease, BitPapa, Exnode, HTX and EXMO Ltd.

The move follows action by regulators. OFAC sanctioned Shelbit and Aban Tether over Iran-linked flows, while the European Union included 14 non-EU platforms in its 21st Russia sanctions package.

Binance is following those regulatory measures rather than making an independent decision against the platforms. For users, transfers involving the affected platforms may face compliance reviews after the relevant dates. Wallets could also face restrictions during those reviews, while transactions may create issues under Binance terms.

Latest Binance News This Week

Beyond the Pasteur upgrade by BNB Chain and platform restrictions, Binance has also announced changes to its spot market and network support.

The exchange removed several spot trading pairs on August 14 following its regular review of listed markets. The affected pairs included APT/BTC, AR/BTC, A/USDC, BTTC/TRY, CYBER/USDC, LPT/BTC and WAL/FDUSD. Binance said such reviews consider factors including liquidity and trading volume.

The exchange also carried out scheduled wallet maintenance for the Tron network on August 13. During the maintenance period, deposits and withdrawals were suspended before services resumed after the work was completed.

Another Binance notice said deposits and withdrawals for certain tokens through selected networks will stop from August 21 at 08:00 UTC. More importantly, Binance warned that deposits sent through those networks after the deadline will not be credited and could result in asset loss.

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