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Binance Unveils the New Binance Wallet: A Seamless Gateway to Web3

Business

Binance Unveils the New Binance Wallet: A Seamless Gateway to Web3
Business

Business

Binance Unveils the New Binance Wallet: A Seamless Gateway to Web3

2024-12-09 16:00 Last Updated At:16:15

A multi-stage relaunch begins with the Seamless phase, introducing unified asset management, streamlined airdrop access, a $5M airdrop celebration, and a sleek new design

DUBAI, UAE, Dec. 9, 2024 /PRNewswire/ -- Binance, the world's leading blockchain ecosystem behind the world's largest cryptocurrency exchange by trading volume and users, today announced the relaunch of the Binance Wallet (formerly Binance Web3 Wallet) to make Web3 more accessible, intuitive, and integrated into the daily lives of users worldwide.

The relaunch will be rolled out in several stages over the coming months, with each phase introducing a unique theme to address key challenges in Web3 adoption, ensuring a smooth and thoughtful transition for users.

"At Binance, our mission to onboard one billion users into Web3, focuses on making the technology more accessible and easier to use. Just as email and online shopping became simple and widely adopted, Web3 is becoming part of more and more people's everyday life. The revamped Binance Wallet is designed to accelerate this transition, offering intuitive tools that simplify the decentralized experience, and create a seamless way for everyone to explore and benefit from Web3," said Winson Liu, Global Lead of Binance Wallet.

To mark the relaunch, the wallet has been rebranded from Binance Web3 Wallet to Binance Wallet, reflecting its evolution into a more streamlined and versatile product. "This name change mirrors our focus on simplicity and usability, ensuring that the Binance Wallet continues to serve as an intuitive gateway for both newcomers and seasoned users exploring the decentralized world," added Winson Liu.

The first batch of updates, under the theme of 'Seamless,' focuses on making Web3 easier to navigate, with features designed to enhance asset management, streamline airdrop access, and elevate the overall user experience.

The new Unified Wallet feature makes asset management easier by consolidating holdings from multiple wallets and networks into a single, intuitive interface. Users can view their entire Web3 portfolio at a glance, track and analyze assets effortlessly, and execute transactions without the need to switch between wallets or chains.

Users can also swap thousands of tokens across various networks directly within the wallet, accessing competitive prices with ease. With intuitive and streamlined navigation, the Unified Wallet reduces complexity, offering users greater control and convenience as they explore the decentralized world.

The revamped Airdrop Zone and newly introduced Reward Center in the Binance Wallet make accessing and managing crypto rewards effortless. Users can participate in exclusive airdrops from promising Web3 projects, often requiring only simple tasks to unlock rewards. The Reward Center centralizes all airdrop statuses and pending rewards in one organized hub, making it easier to track progress and manage earning opportunities. This streamlined experience ensures users can grow their portfolios with ease while staying informed about the latest reward campaigns.

To celebrate the relaunch of the Binance Wallet and provide users with an opportunity to experience its enhanced features, Binance is launching the $5M Airdrop Carnival, a multi-week event offering $5 million in token airdrops. Starting December 10th, 2024, this campaign features airdrops from top Web3 projects, giving users exclusive access to tokens and rewards.

All these new features are enhanced by the sleek new design of the Binance Wallet, which simplifies navigation and elevates the user experience. The updated interface is thoughtfully aligned with the familiar Binance Exchange experience, creating a cohesive and intuitive journey for users.

By bridging the gap between Binance's centralized exchange and the decentralized world, the wallet makes it easier than ever for users to onboard into Web3. With modern visuals, streamlined layouts, and quick-access tools, managing assets, exploring earning opportunities, and engaging with decentralized projects becomes effortless. This refreshed design offers a seamless and visually engaging way to interact with Web3, catering to both newcomers and experienced users alike.

For more details on the revamped Binance Wallet and the $5M Airdrop Carnival, visit our blog or follow Binance on social media for the latest updates.

About Binance

Binance is a leading global blockchain ecosystem behind the world's largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 240 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: https://www.binance.com

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Binance Unveils the New Binance Wallet: A Seamless Gateway to Web3

Binance Unveils the New Binance Wallet: A Seamless Gateway to Web3

SEOUL, South Korea, May 14, 2025 /PRNewswire/ -- LG Display, the world's leading innovator of display technologies, is demonstrating its OLED technology leadership at the world's largest display exhibition. Under the theme, "Display Technologies Shaping the Future," the company has unveiled its full OLED lineup - covering large, medium, and automotive displays - at SID Display Week 2025 in San Jose, California.

The three-day event from May 13 (local time) is gathering global display companies and researchers to present research papers on new technologies and showcase mid- to long-term future technologies alongside new products.

LG Display has divided its exhibition space into three zones, demonstrating the evolution of large-sized OLED technology, automotive display solutions targeting future mobility, and next-generation display technologies for a sustainable future.

In the Large OLED Zone, under the theme "Unrivaled OLED," LG Display is presenting the excellence of its fourth-generation OLED technology through TV and gaming panels.

Fourth-generation OLED panels apply LG Display's proprietary Primary RGB Tandem structure, which independently stacks RGB (Red, Green, Blue) elements to emit light. This enables a maximum luminance of 4,000 nits, the highest in the industry (with 1 nit being the brightness of a single candle). They feature a special film to express natural colors and brightness in any environment, achieving vivid colors and perfect blacks even in bright indoor spaces, as if watching in a dark movie theater.

LG Display plans to accelerate its efforts to target premium markets with its fourth-generation OLED panels, such as AI TVs and Gaming OLEDs.

The fourth-generation OLED TV panel unveiled at SID Display Week 2025 perfectly implements AI TV features, such as upscaling that converts low-resolution content into overwhelmingly high picture quality. It also boosts energy efficiency by approximately 20% compared to the previous generation (based on a 65-inch panel), through enhancements in the element structure and power supply system.

Moreover, LG Display is exhibiting a comparison between third-generation and fourth-generation OLED technologies by showcasing the different generations of 27-inch Gaming OLEDs side by side. The fourth-generation Gaming OLED panel allows visitors to witness brightness and color gamut improvements while experiencing the evolution between the technologies.

The company is additionally presenting its 45-inch 5K2K Gaming OLED, which provides the ultimate gaming experience with the world's highest resolution (5120×2160). It features approximately 11 million pixels densely arranged to deliver outstanding picture quality, as well as a 21:9 aspect ratio similar to a movie theater screen, offering an entirely new level of gaming immersion.

LG Display is drawing further attention to its proprietary Dynamic Frequency & Resolution (DFR) technology, which enables the optimization of various game genres on a single monitor. Depending on the content, DFR allows users to freely choose between high refresh rate and high resolution modes. By selecting high refresh rate mode, they can smoothly enjoy fast-paced games like first-person shooters or racing games without any stuttering, while high resolution mode enhances the vividness of games featuring high-quality graphics.

In addition, the company is demonstrating its blue phosphorescent OLED technology for the first time, showcasing a blue phosphorescent OLED panel for IT devices such as smartphones and tablets. With significantly greater luminous efficiency than all OLED generations to date, blue phosphorescent OLED is the result of LG Display's implementation of a newly developed hybrid two-stack Tandem OLED structure.

By featuring blue phosphorescence in the upper stack of this structure, the IT panel exhibited at SID Display Week 2025 consumes about 15% less power than existing OLED panels. With LG Display becoming the first company to succeed in reaching the commercialization stage of blue phosphorescent OLED panels, the next generation of OLED panels is in sight.

The Automotive Display Zone, under the theme "Driving the Future," presents future-oriented solutions such as a Stretchable display and a concept car equipped with a full, unique lineup of automotive display technologies, including P-OLED, Advanced Thin OLED (ATO), and high-end LTPS LCD.

The Stretchable automotive display, which can freely expand, has been applied to the center fascia area where physical buttons would traditionally be located, opening up possibilities for innovation in future mobility design.

The concept car features an automotive display optimized for Software-Defined Vehicles (SDVs). An ultra-large Pillar-to-Pillar (P2P) display, which LG Display was the first in the industry to commercialize, spans across the dashboard, while an 18-inch Slidable OLED is installed for Rear Seat Entertainment (RSE).

The 57-inch automotive P2P, the largest in the world as a single panel, allows users to conveniently enjoy the advanced infotainment system of an SDV. The 18-inch Slidable OLED is usually rolled up and hidden inside the ceiling, but when needed, it unfolds to show movies on a large screen or allow users to play games on the move. Both panels have secured reliability and durability to operate normally in extreme environments, from freezing cold as low as -40°C to the extreme heat of +85°C, making them suitable for automotive use.

Additionally, under the theme "Sustainable Innovation," LG Display has unveiled next-generation displays featuring low power consumption technology and eco-friendly components.

Its 16-inch Neo:LED panel for laptops achieves the highest level of color reproduction, suitable for professionals in fields such as photography and video production, while being energy efficient through the development and application of new LED technology. This makes it an ideal product for IT devices where battery efficiency is especially important.

LG Display is also exhibiting a 14-inch laptop panel with 41% of its weight made up of eco-friendly materials. With the goal of environmental conservation, the company aims to increase its use of eco-friendly materials in this product to 50% by 2030.

"We will continue to create differentiated customer value in the future display market and further strengthen our technological leadership," said Soo-young Yoon, CTO and Executive Vice President of LG Display.

Elsewhere at SID Display Week 2025, LG Display is presenting 16 early-stage research papers on next-generation display technologies, including research achievements in the development of fourth-generation OLED.

About LG Display

LG Display Co., Ltd. [NYSE: LPL, KRX: 034220] is the world's leading innovator of display technologies, including thin-film transistor liquid crystal and OLED displays. The company manufactures display panels in a broad range of sizes and specifications primarily for use in TVs, notebook computers, desktop monitors, automobiles, and various other applications, including tablets and mobile devices. LG Display currently operates manufacturing facilities in Korea and China, and back-end assembly facilities in Korea, China, and Vietnam. The company has approximately 70,707 employees operating worldwide. For more news and information about LG Display, please visit www.lgdisplay.com.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

LG Display Targets Future Markets with World-Leading Technology at SID Display Week 2025

LG Display Targets Future Markets with World-Leading Technology at SID Display Week 2025

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