Jan 12, Singapore- The SG Binance SAFU PRE-HACKATHON got off to a great start today as doors opened to a throng of excited participants who filled up the space at BitTemple. Jointly organized by Binance and BitTemple, the event saw 120 participants from 8 countries gunning for the grand prize of 1 million BNB tokens.


Ling Zhang, Director of Binance Labs, rang in the start of the Hackathon with an opening speech that had participants hyped up for an exciting day ahead. The social impact fund and initiative of Binance Exchange, Binance Labs was founded to incubate, invest in, and empower projects to tackle challenges in the blockchain ecosystem.


Following past incidents of security breaches and fraudulent activities that have tainted the reputation of the cryptocurrency space, as well as diminish public trust in its ability to protect users, safeguard trades and transactions, the SG Binance SAFU PRE-HACKATHON aims to encourage participants to solve the crux of this issue - by building an open blockchain platform to verify and secure public addresses.


Day 1 had participants crunching hard, with intense discussions on code functions, token utility structures, and preparations for their pitch to the judges the next day. Mentors guided teams throughout the day, providing feedbacks and insights. Day 2 will definitely be another exciting day, where the teams will be challenged to display their understanding of blockchain technology, creativity, as well as capability in executing their solutions.


Binance Exchange is the leading global cryptocurrency exchange, with users from over 190 countries and regions. Capable of processing more than 1.4 million orders per second, Binance Exchange is the largest crypto exchange by trade volume and one of the fastest in the world. The platform focuses on security, robustness, and execution speed — attracting enthusiasts and professional traders alike. For more information, visit:


BitTemple is a Global Blockchain Hub dedicated to fostering first-rate blockchain projects worldwide. It links international blockchain companies, incubates promising blockchain programs, and cultivate a global blockchain ecosystem. Its global one-stop services for BitTemple members include: Legal Counsel, Feasibility Study, Investment, Fund Raising, Media and Public Relations, Exchange Listing Support, Trading Advisory and Liquidity Provision, as well as Community Curation. Now BitTemple has 8 hubs locate in Singapore, San Francisco, Beijing, Shanghai and Shenzhen with more than 100,000 members.


BitTemple collaborated with Binance Labs for season 1 of its Incubation Program in San Francisco last year from October 2018 - December 2018. 8 teams from various countries were selected for the 10 weeks program. Registration for Incubation Program Season 2 is now open and will be taking place in 6 locations across 5 continents including - San Francisco, Berlin, Buenos Aires, Singapore, Hong Kong, Lagos. (

    Adapted from: Executive editor: Red
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