On December 9th, Binance announced the re-launch of Binance Wallet (formerly "Binance Web3 Wallet"), with the aim of making Web3 more accessible, intuitive, and integrated into the daily lives of users around the world. The reboot will be carried out in stages, with each stage introducing a unique theme to address key challenges in Web3 adoption and ensure a smooth transition for users. The first phase of the reboot focused on fluidity, with updates including a unified wallet for smooth asset management, a silky airdrop area and reward center, and a new clean interface design. This update continues to use MPC technology, allowing new Web3 users to open accounts more smoothly and indirectly avoid security incidents, while also retaining the option of mnemonic private key import for veteran users as an option. To celebrate the reboot of Binance Wallet and allow users to experience new features, Binance launched a multi-week "$5 million Airdrop Carnival" event, which will start on December 10, 2024. Winson Liu, Global Head of Binance Wallet, said: "Our mission is to bring 1 billion users to Web3 and focus on making this technology more accessible and usable. The new version of Binance Wallet will accelerate this process by providing intuitive tools to simplify the decentralized experience and make it easy for everyone to explore and benefit from Web3."