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PortuguêsDevelopers of the Binance Smart Chain, the Binance-backed decentralized blockchain platform, have proposed applying a mechanism to burn BNB tokens based on the utilization of the network. According to the…
Continue ReadingFollowing the lead of Ethereum‘s EIP-1559, Binance Smart Chain (BSC) has introduced a new proposal. One that intends the blockchain should adopt a real-time fee-burning mechanism. The BEP-95 aims to…
Continue ReadingInteroperability is trending across the crypto sector and blockchains are coming up with innovative proposals and workarounds, in order to meet users’ diverse needs. A recent example of this was…
Continue ReadingThe price action of most of the market’s coins in October has been quite noteworthy. As large-cap coins continue to make higher highs on the charts, not-so-popular coins have also…
Continue ReadingThe old order has fallen – or such was the case on Coin Market Cap and Coin Gecko after Binance Coin jumped up to become the third-biggest blockchain by market…
Continue ReadingOctober has been a strong month for cryptocurrencies like bitcoin but a number of decentralized finance (defi) tokens have seen higher double-digit gains this past week. Moreover, non-fungible token (NFT)…
Continue ReadingCrypto exchange Binance has launched a $1 billion fund which it calls “the biggest funding program of its kind in the whole cryptocurrency industry.” The company aims for the fund…
Continue ReadingCrypto exchange giant Binance has demonstrated once more why it’s amongst the giants of the industry, the company has announced the launch of a $1 billion “Growth Fund”. Targeted at…
Continue ReadingCross-chain bridges have the potential not only to bring multiple blockchains to users, but also to revolutionize NFT markets and DeFi as a whole. The ETH<>SOL token bridge supported by…
Continue ReadingThe announcement stated that the program is the largest ever announced in the crypto space. The Binance cryptocurrency exchange has announced a $1 billion accelerator fund to expand the capabilities…
Continue ReadingDecentralized finance (defi) has swelled quite a bit this year and on October 5, the total value locked (TVL) in defi protocols crossed the $200 billion mark. Since January 1,…
Continue ReadingDuring the first week of September, the Wormhole Network’s ethereum solana bridge was introduced to the Solana community and the following week, developers released a bi-directional connection for blockchain non-fungible…
Continue ReadingPolygon is well-known particularly when it comes to DeFi. The network has been performing well as a Layer-2 scaling solution for Ethereum and has continued improving on that front. So…
Continue ReadingIn the constantly growing Decentralized Finance (DeFi) space, the emergence of Polygon is not surprising. The network has been making efforts to become more efficient and the work has been…
Continue ReadingAt the time of writing, most of the market’s top cryptos were trading in the red. Not only on the daily timeframe but on the weekly too. Like other altcoins,…
Continue ReadingOn September 21, 2021, an Avalanche-based decentralized finance (defi) platform Vee Finance announced that it suffered from an incident that siphoned 8,804 ether and 213 bitcoin out of the system.…
Continue ReadingRoughly $12.7 million worth of tokenized Bitcoin has been stolen from the BSC-based cross-chain composability platform pNetwork. Cross-chain decentralized finance platform pNetwork has become the latest protocol to be targeted…
Continue ReadingpNetwork, a cross-chain DeFi platform, lost roughly 277 Bitcoins to the tune of $12.7 million in a recent hack. The platform confirmed on Twitter that the attacker targeted tokenized Bitcoin…
Continue ReadingDuring the last few months, cross-chain bridge technology has grown a great deal and users can now swap assets between a myriad of networks. Today, between eight different bridges there’s…
Continue ReadingIn the DeFi race, there have been many developments including Ethereum‘s domination, Cardano‘s launch, Solana‘s unprecedented rise, and many other appearances in this space. But the one blockchain that has…
Continue ReadingIn mid-September, the total-value locked (TVL) in decentralized finance (defi) continues to climb higher, as the value held on Ethereum, Binance Smart Chain, Avalanche, Solana, and more blockchains has risen…
Continue ReadingApproximately nine days ago, the total value locked (TVL) in decentralized finance (defi) across various blockchains was around $176 billion. At that time, bitcoin ($49,937) and ethereum ($3,886) fiat values…
Continue ReadingFollowing the bug and the split that occurred after a great number of Geth nodes did not upgrade, Ethereum fees have risen dramatically since August 21, jumping from $11 per…
Continue ReadingSolana, with its fast-growing ecosystem, has found a position at the forefront within the crypto space. By hitting $314 million in its private token sales, Solana crept the headlines in…
Continue ReadingOn August 10, the decentralized finance (defi) project Poly Network suffered a loss of over $600 million according to various reports. The hack follows a recent Ciphertrace report on how…
Continue ReadingAround 1:00 PM UTC, the official Twitter handle for Poly Network reported an attack on their platform resulting in one of the worst attacks on DeFi since its inception. The…
Continue ReadingAccording to data on August 7, there’s 253,510 bitcoin-pegged or wrapped tokens worth more than $11 billion in value on the Ethereum blockchain. Out of the seven different bitcoin-pegged projects,…
Continue ReadingFollowing the hype surrounding dogecoin, shiba inu, and then baby doge, another token called daddy doge (DADDYDOGE) has been gathering steam. The coin saw some interest after Elon Musk said…
Continue ReadingAt the moment, most of the decentralized finance services run over the Ethereum network. In Bitcoin land, DeFi is almost non-existent. However, there’s a case to be made for it.…
Continue ReadingThe Binance Smart Chain has launched a $10 million bug bounty fund for projects building on top of the protocol, called “Priority One.” The initiative aims to keep the blockchain…
Continue ReadingIn mid-May, the popular and perhaps the largest torrent tracker on the internet, The Pirate Bay, mysteriously revealed a new cryptocurrency called piratetoken (TPB). The token has seen a 20%…
Continue ReadingTranchess is live on the Binance SmartChain with a Bitcoin tracking token and yield farming options for investors. Three Arrows Capital CEO Su Zhu has announced the launch of decentralized…
Continue ReadingDinoSwap, a yield farming platform on Polygon, which works similarly as PancakeSwap farming pools, is launching this week. It launches with investments from top DeFi funds, such as Defiance, Hashed,…
Continue ReadingBinance is set to match bug bounties paid by Immunefi to white hat hackers that discover vulnerabilities in Binance Smart Chain projects. Immunefi, a security service outfit that specialized in…
Continue ReadingWhile dogecoin and the ERC20 token shiba inu have surprised the masses with phenomenal gains this year, another dog token has entered the fray. A coin project called “Baby Doge”…
Continue ReadingOne of Africa’s oldest museums, the Uganda National Museum (UNM), is set to create digital representations of the unique artifacts that are on display at this facility. Working in concert…
Continue ReadingDeFi protocol Impossible Finance is building a multi-chain incubator to expand out from BSC. Impossible Finance, a Defi protocol built on Binance Smart Chain, has completed a $7 million seed…
Continue ReadingCZ claims Binance didn’t really make Binance Smart Chain, Beijing to distribute $6.2 million in free digital yuan, and miners speak out about clean energy mining This weekly roundup of…
Continue ReadingBinance Smart Chain (BSC) decentralized applications (dapps) have been hit with a number of flash loan attacks in recent weeks. According to collected data by Rekt, during the last 30…
Continue ReadingDecentralized finance (defi) exchanges and tokens are recovering a lot faster than a great number of digital assets that lost more than 40% in value last week. Defi tokens like…
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