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Can the New Bitcoin BSC Rise from $1 to $30,000 Like Bitcoin?
12.9.2023
The rally that Bitcoin has had in recent years is unprecedented. It's hard to believe that it's only been 12 years since the price of Bitcoin first reached one dollar. Since then, many people have wondered what would have happened if they had invested $100 in Bitcoin and held onto it. When asked...
Crypto News: Now More Popular Than Ethereum – This Altcoin Has Become the Favorite Among Big Investors
11.9.2023
While Ethereum (ETH) is struggling to stay above $1,600, investors are currently setting their sights mainly on its competitors. According to blockchain researchers, Solana (SOL) was attracting a lot of attention in the past week prior to its current downward course that coincides with a tough week...
FBI Traces $41 Million Cryptocurrency Theft From Stake.com to Lazarus Group
9.9.2023
The Federal Bureau of Investigation (FBI) says it has confirmed that North Korea’s Lazarus Group was behind the crypto theft of about $41 million from online crypto casino and sports betting platform Stake.com. The FBI has provided a number of Bitcoin, Ethereum, Binance Smart Chain (BSC),...
Crypto casino Stake reopens withdrawals just 5 hours after $41M hack
5.9.2023
The online crypto casino reported unauthorized transactions from its hot wallets on Sept. 4 with blockchain security firms estimating at least $41 million pilfered from hackers
Defi Sector Navigates an Extended Crypto Winter: TVL Dips to February 2021 Levels
2.9.2023
The realm of decentralized finance (defi) is grappling with the aftermath of the sweeping crypto market slump that marked the close of August. As it stands, the total value locked (TVL) in defi, pegged at $37.59 billion, has plummeted to a low last witnessed in the second week of February 2021....
Binance extends support to BNB Smart Chain (BEP20)
28.8.2023
Binance has announced that it will support the network upgrade and hard fork of BNB Smart Chain. The starting time stated in the announcement is August 30, 2023, 7:30 UTC. Deposits and withdrawals will be suspended 15 minutes before that, to be resumed when the network is deemed stable...
Defi TVL Dips Below $40B Amidst Market Turbulence and Shrinking Confidence
22.8.2023
After remaining above $40 billion for much of 2023, the total value locked in decentralized finance, or defi, fell below the threshold on August 17, reaching $37.9 billion by August 22. Additionally, from August 13, the top 100 DeFi tokens have decreased by $1.74 billion in value over nine days....
Opensea Phases Out BNB Smart Chain Support, Citing Resource Alignment With Promising Efforts
19.8.2023
One of the largest non-fungible token (NFT) platforms, Opensea, has declared its decision to withdraw BNB Smart Chain (BSC) support. Opensea revealed that the “cost to continue supporting BSC outweighs the impact.” Opensea Pivots Away From BNB Smart Chain in Strategy Re-evaluation...
BNB Smart Chain hit with copycat Vyper attack, $73K exploited
31.7.2023
While Ethereum-based protocols have been hit with the majority of the exploit activity, BNB Smart Chain has also seen similar "copycat" exploits, according to BlockSec
BNB Beacon Chain hard fork adds 'panic' feature that can 'halt' blockchain
13.7.2023
BNB Beacon Chain mainnet is set to undergo the "ZhangHeng" hard fork around July 19, which will bring new upgrades aimed at improving security
MATIC and SOL delisted from Robinhood, Avorak solidifies their BNB Smart Chain choice
14.6.2023
The recent delisting of MATIC and SOL from Robinhood has sent ripples through the crypto community. However, amidst this development, Avorak, a key player in the industry, remains steadfast in its choice of the BNB Smart Chain. MATIC and SOL on Robinhood Robinhood, a cryptocurrency exchange...
Avorak could redefine how BNB Smart Chain cryptos are used
31.5.2023
The BNB Smart Chain blockchain network was created to make it possible to build decentralized apps (dApps) more quickly and cheaply. It uses the existing Binance Chain and provides Ethereum Virtual Machine (EVM) compatibility for smooth project conversion. However, the BNB Smart Chain...
DeFi protocol WDZD Swap exploited for $1.1M: CertiK
25.5.2023
The reported attacker is a known exploiter, labeled ‘Fake_Phishing750’ by BscScan
Privacy Project Railgun DAO Adopts Chainway’s ‘Proof of Innocence’ Tool
8.5.2023
Railgun DAO’s new functionality – initially developed by the developer Chainway for use on Tornado Cash – could allow users to mathematically demonstrate that coins involved in transactions did not come from blacklisted addresses. Digital Currency Group, owner of CoinDesk, is an investor in Railgun...
Defi Market Holds Steady at $49.31 Billion TVL, Lido Finance Leads the Pack With 24.82% Share
6.5.2023
Since April 18, 2023, the total value locked (TVL) in decentralized finance (defi) has been fluctuating just below the $50 billion threshold. As of today, the TVL amounts to $49.31 billion, registering a 1% increase within the last 24 hours. TVL in Defi Shows Signs of Improvement, Yet to Surpass...
Binance Launches Ether-Based Liquid Staking Product WBETH to Rival Liquid Staking Competitors
24.4.2023
In an announcement made on April 24, Binance, the cryptocurrency exchange with the largest trade volume, unveiled its latest staking product, wrapped beacon eth (WBETH). This new addition to Binance’s staking solutions is built on the Ethereum network, joining the ranks of other competing...
Value Locked in Defi Descends Below $50B Range 9 Days After 2023 High
23.4.2023
The total value locked in decentralized finance (defi) has descended below the $50 billion range after reaching a 2023 high of $53.63 billion on April 14. This shift has been felt across the board with the top 18 defi protocols recording losses during the past seven days, and the largest defi...
Developers Fork Uniswap V3, Protocol Attracts $123M in Total Value Locked
5.4.2023
Decentralized exchange (DEX) Uniswap has been forked by developers after its Business Source License (BSL) expired on April 1
Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March
2.4.2023
The total value locked (TVL) in decentralized finance (defi) during the first week of April is about $50 billion, roughly the same as on March 1. The value locked dropped to $42 billion on March 12 but has since rebounded as protocols such as Lido Finance, Aave, and Justlend recorded double-digit...
Multichain Wallet Bitkeep Raises $30 Million From Bitget to Strengthen Links Between Defi and Cefi
23.3.2023
On Wednesday, the multichain wallet Bitkeep announced it raised $30 million from the crypto derivatives platform Bitget. Bitkeep now has an overall valuation of $300 million, with goals aimed at strengthening the links between decentralized finance (defi) and centralized finance (cefi). Bitget...