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Total Value Locked Across Multiple Defi Chains Nears $200 Billion — Ethereum’s TVL Dominance 69%
5.10.2021
While the crypto economy has seen a decent uptick in performance during the first week of October, a number of decentralized finance (defi) tokens have seen tremendous gains. Furthermore, the total value locked in defi has risen to $195 billion, jumping more than 14% over the last two weeks from...
EverRise Brings Buyback Token and Ecosystem of dApps to Polygon and Ethereum
30.9.2021
PRESS RELEASE. Singapore, September 30, 2021. Less than three weeks after releasing its first dApp EverOwn for Binance Smart Chain, EverRise is proud to announce they will launch EverBridge to both the Ethereum and Polygon blockchains on October 5th. With EverBridge, EverRise will make...
Avalanche Defi Platform Vee Finance Attacked — $35 Million in ETH, BTC Siphoned
21.9.2021
On 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. The team has suspended the defi platform contracts and stressed that the stablecoins have not been...
Pnetwork Protocol Gets Hacked, Loses 277 Bitcoin on Binance Smart Chain
21.9.2021
Pnetwork, a multi-chain bridging protocol, announced it was hacked yesterday, losing 277 pbtc (its bridged version of bitcoin) on Binance Smart Chain. The protocol acknowledged that an attacker managed to exploit a bug in its codebase to take control of the stolen bitcoin. The bridging contracts...
Binance Smart Chain Supports Decentral Games via Accelerator
21.9.2021
Decentral Games made headlines with its latest partnership announcement with the Binance Smart Chain network. The blockchain network has decided to sponsor Decentral Games with its Accelerator Fund which is worth 100 million dollars. The access to this resource will help Decentral initiate new...
Own NFT Land in ERTHA Metaverse and Generate Lifetime Revenue
21.9.2021
ERTHA metaverse is Heroes of Might and Magic game-type inspired economic and social life built on a binance smart chain to explore and investigate the world by choosing specializations and increasing the strength of your NFT and country. Ertha’s globe consists of 350,000 HEX land plots...
Latest DeFi hack targeting BSC sees $12.7M in Bitcoin stolen from pNetwork
20.9.2021
Roughly $12.7 million worth of tokenized Bitcoin has been stolen from the BSC-based cross-chain composability platform pNetwork
Cross-Chain Bridges That Connect 5 Different Blockchains to Ethereum
20.9.2021
During 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 $7.6 billion total-value locked across these platforms. Cross-Chain Bridges There’s a decent...
Defi TVL Climbs Higher, Optimism Use Rises, 270K BTC on ETH, Lending on ETH Taps $44 Billion
18.9.2021
In 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 dramatically to $171 billion today. On the Ethereum network, there’s 270,783 bitcoin...
As Crypto Economy Slumps, Total Value Locked in Defi Continues to Rise
14.9.2021
Approximately 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 were much higher. Despite the fact that the crypto economy and these coins have dipped...
Dvision Hosts Metaverse Conference for BSC’s Anniversary
1.9.2021
PRESS RELEASE. The Dvision Network team is hosting an augmented reality metaverse conference to commemorate the first anniversary of the Binance Smart Chain (BSC) ecosystem next month. The celebration will start on the 2nd and end on the 7th of September, lasting six days with an action-packed...
Safemoon Product Launch Hits a Snag, Project Bombarded by Accusations, Community Deflects Criticism
30.8.2021
A cryptocurrency project called Safemoon has been trending in forums and social media in recent times, as the crypto asset team promised a few new products, but the team claims that the launch has seen difficulties. This weekend, a post published to the subreddit forum r/cryptocurrency claims...
Ethereum Fees Jumped 154% Since Last Week, $400 Uniswap Fees, $1K to Interact With Opensea
29.8.2021
Following 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 transaction to today’s 0.0088 ether per transaction ($27.98). Ethereum Transaction Fees Skyrocket Ethereum is...
Bison Trails launches Binance Smart Chain support
19.8.2021
“Binance Smart Chain is becoming an important hub for developers looking to build applications, as demonstrated by the number of DeFi and NFT projects launched on the platform,” said Aaron Henshaw, CTO of Bison Trails
New Cryptocurrency to Deploy on Binance Smart Chain for $0.008 on Aug. 20
19.8.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Bitcoin Eco (BTCE) to Offer Frequent Mining Awards for Users
New York, United States (Aug 19, 2021) – As major cryptocurrency supporters and investors like Elon Musk have expressed their concerns over the impact...
Centric Completes Migration to Binance Smart Chain
16.8.2021
PRESS RELEASE. After two-and-a-half years on the TRON blockchain, cryptocurrency project Centric completed their migration to the Binance Smart Chain (BSC). Centric announced the decision to migrate in May. Later that month, cybersecurity firm iosiro completed an audit of the updated BSC smart...
Ledger Live To Provide Support To Binance Smart Chain
16.8.2021
The market for Binance Smart Chain has finally expanded. Recently, Ledger has announced that it has extended its hands to the Binance Smart Chain Ecosystem. Hence, the management and transition of BSC’s native assets, BNB and BEP20, is now possible via Ledger Live. Moreover, the Binance Smart Chain...
Leonicorn Swap Token ($LEOS) Is Now Trading on BitMart
15.8.2021
PRESS RELEASE. BitMart has listed $LEOS, the utility token powering the Leonicorn Swap platform. Based on the Binance Smart Chain (BSC) ecosystem, the $LEOS token is also available on the PancakeSwap decentralized exchange. $LEOS is the native token from the Leonicorn Swap, a decentralized exchange...
Poly Network Hacked for More Than $600 Million — Hacker Trolls Project Saying ‘It Could Have Been a Billion’
10.8.2021
On 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 defi-related hacks and fraud in 2021 have already surpassed 2020. The Poly Network hack on Tuesday is well above...
Tokenized Bitcoin on Ethereum Crosses $11 Billion Notional, WBTC Commands 76% of Circulating Supply
8.8.2021
According 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, the Wrapped Bitcoin protocol has 194,023 bitcoin-pegged ERC20 tokens in circulation. Over 250K...