Monthly Archives: July 2021

Twitter Dips Their Toes in the NFT Race, Giving Away 140 Free NFTs to Twitter Users

Twitter is getting involved in one of the fastest-growing niches in the crypto world, the Non-Fungible Tokens (NFTs) space by handing out Twitter-themed digital art. NFT on the Social Media  Twitter, is giving away 140 Twitter-themed Non Fungible Tokens (NFTs) for its users, generating a lot of buzz on social media. The social media giant platform, Twitter[Read more…]

PancakeSwap Users Vote for Another Cake Emission Reduction, Relaunching Governance in V2

PancakeSwap opened emissions voting and the community decided to reduce CAKE emissions. The PancakeSwap DEX announced via a twitter post the other day on June 29th that they have once again opened voting on PancakeSwap to speed up the process of becoming emission neutral. This goal aims to balance  the amount of CAKE (PancakeSwap’s native token) being produced with the amount being burned. This[Read more…]

Compound and Coinbase Release Stablecoin Yield Products

The stablecoin yield services will be available to both retail and institutional investors. Safer Yields In recent news, Coinbase as well as Compound have both released stablecoin yield products, both promising 4% annual percentage yield (APY) on USD Coin (USDC), a coin which strictly follows the value of the dollar with almost zero price volatility. Put in perspective, a 4% yield is roughly 65[Read more…]

1inch Foundation Revamps DAO and Governance Process to Empower the Community

The decentralized exchange aggregator has taken a new step to update its community participation in key network elements New Network Governance 1inch is not coming out with just any old governance proposal. Building off their instant governance, the growing platform came out with a network governance proposal on June 30, through their official channels. One of the[Read more…]

BakerySwap Lists MayeMusk and Koda Robot Dog NFT Mystery Boxes on BakerySwap

The mother of the famous billionaire has teamed with the world’s first decentralized robot dog for NFT mystery boxes. Maye Musk x Bakery Swap BakerySwap has created mystery boxes that feature the Koda robot dog and Maye Musk. Following a successful launch on July 1st that saw 500 mystery NFT boxes sell out in just 3[Read more…]

Injective Launches Canary Chain, Kicking Off Mainnet Phase Two and Staking

The Canary Chain will offer users the ability to accomplish their activities on the protocol with limited risk. INJ Continues to Innovate The Injective Protocol offers access to limitless Decentralized Finance (DeFi) markets with zero barriers, and now, it has grown in terms of utility. According to its Twitter publication on July 1st, the Injective Canary Chain is now live and will[Read more…]

Episode 55: A Conversation With Alchemy Toys

Current Episode Latest BSC.NEWS Podcast Stream Source : BSC.NEWS BSC NEWSFounded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information[Read more…]

Alpaca Finance Releases Integration Documentation To Curb Future Errors Like Merlin Finance’s Exploit

The documentation advises developers on what code structures to use to secure their protocols from identified vulnerabilities. Increasing Need For Transparency The crypto-space is increasingly getting littered with exploits and hacks. From rug pulls to flash loan attacks, the activities of criminals are threatening the credibility of the crypto industry. Recently, three different projects PancakeBunny, AutoShark, and Merlin Finance,[Read more…]

PrivacySwap (PRV): Advancing The DeFi Industry With Privacy And Security

The platform focuses on the security and privacy of its users to create a niche in Binance Smart Chain DeFi. In a World of Risks Decentralized Finance (DeFi) in its simplest form is a system by which financial products become accessible on a public decentralized blockchain network. This  allows them to be available for utility[Read more…]

MultiPad Putting An End To Paltry IDO Allocations

Summary MultiPad aims to address the main two problems with the current crypto launchpad model: Low allocations are given to investors; The inefficiency of first-come, first-served token sales. MultiPad IDOs will give ample guaranteed allocations to successfully-whitelisted investors, so no gas wars—everyone can take their time to buy. ‘Committed to Community’ is MultiPad motto—all investors will[Read more…]