Monthly Archives: July 2022

$TEDDY Plunges 99% Due to Alleged Rug Pull

Excited about high profits, many investors suffer heavy losses when they rush into projects with uncertain information. What Happened to $TEDDY? DRAC Network, a project positioning itself as a DeFi hub built on BNB Chain, with its main token $TEDDY and product Teddydoge.Finance, lost more than 10,000 $BNB and $2 million due to an alleged “soft[Read more…]

BNB Chain Lists 8 Star Projects for July

BNB Chain continues to expand and produce exciting protocols in the industry across different ecosystems. The Best Dapps on BNB Chain BNB Chain released its list of top Decentralized Applications (dApp) in July, featuring eight protocols. The industry-innovating network is never short of top-notch dApps utilizing its unique offerings.  Like the June dApp all-stars list, which BSC News published on June[Read more…]

BNB Chain’s Dapp Aggregator Flags Two Scam Projects

Launched in mid-July, DappBay flags Smart Chain DeFi, Web Dao projects. Minimizing Risks With DappBay On July 25, BNB Chain announced that new product DappBay had successfully detected risk of harm to the community from two projects through deception and misuse of user funds for personal gain. DappBay is a Decentralized Applications (dApps) hub with anti-phishing features launched[Read more…]

Trouble With $SHIB Burn Portal as Rewards Are Delayed

The SHIB team confirmed that $RYOSHI is a separate project not in the Shiba ecosystem. Community Allocation Rewards Delayed Shiba Inu published an update on the Shibaswap blog acknowledging that the $SHIB community is increasingly frustrated by the delay in the distribution of $RYOSHI by the $SHIB burn portal.  Participation in the SHIB burning process reduces the[Read more…]

Looking to Build Your Own Crypto Exchange? Binance Cloud May Be Your Solution

The Binance Cloud solution looks to support bespoke exchanges, and the service offerings are high grade. Cryptocurrency Cloud Exchange Global cryptocurrency exchange Binance built out Binance Cloud, a fully functional exchange infrastructure solution designed to enable the deployment and launch of other crypto exchanges.  As posted on the Binance Blog, the solution leverages Binance’s technology to[Read more…]

Poriot AMA recap

coinwire.com hosts an AMA with Poriot. #Poriot #BNBChain #BSCDaily #AMA Coinwire Admin: Welcome BSCDaily and Poriot fam to the AMA! Our project of discussion today is: Poriot! I’m Daley and joined with me is Mr. Chandresh – Community Operations Officer at Poriot. Hello Chandresh, how are you? Chandresh – Poriot: Hello guys,i’m Chandresh, i’m the Community Operations Officer of  Poriot,[Read more…]

BNB Chain’s Incubation Program, MVB Selects 27 dApps in its Fifth Season

BNB Chain, a community-driven and decentralized blockchain announced incubation projects for season 5 of Most Valuable Builder (MVB), an accelerator program; 27 exciting new projects with a range of different focuses were selected. There were more than 650 applications from all across the world. The incubation program has been specifically designed to equip builders on[Read more…]

BSC News NFT Unlocks Benefits on Top BNB Projects

BSC News is partnering with TEN Finance, ApeSwap and others to bring unprecedented utility to the new NFT collection. Perks at BSC News, Across BNB Chain BSC News, the leading media platform covering BNB Chain, announced a unique collection of Non-Fungible Tokens (NFTs) with utility on projects across the Binance blockchain ecosystem.  BSC News NFT holders will receive access to premium[Read more…]

Hypermine – a High-Yield DeFi Protocol

Through a basket of diversified crypto-asset investments, Hypermine aims to generate high returns for its token holders. The Mission Hypermine aims to offer a dynamic, exciting, and community-driven ecosystem on BNB Chain and the impending Pulsechain community.  The project intends to leverage the previous success of its predecessor, Powermine, which successfully ran on the IOST[Read more…]

The Musk Curse – Chung’s Weekly Digest (7/25)

Tesla shed $936 million of its $BTC holdings despite its CEO’s prior assurance that there were no plans to sell its $BTC. Irresponsible Behavior Bitcoin ($BTC) fell on the news of Tesla’s decision to sell its Bitcoin reserves to improve its cash flow. Tesla is one of the largest corporate holders of Bitcoin and its decisions in the[Read more…]