Monthly Archives: January 2023

Robinhood Promotes Scam Token on BNB Chain via Twitter

Robinhood continues to find ways to tarnish its crypto reputation as $16k is lost in latest scam. Robinhood Scam on Twitter The Twitter account for disgraced financial institution Robinhood promoted a scam token called RBH on BNB Chain Wednesday, January 25. The erroneous post, presumed to be a hack, appeared on Robinhood, reminding users that a new[Read more…]

Project Insight: PancakeSwap

Pancakeswap has taken the BNB Chain by storm and continues to innovate and bring excitement to the decentralized finance space. What is PancakeSwap: PancakeSwap is the leading multichain Decentralized Exchange (DEX) across Decentralized Finance (DeFi). Since establishing itself as one of the first DEX on BNB Chain in November 2020, PancakeSwap has become the top protocol in all of DeFi[Read more…]

BNB Chain Opens Game Jam with In-Person London Event

The Game Jam is set to last the entire month of February once applications close on January 31. BNB Chain Game Jam in London BNB Chain hosted the Launch Party for its inaugural Game Jam competition in London on January 24. The competition opened for application submissions on January 20 and the event was the official in-person kick-off.[Read more…]

Top Five Things You Need to Know About Pi Network

A look at the most important five facts about Pi Network. Facts About Pi Network Pi Network is trending in the crypto space. The mobile mining initiative established by two Stanford University academics, Nicolas Kokkalis and Chengdiao Fan, has raised the expectations of many Decentralized Finance (DeFi) enthusiasts. By allowing Pioneers to mine the native Pi currency freely,[Read more…]

Binance Fumbles Transfers, Mixes User and Collateral Funds

Major mixup from Binance as the exchange is made to eat its own words regarding the allocation of customer assets in the wake of the FTX fiasco. Binance Mixes Funds in the Same Account Binance reportedly keeps exchange users’ funds in a cold wallet that holds reserve collateral funds. The mix of funds has admittedly[Read more…]

Check Out the Top 5 NFT Marketplaces on Solana in 2023

Solana NFTs are on the rebound in 2023. Here are the top 5 marketplaces on the chain this year, including Magic Eden, Rarible, OpenSea, Solanart and Solsea. Magic Eden Dominates the Rankings So far in 2023, the Solana ecosystem has bounced back in a big way from the crash and doldrums from last year. A[Read more…]

ShadowSwap and LayerZero Combine for Cross-chain Bridging on Core Chain

ShadowSwap will tap into LayerZero’s framework to offer users cross-chain interoperability. Cross-chain Bridging with Low Fees ShadowSwap, a leading Decentralized Exchange (DEX) built on Core Chain, has partnered with LayerZero to bring cross-chain bridging for users. The protocol offers numerous services, including Staking, Farming, and Launchpad, and will bring cross-chain bridging with low fees on its native[Read more…]

Whale Account Moves $180M from Tron DAO to Binance

The latest movement of funds continues the growing relationship between the two powerhouse crypto groups. $180M Moved to Binance from Tron DAO A cryptocurrency account on Tron DAO transferred $180 million USDC stablecoin from Tron DAO to Binance on January 21. The latest movement of funds from Tron DAO to Binance comes just a few weeks removed from when[Read more…]

Binance Users in 7 Countries Can Now Cash Out Crypto for Fiat

Cash is king! Binance users in certain countries in Asia and Africa can now send crypto to their bank accounts and receive fiat. New Option for Users in Asia, Africa Binance users in certain countries can now send crypto from the world’s largest exchange and receive fiat directly into their bank accounts. You can now[Read more…]

Binance Research Explores Why Aptos is Booming Right Now

Why has the price of $APT quadrupled in 2023? Binance Reserach explores developments and announcements from the new Aptos blockchain. $APT Goes From $4 to $16 in January Why is the Aptos coin outperforming the crypto market so far in 2023? Binance Research dove into that question in a recent Twitter thread, discussing developments from[Read more…]