Monthly Archives: April 2023

How Organizations Can Prevent Crypto Hacks Cryptocurrencies have gained prominence as an investment asset class and payment mechanism, but they are also vulnerable to hacks. Enterprises must implement adequate security measures to safeguard their crypto assets from hacker efforts. Organizations may employ various security measures to reduce the danger of crypto breaches, but the issue[Read more…]

BNB Price Gains Momentum Above $320 Level Against USD The Binance Coin (BNB) price is displaying bullish signs as it climbs above the $315 level against the US Dollar (USD). Trading above $320 and the 100 simple moving average (4 hours), BNB has experienced a break above a key bearish trend line with resistance near[Read more…]

Ash Environmental DAO Announces Token Sale Dates The Ash Environmental DAO has announced the dates for its upcoming token sale. The event is scheduled to run from April 17 to May 7, providing an opportunity for participants to purchase the Ash token and become part of a global ecosystem dedicated to funding high-impact innovations that[Read more…]

The BNB Greenfield Testnet: Revolutionizing Decentralized Storage on BNB Chain The BNB Chain ecosystem is undergoing a major transformation with the introduction of decentralized storage solutions through its BNB Greenfield testnet, which went live on April 10. BNB Greenfield aims to provide fast and cost-effective data services while offering enhanced ownership and integration for Web3[Read more…]

BNB Chain Launches Zero2Hero Hackathon BNB Chain has recently announced its new Zero2Hero hackathon track, which will focus on exploring the innovative world of NFTs, GameFi, and the Metaverse. In a tweet, the company invited developers to participate in the event and register for the hackathon to join in on the excitement. The world of[Read more…]

Decentralized Exchange SushiSwap Hit by $3 Million Losses Due to Smart Contract Bug Reports from blockchain security companies CertiK Alert and Peckshield reveal that a bug in the smart contract of SushiSwap, a decentralized finance (DeFi) protocol, resulted in losses of over $3 million on April 9. The bug was identified in Sushi’s Router Processor[Read more…]

Binance.US Faces Banking Challenges Binance.US, the U.S. arm of the leading cryptocurrency exchange Binance, is reportedly encountering difficulties in finding a suitable bank to handle its customers’ cash after the abrupt failure of Signature Bank last month, according to a report published by the Wall Street Journal. Previously, user deposits were transmitted to Signature Bank[Read more…]

BNB, the Native Currency of Binance Ecosystem, Faces Regulatory Pressure BNB, the native currency of the Binance ecosystem, has been facing regulatory pressure as regulators continue to question the exchange’s operations and compliance with local laws. After reaching a high of $345 in March 2023, BNB has fallen roughly 10% in the last trading day,[Read more…]

Chiliz Chain 2.0: The Next Step in Blockchain Evolution Chiliz is introducing a new era of blockchain technology with the launch of Chiliz Chain 2.0, which is a fork of the BNB Chain operating on a proof-of-stake authority (PoSA) consensus mechanism. Moreover, the new chain remains compatible with Ethereum and is powered by the native[Read more…]

BNB Smart Chain Mainnet to Undergo Scheduled Hard Fork ‘Planck’ on 12 April The BNB Smart Chain Mainnet to Undergo Scheduled Hard Fork ‘Planck’ on 12 April The BNB Smart Chain mainnet is set to undergo a scheduled hard fork called ‘Planck’ on 12 April, as announced in a recent blog post. This upgrade is[Read more…]