Binance: Should You Be Worried? Binance is a major player within the cryptocurrency industry, having risen to prominence in 2017 as part of the Initial Coin Offering (ICO) boom. However, concerns have been raised about the centralization of Binance Coin (BNB) and recent legal actions brought by the Commodity Futures Trading Commission (CFTC), leading some[Read more…]
Monthly Archives: May 2023
09
May
May
Binance to Add Support for Bitcoin Ordinals on NFT Marketplace Top global crypto exchange Binance announced that it plans to support Bitcoin Ordinal inscriptions on its non-fungible token (NFT) marketplace by the end of May. This means Binance users will no longer have to use a separate wallet to trade Ordinal inscriptions, also known as[Read more…]
08
May
May
Binance’s Ecosystem Sees Recovery, But BNB Still Faces Challenges Binance, one of the largest cryptocurrency exchanges, faced several challenges at the beginning of 2023. These challenges included regulatory crackdowns and an increase in the number of hacks on its BNB Chain. However, amidst the uncertainty, there was a silver lining for the crypto juggernaut. Rebounding[Read more…]
08
May
May
Binance Coin Faces Bearish Trend in Crypto Markets Binance Coin (BNB), the native cryptocurrency of the Binance exchange, has been facing a tough time in the crypto markets lately. Despite a strong push from the bulls to drive the coin’s price higher from the $320-$325 region, the bears took over and sent the price tumbling[Read more…]
07
May
May
Exciting News: BabyDoge Proposes Monumental Token Burn and Zero Transaction Fees The BabyDoge team recently announced a proposal to strengthen the security and integrity of its platform through a token burn on the Ethereum protocol. The deflationary token platform is proposing to burn 100 quadrillion BABYDOGE tokens, which have been sitting idle since the platform’s[Read more…]
07
May
May
Arbitrum and BNB Smart Chain Networks Growth Impacted by Recent Security Breach The Arbitrum [ARB] and BNB Smart Chain [BSC] networks have been experiencing a steady growth in terms of active addresses for the last few months. However, a recent hack could impact this growth going forward. Based on the data supplied by PeckShield, DEI,[Read more…]
06
May
May
Deus Finance loses over $6M due to security breach on its stablecoin DEI Decentralized finance (DeFi) protocol Deus Finance has lost over $6 million due to a security breach on its stablecoin DEI (DEI). The hacker exploited a vulnerability in the BNB Smart Chain (BSC) on May 5, according to blockchain security firm PeckShield. A[Read more…]
06
May
May
Binance Under Investigation by US Justice Department Binance [BNB] has been under the regulatory spotlight in the United States, with various agencies investigating potential misconduct by the exchange. According to a recent Bloomberg report, Binance may face another investigation by the US Justice Department’s national security division. Binance vs. DOJ? The investigation aims to determine[Read more…]
06
May
May
Will Binance Coin [BNB] Succumb or Resist as Bears Remain Undeterred? The growth of Binance Coin [BNB] in the last 30 days has been minimal, registering a 4.07% uptick within the period. But this could be a sign of strength, especially as the broader market has had to deal with a period that was quite[Read more…]
BSC Facts & Rumors, BSC News, BSC Projects
In-Depth Analysis of the WHEXcosystem: A Comprehensive Look at the Project’s Innovative Approach to Whale Conservation
05
May
May
Understanding the WHEXcosystem DAO, WHEXy Whales NFTs, and Whale Exploder DeFi Token WHEXcosystem DAO ($WEED) The WHEXcosystem DAO (Decentralized Autonomous Organization) is the governance mechanism for the entire ecosystem. It is powered by the $WEED token and allows token holders to participate in decision-making processes via blockchain voting. Key Information about the $WEED Token: –[Read more…]
