Monthly Archives: July 2023

Ethical Hacker Restores $5.4 Million After Identifying Vulnerability in DeFi Protocol

A white-hat hacker has returned $5.4 million worth of Ether to Curve Finance after exploiting the DeFi protocol. The exploit was caused by malfunctioning reentrancy locks on versions of the Vyper programming language and resulted in losses of around $47 million. Fake Refund Scheme Promoted Amid Chaos Amid the chaos, Twitter accounts impersonating Curve Finance[Read more…]

Steadfastness of BNB Network Amidst Cautionary Notes

BNB Network Holds Firm Amid Fluctuations Binance’s native token, BNB, has been significantly impacted by the SEC lawsuit against the exchange. However, despite all the volatility and uncertainty, the activity on the BNB network has remained high. According to the latest data, there were 4.02 million active users on the BNB network, conducting a total[Read more…]

BNB Network Demonstrates Resilience Amidst Market Uncertainty

Activity on the BNBchain Activity on the BNBchain remains consistent. However, risky dApps and bearish sentiment may act as hurdles to BNB’s growth. Active Addresses on the BNBchain Active addresses on the BNBchain remain high despite market volatility. The price of BNB recovered as volume increased. Impact of SEC Lawsuit on BNB Binance’s [BNB] native[Read more…]

Exploring Tradecurve: Declining Interest in BNB and XRP among Crypto Traders

Investors seeking alternatives to Binance Coin (BNB) and XRP may find Tradecurve’s TCRV and its exchange platform as attractive options. Innovative Features The Tradecurve platform offers a range of innovative features that have piqued the interest of investors in the crypto market. Ripple’s Lawsuit Against the SEC Ripple took a different approach in their legal[Read more…]

BSC Experiences $73k Vyper Attack in the Wake of Curve Finance Exploit

The BNB Smart Chain (BSC) and Vyper Vulnerability The BNB Smart Chain (BSC) recently fell victim to copycat attacks, exposing a vulnerability in the Vyper programming language. This attack closely resembled the well-known exploit of the Curve Finance defi protocol. BlockSec’s Findings: $73,000 in Cryptocurrencies Stolen On July 30, blockchain security firm BlockSec released alarming[Read more…]

PancakeSwap Introduces Revenue Sharing for CAKE Token Stakers

Decentralized exchange PancakeSwap to share trading-fee revenue with CAKE token stakers Decentralized exchange PancakeSwap is set to share a portion of its trading-fee revenue with stakers of its native token, CAKE, to enable them to earn more rewards. PancakeSwap said, beginning Aug. 9, fixed-term CAKE stakers will receive 5% of the trading-fee revenue from all[Read more…]

InQubeta Dominates Telegram Crypto Channels as TON Surpasses BNB and ETH

InQubeta: Dominating Crypto Telegram Channels In the competitive crypto market, Toncoin (TON) is a worthy contender whose activity has surpassed Binance Coin (BNB) and Ethereum (ETH), thereby attracting considerable investor interest. However, a new player, InQubeta, has gained significant attention in crypto-focused Telegram channels, generating discussions and curiosity among investors. This article delves into the[Read more…]

Seamless Integration of ZkSync Era Network Propels PancakeSwap to New Heights

PancakeSwap Integrates with ZkSync Era for V3 PancakeSwap has recently announced its integration with ZkSync Era network for its V3, highlighting a new wave in the evolution of smart contract development via ZK-rollups. Benefits of the Integration ZkSync Era, an Ethereum Layer 2 network, is known for its rapid expansion and the unique benefits it[Read more…]

I asked ChatGPT if BNB can bear the downtick, its reply was affirmative

Binance’s Expansion in Japan On 25th July, Binance [BNB] CEO Changpeng Zhao “CZ” announced that the exchange will provide full services in Japan on its new platform, the Sakura Exchange Bitcoin, beginning August. Legal Victory for Ripple and BNB’s Price Rally Earlier, BNB’s price rose barely 7% after Ripple [XRP] secured a partial victory in[Read more…]

PancakeSwap Embraces zkSync Era: Advancing DeFi Scalability to New Heights

In a Significant Development for the DeFi Sector PancakeSwap, the leading decentralized exchange (DEX) on the Binance Chain, has announced its launch on zkSync Era, an Ethereum Layer 2 network. This move is set to enhance the scalability and efficiency of the DEX, offering users reduced gas costs and faster transaction times. PancakeSwap v3: Expanding[Read more…]