Author Archives: BSC NEWS

Sunflower Land Gears Up for War

Sunflower Land players are gearing up for a war between Humans and Goblins that will start on Sept. 5. Choose Your Side Tensions are high in Sunflower Land, a PlayAndEarn blockchain farming simulation on Polygon, as the Goblin War is about to break out. A tweet on Aug. 20 announced the start of the war on Sept. 5. Farmers[Read more…]

Crypto’s Rally Fizzles Out – Chung’s Weekly Digest (8/22)

Rally loses steam as Bitcoin fails to break $25K but institutional interest on crypto assets continues to accumulate. Looming Recession Bitcoin’s ($BTC) rise appears to have fizzled out after a technical rally came to a halt as fears of a looming recession resulted in profit taking. Bitcoin is now forming a textbook pattern of a[Read more…]

The Narrative of Decentralization in Major Blockchain Networks: The Myth and the Reality

Represented by the Nakamoto coefficient, decentralization is supposed to be the core attribute of blockchain technology. The reality, however, is more complex. How Decentralized Are Major Blockchains? The decentralization characteristic of blockchain is what makes it unique among other technologies. But are the major blockchains we know really decentralized? Let’s take a closer look at[Read more…]

Tether Brings on Top 5 Accounting Firm to Report on USDT Reserves

New attestation report from BDO Italia states Tether’s assets of $66.4B exceed its liabilities of $66.2B. BDO Italia Comes on Board The world’s largest stablecoin issuer, Tether, has partnered with BDO Italia, the Italian branch of the world’s fifth largest accounting firm, to assist the company by issuing reports on financial backing for USDT stablecoin reserves. The[Read more…]

Chainlink Weekly Roundup: Floki, Iron Bank, Zeus Finance and Kyber

Chainlink hits $23 billion in Total Value Secured amid a hectic week of exciting integrations. A Multi-Chain Expedition Chainlink continues its mission to integrate new protocols across the blockchain universe. The industry standard and chain-agnostic oracle network expanded its services on Arbitrum, Avalanche, BNB Chain, Ethereum, Optimism, and Polygon. In this week’s roundup: Floki integrates Chainlink Keepers and Price Feeds. Zeus Finance integrates Chainlink Keepers, Price Feeds,[Read more…]

Battle of the Dapps Round 3 Recap

Ten Finance advances to the final round over Mogul Productions and X World Games, thanks to the judges. All Roads Lead to the Finale! Group rounds of this season’s BSC News Battle of the Dapps ended on Aug. 19, with Ten Finance emerging victorious in the last group round before the final faceoff. Snatching up the one ticket[Read more…]

Celer Network Community Deploys Data Query Tool

The Celer Network team said, “As always, our aim is to build a better blockchain interoperability infrastructure for the future!” Query, Track, Analyze Celer Network announced their community has developed and launched Celer IM Scan to make monitoring the platform’s network activity more accessible and more user-friendly. Celer IM Scan is a single tool that can query[Read more…]

Redlight Finance Launches New Blockchain Gasless Solutions through $REDLC

With $REDLC as its governance token, Redlight Finance is revolutionizing the EVM-compatible Blockchain world through gasless solutions. Introducing Redlight Chain Redlight Finance, a technology company that provides a full crypto technology platform, is introducing Redlight Chain, a Layer 1 EVM-compatible Blockchain with new functionalities. Redlight Chain is centered on solving the Blockchain trilemma of scalability,[Read more…]

JunGo set to Launch Genesis NFT Mystery Box

The Mystery Box Sales sets the stage for the ultimate launch of the strategy-based GameFi project. Genesis NFT Mystery Box Sales Event As the first strategy game on the GameFi market that uses a physics engine to simulate shooting battles, JunGo will open sales for the Genesis NFT Mystery Box on August 24, 2022. Further[Read more…]

Piston Token: DeFi Racing with Long-Term Passive Income

Through its deflationary token model, the project aims to bring sustainable passive income for holders. PSTN Apeswap Farm and Pool to Go Live In view of expanding the ecosystem, Piston Token has announced a partnership with Apeswap, which will see the BUSD-PSTN farm and Banana staking pool for PSTN go live on Apeswap on August[Read more…]