Author Archives: BSC NEWS

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…]

MDB Launches Xenia to Impressive Results

With a 400% uptrend during the bear market, the launch of the Xenia dApp has been quite successful. Bear Market Woes There has been a degree of uncertainty within the cryptocurrency realm as of late, with the current bear market seeing Bitcoin tumble from over $68,000 in November 2021 to lows below $20,000 this summer.[Read more…]

Axie Infinity’s Ronin Bridge Increases Validator Count to 17

Sky Mavis: “The current network requires 70% of the current validators to approve a proposal.” More Validators = More Security Sky Mavis, the development company behind the popular Play to Earn game Axie Infinity and the Ronin bridge, said it had increased the number of validators on Ronin to 17. The three entities that will take on this role are Efficient[Read more…]

Drip Protocol Prepares to Launch Animal Farm v2

The Animal Farm v2 offers more ways to earn dividends with $DOGS and $PIGS and reduces tax based on user loyalty. More Returns for Users Drip Network will release Animal Farm v2, which promises more dividends and lower taxes than the earlier version. How low those taxes are, however, depends on a user’s loyalty. BSC News had[Read more…]

Stader Labs Hit by $800K+ Exploit

Stader Labs will cover all losses incurred on its NEAR liquidity pools. The multi-chain liquid mining protocol also published a statement on the incident. NearX Smart Contract Exploit A hacker recently exploited Stader Labs’ NEAR liquid staking pool, using vulnerabilities in its NearX smart contract to steal more than $800,000 worth of funds. During the[Read more…]

Celer Network Shuts Down Multi-chain Bridge Over DNS Exploit

Investigations are ongoing, and the platform has disabled the cBridge to protect users from losing their crypto assets. cBridge Suffers DNS Exploit A suspected DNS exploit has forced blockchain interoperability platform, Celer Network, to temporarily shut down activity on its multi-chain bridge, cBridge. Initial investigations by Celer Network show that some suspicious DNS activity on the cBridge began around[Read more…]

Binance Gets Preliminary License to Operate in Kazakhstan

Binance’s latest legal success in Kazakhstan is part of its ambitions to create a global presence for the crypto exchange. Another International Victory Kazakhstan’s Astana Financial Services Authority (AFSA) has given the preliminary approval of Binance to operate as a Digital Asset Exchange Facility operator and a Custody Provider in the Financial Center Astana International[Read more…]

Crypto Sports: 3 Articles on Crypto Partnerships with Pro Sports

A collection of articles on crypto partnerships and integrations with professional sports teams and icons. Teaming Up The synergy of cryptocurrency, its associated technology, and the world of professional sports is quite strong. Both industries rely on marketing, outperforming competitors using similar resources and their communities to maintain relevance. Due to this natural compatibility, the[Read more…]

BNB Chain Launches Web3 Stars Accelerator Exclusively for Vietnam

The program aims to find outstanding Web3 projects and help developers build scalable Web3 applications, giving increased access to the BNB Chain community. CZ: ‘Huge’ Blockchain Potential in Vietnam BNB Chain, the smart contract blockchain platform developed by cryptocurrency exchange Binance, announced it would launch its first BNB Chain Web3 Stars Accelerator program in Vietnam. [Read more…]

Wombat Exchange to Launch Liquid Staking on BNB Chain

With the launch of its BNB liquid staking pool, Wombat aims to provide more utility for its WOM token. Wombat Liquidity Staking 101 With liquid staking starting to gain ground on BNB Chain, multichain stablecoin swapping protocol Wombat Exchange is set to offer more utility to its users by launching its own liquid staking pool on BNB. Wombat’s[Read more…]