Author Archives: BSC NEWS

Socios.com Restricts Access to US Users Amidst Speculation of Regulation

US users see temporary restrictions but Socios could be cooking up a new site to boost the fan experience to a new level. Restrictions for US Users Effective October 1, Socios.com has turned off key features for users within the United States. Users from the US will no longer be able to trade Fan tokens[Read more…]

Doxxed, Kidnapped, and Left for Dead – The Harrowing Story Behind A Binance Investor

Binance reached out to a user who claims a story involving kidnapping, theft, and attempted murder. Crypto Crime The user claims to have been ‘strangled to death’  after enduring kidnap, having his phone taken, and Binance account drained of $523k in two separate payments.  The user, currently known as @Mah_twittar, explained through a graphic thread that he was from Kaliningrad,[Read more…]

Cryptonomics: What’s the difference between Proof of Work and Proof of Stake?

Proof of Work (PoW) and Proof of Stake (PoS) are two different consensus mechanisms used to verify transactions on blockchains, but they differ in many ways. Consensus Mechanism  Proof of Work (PoW) and Proof of Stake (PoS) are the underlying mechanisms in a blockchain to keep the network immutable, trustless, and distributed. It is a[Read more…]

PancakeSwap Officially Launches its NFT Marketplace, Takes on NFT Industry

Fresh from launch, the PancakeSwap NFT marketplace has already taken a place among the top-ranked marketplaces. Marketplace is Up and Running The much anticipated PancakeSwap  Non-fungible Token (NFT)  Marketplace is now live. Initially scheduled for launch on the birthday of PancakeSwap – September 22nd, the marketplace eventually got flagged off eight days later:‍ PancakeSwap lined up two phases for its marketplace.[Read more…]

Binance Hires Former IRS Special Agent as VP of Global Intelligence

The recruitment of a seasoned investigator could improve Binance’s regulatory issues. Former Special Agent Joins Binance Binance has engaged the services of a cyber-crimes expert, in a move that will boost the exchange’s regulatory compliance.  In a blog post on September 30th, Binance announced the addition of Tigran Gambaryan to its team, naming him the Vice president of its[Read more…]

PancakeSwap Opens PancakeSquad NFT Presale to Gen 0 Holders

After much anticipation, PancakeSquad NFTs is set to hit the market this October. PancakeSquad NFT is Finally Here!  PancakeSwap will hold its highly anticipated Non-fungible Token (NFT) presale exclusive to Gen 0 Pancake Bunny holders. This means that only holders of the Pancake Bunny NFT will be able to participate in the presale.  The NFT presale is for the protocol’s[Read more…]

Lossless DeFi Helps Recover $16.7M of CREAM Finance Exploit

CREAM Finance was more than happy to part with bounty after pivotal Lossless assistance returns funds. Lossless Offers Helping Hand Lossless have exemplified what they are capable of offering vulnerable protocols after helping CREAM Finance secure significant loss. With the successful execution of a bug bounty, should this become the norm? In securing the return of the[Read more…]

Binance Smart Chain Processes 10x Transactions at a Fraction of Ethereum Costs

The research confirmed what Binance Smart Chain users already know: BSC is hugely scalable and affordable, especially when compared to Ethereum. Scalability The independent research from Nansen shows that transaction costs on Binance Smart Chain (BSC) are around a tenth of those on Ethereum, even while processing ten times the transaction volume. These advantages have led to incredible growth[Read more…]

DeRace to Launch Stables Marketplace Exclusive to Token Holders

GameFi is growing on Binance Smart Chain, and DeRace is one of the numerous GameFi protocols experiencing tremendous growth. NTF Horses Prepared on Stables Marketplace  The DeRace  Non-fungible Token (NFT) Stables marketplace will open on October 3rd, and DeRace exclusively invites $DERC holders to participate in the sale of NFT horses.  DeRace game designers and developers have been working to[Read more…]

Episode 71: A Conversation With Landshare

Current Episode Latest BSC.NEWS Podcast Stream Source : bsc.news BSC NEWSFounded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information[Read more…]