After a successful launch of its Shell parachain, the team will bring upgrades to the first fully decentralized, secure heterogeneously-sharded blockchain. The First of it Kind The Kusama team announced the next phases of their blockchain release via a blog post on 7 June. The first real-world parachain is set for a major upgrade and the Kusama team[Read more…]
Author Archives: BSC NEWS
BSC News, BSC Projects
HyperJump Elaborates on Their Robust Ecosystem, How to Avoid Flash Loan Exploits
12
Jun
Jun
HyperJump has explained what steps they are taking to reduce potential attack vectors on their platform. HyperJumps Stance on Flash Loans HyperJump, the DeFi protocol on Binance Smart Chain (BSC) and Fantom which incorporates a dual token ecosystem with NFTs and gaming under one roof, has announced a series of measures it has taken to help protect[Read more…]
12
Jun
Jun
The old tax code from 1922 is looking increasingly outdated thanks to bitcoin and other cryptocurrencies. The Danish tax ministry, Skattestyrelsen, is reviewing its almost century-old tax code in an effort to address the proliferation of cryptocurrency investments. This follows an investigation from the ministry which revealed that up to two thirds of transactions using[Read more…]
12
Jun
Jun
Nigeria’s Central Bank Digital Currency will likely see the light of day in 2021 according to an official from the Central Bank of Nigeria. CBDC to Complement Nigeria’s Existing Naira In an article released on June 10, 2021, the People’s Gazette confirmed the potential ambitions of the most populous African nation regarding their Central Bank Digital Currency[Read more…]
BSC News
India Potentially Looking to Switch Gears, SEBI Looks to Classify and Regulate Cryptocurrencies as an Asset Class
12
Jun
Jun
Rumours are rife that India is considering classifying Bitcoin as an asset class as the prospect for cryptocurrency adoption looks promising. India Rumored to Recognize Bitcoin as an Asset Class One of the countries with the harshest treatment towards the crypto market is starting to change its stance. The New Indian Express reported some promising news in[Read more…]
12
Jun
Jun
In a letter to Secretary Janet Yellen, Senator Pat Toomey (R) highlighted concerns related to the proposed regulations by FinCEN and FATF that will not address illicit activities but will negatively impact the United States. Counterproductive Rules In a passionate plea to Janet Yellen on June 10, the current Treasury Secretary, Senator Pat Toomey of Pennsylvania, described[Read more…]
BSC News, BSC Projects
Kebab Finance Announces Tokenized Gold and Silver, Allowing Users to Yield Farm Precious Metals
12
Jun
Jun
What’s more fun than yield farming with stablecoins? Yield farming with rare precious metals. This unique opportunity has finally been presented to the DeFi community by Kebab Finance. Kebab Yield Farming With Precious Earth Metal Kebab Finance announced on June 10th via Twitter that they have made yield farming with tokenized bullion precious metals available. They have[Read more…]
12
Jun
Jun
The massive Binance Smart Chain NFT platform Juggernaut kicks summer off with a huge NFT competition! An NFT Popularity Competition On June 11th, Juggernaut DeFi released a tweet saying that the DeFi NFT based protocol will be hosting a NFT competition. The top ten winners will share 5,000 JGN in prizes. The way to win is by sharing your artwork, amassing likes,[Read more…]
BSC News, BSC Projects
Oddz Continues its Incentivized Testnet with Over 50Million in Options Trading Volume
12
Jun
Jun
Oddz incentivized testnet has bolstered sterling results and brought the platform exposure in testing. Innovative Platform With Handsome Rewards The testnet launched on June 7, 2021, and according to Oddz, they saw a trading volume exceeding $50 million on the Incentivised Testnet Program. This volume is exactly what the platform is looking for, users to test[Read more…]
BSC News, BSC Projects
ApeSwap Continues NFA as Remaining NFTs Dwindle, How to Participate in NFA Release #8
12
Jun
Jun
This is the 8th release of the overall ten-release series, all of which have been snapped up by buyers really fast. ApeSwap NFA Series 8 and The Dwindling Supply ApeSwap has announced their Non-Fungible Apes (NFA) release #8 to be held on June 12 at 22:00 UTC at NFTKEY. NFA’s have become increasingly more sought after as the limited NFT supply[Read more…]
