President Joe Biden’s new tax plan, among other proposed regulations from US government agencies, requires a reporting of crypto assets from investors. Crypto Crackdown Over the last month, news broke of President Joe Biden’s American Family Plan, which looks to support low-middle class families with child care and health care coverage. Yet the American Family Plan[Read more…]
Author Archives: BSC NEWS
BSC News, BSC Projects
The Race in CBDCs Continues Onward With South Africa and Indonesia Beginning Research
31
May
May
South Africa and Indonesia are the latest nations to begin their own research in the sector, joining an increasingly crowded field of entrants. South Africa South Africa has begun feasibility studies into the possibility of creating their own Central Bank Digital Currency. The South African Reserve Bank (SARB) is leading the investigation into whether a[Read more…]
29
May
May
Recent exploits and a market-wide pullback resulted in a stark correction on Binance Smart Chain; bEarn.Fi has not been an exception but continues to build despite the turbulence. bEarn Continues Building! As a follow-up to the assurance of its code exploits victims, which resulted in the loss of ~$11 million, bEarn has released the compensation plan. In[Read more…]
BSC News, BSC Projects
PancakeBunny Team Remains Vigilant After Flash Loan Attack, Introducing Bunny Pots
29
May
May
Following a recent flash loan attack against their platform which sank their token price by 97%, the protocol unveiled Bunny Pots as a tool to prevent further exploits. The PancakeBunny Flashloan Attack On May 19th, PancakeBunny released a tweet telling their community that a flash loan attack had hit their protocol. The effect of the attack corrected the PancakeBunny[Read more…]
BSC News, BSC Projects
DEGO Finance Announces Onion Mixer INO Following DEGO x Onion Mixer Partnership
29
May
May
The partnership will give DEGO more leverage and tools to extend the utility of non-fungible tokens (NFT). Onion Mixer INO Will Go Live Soon As a result of DEGO’s partnership with Onion, DEGO Finance has scheduled an Initial Non-fungible Contract (INO) offer on its platform for Onion Mixer. In an earlier article, we explained what a non-fungible contract[Read more…]
BSC News, BSC Projects
Polygon (MATIC) Continues Exponential Growth, Beefy and AutoFarm Take Advantage of User Base
29
May
May
Many protocols have added support for the Ethereum-based network amidst its rich offerings, the latest being Beefy and AutoFarm. Introduction Recently, Beefy and AutoFarm added support for Polygon, formerly known as MATIC. Undoubtedly, this was due to the large number of users on the Polygon network. Since then, there have been some brilliant developments on both protocols. For Beefy,[Read more…]
29
May
May
DxSale launches new token DxMint among other important updates in their May Update report. Building for Success On May 27th, DxSale released their May update, including some exciting news of their new token, DxMint. DxSale, to provide a quick overview, is an ecosystem aimed to allow users to create their own utility tokens all through one dAapp. The[Read more…]
29
May
May
Five individuals now face the wrath of the Securities and Exchange Commission (SEC) by promoting digital asset securities without a license. Non-Compliance to Securities Law The suit was filed in the U.S. District Court of the Southern District of New York. BitConnect managed to raise more than $2 billion from retail investors without complying with[Read more…]
Join CryptoRich in his weekly series, “BSC Recap: Analytics and Analysis,” where he dives into data, graphs, and the latest projects, providing insight on the state of the BSC. Introduction Hello and welcome to this week’s recap. Although markets have been volatile, we can still see growth on the Binance Smart Chain (BSC). Let’s have[Read more…]
28
May
May
nspired by the cute 8bit dino running every time browsers lose Internet connection, a development team of all girls introduces a DeFi project called Dino Runner Fan Token ($DRFT). Introduction The first DeFi token founded and deployed by a team of girls, Dino Running starts to get its attention not only for the founders but[Read more…]
