Another two platforms on Binance Smart Chain have been hit with flash loan attacks. Two BSC’s earliest Dexs were the targets. BurgerSwap reported that it was hit with a $7.2 million exploit at around 3am on Friday, while JulSwap says it was exploited in a similar manner. Both protocols are now faced with the prospect of trying to[Read more…]
Author Archives: BSC NEWS
BSC News
A Second Application for Ethereum ETF by WisdomTree Is Evidence of Increasing Interest from Mainstream Players
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May
May
The asset-managing firm continues to enter the crypto landscape, indicating the rising interest in cryptocurrency from established finance companies. WisdomTree Files For Ethereum Fund WisdomTree has followed the footsteps of VanEck, as the platform filed for an Ethereum Exchange-Traded-Fund (ETF) in the United States. This will be the second application for the Ethereum Fund after VanEck took[Read more…]
28
May
May
The reduction in the emission rate of WEX is expected to enhance the long-term sustainability of the token’s value. Introduction From a very modest beginning in early 2021 with a starting market capitalisation of only $150,000, the all-in-one hub for decentralized financial (DeFi) services Wault Finance has gradually established itself in the sector. On May 11, the[Read more…]
28
May
May
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…]
BSC News, BSC Projects
XEND Finance Continues To Expand On The Binance Smart Chain, Offers Impressive New APYs
28
May
May
XEND is sustaining its drive to strengthen its presence on Binance Smart Chain, building more partnerships and offering new liquidity pools to its users. Introduction The world’s first DeFi protocol for credit unions and cooperatives – XEND Finance, is steadily consolidating its goal to deliver the best value to its users. XEND, whose innovativeness secured[Read more…]
BSC News
South Korea’s Central Bank’s Governor Warns that Leveraged Crypto Trading Threatens the Country’s Financial System
28
May
May
It remains to be seen how his warning will affect the crypto market, seeing as South Korea has a growing presence in the sector. The Bank Warns Investors The Central Bank’s Governor, Lee Ju-yeol, spoke at a press conference in Seoul after a monetary policy committee’s meeting addressing concerns regarding leveraged crypto trading. The excessive[Read more…]
28
May
May
The tech giant has sent out a new job posting that many believe points to Apple expanding into crypto. Looking to Hire On May 25th, Apple published a job posting, but this job posting was special. What Apple is looking for is a, “Business Development Manager – Alternative Payments.” But it’s not really the title of[Read more…]
28
May
May
Ontology and HyperJump recently launched a liquidity incentive partnership program for users of both platforms with a reward pool of $190 000 in platform tokens. Ontology and HyperJump Liquidity Incentive Partnership In a Medium blog by Onto Wallet, the community has been offered lucrative farming and staking pools in partnership with HyperJump. The event offers $130 000[Read more…]
BSC News
Jose Fernandez, the Head of Cryptocurrency Announced that Paypal Will Soon Allow Withdrawal of Bitcoin out of Paypal
28
May
May
Paypal, one of the biggest payment solution companies in the world, took a giant step in embracing the adoption of crypto assets by allowing withdrawal from its platform. A Major Milestone in Crypto Adoption This announcement came seven months after Paypal first announced that they will be allowing its users to buy, sell and hold cryptocurrencies through their[Read more…]
28
May
May
Wault Finance announces a project to help fund tokens that choose to launch on WSwap with a 1 Million USD Grant. A $1M Funding Opportunity On May 26th, Wault Finance announced their plans to host a $1 million dollar USD grant in a program they’ve called, The Moon Fuel Program. The grant offered by Wault Finance has[Read more…]
