Author Archives: BSC NEWS

Yield Optimizers Emphasize Stablecoin Yields as Market Corrects

The stability of these token yields offers a respite from the constant barrage of volatility hitting the market recently. Introduction The crypto-market has experienced negative price swings in recent times as FUD begins to spread. Many people have incurred losses due to market volatility, which has been caused by a variety of factors. Stablecoins present an alternative for the risk-shy[Read more…]

What Does the Market Correction Mean for DeFi?

As turbulence shakes the sector, let’s take a look at what the future of DeFi will draw from the corrections. Introduction After a period of sustained growth, the DeFi market witnessed a heavy correction in the past 48 hours. Coingecko shows that the market capitalization of the top 100 DeFi projects dropped 29% from $132 billion on[Read more…]

PancakeBunny Faces FlashLoan Exploit Resulting In 97% Correction

The popular DEX was sent reeling by the exploit, eroding trust in the safety of their smart contract. FlashLoan Exploit Details There has been another FlashLoan exploit on a Binance Smart Chain (BSC) platform. This time, PancakeBunny was exploited, resulting in the collapse of the coin price by more than 97%. This follows other recent hacks that have shaken the chain,[Read more…]

Crypto Market Free-Falls in Large Liquidation Event, Is The Bull Run Over?

Recent events have seemingly triggered a market crash, leading to questions about whether the landscape is entering a bear market. Free Falling Over the last 14 days, Bitcoin has dropped 29.8% and Ethereum has dropped 20.3% according to CoinGecko. At the time of writing this article, the market has bounced back a bit, up 7.96% according to CoinMarketCap.  Why has[Read more…]

MoonRat Hackathon and NFT Contest- $43k to be Won

MoonRat continues to spur innovation, offering a hackathon and NFT contest. These incentives aim to drive further value to the platform while also bootstrapping projects and users to the BSC ecosystem I. What is MoonRat Hackathon (for developers)? The MoonRat Hackathon is a competition where our team will evaluate projects based on their technical merits[Read more…]

WaultSwap Benefits From Increased Market Volatility Despite Large Correction

The DEX continues to see high volume despite the dips in price. WaultSwap Benefits from Increased Volatility A massive market correction is ongoing, with some tokens/coins losing nearly -90% from their All-Time High (ATH) thanks to the stretched bull run that has fuelled an incredible hype-driven market. The presently-bear market seems to be restoring some[Read more…]

Binance Smart Chain Recap Analytics and Analysis (05/20/2021)

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. Hello, another week with awesome growth to report on. We will look at prevalent data, showing growth, compare with Ethereum performance and have a look at[Read more…]

Binance Smart Chain Recap Analytics and Analysis (05/20/2021)

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. Hello, another week with awesome growth to report on. We will look at prevalent data, showing growth, compare with Ethereum performance and have a look at[Read more…]

Hodlers Network: Averting Deception of Their Holders Through Social Media Verification

Hodlers Network is built on the Binance Smart Chain (BSC) Network, it aims to solve the problem of scam activities that are becoming prevalent in the DeFi ecosystem via verification. What is Hodlers Network? Hodlers Network is an extra layer of protection for the investing communities, and a social network to help expose both new[Read more…]