Author Archives: BSC NEWS

BarbecueSwap.Finance: A New Yield Farming AMM Platform on Binance Smart Chain

Binance Smart Chain (BSC) protocol, Barbecueswap.finance, has seen tremendous growth in a short amount of time. Let’s dive into some of the contributing factors for this rise. Barbecue Surges in TVL Yield farming protocol, BarbecueSwap, has witnessed extraordinary growth in a 15 day period. A surge in both users and transactions rocketed the Total Value Locked[Read more…]

Coinbase Offers Greater DeFi Access Through a Coinbase Wallet Chrome Extension

Coinbase aims to empower users by creating greater transaction efficiency through their new Google Chrome Wallet Extension. Coinbase’s Wallet Extension Now On Google Chrome On May 17th, Coinbase announced they would be offering their Coinbase Wallet as an extension on Google Chrome. The feature aims to enhance user experience when buying, selling and exchanging crypto.[Read more…]

NFTb Secures Investment Under the $100M Fund set-up to boost the BSC ecosystem

12th May , 2021 — Singapore — NFTb, the leading NFT marketplace built for speed and affordability on Binance Smart Chain has raised initial funds led by Binance Accelerator Fund with participation from Spark Digital Capital, Next Ventures, Metaconstant Ventures, and Rarestone Capital. Premium NFT Marketplace for the Growing BSC NFT Ecosystem Launched in April 2020,[Read more…]

Victims of Latest DeFi (bEarn.Fi) Exploit Receive Assurance of Complete Compensation

This attack bEarn exploit resulted in a loss of approximately $11 million which was immediately met with an assurance that victims will be compensated. BUSD Alpaca Strategy Exploit It was just weeks ago when Spartan Protocol was exploited and $30 million was drained from its liquidity pool. Now, another DeFi protocol on the Binance Smart Chain became[Read more…]

AutoFarm Adds New Vaults from Wault Finance and PancakeSwap

AutoFarm, a massive low-fee yield farming aggregator, announced they would be adding 17 vaults to their platform from Wault Finance and PancakeSwap. New Vaults  On May 15th 2021, AutoFarm came out with the news that they would be adding more vaults to their platform. The news is good for Wault Finance and PancakeSwap , as more exposure should help[Read more…]

FinNexus Contract Deployer Exploited, Sending Token in a -90% Spiral

Twitter user Igor Igamberdiev is famous for his investigative research in the past, including the ValueDeFi contract exploit. He was the first to report a contract deployer exploit on the FinNexus platform. FinNexus Exploit A Tweet by Igor, who goes by the username FrankResearcher, was the earliest warning sign about a possible FinNexus code exploit. It hinted[Read more…]

FEED Token: A Charity Project Based on Blockchain, FEEDing the World

The year 2020 was marked by untold economic collapse, hunger, and sickness caused by the coronavirus. FEED Token will be the hope many seek in the real world, backed by a doxxed team; the project aims to feed the world’s hunger. What is FEED Token? FEED Token provides one of the three necessities for life: food.[Read more…]

Trading Toolkits: Asset Allocation And Diversification

In order to maximize returns, investors have a lot of variables that they need to take into account. How they distribute their assets can be the key to their success. Introduction A common saying in investment circles is, “do not put all your eggs in one basket”. That statement is fundamental to the success of[Read more…]

How to Earn High Yield on BSC Through Stablecoin Farming

There are a handful of projects that can help boost stablecoin yield portfolios, each focusing on their own attributes. Introduction Stablecoins are becoming a big business. The stablecoin market has grown from $5 billion at the start of 2020, to $28.9 billion at the beginning of 2021, to over $92 billion at time of press.[Read more…]

Cryptonomics: Short Squeeze Explained

An understanding of short squeezes can help avoid their implications in the market. The phenomenon is accompanied by a sharp increase in price due to short selling. Introduction  The concept of “short selling” is a very profitable scheme for traders. It allows traders to make a profit from the price decline of a particular asset.[Read more…]