Author Archives: BSC NEWS

Xend Finance Releases New Website Optimized for the User

The world’s first decentralised finance platform for credit unions and cooperatives, Xend Finance, has optimised the look and feel of its website. This change was made in response to the growing community supporting the project. New Site In a bid to improve the user-experience of its website, new Decentralized Finance (DeFi) startup Xend Finance has recently announced a makeover[Read more…]

Uniswap and PancakeSwap Lock Horns, Battling for #1 DEX Spot

The rivalry between the two top Automated Market Maker (AMM) and Decentralized Exchange (DEX) Uniswap and Pancakeswap is far from over. The flippening, subtle competition, and healthy rivalry are fun to see and learn from these two giants. PancakeSwap Twitter Follows Flip Uniswap’s  In cryptocurrency and blockchain, Twitter is an essential social media where the buzz, the[Read more…]

Spartan Pools v1 Exploited Using Flash Loans, $30m Hacked.

Binance Smart Chain (BSC) network has experienced another hack with the recent Spartan Pool exploit. The exploit appears to be a sophisticated and expensive one as details unravel. Spartan V1 Pools Exploited The Tweet from Spartan Protocol signalling to the Crypto Twitter (CT) community of a code exploit that successfully drained the V1 LP pool[Read more…]

Injective Protocol Partners with UMA Protocol

Injective, a decentralized derivatives exchange, has announced its partnership with UMA, a universal market protocol. The collaboration between both protocols will promote the launch of innovative synthetic products and bridge gaps between DeFi and synthetic assets. The Partnership  The new partnership will bridge the gap between decentralized finance (DeFi) and synthetic assets. This means that[Read more…]

Aries Financial: Combining the Best Utilities of DeFi in One Application

Aries Financial is a decentralized financial platform initially built on the Ethereum network; it provides yield farming, staking to users. Compound Interest  It’s such a fascinating thing what compounding can do over the long term. Compounding is dubbed the 8th wonders of the world and is well replicated and perpetuated in nature. It’s the secret[Read more…]

Swamp Finance Releases 10 New Vaults

Swamp Finance announced it has added ten new PancakeSwap vaults to its platform. The yield optimization protocol announced the latest development on the 29th of April 2021 via Twitter, giving users more options to farm yields. Swamp Finance Announces Addition of 10 New Vaults  In a Tweet made on Thursday, the 29th of April 2021, the yield[Read more…]

Fortress Credit and Lending Project Insight

JetFuel Finance, a Binance Smart Chain deflationary yield-farming and decentralized lending ecosystem, recently launched its feature-filled crypto-lending platform, Fortress. Introduction In the early days of blockchain technology, bitcoin and other cryptocurrencies were of limited application. They were mainly used for peer-to-peer transfer of value without going through the constraints of a central authority like banks.[Read more…]

PancakeSwap Prediction Market is Live

PancakeSwap announced the Beta Phase of their new Prediction market tool is now live. Prediction of market prices going up or down is a market that has yet to be fully realized. PancakeSwap Prediction seems to be making strides forward into this sector, offering users even more versatile trading options. PancakeSwap Prediction Market The prediction[Read more…]