Category Archives: BSC News

A-Z of how the BNB Chain fared in September

BNB Chain, home to leading decentralized exchanges PancakeSwap and Venus Protocol, closed Q3 with growth in some of its ecosystem metrics. According to the decentralized finance (DeFi) analytics platform AnalytEx, BNB Chain recorded growth in its number of daily transactions. It also recorded growth in the number of unique wallet addresses, and daily block count in September. The Chain,[Read more…]

All the ways in which BNB’s face-off with this resistance level will unfold

Binance Coin is the 4th largest cryptocurrency by market capitalization. The exchange token has seen sideways movement on the price charts for nearly a month now as it formed a range between $260 and $300. At press time, the price approached the psychological $300-resistance once more. Despite the bullish momentum of the past few days, however, Binance[Read more…]

Evaluating the Q3 performance of BTC, ETH, and BNB

Although the broader financial market experienced a downturn in the last quarter, data from CoinGecko showed that the global cryptocurrency market capitalization rose by 9% within the 90-day period. Interestingly, despite the growth in the global cryptocurrency market capitalization, the leading cryptocurrency asset Bitcoin [BTC], closed the quarter with a decline in its price. According to cryptocurrency research[Read more…]

VICEDAO Staking Pool & listing on SafeSwap Swapping Protocol

SafeSwap has launched a staking pool over the next 90 days. [Stake VICEDAO] Earn VICEDAO Pool. You can find this pool on SafeSwap on the following page: VICEWRLD DAO will be governed by the $VICE token holders and will progressively become more decentralized over time where control over the treasury and the core decision[Read more…]

Liquid Collectibles Sees 60% Drop in NFT Demand for September

Continued decline in the cryptocurrency market, has meant investors moving away from the speculative assets class. Liquid Collectibles logs decline In September, the total NFTs traded on Liquid Collectibles, the NFT liquid market maker on BNB Chain, was 296. This represents a 62% decline in NFTs sales count from the 480 traded on the platform in[Read more…]

Transit Swap Managed To Recover 70% Of Stolen Funds After Exploit

On Sunday, the multichain decentralized exchange aggregator Transit Swap suffered an exploit resulting in $23 million losses. But fortunately, the project’s team managed to recover 70% of the stolen funds on the same day with the help of several blockchain security firms, which facilitated the platform immediately after the incident.  The blockchain security firms which assisted the Transit Finance[Read more…]

Weekly Analysis of Binance Ecosystem (Sept. 23-29)

BNB Chain performance and Binance ecosystem updates from the last week, including users, transactions, news and price movement. BNB Chain Key Data Highlights Here are some key metrics of BNB Chain’s performance between Sept. 23 and 29: Weekly Active Users: The count for Weekly Active Users (WAU) on BNB Chain rallied by 2% last week. The[Read more…]

Peak Performance! Weekly Newsletter From Kabezo

“Inflation is like toothpaste. Once it’s out, you can hardly get it back in again.”-Karl Otto Poehl For anyone with macro-geek interests, this week’s main event was the Eurozone flash September HIPC inflation reading, which came in at 10.0%. The core measure, which excludes food and energy, was 4.8%. Market reaction to the first double-digit[Read more…]

How Vulnerable Are Yield Farms? Past Exploits, Steps to Improve Security

How safe are yield farms? What are the common causes of exploits? What are projects doing to improve the security of their yield farms? Learn more here! Vulnerability of Yield Farms By giving investors a new platform to diversify their portfolios, the promise of Decentralized Finance (DeFi) is starting to take shape. However, with the rise in[Read more…]

Transit Swap ‘hacker’ returns 70% of $23M in stolen funds

A quick response from a number of blockchain security companies has helped facilitate the return of around 70% of the $23 million exploit of decentralized exchange (DEX) aggregator Transit Swap. The DEX aggregator lost the funds after a hacker exploited an internal bug on a swap contract on Oct. 1, leading to a quick response from the Transit Finance team along[Read more…]