Category Archives: BSC News

Binance Coin: Could this move by Binance clear FUD and help BNB rally?

Binance recently announced becoming a member of the ACSS. This move came after the FUD surrounding BNB due to the FTX collapse and SEC inquisitions. In recent weeks, there has been a lot of fear, uncertainty, and doubt (FUD) surrounding Binance Coin [BNB] after FTX’s [FTT] collapse and the downward trend of its native cryptocurrency. The collapse caused exchange[Read more…]

Immunefi Report: $3.9 Billion Lost in 2022 Across Crypto

Total exploits and incidents increased from 2021 across the metrics while BNB Chain and Ethereum shared the brunt of the attacks. Immunefi Reports $3.9B Lost The Crypto Losses in 2022 Report from Immunefi has reported a total of $3.9 billion USD of value lost in 2022, with more than half of the value lost in[Read more…]

Binance Margin Adds Collateral Haircuts on Cross Margin

Binance will add the new feature as a risk control mechanism to users. Collateral Haircuts Introduced by Binance Binance announced it will introduce collateral haircuts via Binance Margin for all borrowable assets on Cross Margin. The collateral haircuts will not open immediately, with the full impact of the new ration valuation mechanism coming on January[Read more…]

This week in markets: Bitcoin, crypto prices inch higher as Silvergate woes worsen

Crypto prices rose over the past week as equities fell on a plethora of negative news. Bitcoin was changing hands for $16,910 at 7:30 a.m. EST, according to data via TradingView. The leading cryptocurrency by market cap was up 1.9% over the past seven days. Crypto Heatmap chart by TradingView Ether jumped 5.3% in the[Read more…]

Liquidifty NFT Marketplace Tops BNB Chain Over Last Week and Month

Liquidifty crushes the marketplace competition with transactions and total volume. Liquidifty Towers Over NFT Competition Liquidifty crushed the Non-Fungible Token (NFT) marketplace opposition over the first week of January 2023, continuing a trend that started at the end of 2022. The Web3 gaming NFT platform took in $659k in trading volume between Dec. 30-Jan.5, according to data shared by BNB Station.[Read more…]

Hedge Funds Subpoenaed By US Investigators in Binance Probe

Federal prosecutors have requested communication records from investment firms connected to the world’s largest exchange. Binance Probe Reaches Hedge Funds US Federal Investigators have issued subpoenas to hedge funds connected to Binance in an ongoing money-laundering probe. Prosecutors have come after American hedge funds to examine dealings with Binance that could have potentially violated money-laundering[Read more…]

How to Protect Crypto Projects from Insider Threats

Take advice from the security experts at CertiK on how crypto projects can protect from insider threats of all kinds! Let’s dive in! Not all threats come from external sources. Some of the most devastating can come from inside a project team, from a trusted member of the group. A vital element in reducing the[Read more…]

Decentralized Identity (DID): The Next Generation of Digital Identity Is On the Horizon

DID is short for Decentralized Identity, a digital identity without a centralized institution as the final guarantor. We can also understand it as an extension of the Web2 concept of “user profiling” in Web3. DID: Next-Gen Digit Identities The explosion of DeFi in 2020 has accelerated the development of blockchain applications and brought more and[Read more…]

Shiba Confirms Shibarium Transactions Will Burn $SHIB, Use $BONE Gas

Shibarium Network devs confirmed that all transactions on the upcoming layer-2 blockchain will burn $SHIB and only use $BONE for gas. Go Shiba Inu! Layer-2 Network to Support SHIB The Shiba Inu community couldn’t be more amped about the impending launch of the Shibarium Network. Especially not after developers confirmed that all transactions on the layer-2[Read more…]