The ruling permits the Central Bank to go ahead with the launch of the eNaira, giving room for the petitioner to be compensated. Preliminary Victory The coast now seems clear for Nigeria to go ahead with its plan to launch the eNaira – Nigeria’s proposed Central Bank Digital Currency (CBDC). The launch of the eNaira, previously scheduled[Read more…]
Category Archives: BSC News
The process is an industry innovation by OpenDAO, giving even further utility to stablecoins through a unique minting scheme. Mint Your $USDO $USDO, the flagship stablecoin of OpenDAO, can now be minted by staking yield bearing assets as collateral on Binance Smart Chain.By generating yield on deposited assets, this makes it profitable for users to mint $USDO[Read more…]
Creators can now begin applying for the marketplace with their own NFTs. An Opportunity for NFT Creators The most prominent decentralized application (dApp) on the Binance Smart Chain (BSC), PancakeSwap’s Non-fungible Token (NFT) marketplace, is now accepting applications from NFT creators to list their collections under phase 2 of the marketplace. In this phase of the NFT market, owners of the collections[Read more…]
Involuntary giveaway of funds is a subsequent problem in crypto. For “not so much” funds, most senders can look the other way. However, when we are talking about crypto assets worth millions of dollars, then it is hard to forgo. Compound Labs is a new victim of an accidental $90M giveaway to its users due to a[Read more…]
Binance continues to hire personnel with proven track records to strengthen its community and move it forward. The community has hired the service of cyber-crimes expert recently to adhere to the exchange’s regulatory compliance. The platform has added another expert, Tigran Gambaryan, as the Vice President of its Global intelligence and investigations team. Tigran Gambaryan has[Read more…]
Lossless has shown just what they are capable of by helping an exploited DeFi platform recover some of their lost funds. After assisting CREAM Finance in securing substantial loss, Lossless showed that they can provide susceptible protocols. Cream Finance is a DeFi platform that allows users to loan and borrow crypto assets. The platform had[Read more…]
Yooshi GameFi metaverse has employed the services of a well-known Samsung Group employee. Samsung Games CEO Chikyu Bae has moved on to lead Yooshi Labs. The decision to bring in such a renowned person should provide Yooshi with a positive experience. Additionally, Bae serves as the Vice President of the Korea Blockchain Contents Association, demonstrating that[Read more…]
Digital Fiat for Lao, utilizing abundant hydro power the right way The Bank of the Lao People’s Democratic Republic (BOL) is exploring avenues to develop its own central bank digital currency (CBDC), reports Nikkei Asia. BOL’s CBDC plan is poised to enter a research study phase in partnership with a Japan-based fintech startup—Soramitsu. Blockchain finance specialist firm[Read more…]
The Kyrgyzstan government has introduced new electricity tariffs for their consumers. The Authorities state the rising demand for electricity coming from the Bishkek region’s crypto miners. So, Kyrgyzstan crypto miners will now pay for their electricity usage at a higher rate to operate crypto mining devices. Minting digital currencies is on a rise in Kyrgyzstan.[Read more…]
A slew of playful tweets by Beefy Finance and Moonpot indicate the release of forthcoming NFTs. NFTs NOT in the Pipeline For days now, the team behind Beefy Finance and Moonpot have been utilizing social media to tease the release of exclusive Non-Fungible Tokens (NFTs). To get a better handle on this, BSC News spoke to the Head of Strategic Partnerships at Beefy[Read more…]
