Category Archives: BSC News

Munch Charity Token Community Choose Save the Children as Charitable Cause

DeFi should be about more than just memes and green arrows. Learn more about Munch to find out how to give back. Munching for the Children The community for the Munch Charity token has picked the Save the Children Fund as the next charitable cause to receive the benefits from the Munch ecosystem. The voting occurred over three days[Read more…]

JetSwap Partners with North American Esports Organization, Extra Salt

JetSwap picks a winning squad as the nascent Counter-Strike team has won several tournaments already in 2021. Cryptocurrency Joins Forces with E-Gaming The Jet Swap Finance Ecosystem has announced a partnership with Extra Salt, a popular Esports organization in North America. The fit between crypto and video games is natural. Both Extra Salt and JetSwap came together via[Read more…]

Cryptonomics: What is a Decentralized Application (DApp)?

DApps indistinguishable on the outset from normal applications but with a wholly different feature set and aspirations. Here’s a beginner’s look at DApps. DApp: The Basics A Decentralized Application (DApp) is an application built on a decentralized network that combines smart contracts with user-interface that can function like traditional applications. There are a few inalienable[Read more…]

What AMAChella Taught Us about the Future of NFTs on Binance Smart Chain

During the latest AMAChella at BSC.News we spoke with a number of projects taking NFTs to the next level on Binance Smart Chain. Here’s what we found out about the future of NFTs on BSC. NFTs a Major Theme The BSC.News AMAChella on Friday 17th strongly featured non-fungible tokens (NFTs) with no less than three projects utilizing NFTs in their[Read more…]

Binance Hires Europol’s ex-Dark Web Specialist

Europol’s Dark Web Specialist Nils Andersen-Röed is Binance’s New A&I Director Binance is leaving no stone unturned in reinforcing its endeavour of emerging as a global, fully-compliant financial institution. Binance is building stellar human capital in its Audit and Investigations unit. World’s largest cryptocurrency exchange earlier hired Aron Akbiyikian (a former Californian detective) as Director, Audit & Investigations[Read more…]

Stefan Qin, Founder of Ponzi Crypto Hedge, Found Guilty of Defrauding Over 100 People

Stefan He QIN, owner of two cryptocurrency investment funds, was sentenced to seven and a half years imprisonment. Qin was charged with defrauding over 100 investors in one of his investment funds. To cover up his fraudulent dealings, he attempted to transfer funds from the second investment fund to pay back investors. He pleaded guilty[Read more…]

Layer 1 Defi Network Yet to See the End of Airdrop Scams

Airdrop scams have become very rampant in recent times and, unluckily, some crypto investors have been a victim. Like most scams, airdrop scams make use of “juicy” value to attract people to try to exchange the token so they end up losing their crypto assets.  I once scanned my trust wallet and found a new[Read more…]

El Salvador Rises to Become the Third Holder of Bitcoin ATM Installations Worldwide

The race for more financial efficiency continues in El Salvador. The country has not limited its support for digital currency to Bitcoin adoption alone, but has gone to install over 201 Bitcoin ATMs in just a month. This puts them in third place just behind the United States and Canada as the country with the[Read more…]

Binance Braces for Regulatory Rigor

Start-up to a regulated financial institution, Binance embraces global compliance Binance Holdings Limited has been subjected to regulatory scrutiny across jurisdictions quite often lately. Globally, regulators are duly checking if or not Binance is operating as a licensed, registered, and regulated crypto exchange. Ensuring consumer protection and curbing illicit activities are major regulatory interests of[Read more…]

BiShares Revs Up Before Major Month of October Ahead

On top of the first indexed GameFi fund on BSC, BiShares looks to keep innovating in the index industry of decentralized finance. Boost From GameFi Fund The BiShares platform with indexed Binance Smart Chain (BSC) ETF funds has caught the eye of some early investors this past week. BiShares is a platform for users to begin edging into different[Read more…]