Category Archives: BSC News

Decentralized exchange PancakeSwap to share trading-fee revenue with CAKE token stakers Decentralized exchange PancakeSwap is set to share a portion of its trading-fee revenue with stakers of its native token, CAKE, to enable them to earn more rewards. PancakeSwap said, beginning Aug. 9, fixed-term CAKE stakers will receive 5% of the trading-fee revenue from all[Read more…]

InQubeta: Dominating Crypto Telegram Channels In the competitive crypto market, Toncoin (TON) is a worthy contender whose activity has surpassed Binance Coin (BNB) and Ethereum (ETH), thereby attracting considerable investor interest. However, a new player, InQubeta, has gained significant attention in crypto-focused Telegram channels, generating discussions and curiosity among investors. This article delves into the[Read more…]

PancakeSwap Integrates with ZkSync Era for V3 PancakeSwap has recently announced its integration with ZkSync Era network for its V3, highlighting a new wave in the evolution of smart contract development via ZK-rollups. Benefits of the Integration ZkSync Era, an Ethereum Layer 2 network, is known for its rapid expansion and the unique benefits it[Read more…]

Binance’s Expansion in Japan On 25th July, Binance [BNB] CEO Changpeng Zhao “CZ” announced that the exchange will provide full services in Japan on its new platform, the Sakura Exchange Bitcoin, beginning August. Legal Victory for Ripple and BNB’s Price Rally Earlier, BNB’s price rose barely 7% after Ripple [XRP] secured a partial victory in[Read more…]

In a Significant Development for the DeFi Sector PancakeSwap, the leading decentralized exchange (DEX) on the Binance Chain, has announced its launch on zkSync Era, an Ethereum Layer 2 network. This move is set to enhance the scalability and efficiency of the DEX, offering users reduced gas costs and faster transaction times. PancakeSwap v3: Expanding[Read more…]

The German Federal Financial Supervisory Authority (BaFin) and Binance’s License Application The German Federal Financial Supervisory Authority, commonly known as BaFin, reportedly raised concerns and advised cryptocurrency exchange Binance to withdraw its licensing application. The concerns were related to Binance’s CEO, Changpeng Zhao, also known as “CZ,” and the company’s internal structure. BaFin’s “Fit and[Read more…]

The United States Securities and Exchange Commission (SEC) and Binance Respond to Eeon’s Lawsuit Intervention The SEC and Binance have recently submitted their responses in regards to the entity known as “Eeon,” which sought to intervene on behalf of customers in the SEC’s case against the cryptocurrency exchange. According to the U.S. District Court for[Read more…]

Introduction Binance has issued a crucial announcement regarding the upcoming wallet maintenance for the BNB Smart Chain (BEP20). The maintenance is scheduled to take place on July 31, 2023, at 07:00 (UTC) and is expected to last approximately half an hour. Continued Trading with No Disruptions Users can continue trading digital assets and currencies on[Read more…]

Introduction Although some consider the second quarter of 2023 a lost quarter, others find that the smart contracts industry remains resilient. Even though the crypto space suffered from lower investments from venture capital firms, developers continue to deploy smart contracts, signaling a growing demand for blockchain-based solutions. Verified Smart Contracts Surge In its Q2 report[Read more…]

BNB Chain’s Financial Struggles in Q2 BNB Chain, the native blockchain of the Binance [BNB] ecosystem, encountered some financial anguish during the second quarter of the year. According to the latest insight by Messari, BNB Chain’s total revenue decreased by 6.1% on a Quarter-on-Quarter (QoQ) basis. Fees and SEC Impact on Revenue According to the[Read more…]