Category Archives: BSC News

Regulatory heat on the crypto industry intensified in the previous quarter. Facing the brunt are several sectors, including the DeFi and NFT, that demonstrated a troubling state. The blockchain gaming sector, on the other hand, appears to have remained unshaken in the face of the turmoil. Gaming Dominates the dApp Market According to a DappRadar[Read more…]

Risks on Centralized Exchanges and the Importance of Decentralized Wallets As crypto investors face risks on centralized exchanges and seek opportunities like earning airdrops from applications, many are turning to decentralized wallets to regain control over their assets. However, ensuring the security of these wallets presents a serious challenge. Understanding Revoke and Rabby Revoke and[Read more…]

FUD and External Pressure Unites the Binance Community, CZ Claims Changpeng Zhao – CEO of crypto exchange Binance – believes his company has formed “a tight team” partly due to the “Fear, Uncertainty, Doubt” (FUD) that surrounds it on a regular basis. The firm has been coping with regulatory issues with the US Securities and[Read more…]

Compared Increase in SHIB Burns Compared to last year, in 2023, SHIB burns, both weekly and daily have seen a substantial increase. This year, weekly burns have reached several hundred million SHIB. However, over the past week, the burn rate has decreased by nearly 76%. 200 Million SHIB Sent to Dead Wallets According to a[Read more…]

The Largest Cryptocurrency Exchange: Binance’s Latest Report The largest cryptocurrency exchange in the world by volume, Binance, has recently published its latest report. The report provides important information about the current sentiment of users. So what does the last report tell us? Are entries into cryptocurrency markets still ongoing? Here are the details. Binance Reserve[Read more…]

In the ever-evolving world of cryptocurrencies, Binance, one of the industry’s leading exchanges, has recently faced a series of executive departures. This news has stirred interest and speculation about the company’s internal dynamics. Binance CEO, Changpeng “CZ” Zhao, took to Twitter to address the situation and shed light on the reasons behind these personnel changes.[Read more…]

Jacob Shiach Introduces Union Finance’s Permissionless Credit Protocol Jacob Shiach, CEO of Union Finance, introduced Union Finance’s permissionless credit protocol, which aims to facilitate decentralized lending by leveraging trust and coordination among individuals, DAOs, and contracts. Shiach presented a speech on uncollateralized lending and leveraging friendships for fun and profit at the ETHBarcelona conference. Exploring[Read more…]

Increase in Crypto Attacks Highlights Growing Interest in Crypto and DeFi In the second quarter of 2023, the crypto sphere experienced a 65.3% year-on-year increase in the total number of cyber attacks, according to a new report from web3-focused bug bounty platform Immunefi, via The Block. This uptick underscores the growing interest in crypto and[Read more…]

Increase in Crypto Attacks Highlights Growing Interest in Crypto and DeFi In the second quarter of 2023, the crypto sphere experienced a 65.3% year-on-year increase in the total number of cyber attacks, according to a new report from web3-focused bug bounty platform Immunefi, via The Block. This uptick underscores the growing interest in crypto and[Read more…]

The Rise of Theft Scams and Rug Pulls in the Crypto Industry The development of the crypto industry has been accompanied by an increase in the number of theft scams and “rug pulls,” both of which continue to be an issue. Notably, malicious actors were responsible for the theft of $313 million from DeFi during[Read more…]