Tag: binance bridge

Aug 31 2022

The Latest Binance Bridge Review

The importance of interoperability in the blockchain and crypto space cannot be over-emphasized. Also, recent spheres like NFTs and decentralized finance (DeFi) further highlight the importance of interoperability in the decentralized tech space. Binance Bridge is designed to foster interoperability between the BNB Chain ecosystem and other top chains in the blockchain sphere. With the bridge, interested persons will be able to easily...

Aug 15 2022

Where to Park Your Money During a Bear Market?

The bear market is changing everything as we know it in the crypto space. Some of our favorite tokens now sell for less than half their previous price. And investing in new tokens now is proving to be a huge gamble. Investing during a bear market is a tricky experience. The bear market is not peculiar to the crypto space alone. It affects...

Jun 30 2022

Comparing Alternative Bitcoin Bridges and Wrapped BTC

Jun 30 2022 Published at Altcoin Buzz under tags  binance bridge defi wbtc

There are now many options to bridge Bitcoin for use on various blockchain networks. However, some have distinct benefits over others. In this article, we will explore the differences between Bitcoin bridges. Bridging Bitcoin provides a way to bring the asset to decentralized finance (DeFi). Native Bitcoin cannot be used in DeFi protocols, so it needs to be bridged, wrapped, or tokenized. Furthermore,...

Sep 09 2021

How To Transfer ERC-20 Tokens To the Binance Smart Chain With The Binance Bridge

Interoperability has emerged as one of the major functionality that any blockchain project should support. This feature helps the platform to broaden its wings to allow tokens/coins from other networks. There are many projects that were earlier confined to their network that are now planning to support...

Mar 04 2021

Binance Smart Bridge Goes Down After $31M Suspected Rugpull

Binance Smart Chain suffered a $31M suspected rug-pull today from Meerkat Finance resulting in direct losses of ~$14M BUSD and ~73.6K BNB. Now, users are reporting that the transfer bridge is down, leaving them stranded and unable to move funds....

Know a good blog/source that is not listed? Contact us or fill the form below to add one: