Tag: binance smart chain

Linear Finance is a decentralized delta-one asset protocol project. Interestingly, the project is on a mission to build a cost-effective, near- instant, and transparent platform for the exchange of synthetic assets. The team understands that DeFi (decentralized finance) offers new opportunities to explore derivative products like synthetic assets. Linear is built in a way that users can make, manage, and trade different synthetic assets....

At the time of press, Bitcoin is trading over $38,800, and the second-largest cryptocurrency Ethereum is trading close to $1,200. Let’s find out some interesting crypto news for today. Polkadot...

There are different projects that are starting to expand on the Binance Smart Chain (BSC). This blockchain network has been created in order to offer users and developers […]

The world's largest crypto exchange, Binance, has finally commenced shipping of its much-anticipated Visa cards to the EEA region. Now, European users will have access to the myriad of functions brought to life by Binance Visa cards. Interestingly, Ether-based payments can now be seamlessly carried out using the Visa card. According to an official Binance...

Quick take: The team at Binance will be considering ways of accelerating the BNB coin burn program The current BNB coin burn is done quarterly with the exchange destroying the equivalent of 20% of profits during that time period An accelerated coin burn program will have a positive effect on the value of BNB The CEO of Binance, Changpeng Zhao, has announced via...

Injective, a decentralized exchange protocol that unlocks full potential of decentralized derivatives and universal DeFi announced its partnership with Binance Smart Chain (BSC). According to the official announcement, this collaboration will accelerate the adoption of derivatives on BSC. Interestingly, Pantera Capital and Binance back Injective. As a matter of fact, Binance has played a critical role in Injective...

Quick take: Binance Smart Chain has successfully integrated ChainLink decentralized oracle network on its mainnet as its recommended oracle solution Binance Smart Chain can now support an ecosystem of externally connected DeFi applications ChainLink's price feeds and decentralized oracle network is at the core of DeFi and can prevent Flash Loan exploits The team at Binance has announced that they have successfully integrated...

Every holder of IDEX’s Ethereum tokens will get an equivalent number of exchange tokens for each of the new chains.

Ren Protocol recently announced that Multichain has been released into RenVM. The report on RenVM also said that new upgrades have been made on the RenJS library. As a result of the Multichain release and upgrades, new sets of assets and chains have become interoperable. The Multichain is here🎉 Bring...

World-renowned cryptocurrency exchange Bithumb Global will be among the first set of exchanges to support Binance's foray into the DeFi space. The world's largest cryptocurrency platform by trading volume, Binance, recently launched its DeFi arm known as Binance Smart chain (BSC). This is the exchange's way of getting in on the fast-rising DeFi sphere. According to...

Quick take: CZ has clarified once again that the Binance Smart Chain is not a replacement or killer of Ethereum He believes ETH2.0 will be awesome when launched and BSC is more like ETH1.8 Transactions on the Binance Smart Chain are 100% backward compatible, faster and have lower fees when compared to Ethereum According to DappRadar, the transaction volume of Binance Smart Chain...

Not a day goes by without the Malta-based cryptocurrency exchange, Binance launching a DeFi-based product. The platform has been on a roll with its decentralized finance [DeFi] expeditions. In the latest news,...

The Malta-based crypto-exchange Binance is now at the forefront of the DeFi wave despite being a hardcore centralized entity. One of the main initiatives that have helped bolster this is Binance Smart Chain [BSC]. In the latest milestone, the decentralized public blockchain appeared to be nearing $250K in terms of the total number of distinct The post Binance Smart Chain Unique Addresses Nears...

Gravity, the popular decentralized tech protocol, has announced a strategic partnership with Binance's recently launched blockchain platform. The blockchain platform testnet known as Binance Smart Chain (BSC) will be integrated with the Gravity network using an Ankr node....

Trust Wallet has announced the launch of a new governance mechanism that would enable holders of its native token (TWT) to participate in voting on proposals for its development, updates, and other matters. Trust Wallet, a mobile wallet application for ERC20/ERC223 tokens, made this announcement via an official tweet. It noted that “Trust Wallet Governance is here! $TWT holders can now vote on...

In a bid to build trust among transacting partners in the blockchain and crypto sphere, popular blockchain-based data validation platform VIDT has recently launched its NFTs on Binance Smart Chain. With fraud and other forms of manipulation a major issue in the blockchain and crypto ecosystem, the importance of trust cannot be over-emphasized. This is where VIDT Datalink Validation Service comes in. The...

C.R.E.A.M Finance Binance Smart Chain platform announced listing Yearn.Finance's native token YFI on its platform on the 18th of October. With this, YFI becomes the 18th token to be listed on the platform. According to the official release, users will have to use a web3 wallet that supports BSC, such as Binance Chain Wallet or The post Yearn.Finance's YFI Gets Much-Needed Boost As...

Leading cryptocurrency exchange Binance announced on Oct 17 that it has completed the 13th quarterly BNB token burn, which was also the largest ever in the exchange’s history so far, in terms of approximate USD value, however not in terms of BNB tokens. The team burned over 2.25M BNB tokens, representing 1.27% of the total supply and currently worth over $68M....

Quick take: CZ and the team at Binance, have carried out the 13th quarterly BNB coin burn 2,253,888 BNB worth $68 Million has forever been removed from circulation According to the project's whitepaper, the token burns will continue until only 100 million out of the initial 200 million BNB are left in circulation The quarterly coin burns are one reason many Binance Coin...

Quick take: Binance is carrying out a one of kind crowdfunding event that fuses its Launchpool and Launchpad platforms Beginning today, BNB holders can participate in the ALPHA token sale They can also stake their BNB, BUSD or BAND on the Binance Launchpool to earn ALPHA Binance Coin (BNB) stands to benefit from the double launchpad and Launchpool event and could retest $30...