Tag: binance smart chain

Jul 23 2021

Binance Smart Chain Daily Transaction Count Grows by 92% in One Month

The daily transaction count on the Binance Smart Chain has increased by 92% in one month Active daily addresses on the Binance Smart Chain have increased by 33% in the same time period Dapps on the Binance Smart Chain are growing with games and play-to-earn applications leading the rest in unique wallet interactions 4 of the top 5 games on the Binance Smart...

Jul 20 2021

Binance has Now Burned Approx. $1B Worth of BNB in 2021

Binance recently carried out its 16th BNB coin burn worth $393,673,653 This was the second coin burn of 2021 with the 15th coin burn (Q1) being worth $595,314,380 The two coin burns add up to a total of roughly $1 Billion of BNB destroyed The reduction in supply is bullish for the long term value of BNB However, short-term, Binance Coin faces a...

Top Binance Smart Chain (BSC) Updates | July Week 3

Binance Smart Chain (BSC) continues to produce significant developments. To keep users informed of the latest developments concerning BSC, Altcoin Buzz has compiled the latest updates from last week. During the week, the best Binance Smart Chain (BSC) projects for the year were revealed. There was also an announcement about the migration of the Gnosis Safe on the BSC platform....

Jul 17 2021

Binance USD (BUSD) Becomes a Top 10 Crypto, Market Cap Exceeds $11B

Binance USD (BUSD) is now ranked 10th on Coinmarketcap Binance USD's market cap has exceeded $11 Billion There are now three stablecoins in the top 10 rankings according to market cap The use of Binance USD in DeFi is gaining popularity The Binance USD (BUSD) stablecoin is now a top 10 digital asset on Coinmarketcap. Binance USD now has a total market cap...

Binance Smart Chain Among The Biggest Losers in Q2 as DeFi Plunges

Key takeaways: Binance’s decentralized finance (DeFi) ecosystem had a short- lived success, as regulatory obstacles and Ethereum play a pivotal role in shrinking its market share. According to Messari’s Q2 DeFi...

Jul 15 2021

Binance Smart Chain (BSC) Was the Most Used Blockchain in Q2, 2021

The Binance Smart Chain led the rest in unique active wallets in Q2, averaging 421k Dapps on the Binance Smart Chain continue to grow, hitting 1,464 by the end of Q2 PancakeSwap is the top protocol on the Binance Smart Chain driving 28% of BSC's total value locked PancakeSwap is also the most used Dapp across all blockchains Gaming and NFTs are slowly...

Jul 14 2021

ChainSwap Loses Several Million Dollars in the Latest Hacking Attack

News of hacking attacks and scams are unfortunately nothing new when it comes to the crypto industry. Hiding in anonymity, malicious actors have been able to use various loopholes to exploit traders and protocols in the sector since the beginning. The latest victim of a hacking attack was ChainSwap, a platform that acts as a bridge for multiple chains, most prominently connecting Ethereum...

Top Binance Smart Chain (BSC) Updates | July Week 2

Binance Smart Chain (BSC) continues to produce significant developments. To keep users informed of the latest developments concerning BSC, Altcoin Buzz has compiled the latest updates from last week. During the week, Venly (formerly Arkane Network) launched a marketplace that supports NFTs on Binance Smart Chain (BSC). Also, MyEtherWallet announced that its latest version support BSC. 1 – Venly (Formerly...

Jul 12 2021

DAFI Protocol Super Staking Live on Ethereum

DAFI Protocol officially launches its Super Staking on the Ethereum (ETH) blockchain. This launch follows months of hard work and commitment by DAFI Protocol team members. It is important to note that DAFI Protocol first launched its Super Staking on June 30, 2021. Therefore, making it possible for users to enjoy incentives on...

Jul 09 2021

Unique Addresses on the Binance Smart Chain Hit a New ATH of 83.152M

Unique addresses on the Binance Smart Chain have hit a new all-time high of 83.152 million However, the daily transaction count on the Binance Smart chain has dropped by 66.38% since its peak value in mid-May Total value locked on the Binance Smart Chain now stands at $25.933 Billion and has dropped by 51.4% since its peak value of $57.374 Billion in mid-May...

Immunefi to support bug bounty programs for Binance Smart Chain (BSC)

Jul 09 2021 Published at CryptoNinjas under tags  binance smart chain immunefi security

Immunefi, a bounty and security services platform for cryptocurrency, announced today it will support Binance Smart Chain (BSC) to enhance the security posture of projects building on top of BSC. BSC projects such as PancakeSwap, C.R.E.A.M. Finance, Zapper, ApeSwap, PantherSwap, PancakeBunny, DODO,...

Jul 08 2021

Binance Smart Chain vs Polygon

For a long time, Ethereum has been struggling with the problems of high fees, slow transactions, and low scalability. Platforms like Binance Smart Chain (BSC) and Polygon (MATIC) have gained popularity among developers, especially in the decentralized finance (Defi) sector. They try to solve Ethereum- associated issues. Also interesting is the fact that daily transaction counts on the Binance Smart Chain and Polygon networks...

Jul 07 2021

Top Binance Smart Chain (BSC) Updates | July Week 1

Over the past week, there has been significant development concerning Binance Smart Chain (BSC). To keep users informed of the latest developments relating to BSC, Altcoin Buzz has compiled the latest updates. Among the updates, the $BNB staked on Binance Smart Chain (BSC) reached a new landmark. Also, PARSIQ's IQ Protocol launched on the Binance Smart Chain...

Jul 06 2021

Jul 01 2021

BSC, Polygon Eclipse Ethereum in Daily Transactions Due to Lower Fees

Binance Smart Chain and Polygon networks are continually eclipsing Ethereum in daily transaction count In mid-May, BSC had a peak daily transaction count of 12 million, Polygon had 9 million whereas Ethereum had roughly 1.75 million The majority of the daily transactions on these networks are happening through Dapps Binance Smart Chain and Polygon have experienced a remarkable increment of new Dapps in...

How to Swap and Add BakerySwap Liquidity

BakerySwap is a DeFi platform that allows users to do a wide variety of activities using a single interface. The platform allows the users to exchange tokens, provide liquidity, and farm. Not only this, it allows the users to mint NFTs and has its own NFT marketplace. The platform is based on Binance Smart Chain. BakerySwap is based on the AMM (automated market...

Top Binance Smart Chain (BSC) Updates | June Week 4

Binance Smart Chain (BSC) continues to produce significant developments. To keep users informed of the latest developments concerning BSC, Altcoin Buzz has compiled the latest updates from last week. Binance Smart Chain (BSC) recorded a notable achievement in terms of completed transactions last week. Additionally, the BSC Martian Program was introduced, along with a new partnership....

Top Crypto News: 06/30

A significant number of developments took place in the crypto space today. Bitcoin price has decreased by 3.6% and is trading at $34,877. However, Ethereum is up 2.9% over the last 24 hours and is trading at $...

Jun 29 2021

How to Do PancakeSwap Farming

In the previous part of this series, we explained how you can swap your BEP-20 tokens and add liquidity into the PancakeSwap pools. In this article, we will explore how you can stake your LP tokens and earn more rewards. Farm PancakeSwap allows the users to stake their LP tokens and earn more rewards. You...

Jun 28 2021

Testnet of trading and lending protocol Lendefi now live on Binance Smart Chain (BSC)

The team of Lendefi, a protocol delivering leveraged trading and secured lending for cryptocurrency markets, today announced that its protocol has now been deployed on the Binance Smart Chain testnet. Utilizing an undercollateralized loan model, Lendefi facilitates a trustless relationship between lender and...

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