Binance Smart Chain News

Smart Contract Bug Opened Up Swap Aggregator to $29M Hack

CZ Says Move Will Stoke Liquidity But Critics Cry Foul

Jigger Research Finds Bots Rife on Binance and Polygon

U.K. Chancellor Introduces Bill To Govern Pegged Tokens

Key Metric May Signal Fading Confidence in Sector

This primer will show you one of the most popular moves in DeFi.

DEXs are moving in recent market action.

Terra and Fantom have rebounded in the last seven days but overall DeFi TVL's uptick is modest.

First they made a chain because of that cool kid Hayden. Then they realised it didn’t work very well so they made another chain. And that was cool because it was cheap. Then people realised it didn’t work very well. So they made another chain which was actually the other two chains but with a…

Terra continues to defy the crypto selloff with its TVL surging 43% and surpassing Binance Smart Chain.

The DeFi markets are mired in the worst weekly slump since October highs.

Metaverse and plat-to-earn game tokens took big hits in the latest crypto selloff.

Sablier is bringing "payroll streaming" to Polygon and Binance.

This week's markets roundup reports on Ethereum's burn rate and the mixed performance of top tokens like Solana and Aave.

The victims of a 2017 hack - Aeternity, Edgeless, and Swarm City -have offered a bug bounty to recover their stolen ETH.

Binance, the world’s largest cryptocurrency exchange, has allocated $1 billion in funding to a new growth fund that aims to kickstart the next phase of expansion for Binance Smart Chain (BSC). According to the announcement, $100M will be earmarked for talent development to enable a “new generation of crypto-native professionals to push crypto adoption forward.”…

On-Chain Markets Update by Lucas Outumuro, IntoTheBlock Smart contract platforms’ tokens have been amongst the top performers of 2021. While Ether has recorded a remarkable 330% return year-to-date, newer platforms such as Solana, Avalanche and Terra have seen their tokens grow over 1,000% in 2021. The rise in these platforms has been driven initially by…

The Layer 1 blockchain Harmony unveiled a $300M ecosystem fund today to back startups working on applications and protocols. There are many large blockchains now, but to a certain degree each one is a bit of a walled garden, Stephen Tse, Harmony’s founder told The Defiant, via a spokesperson. “Harmony was purpose-built so that developers…

DeFi is getting easier for CeFi users.  Crypto’s largest centralized exchange, Binance, now allows users to withdraw and deposit Polygon’s MATIC token directly from and onto the protocol’s proof-of-stake mainnet. Previously users needed to go through a multi-step process, either utilizing one of Binance’s two blockchains or swapping for Ethereum-based versions of MATIC when withdrawing…

A race is under way in DeFi innovation. Established players and upstart newcomers alike are in the running.  Gelato has been tinkering with use cases since 2019 and launched its production-ready V1 last July. Meanwhile, Keep3r network has been executing its own solution since late October 2020. And just last month Chainlink announced an Open…

Over the weekend, DeFi traders lost more than $11M across two hacks on Binance Smart Chain (BSC).  On July 10, Anyswap, a decentralized cross-chain protocol, suffered a hack worth nearly $8M of USDC and MIM (Magic Internet Money), a lesser known stablecoin. The exploit happened in the protocol’s new V3 cross-chain liquidity pools. According to…

Anyone in DeFi is probably familiar with the rug pull — the scam in which crypto developers abandon a project and vanish with investors’ tokens and funds. Now say hello to the “soft rug.” In this new breed of grift a project’s founders simply dump their tokens and exit a project instead of taking control…

Upshot: Uniswap and PancakeSwap have become household names in decentralized exchanges but a new crop of platforms are coming online with the promise of lower fees and more pricing transparency. With gas prices making headlines throughout the first half of 2021, it’s worth taking a deeper dive into what your options are when trading across…

First came the tweet, then countless discussions and debates followed. Within days, voila! A governance proposal materialized. This pattern is rapidly becoming the norm for DeFi protocols. This time the initiator was Sam Kazemian, the founder of Frax Finance,  a protocol for a fractional-algorithmic stablecoin. His tweet suggested that Sushiswap, the automated market maker, should…