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Binance-Backed Blockchain Completes Hard Fork to Mitigate Future Cross-Chain Bridge Hacks – Bitcoin News

The Bnb Smart Chain commenced the blockchain’s hard fork on October 12, at block height 22,107,423, in order to add a security patch to “mitigate the cross-chain infrastructure between [the] Beacon Chain and Smart Chain.” Binance and the Bnb Smart Chain suspended withdrawals and deposits on Wednesday in order to

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Binance-Backed DeFi Credit Union Platform Secures Partners, Funding Before Launch

Xend Finance, a Nigeria-based decentralized finance (DeFi) platform for credit unions and cooperatives, has secured new partners and funding as it prepares for its bid to bring high-interest savings opportunities to Africa.Set to launch its mainnet in March, the firm announced Tuesday that it has partnered with software service provider

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New Binance-Backed DeFi Site Lets You Earn Yield on Bitcoin, Other Non-Ethereum Assets

Kava Labs has launched its first application: a yield-generating decentralized finance (DeFi) platform for bitcoin and other non-Ethereum assets. The product, called Harvest and built on the Kava blockchain, allows users to stake their crypto so it can be lent out to other users. Harvest will initially support deposits of BTC,

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Binance-Backed Blockchain Auditing Firm Partners With Hyundai Subsidiary to Track Internet of Things Devices

Auditing firm CertiK and Hyundai subsidiary Hdac are teaming up to bring Internet of Things (IoT) devices onto a blockchain. Hdac’s blockchain platform attempts to combine secure authentication, seamless mapping and machine-to-machine transactions in a blockchain network with IoT devices. CertiK’s team of blockchain engineers worked closely with Hdac to audit

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