Base Chain TVL Surpasses Cardano As Interest Swells
Ethereum Layer 2 network “Base” has surpassed Cardano in terms of Total Value Locked (TVL) in just two weeks after its official
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BNB Chain Exploiter Liquidated for $30M on Venus Protocol
“As market is very volatile, there is a potential risk that if liquidated, this large portion of BNB may cause more cascading liquidations effect and unnecessary damage to the market and cause more risks to Venus, Venus users, BNB token and BNB Chain,” Venus said in a since-passed proposal in
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SpaceX’s Bitcoin dump triggers chain reaction, liquidations surpass $1 billion
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Cryptocurrency markets were jolted by SpaceX’s unexpected decision to divest its considerable Bitcoin holdings, leaving experts and enthusiasts alike questioning the rationale behind this move. As Bitcoin’s price plunged below $26,000 following the sale, a domino effect
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Curve DAO Scores $5 Million Boost From Binance, Eyes BNB Chain Expansion
In a strategic move to bolster the decentralized finance (DeFi) sector, Binance Labs, the venture capital and incubation arm of Binance, has
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What does the future hold for BNB Chain?
Episode 25 of Cryptox’s Hashing It Out podcast explores the BNB Chain ecosystem with Arno Bauer, the blockchain's senior solution architect.Bauer explains the rationale behind creating the BNB Chain and how the project intends to contribute to the Web3 ecosystem. Bauer addresses the competition in the space and explains that BNB
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BNB Chain hard fork to improve security & compatibility with EVM chains
Binance’s proprietary BNB Smart Chain (BSC) is set to undergo two hard forks through August 2023 that are aimed at reducing the possibility of a malicious blockchain reorganization and increasing the compatibility with other EVM blockchain networks.The Plato and Hertz upgrades are scheduled for Aug. 10 and Aug. 30 respectively,
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BNB Smart Chain hit with copycat Vyper attack, $73K exploited
The BNB Smart Chain (BSC) has reportedly suffered copycat attacks due to a vulnerability in the Vyper programming language, following a similar vein to the exploit on the decentralized finance (DeFi) protocol Curve Finance.Amid the exploits carried out on Ethereum, Blockchain security firm BlockSec tweeted on July 30 that around
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BNB Chain Burns Nearly 2M BNB Tokens
BNB uses an auto-burn system that aims to reduce its total supply to 100 million BNB, from the original 200 million BNB, over time. The auto-burn mechanism adjusts the amount of BNB to be burned based on BNB's price and the number of blocks generated on the BNB Smart Chain
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BNB Beacon Chain prepares to upgrade, hard fork will boost bridge security
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The BNB Beacon Chain, which Binance manages, is preparing for an upcoming hard fork that will introduce substantial enhancements to its blockchain network’s security and functionality. In an announcement on July 12, the “ZhangHeng” upgrade will
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BNB Chain to Tackle Blockchain Exploit Risks in Major July Hard Fork
“If a reconciliation error occurs, the blockchain will stop producing new blocks, impacting downstream services such as bridges, deposits, and withdrawals on exchanges,” developers wrote on GitHub. “This drastic action is necessary to protect the chain and its users, so core developers and community members should investigate the issue as
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