Cryptocurrency Analysis and News Portal
The runaway success of Binance Smart Chain has helped propel the exchange’s utility token to the top of the crypto market top ten, and has attracted some of the industry’s top projects to the chain already. The latest project to expand to Binance Smart Chain is leading DeFi protocol EasyFi. Here’s
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With this, the 1INCH token will serve as a bridge between the Binance Smart Chain and the Ethereum blockchain. Also, all features of 1inch Liquidity Protocol, 1inch Aggregation Protocol and all 1INCH staking features will become available to BSC users.The skyrocketing Ethereum gas fee has become a matter of concern
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As part of a wider exodus, the highest-profile Ethereum-native decentralized finance (DeFi) project yet has announced an expansion to Binance Smart Chain. In a press release today, the 1inch team revealed that they’ve ported 10 million 1INCH tokens (currently worth over $40 million dollars) to BSC. The tokens will be used
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Binance Coin (BNB) has been on an absolute tear in the month of February. It traded at $48.93 on Feb. 1 and grew to trade at $304 at the time of publication, amounting to a 521% month-to-date gain and 707% year-to-date gain.This price rally has led BNB to become the third-largest
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As decentralized finance continues to increase it hold on the wider cryptocurrency market, Binance Smart Chain (BSC) is beginning to emerge as a suitable option for traders looking to escape from high transaction fees on the Ethereum (ETH) network. With more attention being paid to BSC, DeFi projects operating on the
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This week Linear Finance (LINA) emerged as a viable competitor to Ethereum-based projects in the DeFi sector that find themselves hampered by congestion and high transaction costs. Data from Cryptox Markets and TradingView shows that on Jan.13 LINA was trading for $0.0135 with a 24-hour trading volume of $2.3 million. Since
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Decentralized finance (DeFi), the sector of crypto that drove all the excitement this summer, isn’t quite back to its old energy, but the lull is over.“Raw DeFi numbers are at all-time highs, and they’re not fake,” Alameda Research founder Sam Bankman-Fried told CryptoX in an email. “But in relative terms
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Theta, a blockchain that facilitates decentralized video streaming, recently updated its mainnet, adding a number of benefits. Theta’s mainnet now hosts smart contract capabilities, as of a block height of 8,411,427, Theta Labs said in a blog post on Thursday. (At time of publication, Theta’s blockchain shows a height of 8,411,845,
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Another decentralized finance (DeFi) project was rug-pulled Tuesday, with some $10.8 million in investor funds stolen due to a hidden backdoor in the project’s smart contracts.Compounder Finance – a self-described clone of Harvest and Yearn Finance built by pseudonymous programmers – had its contracts drained of $750,000 worth of wrapped
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MXC Foundation, a Berlin-based startup creating the data transmission infrastructure for tomorrow’s cities, is to launch a Polkadot
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