BNB Outperforms Other Smart Contract Networks in Second Quarter 

Binance-backed blockchain network BNB Chain is outperforming other alternative smart contract platforms, according to the latest report from Messari. According to the report, BNB appeared to have benefited from the crypto market decline recorded during the quarter, describing it as a “break out quarter” for the blockchain network. NFT Growth Despite the volatile nature of the … Read more

What Changed in Crypto Markets While You Were Sleeping — July 27

BeInCrypto presents our daily morning roundup of crypto news and market changes that you might have missed while you were asleep. Sponsored Sponsored Bitcoin update The daily chart shows that BTC reached a local high of $40,550, going into the range highs that have been in place since May. However, the rally could not be … Read more

Binance Smart Chain Launches $10M Bug Bounty Program

The Binance Smart Chain (BSC) blockchain is attempting to tighten security with the launch of a $10 million joint bug bounty program for the ecosystem. Sponsored Sponsored Binance made the announcement on July 26, stating that security should be the number one priority for everyone, users and projects alike. The bug bounty fund called “Priority … Read more

DeFi TVL Rebounds 20% as Crypto Sell Pressure Wanes

The amount of collateral locked across various decentralized finance (DeFi) protocols has rebounded over the past two weeks or so, suggesting the sellers are running out of steam. Sponsored Sponsored As the bearish pressure eases and the crypto market selloff appears to have abated, more collateral is being pumped back into DeFi. Various DeFi analytics … Read more

DeFi Tokens Rebound as Crypto Market Adds $70B

Decentralized finance (DeFi) tokens are leading today’s market push which has increased total cryptocurrency market capitalization to over $1.5 trillion once again. Sponsored Sponsored Crypto markets are starting to show signs of recovery today as the total capitalization gains 2%, or $70 billion, over the past 24 hours. DeFi related assets are leading the charge … Read more

Impossible Finance Loses $500,000 in Latest DeFi Flash Loan Attack

The latest decentralized finance (DeFi) protocol to join the long list of exploited Binance Smart Chain projects is Impossible Finance. Sponsored Sponsored Another day, another DeFi flash loan exploit on Binance Smart Chain. This time around, the victim is the multi-chain incubator project Impossible Finance. According to a post on the project’s Twitter and Telegram … Read more

Secret Binance Smart Chain Bridge Launches to Mainnet

A decentralized finance cross-chain bridge for converting tokens into privacy focused versions has launched to mainnet on Binance Smart Chain (BSC). Sponsored Sponsored The Secret Network announced the launch in a blog post on June 15. The BSC bridge provides the ability to bridge BEP-20 tokens into their privacy-preserving equivalents, or “Secret Tokens” on the … Read more

Sherlock Aims to Protect DeFi Users From Smart Contract Exploits

A decentralized finance (DeFi) protocol called Sherlock has secured a funding round for a project that aims to protect users from the increasing trend of exploits and hacks. The pre-seed round which raised $1.5 million was led by IDEO CoLab Ventures, with participation from A.Capital, Scalar Capital, and DeFi Alliance. A number of angel investors … Read more

Impossible Finance Raises $7M for Binance Smart Chain DeFi Incubator

The latest decentralized finance (DeFi) protocol to get big backing from venture capitalists is Impossible Finance for a multi-chain incubator project. In an announcement on June 3, the DeFi protocol declared that it had secured $7 million from over 125 institutional and angel investors. The round was co-led by True Ventures, CMS Holdings, Alameda Research, … Read more

DeFiYield Launches World’s First Smart Contract Audit Archive

As the wave of attacks on unsecured decentralized finance (DeFi) protocols continues, a greater need has arisen for auditing and now there is a new web archive to aid research. In an announcement on June 1, the DeFiYield protocol unveiled a web archive of smart contract audits in what it claims is a world first. … Read more