Binance Smart Chain (BSC) TVL Reaches 2022 Low; Plunges More than $7 Billion

Binance Smart Chain (BSC) total value locked (TVL) continued to fall steeply in the third week of May due to a market crash that has seen decreased interest in decentralized finance (DeFi).  Sponsored Sponsored Binance Smart Chain has been one of the most patronized platforms in the last 12 months. BSC has lost 47% in … Read more

Binance Coin (BNB) Breaks Down From 348-Day Support Line

Binance Coin (BNB) is approaching a long-term support level close to $280 but has yet to show any clear bullish reversal signs. Sponsored Sponsored BNB has been falling since reaching an all-time high price of $691.80 on May 10 2021. It created a lower high of $669 (red icon) in Nov 2021 before resuming its … Read more

Binance Forced out of Ontario for Trading Unregistered Securities

Binance has informed Canadian regulators it will stop taking on new customers in Ontario and commit to cease trading for existing ones. Sponsored Sponsored The biggest exchange in the world by trading volume was forced to close its doors by the Ontario Securities Commission (OSC) after failing to cease trading unregistered securities. Sponsored Sponsored According … Read more

Binance Coin Price Prediction: $975 by 2025 and $2,488 in 2030

Binance Coin (BNB) isn’t expected to gain much by the end of 2022. However, holding until 2030 may see BNB hodlers gaining massive returns. This is according to Finder.com’s latest Binance Coin Predictions Report. Sponsored Sponsored Binance Coin: Expert Opinion Finder.com’s panel is made up of fintech, crypto and NFT specialists. They predict BNB will … Read more

Binance: Starts Crypto Charity Platform to Help Ukraine, Donates $6m

Binance, a crypto and blockchain infrastructure provider, has donated $6m via a new crypto crowdfunding platform, to help the humanitarian crisis in Ukraine. Overall, they have donated a total of $10m to Ukrainian causes. Sponsored Sponsored This will be operated through its Binance Charity Foundation. It will be split between intergovernmental organizations and nonprofits already … Read more

PeckShield: Web3Memes (W3M) Looted $237,000 in Rug Pull

A new memecoin created on the Binance Smart Chain (BSC) called Web3Memes (W3M), rugged 625 Binance Coins (BNB). The memecoin’s liquidity pools were drained soon after investors put their money into it. Sponsored Sponsored “PeckShield has detected $Web3Memes https://bscscan.com/token/0xbad6ea539b1b9f150d6d0b95ef4f45af70bf0bcd rugged. 0x5adbffa751abcdfc94d2a81f5657113d37a3494f has deposited 625 BNB to @TornadoCash,” Sponsored Sponsored The rug pulled on new Memecoin … Read more

Binance Smart Chain to ‘De-Emphasize’ Binance With BNB Chain Rebrand

Binance Smart Chain is attempting to distance itself from Binance with a network rebranding exercise that will see the project reborn as BNB Chain. Sponsored Sponsored The announcement came on February 15, in a blog on the network’s new corporate website. Shortly after the announcement, Binance Investment Director Gwendolyn Regina hosted the BNB Chain introduction live … Read more

PeckShield Warns DataDAO Users of Backdoor That Can Steal Funds

A project called DataDAO, which presents itself as a data marketplace platform, has a backdoor to steal user funds with approvals, according to PeckShield. The crypto market is currently seeing a surge in crypto scams, preying on the uninformed as the market sees more adoption. Sponsored Sponsored Data marketplace platform DataDAO has a backdoor to … Read more

GamingShiba Becomes CoinMarketCap’s Most Trending Token

Streaming, NFT, and metaverse project GamingShiba (GAMINGSHIBA) overtook bitcoin on Wednesday to secure CoinMarketCap’s most trending token.  Sponsored Sponsored The meme coin’s top trending status comes in the same week that Shiba Inu (SHIB) announced its own metaverse project, creating a potential point of confusion for investors seeking to FOMO in. Despite strong similarities in … Read more

Security Firm PeckShield Detects 50 Potential Scam Tokens on Binance Smart Chain

Blockchain security company PeckShield Inc said Thursday that it has identified more than 50 potential scam tokens on the Binance Smart Chain (BSC). Sponsored Sponsored PeckShield analyzed dozens of smart contracts for early-stage projects and found malicious functions that allow team leaders, who operate incognito, to mint an unlimited number of tokens, blacklist accounts, and … Read more