Poly Network Hack — Reconsidering the ‘Real Hacker’ Scenario

The recent Poly Network inter-chain hack, including Ethereum, Binance Smart Chain, and Polygon, has caused a lot of hype as the hacker returned the stolen funds. Sponsored Sponsored The longer the story goes on, the more details and speculation about the hacker’s true motives appear. If you take a closer look at this event, you … 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

‘There Will Be Many More Versions of BSC to Come,’ Says Binance Smart Chain’s Julian Tan

BeinCrypto spoke to Julian Tan, Business Development & Ecosystem Growth at Binance Smart Chain (BSC), about decentralized finance (DeFi), the success of Binance Smart Chain, and what’s coming in the future. Sponsored Sponsored Binance Smart Chain (BSC) has undoubtedly exploded onto the scene. The platform aims to deal with some of the issues that were being … Read more

Algorand Blockchain Now Supports Curvegrid’s NFT Bridge

The pairing of Algorand Foundation and Curvegrid will allow the latter’s infrastructure technology “MultiBaas NFT Bridge” to be integrated into the Algorand (ALGO) ecosystem.  Curvegrid has partnered up with Algorand Foundation to share their MultiBaas NFT Bridge software on the latter’s blockchain network. Curvegrid is a Tokyo-based blockchain software company and MultiBaas is their premier … Read more

BSC Network Issues Give Developers a Tough Time

Binance Smart Chain (BSC) has been giving developers a tough time lately. The network’s performance has been struggling with the increase in transactions. The BSC network, which was built as a clone and rival to Ethereum, has been a mess during May. RPC servers failing and falling out of sync. Users have faced difficulties in … 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

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

Binance Smart Chain Claims DeFi Attacks ‘Organized and Targeted’

In the wake of an increasing number of hacks and attacks on Binance Smart Chain (BSC) protocols, the community is calling for action. Binance Smart Chain has become the epicenter of DeFi crime recently with protocol after protocol falling victim to hackers exploiting weak system design and code bugs using flash loans. The BSC community … Read more