The BNB Chain has become the top target for rug pulls and exploits in the first quarter of 2023, according to a recent report from Immunefi, a blockchain security firm. The report stated that over 73.3% of such scams across the entire crypto ecosystem occurred on the BNB Chain during this period...
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In an exciting move to expand its presence and tap into the growing DeFi ecosystem of the Binance Smart Chain (BNB Chain), the Aave community has proposed the deployment of Aave V3 on the BNB Chain. This proposal aims to foster collaboration between Aave and BNB Chain communities...
For the first time since August 17, 2022, Ethereum’s price has climbed back above $1900. This nearly eight-month peak occurs as shark addresses have been steadily rising since last summer. According to Santiment, addresses with 100 to 10,000 ETH have amassed $4.24 billion over the last nine months...
Marathon, a leading Bitcoin mining company in North America, has announced a record-breaking quarter, producing 2,195 BTC in Q1 2023, the highest quarter in the company’s history. The company currently holds 11,466 BTC, worth about $326.5 million, and $124.9 million in cash and cash equivalents. According to Marathon’s Q1 report...
Crypto traders had an uneventful week in terms of digital asset investments, as trading activity dropped by 33% from the previous week. Nonetheless, CoinShares’ weekly report revealed that XRP attracted the highest influx of investors among all altcoins, with an influx of $0.8 million. As per the report...
Tether reportedly used Signature Bank to gain access to the U.S. banking system. The USDT issuer directed payments to its Bahamas-based banking partner using Signature's Signet platform...
Peer-to-peer crypto marketplace Paxful is shutting down its operations. CEO Ray Youssef revealed that the departure of key staff and regulatory challenges were among the factors that led to the decision...
OPNX crypto exchange opens for business amid controversy regarding its founders from failed businesses like 3AC and CoinFLEX...
Summary: Aave-Chan creator Marc Zeller proposed launching the Aave V3 lending protocol on BNB Chain. Zeller suggested deploying on Binance’s DeFi chain with a basket of digital assets as supported collateral including BNB, WBTC, BETH, WETH, USDC, and USDT. The proposal comes after Uniswap deployed on Binance’s blockchain to tap into a massive DeFi user
Eventus, a provider of multi-asset class trade surveillance and market risk solutions, announced today that cryptocurrency derivatives exchange Deribit has chosen the firm’s Validus platform to provide market abuse monitoring on the exchange. Headquartered in Panama City, Panama, Deribit is one of the largest cryptocurrency options exchanges by volume and open interest...