Auto Added by WPeMatico

Binance Smart Chain Devs Propose Ethereum-Like Gas Fee Burning Mechanism

Developers of the Binance Smart Chain, the Binance-backed decentralized blockchain platform, have proposed applying a mechanism to burn BNB tokens based on the utilization of the network. According to the…

Continue ReadingBinance Smart Chain Devs Propose Ethereum-Like Gas Fee Burning Mechanism

A Slew of Defi Tokens Outperform Bitcoin’s Weekly Gains, Defi TVL and NFT Sales Spike

October has been a strong month for cryptocurrencies like bitcoin but a number of decentralized finance (defi) tokens have seen higher double-digit gains this past week. Moreover, non-fungible token (NFT)…

Continue ReadingA Slew of Defi Tokens Outperform Bitcoin’s Weekly Gains, Defi TVL and NFT Sales Spike

Binance Launches $1 Billion Fund to Boost Adoption of Its Smart Chain and Entire Blockchain Industry

Crypto exchange Binance has launched a $1 billion fund which it calls “the biggest funding program of its kind in the whole cryptocurrency industry.” The company aims for the fund…

Continue ReadingBinance Launches $1 Billion Fund to Boost Adoption of Its Smart Chain and Entire Blockchain Industry

Total Value Locked in Defi Surpasses $200 Billion — Fantom, Avalanche, Harmony, Arbitrum TVLs Swell

Decentralized finance (defi) has swelled quite a bit this year and on October 5, the total value locked (TVL) in defi protocols crossed the $200 billion mark. Since January 1,…

Continue ReadingTotal Value Locked in Defi Surpasses $200 Billion — Fantom, Avalanche, Harmony, Arbitrum TVLs Swell

Binance Announces $1 Billion Fund to Propel Binance Smart Chain Ecosystem

The world’s leading cryptocurrency exchange, Binance, has announced a $1 billion fund to further accelerate the development of projects in the Binance Smart Chain ecosystem. Binance has just announced that…

Continue ReadingBinance Announces $1 Billion Fund to Propel Binance Smart Chain Ecosystem

Wormhole Adds Binance Smart Chain Support to Network Bridge

During the first week of September, the Wormhole Network’s ethereum solana bridge was introduced to the Solana community and the following week, developers released a bi-directional connection for blockchain non-fungible…

Continue ReadingWormhole Adds Binance Smart Chain Support to Network Bridge