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BNB Chain Exploiter Loses $63M on Venus Protocol to Liquidation Amid Market Crash

A crypto wallet connected to the October 2022 BNB Chain $600 million exploit has lost roughly $63 million on the decentralized lending platform Venus Protocol due to liquidation that resulted…

Continue ReadingBNB Chain Exploiter Loses $63M on Venus Protocol to Liquidation Amid Market Crash

BNB Beacon Chain to add ‘panic’ feature that can ‘halt’ blockchain

BNB Beacon Chain mainnet is set to undergo the “ZhangHeng” hard fork around July 19, which will bring new upgrades aimed at improving security.

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BNB Chain to Take Over Venus Protocol’s $150M Position as Loan Approaches Liquidation Threshold

The BNB Chain core team is set to take over a substantial Binance Coin (BNB) loan position belonging to the decentralized lending platform Venus Protocol as it approaches its liquidation…

Continue ReadingBNB Chain to Take Over Venus Protocol’s $150M Position as Loan Approaches Liquidation Threshold