BinaryX (BNX) | Binance Research The BNB-BUSD yield farming "Vault 1" of the DeFi application Meerkat finance, a clone of Yearn Finance on Binance . Binance Smart Chain Selects 20 Projects for Most Valuable ... Binance Smart Chain New Projects and Splinterlands Season ... However, projects on the smart contract platform have lost millions of dollars to hackers over the past few months. We are excited to announce that Project Ark will expand using Binance Smart Chain, providing new campaigns and prominent features from celebrities, trustworthy conservation projects and new and exciting ways to engage the NFT community. Radio Caca, EverGrow Coin and CryptoMines Eternal Top ... Two More Binance Smart Chain Projects Report Incidents ... Their website, twitter account, and telegram channel are all down, suggesting a rug pull by creators. What are the chances of Binance Smart Chain projects ... One month since its mainnet launch, Binance Chain has gained support from at least 35 blockchain projects, with more to come. BSC, ran by the crypto exchange giant Binance, may be getting more popular among the projects, but it's also becoming increasingly ailed . BinaryX (BNX) | Binance Research Binance Awards 2021- BSC Project of the Year Leveraging its advanced consensus multiple successful projects are being launched daily on BSC. The platform also empowers users to take advantage of the growing trade to exchange from one blockchain to the other. One of the most exciting projects to be developed on BSC is Luto Cash. Apart from that, the numbers of new addresses that were created on November 16 also beat that of the . To illustrate the point, let us look at these statistics. It is designed to run parallel to the existing and native Binance Blockchain. Pancakeswap is a decentralized exchange (DEX) built on Binance Smart Chain and the first one in our list of top 5 Binance smart chain projects. Avg Gas Fee. 3 December 2021. "With the support from BSC fund, we will work with more projects . With VR, AR, and mixed reality, people can play, work and interact online with each other using life . The Binance-backed platform saw transactions that were well above 14.7 million on November 16, surpassing the previous record of 13.1 million it had set on July 29. In this i make crypto for you in Bep-20 Token Development on Binance Smart Chain Deploy in Binance Smart Chain. Last Survivor is a Metaverse project based on Binance Smart Chain. On 25.05.2021 by. Binance Dedicates Another $1B to Smart Chain Project Binance's latest move came as a number of other new Ethereum-alternative projects are also dedicating hundreds of millions of dollars in . For the past few months, a trend is emerging where projects initially launched on Ethereum are shifting base. The hackers are using DeFi avenues to move the stolen tokens. singapore, sept. 20, 2021 /prnewswire/ -- binance smart chain (bsc), the leading defi and nft infrastructure, has launched a mentoring committee comprising of representatives from leading venture. Looking for the hottest NFT projects on BSC, then " 2021 Top 3 NFT Projects on Binance Smart Chain ", is for you. 2019-06-04. The demand for non-fungible tokens (NFTs) keeps growing on Binance Smart Chain (BSC). Binance Smart Chain projects are super high risk because the devs seem utterly incompetent, have very little understanding of the complex projects they are forking, and on the tech side they just know how to fork from Ethereum, but dont have any clue about the maintenance, or future upgrades and keeping the project up. Below, you will find a list of the top five, most promising projects on Binance's new blockchain. Several DeFi projects on the Binance Smart Chain are under a DNS attack, including Pancake Swap and Cream. NEWARK, DE / ACCESSWIRE / November 28, 2021 / Binance Chain is growing rapidly with over $15M transactions daily. For the past 2 seasons of the Incubation Program, Binance Labs incubated market-leading and successful crypto businesses such as Polygon, Perpetual Protocol, Injective . All other features are on the Polygon side. We welcome all talented developers, builders, and creatives from around the world to build the next generation of projects on Binance Smart Chain, which is an EVM-compatible high-performance blockchain featuring cross-chain compatibility with Binance Chain. Final delivery. 24 hours after it was launched on the Binance Smart Chain, DeFi project Meerkat Finance lost almost $32 million worth of crypto, in what is suspected to be the largest "rug pull" on Binance so far. Let's now play the devil's advocate and look at the risks . Binance Smart Chain was launched in September 2020 and now hosts several projects and is quickly growing to become the biggest blockchain network. Binance has revealed the leading projects on the Binance Smart Chain (BSC) in 2021 so far by looking at the best projects within the BSC ecosystem. In addition to this, Binance launching its NFT shop will be massive for the project being an NFT based project. The Binance Smart Chain-based oracle protocol will be testing and then formalizing all of the development into its Whitepaper 2.0, with the changes set to be implemented ahead of the mainnet launch in the coming months. That's why in 2020, Binance developed Binance Smart Chain. Currently more popular is the Binance Smart Chain, which has created more than 700 projects, while the Polygon network has about 150 projects. 4 minute read. Officially launched in September 2020, Binance Smart Chain is a new decentralized community-driven blockchain that aims to create an infrastructure for the future of finance and blockchain. PancakeSwap was built to compete against the world's top DEX, Uniswap, directly. It is designed to switch the user's investment automatically to the more profitable liquidity pools. BNX is the native token of the game, used for community voting, hero recruiting, hero upgrading, and other core game functions. BSCPAD is a Binance Smart Chain Launchpad. Source: a screenshot, Instagram/binance . In 2019 the creation of the Binance Chain was intended to support Binance DEX, but the chain did not support smart contracts. BscProject - All Projects building on Binance Smart Chain. These three Binance Smart Chain projects are providing excellent value for investors. The reason for this has to do with the nature of these projects and their intention to be a get rich quick platform instead of a revolutionary finance tool. Binance Smart Chain Project Drained of $32M in Suspected Rug Pull. BSC is taking new projects from Ethereum's platform, and also existing projects are migrating to the BSC, especially NFT's platforms. PancakeSwap (CAKE) has emerged as a rising star in the decentralized finance (DeFi) sector with the recent surge in price helping the food-themed token become the first billion-dollar project on the Binance Smart Chain (BSC). This is a 3-week virtual hackathon event that features $20,000 in cash prizes. Source: Instagram, Binance. A Guide on DeFi Investments. The blockchain's speed and low transaction fees make it very attractive for both users and developers. Iron Finance is the first partial-collateralized stablecoin project on Binance Smart Chain. This is a 3-week virtual hackathon event that features $30,000 in cash prizes. I know this video might seem a little odd, but I was doing planing on doing my end-of-season rewards video for splinterlands, and I had just put some money i. "Binance Smart Chain hit a record-breaking milestone of over 14.7 million blockchain transactions in one day; a milestone no other blockchain project has ever achieved!" Leveraging its advanced consensus multiple successful projects are being launched daily on BSC. Let's learn about them. Venus is a project built by Binance, while Binance Labs backed MOUND, the team behind yield platform Pancake Bunny - both built on BSC. Binance Smart Chain daily transaction is more than that of BTC and ETH combined. What DeFi Projects to Invest in for 2021 on Binance Smart Chain. It has successfully launched over 20 projects on its IDO Launchpad. Binance Smart Chain (BSC) is a sovereign smart contract blockchain delivering Ethereum Virtual Machine (EVM) compatible programmability. Quick Take. Here are 6 interesting Binance Smart Chain (BSC) projects to watch in 2021. With VR, AR, and mixed reality, people can play, work and interact online with each other using life . Top 5 Binance Smart Chain Metaverse Projects. The network provides users with an easy way to swap BEP-20 tokens securely and efficiently. The Binance Smart Chain community is pretty active on multiple social media platforms. by coinpriceman. VENUS (XVS): Decentralized Marketplace #1 on our list of top 5 projects is the Venus protocol. On BSC, Battle Pets, PancakeSwap, and . BNX is the native token of the game, used for community voting, hero recruiting, hero upgrading, and other core game functions. BinaryX is a project that created CyberDragon, a fantasy role-playing game built on Binance Smart Chain (BSC). On BSC, Battle Pets, PancakeSwap, and BakerySwap have all pushed further the limits of what an NFT can do. Potential issues with BSC for NFTs. PancakeSwap then confirmed they had been DNS hijacked, prompting an announcement from Binance CEO Changpeng Zhao. Binance Smart Chain (BSC) is a dual-chain architecture that allows users to build and develop their own digital assets and decentralized apps on one blockchain. IRON coin is pegged to $1, partially backed by BUSD collateral, and partially backed algorithmically by STEEL, the token which accrues seigniorage revenue and excess collateral value. Binance Smart Chain had claimed that the attacks are targeted and organized. PancakeSwap (CAKE) has emerged as a rising star in the decentralized finance (DeFi) sector with the recent surge in price helping the food-themed token become the first billion-dollar project on the Binance Smart Chain (BSC). And yet another two projects on Binance Smart Chain ( BSC) suffered incidents, in the form of more flash loan attacks - and this time it's Burger Swap (BURGER) and JulSwap (JULD). Binance chain recently became the biggest competitor to Ethereum due to its lower and faster transaction compared to Ethereum. Leading the way, Radio. The decentralized transaction protocol BXH was attacked on Binance Smart Chain [BSC]. We welcome all talented developers, builders, and creatives from around the world to build the next generation of projects on Binance Smart Chain, which is an EVM-compatible high-performance blockchain featuring cross-chain compatibility with Binance Chain. As we see every aspect of the financial system move across into the decentralized crypto world, it is time to do the same for the education secotr. The current use cases for BNX includes: Uranium Finance, a Binance Smart Chain-based DeFi project, says it suffered exploitation early Wednesday and lost $50 million. As a public base layer blockchain project supported by Binance, BSC's success came as Ethereum's network became too congested and the transaction fees on Ethereum, also known as gas fees,. 3 December 2021. NEWARK, DE / ACCESSWIRE / November 28, 2021 / Binance Chain is growing rapidly with over $15M transactions daily. The team behind the Venus protocol has been working in order to offer users the possibility to borrow . Your goal is to be the last on the battlefield to win the game - only one player wins the game. Hence, we decided to curate a list of the top projects on Binance's new blockchain. It enables users to swap between cryptocurrency assets by tapping into user-generated liquidity pools. Welcome to DeFi, a sub for building the open financial system. ⚠️ The biggest update for $ORK holders ⚠️ The blockchain's speed and low transaction fees make it very attractive for both users and developers. 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