Crypto losses from fraud and hacks declined 12% in May — Immunefi
The decline in crypto scams and frauds continued, with only $52 million lost in May compared to $59 million the previous year. Go to Source
BNB Chain
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BNB Chain faces $80K Bitcoin exploit. White hat hacker or ongoing exploit?
Certain on-chain signs point to a potential white hat, or ethical hacker, looking for blockchain vulnerabilities. Go to Source
Base set for ‘material share’ of SocialFi activity: Franklin Templeton
Base is already home to 46% of transactions related to SocialFi on-chain, but the asset manager says it has even more room to grow. Go to Source
BNB Chain Set To Introduce Liquid-Staking On BSC Network
In a strategic move aimed at consolidating and enhancing its network capabilities, BNBChain is gearing up to introduce liquid-staking functionality on the BNB Smart Chain (BSC) network. This initiative marks a significant step in the ongoing transition away from the Beacon Chain, with plans to fully decommission it by June 2024. The rollout of liquid-staking … Read more
Blockaid says it caused crypto drainer to shut down, defends against claims of ‘false positives’
The team defended itself against claims of excessive false positives, suggesting it was so effective that it caused a crypto drainer to give up in frustration. Go to Source
BNB Chain will enable native liquid staking on BSC
The BNB Chain core development team said the move aims to streamline the network and improve efficiency. Go to Source
BNB Chain Launches Rollup-as-a-Service to Bolster L2 Blockchain Development
On Thursday, the team behind BNB Chain introduced a novel Rollup-as-a-Service (RaaS) offering for the development of layer two blockchains (L2s) atop the BNB Chain. The team detailed that the service equips sizable decentralized applications (dapps), enterprises, and the BNB Chain with the essential technological framework required for launching specific L2s on BNB Smart Chain … Read more
Decentralized Money Market Protocol Aave Joins BNB Chain’s Defi Landscape
On Feb. 22, 2024, the primary development group of the BNB Chain revealed that the decentralized finance (defi) money market protocol, Aave, has been successfully launched on the BNB network. Boasting a total value locked (TVL) of $8.571 billion, Aave is now active across 13 blockchains in total. Aave Goes Live on BNB Chain The … Read more
PancakeSwap adds portfolio manager function in partnership with Bril
The crypto exchange added a feature that allows users to deposit single assets into a vault, which are then automatically invested into diverse liquidity pools. Go to Source
EtherHiding: Why hackers may prefer Binance’s BNB Smart Chain
According to cybersecurity analysts at 0xScope and CertiK, threat actors may prefer using BNB Smart Chain contracts because it’s cheaper and seen as having lower security than Ethereum. Go to Source
