Wrapped IOTA Launches on Binance Smart Chain (BSC) to Boost DeFi liquidity

IOTA launches on Binance Smart Chain, or BSC, introducing decentralized finance (DeFi) capabilities for its holders. In a blog post shared on Monday, IOTA Foundation announced the launch of “wrapped IOTA” on Binance’s decentralized platform, Binance Smart Chain (BSC).

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EOS’s Leading DeFi Project Moves to the Binance Smart Chain

Amsterdam-based DeFi platform Effect Network, EOS’s most used decentralized app, has revealed plans of moving its entire network from the EOS Blockchain to the Binance Smart Chain (BSC). Effect Network—a DeFi platform with a goal of linking companies to job seekers worldwide—revealed its decision to switch was driven by growing concerns surrounding the leadership of […]

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DeFi TVL sets new record as BSC-powered protocols add billions

Despite many leading Ethereum-powered DeFi protocols posting a weekly loss, the success of Binance Smart Chain is pushing the TVL of decentralized finance into new highs.

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KeyFi DeFi Platform Launches Token on BSC, Teases Pro Application Release

KeyFi, a next-gen assets management tool for decentralized financial protocols, has announced the launch of its KEYFI token on Binance Smart Chain (BSC)

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5 Centralized Exchanges Supporting the DeFi Revolution

1. Binance In September last year, Binance, the world’s largest cryptocurrency exchange by volume, launched Binance Smart Chain, a blockchain ecosystem developed for the decentralized finance (DeFi) space.

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Cream Finance Critical of GoDaddy in DeFi DNS Attack

On March 15, several decentralized finance protocols on the Binance Smart Chain reported that they had suffered a DNS attack. This caused their websites to become inaccessible for some time. On March 18, Cream Finance confirmed all funds were safe in a post mortem report.

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Ocean brings web3 data economy tools to Polygon Network

CryptoNinjas » Ocean brings web3 data economy tools to Polygon Network Ocean, a decentralized data and AI sharing service, today announced it has partnered with Polygon (formerly Matic) to bring web3 data economy tools to its chain and ecosystem Polygon has seen widespread adoption with over 90 dApps, 7 million transactions, and 200,000 unique users, enabling high-quality user experiences for top dApps like Polymarket, Aavegotchi, Decentral […] CryptoNinjas » Ocean brings web3 data economy tools to Polygon Network

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Robonomics expansion: XRT goes to BSC & PancakeSwap

Robonomics has announced the integration of XRT on the Binance Smart Chain ecosystem. Now, XRT is available for trading on PancakeSwap, the decentralized exchange on BSC with the biggest daily trading volume of $1 billion.

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DeFi “DNS Hijack:” Cream Finance Deployed to New Domain, PancakeSwap Regains Access

Decentralized finance (DeFi) protocols Cream Finance, and Binance Smart Chain (BSC) based PancakeSwap are reporting DNS (Domain Name System) “hijacks” of their respective platforms. Lending protocol Cream Finance tweeted on Monday, “Our DNS has been compromised by a third party; some users are seeing requests for seed phrase on http://app.

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Lien Protocol Brings Crypto-Native Options to Binance Smart Chain

Lien to create a Crypto-Native Option protocol using Binance Smart Chain, BNB Option now available via “Lien on BSC”. 12th March 2021, Lien Finance, a decentralized platform on Ethereum, uses blockchain technology and smart contracts to create varieties of options out of ETH including call options, put options, and exotic options such as the butterfly […] The post Lien Protocol Brings Crypto-Native Options to Binance Smart Chain appeared first on NullTX.

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Freeliquid Expands Liquidity Pool Lending Solution to Binance Smart Chain

With the decentralized finance market in full swing, it only makes sense that a noticeable upsurge in crypto-backed lending is being observed. Digital asset enthusiasts have now understood that crypto-backed loans create new revenue opportunities without tampering with one’s current capital inflow.

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Zoomers and Millennials: Leading the crypto market all the way!

Ever since the advent of Bitcoin over a decade ago, the crypto space has progressed substantially. There are now thousands of cryptocurrencies available to the public. Hundreds of blockchain-based startups in the world are working to launch their decentralized infrastructure in various domains such as finance, medical health, supply chain, etc.

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EasyFi Brings Decentralized Lending to Binance Smart Chain

EasyFi Protocol, the layer two decentralized lending-focused platform is expanding to new blockchains. Aligning with the development team’s Q1 goal of expanding EasyFi into more networks, EasyFi will be launching on Binance Smart Chain (BSC), bringing a whole new suite of products to BSC and a lot of value-adding factors to EasyFi. With the continuing […]

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‘Chain-Agnostic’ Orion Protocol Set to Expand to Binance Smart Chain

March 2, 2021 — Orion Protocol, the liquidity aggregator building a decentralized gateway to the entire crypto market, has revealed Binance Smart Chain (BSC) as the latest chain to be integrated into the protocol, with more chains to be announced in the coming weeks.

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SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment

CryptoNinjas » SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment SIMBA Chain, a cloud-based Smart Contract as a Service (SCaaS) platform, today announced it is expanding to Avalanche, accelerating its mission to simplify decentralized technologies for builders of all skill sets.

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Token-based commodities DEX Mettalex launches on Binance Smart Chain and Ethereum

CryptoNinjas » Token-based commodities DEX Mettalex launches on Binance Smart Chain and Ethereum Mettalex, a DEX focused on token-based commodities trading, announced today the launch of its decentralized commodities exchange on Binance Smart Chain and Ethereum’s Kovan testnet; with 20 available markets for traders to take tokenized long or short positions in using USDT.

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1Inch Decentralized Exchange to Transition to Binance Smart Chain as Ethereum Exodus Begins

1Inch, a decentralized exchange (DEX) built on the Ethereum blockchain, has become the highest-profile project to join Binance’s new Smart Chain. Yesterday, the exchange confirmed that it had moved to the Binance Smart Chain (BSC), marking what could be a broader move away from the leading blockchain network for decentralized finance (DeFi) protocols.

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1inch Exchange Extends to Binance Smart Chain (BSC) Amid Rising ETH Gas Fees

In a “natural step,” 1inch Exchange, the decentralized exchange (DEX) aggregator, is expanding to the Binance Smart Chain (BSC), as per an announcement on Feb 25. Extension to Binance Smart Chain (BSC) Consequently, they are deploying the 1INCH token on the BSC, availing 1inch Aggregation and Liquidity protocols, including staking features, to BSC users. TenRead More

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Binance to Support KEYFI and KEY Airdrops

Decentralized finance is on the move, and as the market attracts mainstream attention, users are looking for more cost-effective ways to interact with defi applications. Ethereum still retains market dominance in the sector, but Binance Smart Chain (BSC), the finance-focused blockchain run by Binance exchange, is catching up quickly. To further incentivize users to stayRead More

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NEXT.Chain, the Next DeFi Powerhouse to Host Its Liquidity Sale Event From the 24th of February

PRESS RELEASE. While Ethereum has given way to a brave new world of decentralized financial applications that are completely permissionless, accessible and groundbreaking in many ways. However, it has done so on an experimental basis and with great costs.

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Binance Coin Spikes 100% After Threatening Ethereum’s Dominance

This week, transaction fees on the Ethereum blockchain grew to a level that made the decentralized applications (dapp) operating atop it practically unusable. In some cases, transferring as little as $5 across the second-largest public chain started costing as high as $300.

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On-Chain Data Indexing Platform, The Graph (GRT), Looks to Support Eight New Layer 1 Blockchains

The Graph, an indexing and query layer of decentralized applications, evaluates a move to eight different layer 1 blockchains following a successful mainnet launch on Ethereum. The company is currently working on integration on the Bitcoin, Polkadot, and Binance Smart Chain (BSC) L1 networks – to name a few.

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Binance Smart Chain-Powered DEX Sees Volume Surge Amid Gas Crisis

PancakeSwap was spawned out of the decentralized finance (DeFi) cloning and food farming frenzy in late September 2020. Instead of duplicating Uniswap on Ethereum, it chose Binance Smart Chain (BSC) and its BEP20 standard to base its operations.

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IDEX launches on Binance Smart Chain to improve DEX trading

CryptoNinjas » IDEX launches on Binance Smart Chain to improve DEX trading IDEX, a high-performance decentralized cryptocurrency exchange (DEX), today announced the launch of IDEX’s trading infrastructure on Binance Smart Chain to provide efficient, cost-effective DEX trading.

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Daily Ethereum (ETH) Transactions Outstrip Bitcoin’s (BTC) by Over $3B

Ethereum’s title as the most active blockchain network is becoming increasingly reinforced as network activity on the chain is now fully ahead of Bitcoin. Stablecoin and decentralized finance (DeFi) transactions continue to catapult Ethereum’s economic activity count but often at the expense of high gas costs leading to renewed clamor for Layer-2 (L2) solutions thatRead More

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Cypriot Hospital Tracks Covid-19 Vaccination Records With VeChain

With all the growth in Bitcoin, Ethereum, and other ‘mainstream’ cryptocurrencies, other useful blockchain applications are being overlooked. One of those may be VeChain, a decentralized supply chain management platform.

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Биткоин-биржа OKEx назвала дату запуска основной сети OKExChain

Криптовалютная биржа OKEx раскрыла сроки и детали запуска основной сети OKExChain. After 3⃣️ years of hard work, @OKEx is proud to bring you the next big thing in the #crypto industry: #OKExChain, the world's first trading chain: a decentralized, borderless, blockchain technology-based ecosystem for exchanging value.

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Fetch.ai’s derivatives exchange Mettalex launches smart contracts on Binance Smart Chain

Mettalex, a decentralized token-based derivatives exchange focused on commodity markets, announced today the launch of its smart contracts on Binance Smart Chain, improving the flexibility, interoperability, and scalability of the platform.

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Compound’s blockchain is out, but is it really DeFi? Crypto community reacts

The decentralized credit lending and borrowing platform launched the Compound Chain yesterday. The post Compound’s blockchain is out, but is it really DeFi? Crypto community reacts appeared first on CryptoSlate.

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Sovryn Launches DeFi Platform on RSK Bitcoin Sidechain; Decentralized Lending And Trading Tools

New decentralized lending and trading platform launches with a focus on the top cryptocurrency, Bitcoin (BTC), rather than the conventional Ethereum-based applications. Sovryn, a decentralized platform built and operating on Bitcoin’s RSK sidechain, announced the launch of its public chain this Tuesday, aiming to bring a full Bitcoin suite to the DeFi world.

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The Promises and Challenges of Data on DeFi

The DeFi ecosystem, particularly decentralized exchanges (DEXs), has now filled a gap that centralized exchanges (CEXs) simply don’t. While CEXs provide rich data about the overall market, including data about individual trades, DEX transactions take place on chain, meaning you can track individual wallets and their activity.

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How this new VC brings on-chain fund management to the YFLink ecosystem

Decentralized Autonomous Organizations (DAOs) can present a new paradigm for various old-world ideologies (except for ones that involve iced teas).   Popular examples include the managing and rejigging of supply chain models, borderless identity processing, management of credit and lending, and even collateralizing principal amounts and debts for additional usage.

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IDEX Decentralized Exchange to Roll Out Multi-Chain Solution; Starting With Polkadot & Binance Smart Chain

IDEX, a popular decentralized exchange (DEX), plans to expand its infrastructure into two extra blockchains, adding its Ethereum (ETH) implementation. In an announcement shared with BEG, IDEX confirmed a multi-chain solution expansion program that will integrate the decentralized exchange’s infrastructure to Polkadot and Binance Smart Chain (BSC).

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TEX: A Decentralized Swapping Protocol Secured by Bitcoin is Now Live

Money On Chain has launched TEX, a decentralized token swapping platform built on RSK, further expanding the footprint of Bitcoin DeFi. The TEX Exchange: How it Works and Order Types For differentiation, TEX’s order book will rely on ticks to safeguard against front running and for better price discovery even when trading volumes are low.

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Money On Chain Rolls Out Decentralized Token Exchange Based on Bitcoin Layer 2

Money On Chain launches a decentralized exchange based on a Bitcoin smart contract sidechain called RSK to expand Bitcoin-based DeFi

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RSK-based DeFi protocol launches innovative decentralized exchange concept

Money on Chain is taking cues from gold market pricing for its DEX.

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IDEX to bring original Ethereum DEX to BSC and Polkadot (DOT)

Major decentralized exchange IDEX, recently announced its multi-chain initiative, Multiverse. The initiative aims to bring the exchange’s trading experience to other blockchains, and the first ones on the list are Polkadot (DOT) and Binance Smart Chain (BSC).

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Blockchain interoperability layer Axelar raises $3.75 million

Axelar, a decentralized interoperability fabric that connects blockchain ecosystems, applications and users, has announced seed funding of $3.75 million with investments secured from, Binance X, the Binance Smart Chain Accelerator Fund, an arm of Binance – the popular cryptocurrency exchange company; and DCVC (Data Collective), the San Francisco-based venture capital firm, which last year set […] CryptoNinjas » Blockchain interoperability layer Axelar raises $3.75 million

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Decentralized Finance Firm, UNION, Raises $3.9M to Expand Risk Management Protection

UNION, a defi risk management firm, raised $3. 9 million in a funding round, which drew participation from several crypto trading companies and venture capital firms. Some of the key firms that led the funding round include 3 Commas, Solidity Ventures, AAM, Spark Digital Capital, Alameda Research, Black Edge Capital, and Alpha Chain.

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Ethereum vs. Binance Smart Chain: Who wins in a crypto DeFi battle?

The decentralized finance market has reinvigorated the crypto space from a brutal three-year-bear slumber, with the market now moving towards real-world solutions such as non-custodial lending, loans, credit, and away from just acting as a proxy for digital payments.

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Bithumb Global’s Efforts to Support Binance Smart Chain Start

Binance, one of the world’s leading cryptocurrency exchanges has combined the hottest thing in the blockchain sector – Decentralized Finance (DeFi) with centralized finance, through...

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Binance’s CZ Views ‘CeDeFi’ as a Complement, Not a Competitor, to DeFi

Binance’s latest experiment to integrate decentralized finance with its centralized platform, Binance Smart Chain, is not here to beat DeFi, said the company’s CEO during CoinDesk’s invest: ethereum economy program.

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Venus Protocol’s Decentralized Stablecoin, Via, Launches on Binance Smart Chain; Forked From Compound & MakerDAO

On September. 28, Binance announced the launch of Venus Protocol, an algorithmic money market platform that allows borrowing of over-collateralized loans, lending, and generation of new synthetic stablecoins, VAI.

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Binance Launches Venus – A Decentralized Stablecoin And Digital Assets Lending System

Binance has unveiled a new DeFi protocol Venus on its rapidly growing blockchain ecosystem Binance Smart Chain to generate decentralized stablecoin assets and allow digital assets lending. Venus (XVS) is a Money Market and Stablecoin DeFi platform on Binance’s blockchain ecosystem that will enable lending/borrowing of digital assets, and generation of synthetic assets based on […]

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Binance introduces Venus — a decentralized system for stablecoins

Binance has come out with a lot of new products recently, including an entirely new blockchain, called Binance Smart Chain. Now, the exchange is putting it to use by launching a new system for stablecoins, which it named Venus.

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Binance Latches Onto DeFi With Lending System

Binance has expanded on its goal to integrate DeFi by launching a Decentralized Finance Lending/Borrowing system. The Venus Protocol will feature Binance Smart Chain “v” tokens to compete with money market protocols like Compound and Aave.

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Crypto Exchanges FOMO into DeFi, Binance Takes on Ethereum

Everyone wants a piece of decentralized finance (DeFi), which is growing like crazy. Crypto exchanges, especially, are taking a special interest in the sector. This week, OKEx announced that with the latest upgrade of its OKxChain network, it had become the most decentralized exchange powered public chain.

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Red Data Blockchain Will Fight Against Counterfeit Medicines In India

Indian entrepreneurs and medical students Amal Thomas and Satyam Tiwari have developed the Red Data Blockchain, a decentralized registry of drug data that includes the date of manufacture, the manufacturer’s company, and supply chain details.

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Binance Chain is getting its own DeFi yield farms after Ethereum

For the past few months, decentralized finance (DeFi) has blown up.

The post Binance Chain is getting its own DeFi yield farms after Ethereum appeared first on CryptoSlate.

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