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Tag: Binance

Flurry Finance deploys on Polygon after hitting $3 million TVL in just a month of launch

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Flurry Finance, a DeFi protocol that offers efficient cross-chain yield farming to the DeFi community, is all set to deploy its utility token RHO and its governance token FLURRY on the Polygon network on 1st December 2021.The FLURRY ecosystem keeps growing with new partnerships and a newly announced reward campaign.Since announcing its partnership with Polygon in August to optimize yield farming, Flurry Finance has achieved a number of key milestones including:Mainnet launched on the Ethereum (ETH) and Binance Smart Chain (BSC) networks
Product launched on BSC…

BNBMatrix: The New Face of High-Yield Farming

Yield is everything when finding the best crypto-assets for your portfolio, and there is no substitute for BNBMatrix. As always, let us not forget the power of blockchain, the magic of smart contracts, and lately, the growth of Binance Smart Chain (BSC) as fuel for the Dapp market.
High-Yield Farming: All You Need to Know
Long-time DeFi investors know the power of patience. The global cryptocurrency market is expected to gain a significant leg-up this year and the next (Source: Goldman Sachs), leaving Dapps to leverage this potential source of growth.
There is…

Bitcoin Cannot be Regulated Because it is a Software and There is no Legal Entity Behind it

Decentralized finance (DeFi) protocols operating on Binance have been hacked in recent months. The Bank of International Settlements is forming a committee to analyze crypto-assets exposure to the banks. DeFi protocols will take over the traditional financial markets and is going to be exciting, and cybersecurity will be one of the major aspects of success. Regulating DeFi is a tough job, but regulators are coming after DeFi, says CEO and Co-founder of Reef Chain CEO Denko Mancheski.Ishan PandeyCrypto Veteran. Tokenization, DeFi and Security Tokens – Blockchain.Ishan Pandey: Hi Denko,…

A DEX With All the CEX Upsides

Decentralized Exchanges (DEX) rise in prominence, but centralized exchanges still outrank them when it comes to users. DeversiFi aims to change that.

Considering that cryptocurrencies rely on decentralized blockchain to power them, it doesn’t make sense that much of the crypt space relies on a few specific points of failure — centralized crypto exchanges (CEX).

While Binance, Coinbase, and others provide expediency and convenience, traders must rely on them for security and liquidity. Even more so, users have to give up their private keys for the price of…

Top Crypto Analyst Says Ethereum-Based DeFi Protocol Primed for Breakout As Binance Coin Targets New…

A popular crypto analyst is detailing a set of new predictions for two large-cap crypto assets.
The trader, pseudonymously known as Smart Contracter, tells his 184,000 Twitter followers that Binance Coin (BNB) will likely hit a new all-time high (ATH) well before Bitcoin (BTC) surges above its current record high of $69,044.

“BNB [is] going to send to new ATH from here, probably going to hit it long before BTC does.”

Binance Coin, which is the native crypto asset of the Binance ecosystem, hit its current record high of around $687 in May of 2021 and is trading at $636 at…

WITTY is Building the DeFi Remittance Platform to Become the Crypto Gateway For Africa

WITTY is a fully indigenous African Blockchain FinTech Provider built on the Binance Smart Chain focused on developing Products & Services with the aim of creating a Value Chain in the Decentralized Finance Ecosystem [ DeFi ].
The Vision of WITTY is to play the major role in breaking the third world fence by leveraging Permissionless and Trustless Technologies.
The Mission is to Onboard Africa into the Crypto space one step at a time.
WITTY has identified a big problem in Africa which it intends to solve; it’s a low hanging fruit because no other platform is competing in that…

GA Token Yields an Excellent Opportunity to Earn Passive Income

GreenArrow DAO is a fork of the Olympus DAO, which runs on the Binance smart chain. Each where (GA) token is backed by reserve currency to ensure that the value of the GA tokens con-stantly rises.

Sri Lanka – November 25, 2021 —
When they invest in a GA token, there is an APY of 9000% at the minimum and means that if any users invest $200 in with an APY of 2000%, they will have an aggregate of $4200 after 365 days meaning their investment will multiply the longer they keep. It mainly varies with the amount that has been invested; if they invest a greater amount, the yield will also…

Floki Inu ($FLOKI) Community Uses Petition to Request Binance Listing

The community behind the meme-inspired cryptocurrency Floki Inu ($FLOKI) has started a petition asking leading cryptocurrency trading platform Binance for a listing on it. Getting listed on such an exchange would significantly improve the cryptocurrency’s liquidity.

Through a petition created on Change.org that has already gathered over 14,000 signatures, the cryptocurrency’s community has pointed out that in just four months, $FLOKI is one of the top 70 cryptocurrencies by market capitalization, with a market cap of $2.6 billion.

The petition…

Dogecoin Rival Shiba Inu Becomes First Meme Coin To List In South Korea

Popular meme coin Shiba Inu has marked yet another milestone following its immense success this year. The meme coin which was created as a rival for top meme coin Dogecoin has found its way out of the shadow to its greatest rival. Now, Shiba Inu is standing on its own feet while making strides in the meme coin space.
The digital asset has garnered what could be described as a cult-like following behind it since it hit a new all-time high back in October. It has scored multiple listings on top exchanges such as Coinbase, Binance, and Kraken. In addition to being…

Elon Musk Defends Binance DOGE Holders, CZ Fires Back

Elon Musk has defended DOGE holders on Twitter by calling the Binance Dogecoin situation “shady.” CEO Changpeng Zhao has fired back with a response.
Elon Musk Says Binance DOGE Situation Sounds “Shady”
The SpaceX CEO recently posted a tweet asking the crypto exchange’s CEO Changpeng Zhao about what has been going on with the platform’s Dogecoin problem. Musk thinks that it “sounds shady.”

Hey @cz_binance, what’s going on with your Doge customers? Sounds shady.
— Elon Musk (@elonmusk) November 23, 2021

About a week ago, DOGE wallets on…

Binance Must Intensify AML Compliance For Paris Expansion

Source: AdobeStock / Florence PiotFrench financial sector regulator Autorité des Marchés Financiers (AMF) has announced that crypto exchange Binance needs to intensify its efforts to ensure anti-money laundering compliance if it wants the agency’s backing for its plans to launch a regional registered office in the country’s capital.The latest development comes shortly after Changpeng Zhao, CEO of Binance, announced that Paris would be a “natural choice” for the exchange’s regional, and potentially even global headquarters, Reuters reports.In a November interview with French…

Africa provides unique opportunities for crypto adoption

Changpeng Zhao says challenges such as currency devaluation, difficulty in making cross-border payments and remittances, and the need for financial freedom are driving crypto adoption in Africa.
As the world’s largest cryptocurrency exchange by trading volume, Binance has continued to attract customers from across Africa, one of the fastest-growing destinations for crypto adoption.
Binance CEO Changpeng Zhao has reiterated that Africa offers unique opportunities, not just for the adoption of cryptocurrencies, but also for broader development of the industry.
Why Binance is bullish on…

VP of WazirX NFT Marketplace on NFT Trends, Challenges, Solutions, and More

Vishakha Singh, VP of WazirX NFT Marketplace, and Matt Zahab, the host of the Cryptonews Podcast. Although only a small portion of the Indian population has purchased non-fungible tokens (NFTs) so far, the market is ripe for growth as there is a lot of interest in creating and monetizing content there, Vishakha Singh, Co-founder and Vice President (VP) of WazirX NFT Marketplace, told Cryptonews.com at the Blockchain Economy Expo 2021 conference in Dubai last week.Top India-based crypto exchange WazirX, which is owned by Binance and is planning to launch a non-custodial exchange, has…

Blockchain analytics service Nansen to incorporate DeFi protocol Arbitrum

Blockchain data provider Nansen has announced the upcoming integration of the Arbitrum network to enable its global users, both retail and institutional-grade, to identify emerging trends in the decentralized finance (DeFi) market.Technical charts and quantitative data will be accessible to view within a bespoke Arbitrum dashboard, akin to the more than 100 million data points across Ethereum, Polygon and Binance Smart Chain, among others.One of Nansen’s tools is Smart Money, a function that tracks the wallet addresses of hedge funds, institutional investments and whales, collating their…

Avocado Guild raises USD 18 million to transform into decentralized autonomous organization

Avocado Guild, a play-to-earn (P2E) blockchain gaming guild raised USD 18 million in a Series A funding round, bringing the company’s valuation to USD 200 million, the firm said on Wednesday. This investment was led by Animoca Brands and QCP Soteria Node, with participation from Three Arrows Capital, Solana Ventures, Polygon Studios, Binance Smart Chain, and the executives of GoldenTree Asset Management.
The company will use the fresh capital to scale its tech capabilities and transition to become AvocadoDAO, a decentralized autonomous organization. “Avocado Guild emerged from an…

Binance Smart Chain’s record-breaking maneuvers can have this effect on Binane Coin

At press time, most of the top ten altcoins seemed to be in a tight spot with Bitcoin falling below the $57K mark. Nonetheless, as the bullish market momentum paused for the top coins, some alts (like AVAX and CRO) stole the show with their price action. But there were others like Binance Coin (BNB) that did the same with their network growth. 
BNB seemed to be facing the brunt of the larger market, trading at $565.37 noting 7.63% weekly losses. However, Binance Smart Chain’s growth over the last week left participants baffled.
In fact, ahead of BSC’s next hard fork upgrade,…

Lunar (LNR): The DeFi ecosystem that filled their 1000 BNB presale in 15 seconds

Microcap cryptocurrencies, that is cryptocurrencies with under a $50 million USD market cap, are one of the industry’s fastest-growing segments, and for good reason. These crypto projects generate insane returns with relatively little investment, reaching ROIs as high as 50,000% within weeks. With that being said, actually participating in these returns is easier said than done.
Take Binance Smart Chain (BSC) for example, one of the most popular blockchains for trading microcap crypto tokens. In order to purchase tokens on BSC, investors have to navigate at least three different…

Dvision Network announces first LAND sale with Binance NFT and NFTb on 24th November

Dvision has recently announced that it will be conducting the LAND Sale for its digital estate that will be used in the Dvision Metaverse through tripartite cooperation with Binance NFT and NFTb, allowing its users to participate in the sale on three platforms with different sale structures. Dvision has revealed, that it will be offering 1,450 NFT Mystery Boxes through Binance NFT exclusively for Binance.com users. As the name suggests itself, the mystery box contains a random LAND NFT from the total LAND collection offered by Dvision. The users will be able to purchase the Mystery Box…

Animoca Brands raises $5M for NFT marketplace, Quidd

Quidd, a marketplace for digital collectibles and a subsidiary of Animoca Brands, has raised a total of $5 million in private pre-sales and an initial DEX offering (IDO). The token sale took place on Polkadot project incubator Polkastarter on Nov. 18. The allotment of 2 million QUIDD tokens at a price of US$0.25 per token sold out in under an hour, raising $500,000.Earlier this month, the private sale of the Ethereum-based QUIDD tokens raised US$4 million from investors including Binance Smart Chain Growth Fund, Genesis Block Ventures, Kingsway, Mind Fund Group Ltd, Sanctor Capital,…

BNBMatrix: All You Need to Know Earning Profits with Yield Farming

BNBMatrix.io is a smart contract-based Dapp built on the Binance Smart Chain that allows users to invest in cryptocurrencies. It went live 15 days ago and has already passed the 6200 BNB mark, with the number of BNBs still increasing at the time of writing. The objective is to get the most out of the Binance Smart Chain without investing excessive amounts of time and resources on it.
The Binance Smart Chain (BSC) has experienced a surge in its blockchain activity, including token swaps, decentralized applications, non-financial tokens, and decentralized…

PLS2E.io Genesis Universe (ILO) Share 10,000,,000 P2E Tokens

PLS2E.IO -The best GameFi infrastructure platform(DEX+NFT+GAMEPAD) on Binance Smart Chain and put forward the concept of Earn As A Service (EAAS).
The DeFi trend swept the entire industry in 2020 and develop strongly in 2021. Besides, the changes in the overall staking volume in the DeFi market can directly reflect the development of the DeFi market. The total staking value of DeFi has reached 100 billion U.S. dollars at its peak until 2021 august.
Among them, the three that were once independent-DeFi, NFT, and Game, set off a wave of “financial…

Binance Smart Chain Surges To ATH Activity; How Blockchain Games Are Driving It

Retail users are loving Binance Smart Chain. On a single day, BSC recorded 14.7 million transactions, reaching an all-time high. Behind its momentum are blockchain games and decentralized finance (DeFi) on BSC.
On November 17, the Binance Smart Chain team tweeted:

“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!”

Binance Smart Chain transactions per day.
What’s Catalyzing The Momentum Of Binance Smart Chain?
Binance Smart Chain has been…