BSC Flash Loan Attack: The Three Copycats

BSC Flash Loan Attack: The Three Copycats

A series of attacks compromised several Binance Smart Chain (BSC) projects in May. Following PancakeBunny, its three forks projects — AutoShark, Merlin Labs, and PancakeHunny — were also attacked using similar techniques. PancakeBunny suffered the most costly attack of the four, which saw nearly $45M in total damages. In this article, Dr. Chiachih Wu, Head…

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Cardano Aims To Facilitate Users With Smart Contracts

Cardano Aims To Facilitate Users With Smart Contracts

According to the announcement from IOHK, “Project Alonzon testnet” has moved from Blue to White and is making it possible for Cardano to launch smart contracts. IOHK is the development team of the Cardano blockchain. The team made the announcement recently, revealing that the testnet is successful. Related Reading | Anthony Di Lorio To Leave…

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Bitcoin Supply On Crypto Exchanges Begins to Drop as BTC Reclaims $33k

Bitcoin Supply On Crypto Exchanges Begins to Drop as BTC Reclaims $33k

Bitcoin supply on crypto exchanges has once again started to drop, almost equaling January lows Bitcoin outflows from exchanges have exceeded inflows by 2,333 BTC in the last 7 days Elon Musk and ‘The ₿ Word’ Bitcoin conference is one reason BTC is bullish once again Jack Dorsey stating that Bitcoin will be a big…

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Investing In Bitcoin Mining Businesses Is Also A Sign Of Institutional Acceptance

Investing In Bitcoin Mining Businesses Is Also A Sign Of Institutional Acceptance

Last quarter, the New Jersey Pension Fund invested heavily in two Bitcoin mining giants. A small step for institutional investors, the move might represent something much bigger. There’s a hunger for Bitcoin exposure at the highest levels, but just owning the asset might be too risky or inconvenient for some of those big players. And,…

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Harmony Organizes $1M Hackathon To Bridge DeFi and Traditional Finance

Harmony Organizes $1M Hackathon To Bridge DeFi and Traditional Finance

According to the information available, Harmony Hackathon will last for six weeks. The Hackathon will commence on August 15, 2021, and ends on September 30, 2021. Related Reading | Ether EFT Gets Approval From Brazilian Securities Regulator There will be three categories, and each one will have four challenges for the experts to complete. 🚀 1/…

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Binance Smart Chain Daily Transaction Count Grows by 92% in One Month

Binance Smart Chain Daily Transaction Count Grows by 92% in One Month

The daily transaction count on the Binance Smart Chain has increased by 92% in one month Active daily addresses on the Binance Smart Chain have increased by 33% in the same time period Dapps on the Binance Smart Chain are growing with games and play-to-earn applications leading the rest in unique wallet interactions 4 of…

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Price analysis 7/23: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC

Price analysis 7/23: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC

Bitcoin and most major altcoins are meeting resistance at higher levels but the bearish sentiment of the last two months seems to be reducing. Bitcoin’s (BTC) recovery is facing resistance near $32,500, suggesting that the ride higher may not be an easy one. However, a positive sign is that demand for cryptocurrencies remains strong and…

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