Binance Smart Chain

Optimism grows for layer-two scaling after Etherscan integration

Full blockchain data is now available for layer-two platform Optimistic Ethereum. The Ethereum layer-two scaling solutions provider Optimism has announced a collaboration with blockchain analytics platform Etherscan. In an announcement on May 21, the technology provider declared it a major usability milestone, stating that it makes highly technical information easily searchable and human-readable. The firm...

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Bitcoin correction heralded as a ‘BTD’ opportunity, but what about DeFi?

DeFi protocols were buzzcut as their token values plummeted and the total value locked on all platforms fell to levels not seen since April. Cryptocurrency investors are still picking up the pieces from the May 19 market-wide implosion which saw Bitcoin (BTC) drop to an unexpected low at $30,000. Post-mortem analysis now shows that the correction...

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$50M reportedly stolen from BSC-based Uranium Finance

Uranium Finance joins the growing list of hacked projects on the Binance Smart Chain network. Uranium Finance, an automated market maker platform on the Binance Smart Chain, has reported a security incident that resulted in a loss of about $50 million. Tweeting on Wednesday, Uranium revealed that the exploit targeted its v2.1 token migration event...

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