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Defi Hack: BXH Protocol Becomes Latest Defi Victim on BSC, Loses $130 Million

The list of Defi protocols getting hacked continues to grow especially on Binance Smart Chain (BSC) as another decentralized transaction protocol BXH informed earlier today about the hack. The official twitter hadle of the protocol revealed that the attack was limited to BSC and assets on Ethereum, OEC and HECO were safe. 🚨🚨We are sorry

The list of Defi protocols getting hacked continues to grow especially on Binance Smart Chain (BSC) as another decentralized transaction protocol BXH informed earlier today about the hack. The official twitter hadle of the protocol revealed that the attack was limited to BSC and assets on Ethereum, OEC and HECO were safe. 🚨🚨We are sorry

binance coin
Altcoin News
binance coin
Altcoin News

Binance Coin (BNB) Shoots 15% Amid Strong Accumulation By Whales

After major consolidation at around $400 levels for the last week, Binance Coin (BNB) is showing strong price action gaining 15% today. As of press time, BNB is trading 14.57% up at a price of $465 and a market cap of $78 billion. With its recent price rally, BNB has once again flipped Cardano (ADA)

After major consolidation at around $400 levels for the last week, Binance Coin (BNB) is showing strong price action gaining 15% today. As of press time, BNB is trading 14.57% up at a price of $465 and a market cap of $78 billion. With its recent price rally, BNB has once again flipped Cardano (ADA)

Hacker
DeFi News
Hacker
DeFi News

Hacking Alert: Popsicle Finance ($ICE) Suffers $25 Million Exploit, Price Falls by 50%

Popsicle Finance ($ICE), a multichain yield optimization platform for liquidity providers has become the latest Defi protocol to face a major exploit on its network. The hackers managed to drain a whopping $25 million by exploiting a bug in the reward debt mechanism. Mudit Gupta, a known bug bounty hunter explained that the protocol doesn’t

Popsicle Finance ($ICE), a multichain yield optimization platform for liquidity providers has become the latest Defi protocol to face a major exploit on its network. The hackers managed to drain a whopping $25 million by exploiting a bug in the reward debt mechanism. Mudit Gupta, a known bug bounty hunter explained that the protocol doesn’t

Matic
Altcoin News
Matic
Altcoin News

Polygon’s Daily Transaction Volumes Exceeds Ethereum (ETH) and Binance Smart Chain (BSC)

Blockchain network Polygon has been in the news for quite a while now and it continues to hit new milestones. The Polygon network has hit a new record-high in daily transaction volumes shotting to a massive 7.4 million. Interesting, Polygon’s transaction volumes have exceeded that of giants like Ethereum (ETH) and the Binance Smart Chain

Blockchain network Polygon has been in the news for quite a while now and it continues to hit new milestones. The Polygon network has hit a new record-high in daily transaction volumes shotting to a massive 7.4 million. Interesting, Polygon’s transaction volumes have exceeded that of giants like Ethereum (ETH) and the Binance Smart Chain

DeFi News
DeFi News

BurgerSwap Flash Loan Attack on Binance Smart Chain (BSC) Sweeps $7 Million In Losses

Binance Smart Chain (BSC), the Ethereum-competitor for DeFi protocols, is facing severe flash loan attacks since the beginning of May 2021. The latest victim has been DeFi protocol BurgerSwap. The platform recently updated that at around 3 AM on Friday, May 28, BurgerSwap faced a flash loan attack on BSC wherein the attackers swept $7.2

Binance Smart Chain (BSC), the Ethereum-competitor for DeFi protocols, is facing severe flash loan attacks since the beginning of May 2021. The latest victim has been DeFi protocol BurgerSwap. The platform recently updated that at around 3 AM on Friday, May 28, BurgerSwap faced a flash loan attack on BSC wherein the attackers swept $7.2

Altcoin News
Altcoin News

AutoShark Finance Is the Latest Victim to the Third Flash-Loan Attack On Binance Smart Chain In A Week

Flash loan attacks on the Binance Smart Chain (BSC) are becoming an everyday affair now. DeFi protocols are becoming much more vulnerable to attackers exploiting the (BSC) platform. In a third flash-loan-attack incident within a week’s time,  AutoShark Finance has been the latest victim. Blockchain security and data analytics firm PeckShield reported this incident and

Flash loan attacks on the Binance Smart Chain (BSC) are becoming an everyday affair now. DeFi protocols are becoming much more vulnerable to attackers exploiting the (BSC) platform. In a third flash-loan-attack incident within a week’s time,  AutoShark Finance has been the latest victim. Blockchain security and data analytics firm PeckShield reported this incident and

Bitcoin
DeFi News
Bitcoin
DeFi News

Binance Smart Chain-based Bogged Finance Falls Victim to Flash Loan Attack, BOG Tanks 98%

The Binance Smart Chain (BSC) is becoming more vulnerable to flash loan attacks on the DeFi protocol running over the platform. On Saturday, May 22, BSC faced a second such attack in a week’s time with the victim being the Defi protocol Bogged Finance (BOG). Earlier this week, a similar incident was reported for BSC-based

The Binance Smart Chain (BSC) is becoming more vulnerable to flash loan attacks on the DeFi protocol running over the platform. On Saturday, May 22, BSC faced a second such attack in a week’s time with the victim being the Defi protocol Bogged Finance (BOG). Earlier this week, a similar incident was reported for BSC-based

Bitcoin
DeFi News
Bitcoin
DeFi News

BSC Based ValueDefi Exploited For $11M by Scammers

ValueDefi, a Binance Smart Chain based Defi protocol has become the latest protocol on BSC to face exploit as scammers managed to exploit its automated market maker (AMM) known as vSwap to steal $11 million worth of crypto assets from non 50/50 pools. This is the second exploit on the ValueDefi within a week as

ValueDefi, a Binance Smart Chain based Defi protocol has become the latest protocol on BSC to face exploit as scammers managed to exploit its automated market maker (AMM) known as vSwap to steal $11 million worth of crypto assets from non 50/50 pools. This is the second exploit on the ValueDefi within a week as

Altcoin News
Altcoin News

$CAKE Price Surges 30% WoW As PancakeSwap Preps for Initial Farm Offering 2.0

$CAKE, the native cryptocurrency of BSC-based platform PancakeSwap has gained 10% today hitting its all-time high of $22.30 with its market cap crossing $3.3 billion. Over the last week, $CAKE price has delivered a strong performance gaining 30%. The recent $CAKE price rally is also backed by massive surge in the transaction volumes on the

$CAKE, the native cryptocurrency of BSC-based platform PancakeSwap has gained 10% today hitting its all-time high of $22.30 with its market cap crossing $3.3 billion. Over the last week, $CAKE price has delivered a strong performance gaining 30%. The recent $CAKE price rally is also backed by massive surge in the transaction volumes on the

binance coin
Altcoin News
binance coin
Altcoin News

$BNB Rises to New ATH Amid Growing Defi Market on BSC

Binance Exchange’s native token Binance Coin (BNB) recorded another ATH yesterday of $412.26 after spending most of March in consolidation. BNB’s rise this bull season has nothing sort of phenomenal rising from under $50 towards the end of February to a new ATH above $400. The phenomenal rise of BNB was mainly aided by the

Binance Exchange’s native token Binance Coin (BNB) recorded another ATH yesterday of $412.26 after spending most of March in consolidation. BNB’s rise this bull season has nothing sort of phenomenal rising from under $50 towards the end of February to a new ATH above $400. The phenomenal rise of BNB was mainly aided by the

brave browser
Altcoin News
brave browser
Altcoin News

Breaking: Brave (BAT) Joins Binance Smart Chain(BSC) Ecosystem to Expand its Defi Growth

The native token of Brave Ecosystem BAT has added Binance Smart Chain (BSC) integration in a bid to accelerate its Defi growth and adoption.  BAT holders can use numerous bridges that connect Ethereum and Binance Smart Chain to participate in the DeFi ecosystem on BSC. Huge https://t.co/bz0IYBMfsm — CZ 🔶 Binance (@cz_binance) March 22, 2021

The native token of Brave Ecosystem BAT has added Binance Smart Chain (BSC) integration in a bid to accelerate its Defi growth and adoption.  BAT holders can use numerous bridges that connect Ethereum and Binance Smart Chain to participate in the DeFi ecosystem on BSC. Huge https://t.co/bz0IYBMfsm — CZ 🔶 Binance (@cz_binance) March 22, 2021

DeFi Project Reviews
DeFi Project Reviews

PUMPY FINANCE: Earn Over 300% APY Yield at the Lowest Fees on BSC

The growing demand for yield farming products in tandem with the decentralized finance (DeFi) ecosystem, has seen a furry of projects come up. The key selling point for each new “yield farm”, “liquidity pool” or “AMM” is offering the users the highest returns. Pumpy Finance, a DeFi project launched on Binance Smart Chain (BSC), offers

The growing demand for yield farming products in tandem with the decentralized finance (DeFi) ecosystem, has seen a furry of projects come up. The key selling point for each new “yield farm”, “liquidity pool” or “AMM” is offering the users the highest returns. Pumpy Finance, a DeFi project launched on Binance Smart Chain (BSC), offers

Binance
Altcoin News
Binance
Altcoin News

Binance Smart Chain (BSC) Records New ATH on Several on-Chain Metrics Against Ethereum

Binance Smart Chain (BSC), the native blockchain of Binance Exchange has recorded several on-chain ATH against Ethereum amid surging popularity. BSC has become the go-to choice for ERC-20 traders as well as Defi traders as the growing gas fee of the Ethereum network has made it a cheaper alternative. The recent rise in popularity has

Binance Smart Chain (BSC), the native blockchain of Binance Exchange has recorded several on-chain ATH against Ethereum amid surging popularity. BSC has become the go-to choice for ERC-20 traders as well as Defi traders as the growing gas fee of the Ethereum network has made it a cheaper alternative. The recent rise in popularity has

Cyber attack
Altcoin News
Cyber attack
Altcoin News

Breaking: Binance Smart Chain Listed Cream and Pancake Defi Protocols Falls Prey to DNS Hijack

Pancake Swap, Cream Finance, and few other Defi protocols listed on Binance Smart Chain (BSC) have reportedly experienced a DNS breach from a third-party. Binance CEO Changpeng Zhao has asked traders to stay away from these breached Defi protocols until the risk is mitigated. A number of DeFi projects are under DNS hijack attack. Pancake,

Pancake Swap, Cream Finance, and few other Defi protocols listed on Binance Smart Chain (BSC) have reportedly experienced a DNS breach from a third-party. Binance CEO Changpeng Zhao has asked traders to stay away from these breached Defi protocols until the risk is mitigated. A number of DeFi projects are under DNS hijack attack. Pancake,

Binance
Altcoin News
Binance
Altcoin News

BNB Breaches $300 As Binance Smart Chain Defi TVL Reaches $13.8B

Binance Coin (BNB), the native token of the Binance ecosystem and Binance Smart Chain (BSC) has risen above $300 again recording a new 15-day high of $315. The utility token started rising towards the end of January from just under $50 and rose to a new all-time high of $342, before entering into a consolidation

Binance Coin (BNB), the native token of the Binance ecosystem and Binance Smart Chain (BSC) has risen above $300 again recording a new 15-day high of $315. The utility token started rising towards the end of January from just under $50 and rose to a new all-time high of $342, before entering into a consolidation

scam
Altcoin News
scam
Altcoin News

BSC Project Meerkat Finance Allegedly Rug Pulls Nearly $32 Million in BUSD & BNB

Meerkat Finance, a Binance Smart Chain project has allegedly rug pulled 13.96 million BUSD and 73,635 BNB with a combined total of nearly $32 million, making it the biggest fraud on Binance Smart Chain. The project claimed their system was hacked earlier, but currently the main website cannot be accessed, making many believe that they

Meerkat Finance, a Binance Smart Chain project has allegedly rug pulled 13.96 million BUSD and 73,635 BNB with a combined total of nearly $32 million, making it the biggest fraud on Binance Smart Chain. The project claimed their system was hacked earlier, but currently the main website cannot be accessed, making many believe that they

bnb
Altcoin News
bnb
Altcoin News

BNB Registers New ATH of $148.7 as Price Surges by 200% in Past Week

The price of Binance Coin (BNB), the native token of the Binance Smart Chain has skyrocketed to a new ATH of $148 today after breaking the $100 price yesterday. The token has risen by nearly 200% in the last week making it one of the best performing altcoins. The price of the BNB token breezed

The price of Binance Coin (BNB), the native token of the Binance Smart Chain has skyrocketed to a new ATH of $148 today after breaking the $100 price yesterday. The token has risen by nearly 200% in the last week making it one of the best performing altcoins. The price of the BNB token breezed

Altcoin News
Altcoin News

DeFi Dominance: Binance Coin [BNB] Hits $33.04 High With Large Transaction Volumes

After a rocky sideways movement for over 2 months, Binance Coin (BNB) struggled its way to the top to reach $33.04, its highest since the last $31.64 hike yesterday. For a short period, Binance Coin (BNB) overtook Polkadot and Chainlink to rank the fifth-largest cryptocurrency by market capitalization. At the time of writing, Polkadot replaced

After a rocky sideways movement for over 2 months, Binance Coin (BNB) struggled its way to the top to reach $33.04, its highest since the last $31.64 hike yesterday. For a short period, Binance Coin (BNB) overtook Polkadot and Chainlink to rank the fifth-largest cryptocurrency by market capitalization. At the time of writing, Polkadot replaced