

Bullish crypto news like migration, cross-chain interoperability, bridging, and expansion like that of 1inch should be seen as a collaboration towards the growth and increasing adoption of De-Fi.
1inch dex aggregator built initially on the Ethereum blockchain, announced its expansion to the Binance blockchain. This comes as a piece of big news to the Binance Chain community and the entire crypto community. It points to an essential aspect of the De-Fis market’s rising star, the BNB Chain (BSC) network, and its widespread platform adoption.
1inch Dex Aggregator Bridges to Binance Smart Chain

BNB Chain - Beginner Friendly De-Fi
DeFi got its popularity and present widespread adoption on the Ethereum blockchain, which started in the fall of August 2020. “Blue-chip” De-Fi projects like Compound, Aave and Maker Dao saw their tokens rising to all new highs. Currently, DeFi is most developed on the Ethereum blockchain, which retains its number 1 spot in the world as an infrastructure-based blockchain. On top of this, ETH is the number two blockchain project in terms of market capitalization and volume.

This DeFi boom has seen a new peak in Total Value Locked (TVL) at $43.8 Billion a few days ago. This new rise didn’t come without its corresponding bottlenecks for the blockchain powering the assets. Ethereum users started facing hiked gas fees as the difficulty of transacting on the network became high. Without switching to high prices, users’ funds and transactions get stuck and, in most cases, get invalidated. As most traders experience the increasing difficulty caused by high fees and network congestions, there becomes a need to use a better and even faster alternative.
1inch Dex protocol
Outside the infrastructure powering its movement, DeFi got most of its relevance from Dex protocols, where pretty much all of the Defi actions take place. The Dex protocols’ high point was that users do not have to go through the hassles of a centralized exchange order book to get their business done. Wallet to market pair, wallet to liquidity, wallet to wallet interactions, fast, simple, and straightforward.

1inch is a Dex aggregator that works out the best crypto price across decentralized exchanges. The platform launched its governance token 1INCH in December 2020 and currently boasts of a volume of $181 million. The aggregator supports multiple market listings and pairings, rapidly growing popularity next to Uniswap, an Eth-based Dex platform. Today, 1inch makes the list of Eth-based platforms making the migration to BSC.
1inch On The BNB Chain
The highlight feature of the 1inch protocol is its ability to work out the best crypto prices for its users. Moving further the team has created a bridge to achieve the best price through avoiding fees. The Dex announced its expansion into the BSC network in a Twitter thread from its Official handle as well as an official Medium post.

This bridge creates the opportunity for users to switch between Ethereum and Binance protocols with ease. All features of 1inch Liquidity Protocol, 1inch Aggregation Protocol, and $1INCH staking have become available to BSC users by this move. Furthermore, 1inch users will access liquidity from PancakeSwap, BurgerSwap, BakerySwap, and other BSC-based Dexes.
Users and Market Response
The news release has been met with a lot of positive response from Twitter users:

Many users expressed enthusiasm and a sense of relief from the high gas fees of the Ethereum protocol. Based on the price action on the chart as seen on 1hr timeframe and the D1 timeframe, the market is reacting nicely since the news release:

The CoinMarkeCap feed shows the price has gained an impressive 21.46% overall;

The price data presented shows a positive rally, which signifies a bullish run as a reaction to its expansion into the BNB Chain network.
In Conclusion
The effort between BNB Chain and Ethereum blockchain protocols should be seen as collaborative instead of competitive. Both platforms’ users seem to be locking horns these past days under Binance CEO’s tweets. Ironically, BSC offers smart contract functionality and compatibility with Ethereum Virtual Machine (EVM). The design is to keep the Binance broadband network intact while enabling interaction with smart contracts. The two blockchains work side by side, so starting a platform war becomes unnecessary.
Bullish crypto news like migration, cross-chain interoperability, bridging, and expansion like that of 1inch should be seen as a collaboration towards the growth and increasing adoption of De-Fi. In contrast, many see it as a competition or a means to start a Tweet war. Together, the crypto community wins.
What is BNB Chain:

Launched in 2019, BNB Chain is a blockchain platform developed by popular centralized cryptocurrency exchange Binance. Initially, it was launched to support the decentralized exchange Binance. It has since expanded its scope to accommodate the growing number of developers migrating from Ethereum to use the protocol. It is gaining massive relevance, usability, and adoption due to its relatively fair gas price and speed. This has resulted in a record-breaking price of $349 per coin for its native BNB coin.
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Pi Network Announce Second Workshop for Hackathon Participants

Pi Network will host another workshop for Pi Hackathon participants on February 3rd. The session is open to everyone interested in learning about the blockchain.
New Workshop for Developers and Teams
Following a successful online orientation workshop on January 20th, Pi Network is set to host another shortly. The protocol calls on all hackathon participants and Pioneers to attend its upcoming “Technical Workshop and AMA.”
The new online program is scheduled for Friday, February 3rd, at 3 PM UTC. Like the first iteration, the Technical Workshop and AMA will be held via Zoom. Pi Network disclosed through its official Twitter page that the session is open to anyone to ask questions and learn more about the blockchain.
🔥@PiCoreTeam will hold 2nd session on February 3rd, 2023 - Technical workshop and AMA
— Pi News (@PiNewsMedia) February 1, 2023
📅Time: 7 a.m. PST
🎙️Conference link: https://t.co/wXL2k9vsZb
Everyone is encouraged to attend a study session in case you have any questions. Additionally, attendees will be rewarded in Pi pic.twitter.com/s0KeQ4PdFa
Further, attendees stand a chance to win Pi rewards. Pi Hackathon participants should check their emails for more details about the event, including the Zoom link to join. Non-participants can also join the event through the Pi Hackathon website.
The Pi Hackathon started on January 9th, welcoming developers and teams looking to build on Pi Network across three themes: Social Media, GameFi, and Consumer Utilities. Since then, over 4000 users have registered for the event to gain support and funds for launching on Pi Open Mainnet.
While Pi is still an enclosed mainnet, the number of innovative Decentralized Applications (dApps) interested in building on the mobile mining blockchain is a positive development. BSC News has been following these protocols accordingly. You can check out some of the top five noteworthy projects on the Pi Hackathon HERE.
What is Pi Network:
Pi Network is a novel cryptocurrency and developer platform that allows mobile users to mine Pi coins without draining the device’s battery. Pi’s blockchain secures economic transactions via a mobile meritocracy system and a full Web 3.0 experience where community developers can build decentralized applications (dapps) for millions of users.
Where to find Pi Network:
Website | Twitter | LinkedIn | Facebook | Instagram |
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Immutable X’s New Passport is “Giant Leap” for Web3 Gaming

The fastest growing Web3 gaming platform in 2022 is working on a way to onboard users even easier.
New Immutable X Web3 Gaming Passport
Immutable X has announced the upcoming launch of a new Web3 Gaming Passport designed to be an easy-to-use non-custodial Web3 wallet to onboard new users.
The new development seeks to solve the major obstacle of onboarding users to Web3 by eliminating barriers to “streamline user onboarding,” according to the Immutable X website. Robbie Ferguson, CoFounder of Immutable X, called the move a “giant leap” for Web3 gaming in his tweet which accompanied the announcement.
Introducing Immutable Passport, your passport to the future of gaming 🎮
— Immutable 🅧 - $IMX (@Immutable) January 31, 2023
We are developing Immutable Passport, the instant non-custodial wallet onboarding solution for web3 games. Designed to onboard the next billion users into web3 #onIMXhttps://t.co/A8WKmGUxlV pic.twitter.com/NOxmZl2vDk
Immutable X was the fastest-growing blockchain and NFT gaming platform in 2022. A recent DappRadar report showed that Immutable X’s trading volume jumped 250% from 2021 to over $87 million. This was the biggest jump in Web3 for the year and the only major platform to see green numbers.
The development of the passport system could help Immutable X take even more market share into 2023 by making the onboarding to Web3 as easy as possible using familiar interfaces from Web2.
“For Web3 gaming to reach a billion players, onboarding must be invisible, secure and work across any game – mobile, console or desktop," Ferguson told CoinDesk. "Passport is a self-custodial wallet, where users can sign in with just an email and one-time password – it will be a game changer for players and radically reduce user acquisition costs."
The new passport is set to launch in April 2023.
What is Immutable X:
Immutable X is the leading Layer 2 scaling solution for NFTs to enable gas-free minting and trading, while not compromising the security of the most used blockchain globally for NFTs, Ethereum. The solution offers instant trade confirmation, massive scalability (up to 9,000 transactions per second), and fantastic developer and user experience. Immutable X has announced integrations with established marketplaces such as OpenSea and Mintable, and is powering some of the largest content creators in the world like Tiktok, Disney, Marvel, and more.
Where to find Immutable X:
Website | LinkedIn | Twitter| Discord | Reddit |
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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PCM will not charge users who utilize the feature to withdraw 50 Pi daily. Additionally, the protocol is working on allowing bulk withdrawals in the future.
Pi Withdrawal Goes Live
Pi Chain Mall (PCM) has launched the highly anticipated Pi withdrawal function. Users can now withdraw Pi coins on the marketplace.
PCM vendors will be able to withdraw 50 Pi daily. The protocol plans to increase the withdrawal limit through a merchant verification system, allowing verified merchants to withdraw thousands of $Pi. PCM announced the launch on February 1st, embedding an image of the numerous users already utilizing the feature.
Pi Withdrawal function is launched on Pi Chain Mall🚀🚀🚀
— PiChain International (@pichainmall) February 1, 2023
1/5
The Pi withdrawal function has been launched on Pi Chain Mall. Each user can withdraw 50 Pi per day. After the launch of merchant verification system, verified merchant can withdraw more Pi. pic.twitter.com/HiDVr5UzUG
Following the successful launch, the PCM team wrote to BSC News, expressing delight at becoming the first marketplace on Pi Network to integrate the withdrawal function.
“After months of development and testing, we are launching the Pi withdrawal function! We are probably the first and the largest Pi marketplace for launching the large-scale automatic Pi withdrawal function. We believe this could bring more liquidity for the Pi ecosystem,” PCM wrote.
As BSC News reported on January 30, users interested in withdrawing Pi from PCM must complete email verification and set up a 2FA key using Google Authenticator, as it is imperative to the security of their assets.
PCM does not charge any fees for Pi withdrawals. However, vendors will be charged 0.01 Pi for transaction fees on the blockchain. Already, users have started dropping positive reviews about the feature. Visit the PCM website (pipcm.com) on Pi Browser to learn more.
At this time, the Pi Network Core Team has not confirmed an official connection between Pi Network and fiat.
What is Pi Network:
Pi Network is a novel cryptocurrency and developer platform that allows mobile users to mine Pi coins without draining the device’s battery. Pi’s blockchain secures economic transactions via a mobile meritocracy system and a full Web 3.0 experience where community developers can build decentralized applications (dApps) for millions of users.
Where to find Pi Network:
Website | Twitter | LinkedIn | Facebook | Instagram |
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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LFGSwap will leverage Core’s large ecosystem to attract numerous users in the industry.
Building With the CORE Ecosystem
LFGSwap, a top-tier Decentralized Exchange (DEX) built on the Core network, has announced its strategic partnership with the Satoshi Plus-backed blockchain.
The DEX, which offers users numerous features, including Swapping, Farms, Pools, and IFOs, will utilize the collaboration to connect with Core’s large ecosystem. LFGSwap announced the impressive development on February 1st via Twitter. BSC News spoke to the LFGSwap core team, and one of the representatives, Hunter, lauded the partnership.
🔥LFGSwap officially announced a strategic partnership with @Coredao_Org.
— LFGSwap🕶️ #ETHW #CORE (@LFGSwap) February 1, 2023
🦾We will support the canonical and wrapped assets powered by @Coredao_Org and @LayerZero_Labs.
🕶️No matter you are an individual or a project party, feel free to dm us.Let's build CORE together! pic.twitter.com/i6AGf1aDpC
“Our team sees an incredible opportunity to join an ecosystem with so many builders and to work together with many projects through our recognized products such as Swap, Farm, Pools, and IFO, bringing more professional and highly playable ecological applications to users of the entire Core ecosystem,” Hunter said.
According to Hunter’s statement, the strategic partnership will ensure that LFGSwap unveils its product suite to top protocols building atop the Core blockchain. Further, the DEX will benefit from the network’s large ecosystem, attracting many users in the Decentralized Finance (DeFi) space:
“It is great to have strategic cooperation with such a professional team as Core. They have a huge community of users. Core deployment also marks the first time that LFGSwap has worked closely with a blockchain team to deploy on a blockchain,” the team added.
LFGSwap will look to build on its development with the strategic partnership. The protocol is working on collaborating with other platforms to give users the best DeFi experience. BSC News will closely monitor DEX’s progress in the industry.
What is LFGSwap
LFGSwap is a Decentralized Exchange (DEX) built on Ethereum Proof of Work (ETHW) and, most recently, Core. The DEX offers users a product suite with services like Farming, Staking, Swapping, and more. The LFG token is the protocol’s native cryptocurrency.
Where to find LFGSwap:
What is Core DAO:
Core DAO is the official decentralized organization developing the Satoshi Plus ecosystem. It represents an opportunity for miners to access new revenue streams by contributing hash power to the chain. Inspired by the principles of both blockchains, Core displays a deep appreciation for the crypto ecosystem's history and an even greater excitement for Core’s role in its future.
Where to find Core DAO:
Website | Docs | Twitter | Discord
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Happy birthday, FEG Token! Team members marked the second anniversary of the BNB Chain and Ethereum DeFi project's launch. Cheers!
Happy Birthday, Gorillas!
The crypto sector can be a cruel mistress, so every year that a Web3 project survives is cause for celebration. Accordingly, the FEG Token team took a few moments to recognize the second anniversary of the launch of the project (formerly called Feed Every Gorilla).
Two years have passed since your birthday
— FRDFEG (@FARDFEG) January 31, 2023
In these two years, you showed that you were born to stay & for success
Happy Birthday @FEGtoken ❤️@GingerMammoth1@Ste_Cha_FEG @RTRcrypto @FEGtomi @elonmusk @GENOCUNN @FEG_HH #bullish #fegtoken #birthday #btc #bnb #ETH @lifeisdefi pic.twitter.com/E91YZsBSgv
Happy Birthday FEG 🎂🦍
— Adopted_a_Gorilla_on_DeFi (@Ina_deFi_jungle) January 31, 2023
Today you are 2 years old 🥳🎉🎈
I just would like to say thank you to @FEGtoken and @lifeisdefi for making this project possible 🤝🫡#FEG $FEG #fegtoken #ethereum #binance #altcoins #GOTW #Coinbase #FTW #Grafene #Deployer #Aggregator #SmartDeFi pic.twitter.com/7xwrj9BPON
Happy Birthday #FEG Family ❤️
— PrinceZF (@FEGPrinceZF) January 31, 2023
Let's keep it rolling 🔥💪🏼 pic.twitter.com/IAgQTMX5RA
Like the entire crypto sector, FEG has seen its fair share of blistering heights -- particularly peaking in Spring 2021 and Fall 2022 -- as well as frustrating lows as the project churns through the current bear market.
Big things could be on the horizon, as the project’s much-anticipated Smart DeFi 2.0 product is set to launch in the first quarter of the year.
What is FEG Token:
FEG Token is a decentralized transaction protocol on Ethereum and BNB Chain. FEG was created by FEGrox, the project’s pseudonymous lead developer. The native FEG token is a hyper-deflationary, community-driven governance token with a 2% transaction tax. FEG offers an entire ecosystem built with a focus on reshaping and evolving how decentralized finance works. It includes a FEG Exchange for swapping, staking and providing liquidity to tokens, as well as fWraps, which enable users to wrap another cryptocurrency like ADA, DOGE, or XRP and receive rewards.
Where to find FEG:
Website | Twitter | Medium | Whitepaper | Instagram | Telegram | Reddit | Discord | Youtube |
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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