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What are Smart Contracts
February 18, 2021
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The most significant adoption will be mainstream businesses using smart contracts for daily use. Imagine going to the grocery store with no wallet, no paper bills, and only your mobile device to sign agreements using smart contracts.
Introduction to Smart Contracts
Following closely in the success and widespread adoption of blockchain technology and cryptocurrency are Smart Contracts’. These are many lines of code that serve specific purposes, which the Ethereum Blockchain widely adopted. Ethereum, Co-founded by Vitalik Buterin, follows closely on Nick Szabo’s heels, the first person to introduce the idea of smart contracts in an academy paper in 1994; since then, the technology has witnessed increased growth.
In the 1990s, the term “Smart Contract” became first used and widely propagated by Nick Szabo, a digital scientist, legal scholar, and cryptographer. He was known for his research in digital contracts and digital currencies. He described a Smart Contract as a tool that formalizes and secures a computer network by combining a protocol with the user’s interface.
Since his work in Bit Gold, which many believed is a precursor to modern-day Bitcoin, the Smart Contract concept has grown in popularity, receiving adoption for further use cases. The bulk of what we come to do today on the blockchain results from Smart Contracts. For example, Decentralized exchanges (DEX), Wallets, Dapps, and binding enterprise contracts are all made possible by Smart Contract implementation.
What Are Smart Contracts?
Smart contracts are bits of computer codes that perform a specific set of instructions, written as a piece of code designed to carry out particular instructions. Smart Contracts have functions that are well suited for individuals and organizations on an enterprise-level, servicing both Businesses to Consumer (B2C) or Business to Business (B2B) customers. This allows for a large reduction of the bureaucracies encountered in an organization: scaling efficiencies, automating throughput, output, and input.
This code creates self-executing contracts between buyers and sellers in an enterprise system. The code therein, as well as the contract, lives on the distributed network of the blockchain. The code controls specific actions while the transactions can be tracked, but they are irreversible (or reversible depending on the code’s configuration). These lines of codes are deployed on the framework of specific machines like the EVM, which houses Smart Contract codes and has rules for guiding executions.
Ethereum Virtual Machine (EVM)
As mentioned, the Smart Contract was made famous by the Ethereum blockchain using the Ethereum Virtual Machine, a state of Turing complete machine that exists solely to keep the continuous, uninterrupted and immutable operation of this unique state machine. It is the environment in which all Ethereum accounts and Smart Contracts live. At every given time, Ethereum has only but one canonical state, and EVM determines and defines the rule of the activities carried out in a valid form from block to block.
Ethereum uses the Turing complete ability, making it a distinct blockchain compared to Bitcoin, which uses a Turing Incomplete machine, providing an infinite number of possibilities to solve computational problems no matter how complex. The Turing ability of EVM made it possible to create multiple addresses and Smart Contracts deployed on the Ethereum blockchain.
Binance Smart Chain
Binance Smart Chain (BSC) network is the rising star in the Smart Contract business. It recently surpassed Ethereum with a whopping 30% larger transaction volume. It’s no surprising outcome following the insane fees incurred when users interact with the Ethereum network. The resultant of such ridiculous prices have pushed many projects to start deploying smart contracts on the Binance Smart Chain or bridging their project or tokens to other blockchains. With speed and low fees on the Binance network, users and project developers are sticking with Smart Contracts due to their prevailing attributes.
Attributes of Smart Contracts
Typically, most smart contracts in operation today are deployed on the Ethereum blockchain using the Ethereum Virtual Machine, which standardizes Smart Contracts’ creation under the ERC-20 standard. As for the BSC the same followers except the BEP-20 token standard is enforced. These standards possess specific characteristics;
- Immutability: Smart contracts can’t be modified after deployment. They can, however, be deleted if the code is written upon creation. Deletion of Smart Contract was made possible after the big hack of the Ethereum “The Dao” Smart Contract, resulting in loss of investors funds and subsequently forking the Ethereum blockchain into two, main Ethereum and Ethereum Classic. Thus, we may say Smart Contract provides Tamper Proof codes.
- Deterministic: Smart Contracts are deterministic. They only perform actions assigned using the “If and When” condition to execute a contract. The result will stay the same no matter who triggers the function.
- Trustlessness: Smart Contracts enhance the trustless nature of the blockchain protocol. Two parties without the need for intermediaries can enter and execute contracts without knowing or trusting each other. Blockchains ensure the accuracy of the data irrespective of the parties involved.
- Transparency: Since Smart Contracts are hosted on the blockchain, the data entered and executed are open for view by all.
- Self-Executing: They are autonomous. Smart Contracts can self-execute functions without the interference of humans. Although in many cases, if the Smart Contract is not triggered, it will stay inactive, being deployed, it runs on its own.
- Distributed: A vital aspect of the Smart Contract function is having them spread across all nodes on the Ethereum blockchain, giving them distinct characteristics compared and increased security.
All of these attributes contribute to various aspects of the industry. One such part of the industry that has been a big beneficiary of Smart Contract growth is the blockchain’s Decentralized Finance branch.
Decentralized Finance (DeFi)
Smart Contract is a pivotal contributor to the success of the current decentralized economy. Decentralized Finance (DeFi) started the boom of the present bull market since the fall of last year. They depend heavily on Smart Contracts to execute certain essential functions like Flash Loans, Yield Farming, Dex protocols, etc. Due to this, Smart Contract is responsible for the immense growth in value of the current market.
The Significance of Smart Contract
As programmable code, a smart Contract can be deployed and used in various ways, offering many kinds of services and solutions. With these autonomous abilities, the possibilities are limitless. The technology is applicable in areas such as;
- Insurance: Automating insurance claims, reducing the time duration for payment of claims. For example, when in a car accident, the smart contract can correctly identify this and automate payment to the insured.
- Copyright: Copyright becomes easy to manage and track since the smart contract can ensure that royalties go to the intended recipient in a decentralized system.
- Supply chain management: smart contract would help users track their goods, ensuring goods get to the right target while confirming receipt.
- Digital Identity: Allowing users to control how their data are stored and used. Smart contracts are becoming popular in this area by helping individuals manage their identity containing data, reputation, and digital assets.
Smart Contract Appeal
Generally, anything that makes life easier through automating human effort and reducing possible human error is valuable. Smart Contract utility is applicable in many ways other than finances, including gaming, tokenized assets, governance, DEX creation, and mobile dapps, increasing its appeal and growth in the blockchain community. But, they do come with their fair share of weaknesses.
Weaknesses of Smart Contracts
Despite its autonomous attributes, trustless, decentralized, and immutable properties, smart contracts are written by humans, presenting some level of vulnerabilities prone to attack and exploits. Although innovations are always ongoing to improve security, there are no 100% attack-free smart contracts, as rug pull cases are still rising. The best action against exploits has been frequent upgrades and monitoring of activities from the development team. Even though the current Ethereum standard allows for a rollback of stolen funds and deletion of Smart Contracts, there has been growing concern around blockchain’s centralization due to this feature. Many argued that this feature could be used the wrong way despite its noble intentions.
Being a smart contract doesn’t mean there is any sort of legal binding in transactions. The legality of smart contracts is still in murky waters with various country’s legal standings. A legal contract is binding when an intermediary party that must witness such exchange is present, and the contracting parties are above 18 years old, the legal age recognized by most countries of the world. So far, these two core aspects of what a legal contract should entail are missing in the current framework of Smart Contracts, leaving it open for legal issues with financial regulations.
Concluding Thoughts
It’s noteworthy that smart contracts are the only weak point of issuing blockchain despite its vulnerability potentials as most blockchain protocols are built solid. For example, a vulnerability in a smart contract code deployed on the Ethereum blockchain does not in any way mean the Ethereum blockchain is exploited or has the chances of being exploited. Being a Turing machine, Ethereum blockchain has the inbuilt ability to continue development and improvement to solve more problems till infinity as they come.
The most significant adoption will be mainstream businesses using smart contracts for daily use. Imagine going to the grocery store with no attachments, no paper bills, and only your mobile device to sign agreements using smart contracts. That’s the type of adoption smart contracts are leaning towards, and each day, the possibilities are increasing.
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Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
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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Terraform Co-Founder Do Kwon Arrested in Montenegro After Months on the Run
March 25, 2023
Do Kwon has also been charged with fraud by US prosecutors, who issued an eight-count indictment against him for securities fraud, wire fraud, commodities fraud, and conspiracy.
Do Kwon Caught at Podgorica Airport
Do Kwon, co-founder of Terraform Labs, was arrested by Montenegro police at Podgorica airport while trying to board a flight to Dubai, according to Reuters.
During the encounter, the Montenegrin police discovered forged Costa Rican passports and a Belgian passport in their luggage. The Montenegrin police formally charged the ex-Terra CEO along with a second suspect for allegedly forging official documents before a Podgorica court.
After matching fingerprints with official records, South Korean police confirmed that Kwon was the suspect in Montenegro on Friday.
Within hours of Kwon's detention in Podgorica, the U.S. District Court in Manhattan made public an eight-count indictment against him. This includes two counts each of securities fraud, wire fraud, commodities fraud, and conspiracy.
Allegations Against Do Kwon by SEC
The recent criminal case followed last month's civil charges brought against Kwon and Terraform by the Securities and Exchange Commission.
According to SEC allegations, Do Kwon misled investors regarding TerraUSD's stability and failed to inform them that the coin's price fell below its dollar peg. The value of the token and its underlying cryptocurrency sank to near zero last May, resulting in a sell-off in cryptocurrencies such as Bitcoin, Ethereum, and Tether as a result.
Additionally, the SEC claims that Kwon and Terraform falsely claimed Chai, a Korean mobile payment app, used the Terraform blockchain to process payments.
Worth noting that South Korean authorities issued an arrest warrant for Mr. Kwon last September after determining Terraform Labs had violated capital market regulations.
South Korean officials believed he was in Serbia and sent officials to Belgrade to negotiate since there was no extradition treaty between the two countries.
A Seoul prosecutor told CNN in December that the crypto entrepreneur hid in Serbia after leaving Singapore via Dubai. Kwon was based in Singapore while running the blockchain platform Terraform Labs.
Disclaimer: This is a paid Ask Me Anything (AMA), 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 AMA for $2000 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 AMA.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
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 $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.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
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.
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.
Don't forget to download the BSC News mobile application on iOS and Android to keep up with all the latest news for BNB Chain and crypto.
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Uniswap Approaches $50M in Weekly Exchange Volume on BNB Chain
March 25, 2023
Uniswap has posted healthy numbers during its first 10 days on BNB Chain, but its activity right now is a fraction of chain leader PancakeSwap’s.
The Beginning of the Uniswap Era on BNB Chain
Uniswap is making inroads into Decentralized Finance (DeFi) on BNB Chain, as the swap volume on the Decentralized Exchange (DEX) approaches the $50 million mark in the past week.
The weekly volume catapulted Uniswap into seventh place among all BNB Chain DEXes, which overall posted a decrease in exchange activity of more than 40% in the past week.
According to DefiLlama, the volume on Uniswap has hovered around $7 million per day since its launch on March 16.
In terms of Total Value Locked (TVL), Uniswap’s TVL of $10.5 million puts it in 13th place among BNB Chain DEXes.
The Battle of the DEXes on BNB Chain has just begun, but after 10 days Uniswap hasn’t yet registered as much more than a blip against dominant DEX PancakeSwap, posting about 3% of the PancakeSwap’s exchange volume and less than half a percent of PancakeSwap’s TVL.
So far ….
What is BNB Chain:
Previously known as the Binance Smart Chain (BSC), BNB Chain is a community-driven, decentralized, and censorship-resistant blockchain that is powered by Binance. It consists of BNB Beacon Chain and BNB Smart Chain, EVM compatible and facilitating a multi-chain ecosystem. Through the concept of MetaFI, BNB Chain aims to build the infrastructure to power the world’s parallel virtual ecosystem.
Find more about BNB Chain here:
Website | Twitter | Discord | Telegram | GitHub |
What is PancakeSwap:
PancakeSwap is a multichain Decentralized Exchange (DEX) built on BNB Chain and available on Ethereum and Aptos. It offers users various features such as Liquidity Pools (LPs), swapping, yield farming, Syrup Pools, an Automated Market Maker, Initial Farm Offerings (IFOs), an NFT profile system, and other tools. In addition, the protocol helps users make the most out of their crypto assets by trading, earning through yield farming, and winning via lottery, prediction, and NFT collectibles. With the highest trading volumes in the market, PancakeSwap is the leading DEX on BNB Chain.
Where to find PancakeSwap:
Website | Twitter | Medium | GitHub |
What is Uniswap:
Uniswap was launched in November 2018 and has grown to become the largest decentralized exchange in its category. It was built open-source on the Ethereum blockchain and uses the AMM model to facilitate Ethereum ERC-20 token swaps.
Much of the progress made in Ethereum-based DeFi expansion is attributable to Uniswap as it provided the market-making utility for Web3 apps to function in a decentralized environment. The platform consistently records daily trade volumes of over half a billion dollars and has a total volume locked (TVL) of more than $3 billion. The platform has traded over $1 trillion since it launched via over 129 million transactions.
Where to find Uniswap:
Disclaimer: This is a paid Ask Me Anything (AMA), 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 AMA for $2000 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 AMA.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
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 $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.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
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.
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.
Don't forget to download the BSC News mobile application on iOS and Android to keep up with all the latest news for BNB Chain and crypto.
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Pi Chain Mall Withdrawal Function Gains Traction, Records Huge Milestone
March 25, 2023
Pi Chain Mall's withdrawal function has gained huge adoption in the industry, recording over 360K Pi withdrawals since the relaunch.
Top Product on Pi Network
Since Pi Chain Mall (PCM) reopened the withdrawal function on March 1, numerous users have shown interest in utilizing the feature to withdraw their Pi coins. The top Pi Network product recorded a new milestone on March 25.
PCM’s withdrawal function was established to ensure sellers withdraw their real Pi holdings from its large e-commerce marketplace. According to the PCM official Twitter page, over 316,000 Pi coins have been withdrawn by users.
The PCM marketplace is the largest on Pi Network. The protocol allows merchants to place items for sale and receive Pi payments. Through the function, numerous merchants have been able to withdraw profit gained from the platform through sales.
Pioneers can join the PCM mainnet platform by visiting (pipcm.com) on the Pi Browser application and start trading products with Pi coins.
What is Pi Network:
Pi Network is a novel cryptocurrency and developer platform allowing mobile users to mine Pi coins without draining the 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 |
Disclaimer: This is a paid Ask Me Anything (AMA), 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 AMA for $2000 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 AMA.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
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 $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.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
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.
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.
Don't forget to download the BSC News mobile application on iOS and Android to keep up with all the latest news for BNB Chain and crypto.
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BNB Chain's Zero2Hero Hackathon Secures Strong Support
March 25, 2023
BNB Chain's Zero2Hero Hackathon is receiving support from AWS, Google Cloud, and Tencent Cloud, as well as several Web3 partners, for an upcoming blockchain hackathon where participants will compete for cash prizes and a chance to join the incubator program.
Major Tech & Web3 Support
BNB Chain has announced the Zero2Hero Hackathon, the second phase of its six-month online Bootcamp-Hackathon-Incubator program.
The hackathon will take place from April 17th to May 14th, and has garnered support from Amazon Web Services (AWS), Google Cloud, and Tencent Cloud as key strategic technology partners. The event aims to bring together blockchain professionals and developers from around the world to collaborate on projects and solutions that will help advance the blockchain industry.
We spoke to the team to understand more about the exciting development:
“As part of the 6-month Builder Series, the Zero2Hero Hackathon is an exciting opportunity for developers to showcase their skills and compete with the best in the industry. With the support of our strategic technology partners, including AWS, Google Cloud and Tencent Cloud, as well as our Web3 partners such as Chainlink Labs and Axelar, we are excited to bring together a community of talented developers and innovative projects,” said Zoe Wei, Head of Developer Relations at BNB Chain.
BNB Chain has also partnered with several leading Web3 companies for this hackathon, including Chainlink Labs, Axelar, Nodereal, Polyhedra, Hacken, RSS3, and Port3. The hackathon will feature seven tracks, including DeFi, Infra & Scalability, SocialFi, Cross-chain, NFT, Gamify & Metaverse, Greenfield and Innovation. Participants will compete for cash prizes of $15k for 1st place, $6k for 2nd place, and $4k for 3rd place in each track.
During the hackathon, nearly 20 technical workshops will be provided where hackers can learn the latest technologies. Free access to multiple dev resources such as cloud and node services will be available, and the calendar of the tech teams of partners will be open for hackers to book office hours. The judging criteria will lean towards full MVPs projects, although a clean and creative implementation of the feature serving as an excellent example of feature usage is also acceptable.
The 6-Month Builder Series, focused on accelerating Web3 development, commenced its initial phase in February with a Bootcamp featuring sessions in multiple languages. The series will be held in partnership with the Blockchain Center, established by Astana Hub, the largest technopark in Central Asia, and the Payment and Financial Technologies Development Center of the National Bank of Kazakhstan. Other partners included the Blockchain Academy Group, a Hong Kong government-backed program, and Encode Club, a leader in Solidity training.
What is BNB Chain:
Previously known as the Binance Smart Chain (BSC), BNB Chain is a community-driven, decentralized, and censorship-resistant blockchain that is powered by Binance. It consists of BNB Beacon Chain and BNB Smart Chain, EVM compatible and facilitating a multi-chain ecosystem. Through the concept of MetaFI, BNB Chain aims to build the infrastructure to power the world’s parallel virtual ecosystem.
Find more about BNB Chain here:
Disclaimer: This is a paid Ask Me Anything (AMA), 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 AMA for $2000 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 AMA.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
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 $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.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
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.
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.
Don't forget to download the BSC News mobile application on iOS and Android to keep up with all the latest news for BNB Chain and crypto.
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Author
Weekly Article Recap: 3/20-3/24
March 25, 2023
A recap of notable news from the week.
Recapping the Week in DeFi
Cryptocurrency never sleeps, and neither does crypto news and content. Because of this constant stream of information, it’s difficult for investors to keep track of the most notable news. In this weekly recap, BSC News shares some of the most exciting stories and breaking news events of the week to help you stay up-to-date on all things DeFi.
Arbitrum Airdrop: Which DAOs Received the Most $ARB?
The Arbitrum airdrop was arguably one of the most notable DeFi events from the past week. Projects with a DAO and community treasury also received the airdrops, with the exception of The Protocol Guild. A number of factors were considered for eligibility, including deployment date, transaction volume, and more.
Get all the details in this article.
MetaMask Institutional Unveils New Portfolio Dashboard, ETH Staking Marketplace
MetaMask Institutional launched an advanced version of its Web3 portfolio dashboard for institutional investors featuring cutting-edge tools, including an ETH staking marketplace.
Find more information here.
Core DAO’s Core Bridge Goes Live, Confirms Huobi as Validator
Core DAO has finally launched its highly anticipated Core bridge, paving way for the growth of the Core ecosystem in the decentralized finance (DeFi) world. Powered by LayerZero, the bridge allows users to seamlessly transfer assets between the Core chain and other leading networks. Core DAO has also confirmed Huobi as a validator.
Find more details in this article.
Celer Unveils Brevis: ‘A ZK Ominchain Data Attestation Platform’
Going deep into ZK: Celer Network has launched Brevis, a “Zero-Knowledge (ZK) omnichain data attestation platform” enabling smart contracts to access and compute data from any blockchain.
Learn more about Celer’s ZK solution in this article.
Polygon, Immutable Partner to Build Dedicated Gaming ZK EVM Blockchain
Polygon Labs and Immutable have collaborated to build “Immutable zkEVM”, a zero-knowledge rollup dedicated to gaming. The new solution will have enforceable royalty fees for game developers.
Get all the details here.
Disclaimer: This is a paid Ask Me Anything (AMA), 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 AMA for $2000 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 AMA.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
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 $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.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
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.
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.
Don't forget to download the BSC News mobile application on iOS and Android to keep up with all the latest news for BNB Chain and crypto.
Follow us on Twitter and Instagram!
If you need tools and strategies regarding safety and crypto education, be sure to check out the Tutorials, cryptonomics explainers, and Trading Tool Kits from BSC News.
Looking for a job in crypto? Check out the CryptoJobsNow listings!
Follow us on Twitter and Instagram!
If you need tools and strategies regarding safety and crypto education, be sure to check out the Tutorials, cryptonomics explainers, and Trading Tool Kits from BSC News.
Looking for a job in crypto? Check out the CryptoJobsNow listings!
Disclaimer: This article is exclusive BSC News Premium Content. Premium content is viewable without a membership for a limited time. After the limited time period expires, readers will need to either subscribe or hold a BSC News NFT to view Premium Content. Visit the BSC News NFT website, Discord, and Twitter to learn more about becoming a Premium member.
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