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Most decentralized finance applications are being built on the Ethereum blockchain Ethereum devs constitute the vast majority of Decentralized Finance (DeFi) application (DApp) creators, according to a report by Binance Research on June 6.Number of DApps per blockchain, courtesy of Binance ResearchAccording to the report, DeFi can be thought of as the following:“An ecosystem comprised … [Read more…]
Binance is currently testing a British pound stablecoin on its native blockchain, Binance Chain. Major cryptocurrency exchange Binance is apparently testing a British pound stablecoin on its native blockchain, Binance Chain, according to a Twitter post on June 3.Twitter user CryptosBatman noticed that the listing “$BGBP” appeared on the Binance platform.Screenshot of stablecoin on Binance … [Read more…]
Hackers gained access to Binance crypto exchange and took 7,000 bitcoins. Binance, one of the largest cryptocurrency exchanges by daily trade volume, has experienced a major security breach on May 7, according to a statement shared with Cointelegraph on May 7.Per Binance, hackers employed a variety of tactics including phishing and viruses to obtain a … [Read more…]