BNB Chain
Web3 sees 15 new scam smart contracts an hour: Solidus Labs
The Web3 and cryptocurrency space is seeing a significant amount of smart contract scams proliferating, with blockchain risk monitoring firm Solidus Labs saying it has detected on average 15 newly deployed scams every hour. Solidus Labs said on Oct. 27 that it had been monitoring 12 blockchains including Ethereum, Polygon and BNB Chain since Oct. 10, and in that time, had detected 188,525 smart contract scams. Former United States Consumer Financial Protection Bureau (CFPB) director, Kathy Kraninger, who is now Solidus’ vice president of regulatory affairs, said in the statement that “while some of the big rug pulls and scams make the news […] the full picture stemming from our data shows the vast majority of these scams go unnoticed.” The firm also shed some light on the number...
BNB Chain releases year-long technical roadmap to develop ecosystem
BNB Chain has announced the launch of a technical roadmap designed with the intention to enhance the network’s decentralized structure, infrastructural capacity for sidechains, and potential for developer-built decentralized applications (dApps) to improve performance and efficiency. Announced at BNB Chain Revelation Summit, the document also revealed the latest iteration of the Most Valuable Builder incubation programme for aspiring Web3 software engineers. In February this year, Binance Chain and Binance Smart Chain were merged to form what is now referred to as BNB Chain, a multi-chain infrastructure layer supporting the new ecosystem, as well as BNB governance mechanisms. Related: Binance Smart Chain and Binance Chain become BNB Chain Some of the more notabl...
Coinbase offers ‘thousands of tokens’ in expanded swap service
America’s largest crypto exchange Coinbase has added the BNB Chain, formerly Binance Smart Chain, and Avalanche to the Coinbase Wallet’s list of supported networks where users can swap and store cryptocurrencies. The Tuesday blog post from the exchange boasts that the added functionality will provide access to “thousands of tokens,” which constitute a “greater variety than most traditional centralized exchanges can offer.” One Wallet. Even more networks. Thousands of tokens. Now supporting token swaps on @avalancheavax and @BNBCHAIN on Coinbase Wallet. Learn more -> https://t.co/ZdEg1T8s53 pic.twitter.com/prWhSlPYl8 — Coinbase Wallet (@CoinbaseWallet) May 23, 2022 The added functionality to BNB Chain and Avalanche brings the total supported networks up to four, including Ethereum a...
