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BNB Chain announces a multi-datastore solution for BSC Geth to improve performance and scalability of blockchain data storage. (Read More)
BSC Young Boys will migrate their entire NFT ecosystem from Flow blockchain to Chiliz (CHZ) Chain, enhancing fan experience and NFT management. (Read More)
Learn how to connect the BNB Smart Chain to your MetaMask wallet and access a world of DApps, tokens and DeFi opportunities.
Explore Arctic Pablo Coins explosive presale, Woulds meme drops and Zerebros latest utility push. Best New Meme Coins for Exponential Returns.
The post Arctic Pablo, Would and Zerebro | Best New Meme Coins for Exponential Returns appeared first on Kanalcoin.
BNB, the native cryptocurrency of the BSC network, has undoubtedly been one of the winning altcoins scene the bull market began. The price has been able to go from around $200 to over $600 in the space of a year, notching over 200% gains in the process. However, it seems that this outperformance by the [...]
The post End Of The Road For BNB After 200% Surge? Mounting Resistance Threatens Rally appeared first on Crypto Breaking News.
Duolingo, the language-learning app, is reaping the benefits of its investment in artificial intelligence (AI). In the first quarter, the company saw a remarkable 54% surge in paid subscribers, reaching 7.4 million. Additionally, first-quarter revenue increased by 45% to $167.6 million. Generative AI has played a pivotal role in this success. It has accelerated subscription [...]
The post Duolingos Generative AI Boosts Revenue and Subscriber Growth appeared first on Crypto Breaking News.
In a significant development aimed at extending the reach and increasing the usability of its assets, Ethena has formally introduced its stablecoins USDe and sUSDe on the Binance Smart Chain (BNB Chain). This development widens the Ethena ecosystem to one of the largest and most vibrant blockchain networks in the crypto universe, presenting users with [...]
The price of BNB hasn’t fallen below its previous low, and it’s showing some strong signs of heading up. After a spell of moving downward, the Binance Smart Chain’s native token is aiming for an upward bounce back towards its earlier high. Technical Indicators Point Toward Sustained Uptrend For BNB To figure out where the BNB price might be headed next, several indicators can be used to examine the chart: 4-Hour MACD: A technical look at the MACD indicator from the 4-hour timeframe, the MACD histograms are trending above the zero line, and both the MACD line and the Signal line have crossed and are heading towards the MACD zero line, indicating a bullish trend. This can be seen in the above image. RSI 4-hour Timeframe: The formation of the Relative Strength Index (RSI) in the below image also suggests an upward movement as the RSI signal line is seen trending above the 50% level. This indicates that buyers are still very active in the market therefore overpowering the strength of sellers. 4-hour alligator: A look at the alligator indicator from the 4-hour time frame shows that BNB is trading above the alligator lines as the alligator lip and teeth have both successfully crossed above the alligator jaw, suggesting that the price might be starting a new rally. At the time of writing, the price of BNB was up by 1.35% and was trading around $561 in the last 24 hours. BNB price is showing bullish signs and also forming a base above the $508.1 support level. Also, the price is trading above the bearish trend line and below the 100 Simple Moving Average (SMA) on the 4-hour chart. Final Thoughts From the previous downward movement, the price of BNB has managed to create one major resistance level of $635 and one major support level of $508. Currently, BNB is moving toward this resistance level and if it breaks above this level, the price might go even further to create a new high. On the other hand, if the price fails to break above this major resistance, it will reverse and start a downward movement toward its previous support and if it manages to break below this support level, the price might move further downward thereby starting a new downward trend. Featured image from Shutterstock, chart from Tardingview.com
Discover Arctic Pablo Coins thrilling presale, Neiros breakthrough, and Turbos big news. Find out why Arctic Pablo is one of the best new meme coins to buy for 2025.
The post Best New Meme Coins to Buy for 2025: Arctic Pablo, Neiro, Turbo appeared first on Kanalcoin.
While Ethereum-based protocols have been hit with the majority of the exploit activity, BNB Smart Chain has also seen similar copycat exploits, according to BlockSec.
The well-known cryptocurrency BabyDoge is getting ready to introduce its eagerly anticipated multi-chain token locker. However, this is an important
Twitter users can now monetize their content via a new subscription service, allowing creators to charge followers a monthly fee for access to exclusive content. Twitter has partnered with Stripe to payout creators and will take a 3% cut up to $50,000, after which the revenue split drops to 80%. The feature is part of Tesla CEO Elon Musk’s ongoing effort to revamp the social media platform, which includes using artificial intelligence to detect and deter misinformation. (Read More)
Binance Smart Chain (BSC), commonly known as BNB Chain, has announced the BEP 336 upgrade, inspired by Ethereums Dencun upgrade (EIP 4844), which aims to optimize data storage and processing on the blockchain. The upgrade is expected to significantly reduce transaction costs, improve network performance, and drive the price of Binance Coin (BNB) towards its [...]
The post BNB Price Soars As Binance Smart Chain Implements BEP 336 Upgrade, Inspired By Ethereums Dencun appeared first on Crypto Breaking News.
Market analyst Adam Cochran recently made a Twitter thread that started up a conversation about Coinbases transformative power to steer users toward Base and, subsequently, Optimism. This is an area of change whose magnitude people are underrating. Cochran showed how major platforms such as Binance Smart Chain (BSC) and Tron have affected retail flow despite […]
The Viking dog themed memecoin FLOKI is hitting the ball with the world’s best table tennis masters.
Take a deep dive into how AI is transforming job hunting. Explore the top AI tools for job seekers in 2023 and discover how these technologies can revolutionize your job search process.
The post Revolutionize Your Job Search with AI: The Top Tools to Know in 2023 appeared first on BitPinas.
Cristiano Ronaldo gives congratulations to the holders as Binance rolls out a list of real-life gratuities.
PancakeSwap (CAKE) token holders have been on a roller coaster ride as stakers brace for reduced rewards. The community is debating a change in the token’s economic model. Over the past week, governance token, CAKE, has suffered a continuous downward trend, dropping by 24%. Though the proposed change appears favorable to PancakeSwap, the heated debate has impacted the token’s value. Community Debate Over Slashed Staking Rewards PancakeSwap is a decentralized exchange (DEX) built natively on the Binance Smart Chain (BSC). It allows users to trade cryptocurrencies, provide liquidity on trading pools, and earn rewards in the form of CAKE tokens. Though the DEX has gained popularity recently due to its low fees, fast transactions, and innovative features, the economic proposal has brought uncertainty to its investors. According to the proposal, the developers will reduce CAKE’s inflation rate from above 20% to 3-5%. Related Reading: PancakeSwap Voting To Make CAKE Deflationary, But Prices Are Free-falling This move is aimed at improving PancakeSwap’s “long-term health.” However, at the same time, it will lower the amount of tokens stakers can earn, leading to a decline in staking rewards. Voting for the proposal began on April 26 and is scheduled to conclude tomorrow, April 28th. The community has already given a thumbs up to the “aggressive reduction” of staking rewards, which would reduce more than half the number of tokens emitted. Notably, Staking rewards are a vital component of any cryptocurrency. They incentivize token holders to keep their tokens in a platform or wallet rather than sell them on the market. Staking rewards are similar to interest earned on savings in a bank account. PancakeSwap’s staking rewards have been a significant selling point for the project, ranging from 50% to 200% per annum, depending on the trading pool. The proposed change has sparked a debate within the community, with some arguing that reduced staking rewards will drive investors away from the project, leading to a decline in demand. Although the proposed change aims to enhance tokenomics by reducing the dilution of CAKE’s supply, it has led to an exodus of stakers. As a result, the token’s price has dropped concurrently with the amount of CAKE unstaked, as seen in the chart below. Meanwhile, the tokenomics change proposed by the team on April 19 has also significantly reduced staking activity. The amount of CAKE staked fell from 1.007 billion to 677.851 million CAKE as of April 27. CAKE Plummets 24% In A Week The PancakeSwap (CAKE) token has experienced a sharp decline of over 24% in the past week following the proposed proposal to reduce the token’s inflation rate. CAKE has dropped by 24% in the past seven days, from a high of $3.43 on April 20 to a low of $27.57 on April 27. The token’s market cap has also dropped from a high of $636 million to a low of $506 million over the same period. The sudden drop in CAKE’s price reflects the crypto community’s perception of the proposed change. If passed, the proposed change will significantly affect the project’s stakes earnings and likely reduce the token’s demand. Related Reading: CAKE Remains Under Pressure Despite PancakeSwap Dominating BSC The decline in staking activity has not only affected the token’s liquidity. But also resulted in a decrease in its trading volume, thereby leading to supporting the bearish trend. Featured image from iStock, Chart from TradingView
The reported attacker is a known exploiter, labeled "Fake_Phishing750" by BSCScan.
The total value locked (TVL) in decentralized finance (defi) has risen above the $50 billion mark after falling below the range throughout most of March. At present, the value locked in defi is approximately $50.34 billion, up 1.97% over the past 24 hours. Defi Value Swells Close to 2% Higher to Over $50 Billion With [...]
The post Value Locked in Defi Rises Above $50 Billion Mark, Ethereum Dominates TVL by Blockchain appeared first on Crypto Breaking News.
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