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Binance CEO posts letter admitting flaws in their operations

Through a letter he posted, Binance founder and Chief Executive Officer Changpeng Zhao admitted his company hadn’t gotten “everything right,” attributing the supposed flaw...

BSC protocol Impossible Finance exploited and drained of $500,000

Impossible Finance, a Binance Smart Chain (BSC) project, suffered a massive flash loan attack and becomes the latest victim of decentralized finance (DeFi) exploits. The...

BSC’s Impossible Finance raises $7 million in funding round

Binance Smart Chain (BSC) DeFi protocol Impossible Finance successfully secured 47 million in seed funding for the development of a multi-chain decentralized finance incubator. The...

BurgerSwap project on Binance Smart Chain drained of more than $7 million

Two Binance Smart Chain projects in BurgerSwap and JulSwap fell victims to flash loan attacks with the former being drained of more than $7...

Binance Smart Chain project Bogged Finance loses $3 million in flash loan attack

Another Decentralized Finance (DeFi) project on Binance Smart Chain, Bogged Finance, suffered a flash loan attack and was drained of $3 million. Based on the...

OKExChain picks PandaSwap for Phase 2 of its EVM ecological construction

Open source public chain project OKExChain has chosen panda-themed and Chinese style decentralized exchange (DEX) to be one of the 20 projects that will...

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