One of the largest non-fungible token (NFT) platforms, Opensea, has declared its decision to withdraw BNB Smart Chain (BSC) support. Opensea revealed that the “cost to continue supporting BSC outweighs the impact.” Opensea Pivots Away From BNB Smart Chain in Strategy Re-evaluation On August 18, 2023, Opensea proclaimed that they would cease BSC support after […]
Zetachain Raises $27 Million to Develop a ‘Chain to Manage Them All’
Zetachain, a project that seeks to build one chain to interoperate with all other blockchains, announced it raised $ 27 million in a Series A funding round. Blockchain.com, Human Capital, Vy Capital, Sky9 Capital, and Jane Street Capital, among others, participated in the funding round. Zetachain will use the funds to launch its solution …
Bitcoin Network’s Inherent Properties Can Be Leveraged to ‘Enhance the Security of PoS Chains’ — Babylon Chain CTO
Fisher Yu, the co-founder and chief technology officer (CTO) at the bitcoin staking protocol Babylon Chain, has argued that when staking bitcoin, stakers “do not need to trust or give their bitcoins to any third parties.” According to Yu, such an attribute helps to “eliminate the need for bridges and lenders” when staking bitcoins. Bitcoin […]
Hackvolution: BNB Chain kicks off Hackathon to Drive Innovation and Collaboration
PRESS RELEASE. BNB Chain, the world’s largest smart contract blockchain in terms of daily active users, has today announced Hackvolution, its global 7-week Hackathon, starting on July 13th and running until September 1st. Hackvolution gets support from COMBO, Google Cloud, CyberConnect, Hooked Protocol, and Ultiverse as key partners with mentors joining from leading universities. Interested […]