SushiSwap Now Live on Fantom, Polygon, xDai, Binance, Moonbeam

Key Takeaways SushiSwap has deployed its contracts on Fantom, Polygon, xDai, Binance Smart Chain, and Moonbeam. The alpha release is accessible now. The team says it has other deployments planned, including Optimism. The DeFi news category was brought to you by Ampleforth, our preferred DeFi partner Share this article One of Ethereum’s most popular decentralized exchanges is “going multichain.”  SushiSwap Expands  SushiSwap has launched on a host of new blockchain protocols.  The decentralized exchange, which launched on Ethereum last summer, has deployed its contracts on Fantom, xDai, Binance Smart Chain,…

The Graph Adds Support for Binance Smart Chain

The DeFi news category was brought to you by Ampleforth, our preferred DeFi partner Share this article The Graph is expanding to Binance Smart Chain.  The Graph Expands The Graph, the indexing and querying protocol for the Web3 ecosystem, has added support for Binance Smart Chain. Binance announced the move via its blog earlier today.  The Binance-owned chain is now integrated in the protocol, allowing developers to create Application Programming Interfaces. These APIs, referred to as subgraphs, can be used to index and query data from a specific network. Creators…

Alpha Finance Launching on Binance Smart Chain

Key Takeaways Alpha Finance is launching its Alpha Homora V1 on Binance Smart Chain. The move will allow Binance Smart Chain users to take leveraged yield farming positions on PancakeSwap. The Alpha Finance team says it’s preparing for a “multi-chain future.” The DeFi news category was brought to you by Ampleforth, our preferred DeFi partner Share this article Binance Smart Chain welcomes another DeFi staple: Alpha Finance.  Alpha Finance Announces Binance Move Alpha Finance will launch its Alpha Homora V1 product on Binance Smart Chain, the team announced today.  In…

Binance Coin (BNB) Gains Momentum, Why Dips Are Attractive

Binance coin price found support near $200 and started a fresh increase against the USDT. BNB is gaining momentum and it seems like the bulls are eyeing a fresh increase above $300. Binance coin price started a fresh increase above $220 and $230 against the USDT. The price is trading nicely above $250 and it is well above the 100 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $215 on the 4-hours chart of the BNB/USDT pair (data source from Binance).…

1inch Exchange Goes Live on Binance Smart Chain

Key Takeaways 1inch has announced that its DEX will run on Binance Smart Chain alongside Ethereum, on which it currently operates. The project cited high Ethereum fees as the reason for the move. 1inch is offering 150,000 in 1INCH tokens ($650,000) to attract liquidity providers to the platform. Share this article Decentralized exchange (DEX) aggregator 1inch Exchange has launched its service on Binance Smart Chain (BSC). 1inch Expands to Binance Smart Chain 1inch Foundation has deployed its DEX aggregator and liquidity mining platform to Binance Smart Chain. The exchange initially…

1inch announces expansion to Binance Smart Chain, plans to run BSC node

As part of a wider exodus, the highest-profile Ethereum-native decentralized finance (DeFi) project yet has announced an expansion to Binance Smart Chain.  In a press release today, the 1inch team revealed that they’ve ported 10 million 1INCH tokens (currently worth over $40 million dollars) to BSC. The tokens will be used as a liquidity bridge between Ethereum and BSC, and will seed the 1inch ecosystem on BSC, including the 1inch Aggregation Protocol and the 1inch Liquidity Protocol. “As we at 1inch are always on the lookout for the hottest DeFi…

Ethereum exodus continues as Binance ‘helps,’ Feb 17–24.

The parabolic rise of the Binance Smart Chain has been all over the news this week, aided by a few seemingly unfriendly moves by the exchange itself. It started on Friday, when Binance suddenly froze withdrawals of Ethereum-based assets for about one hour. Many interpreted it as a move against the blockchain and its ecosystem, given that the cited reason was “congestion issues” — something one hardly imagines is a problem for an exchange, unless they shoulder withdrawal costs for the user. The day after, FTX started shaming Binance for…

Thanks a trillion Bitcoin, Binance Coin goes parabolic, NFT mania

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin hits $57,500 — And $1-trillion market cap signals it’s here to stay Bitcoin’s price continued to smash records this week, surging by more than 20% and hitting highs of $57,505.23 at one point. But the most significant milestone came when BTC’s market cap exceeded…

BNB price surges as Binance Smart Chain grows in popularity with DeFi

Binance Coin (BNB) has been on an absolute tear in the month of February. It traded at $48.93 on Feb. 1 and grew to trade at $304 at the time of publication, amounting to a 521% month-to-date gain and 707% year-to-date gain. This price rally has led BNB to become the third-largest cryptocurrency, with a $46.5 billion market capitalization. BNB achieved its all-time high of $342.88 on Feb. 19. This price rally and leap in market capitalization could be attributed to Binance Smart Chain gaining popularity within decentralized finance markets and…