PancakeSwap, the decentralized exchange platform, is launching a new version of Binance Smart Chain, featuring more competitive fees, improved liquidity, and a reward campaign.

PancakeSwap, the decentralized exchange platform, has recently announced that it is rolling out a new version of its application on the Binance Smart Chain (BSC). The upgrade includes more competitive trading fees, improved liquidity provisioning, and other new features. The move is part of PancakeSwaps continuous efforts to improve its features and make it easier for users to access its platform.

As part of the launch campaign, PancakeSwap also offers users $135k of its CAKE token. The campaign will last until April 3rd, 2023 at 12:00 UTC. Additionally, those providing liquidity to the exchange will receive a special NFT as a symbol of loyalty. The NFT, however, cannot be sold, which incentivizes users to continue providing liquidity to the platform.

You can learn more about the details by visiting their press release.

The PancakeSwap V3 upgrade comes when decentralized exchanges are growing in popularity despite still reeling from the effects of major crypto collapses like the FTX and Terra debacle.

PancakeSwap V2 is currently the fourth most popular choice among decentralized exchanges, with around $84 million in trading volume. Decentralized exchanges are a type of cryptocurrency exchange that operates on a decentralized network, meaning there is no central authority or intermediary involved in the exchange process.

One of the main benefits of decentralized exchanges is that they offer greater privacy and security for users. Unlike centralized exchanges, where users need to deposit funds and trust a third party to hold their assets, decentralized exchanges allow users to retain full control of their private keys and keep their funds in their own wallets. This is particularly important for users who are concerned about the security of their assets and who want to maintain control of their funds.

Decentralized exchanges also offer greater accessibility, as they can be used by anyone with an internet connection and a compatible wallet. This is particularly important for users in countries with limited access to traditional banking services, who may not have access to centralized exchanges.

The growth of decentralized exchanges has been fueled by the increasing demand for decentralized finance (DeFi) applications. DeFi applications are designed to provide traditional financial services using blockchain technology, which eliminates the need for intermediaries and allows users to have greater control over their financial assets.

The launch of PancakeSwap V3 on Binance Smart Chain is an exciting development for the decentralized exchange ecosystem. It offers users more choices and improved features and is likely to attract more users to the platform. As more users discover the benefits of decentralized exchanges, it will be interesting to see how this sector continues to evolve and grow.

PancakeSwaps new version is a positive development for the decentralized exchange ecosystem. It is expected to provide more options and opportunities for users to trade and participate in the DeFi ecosystem.

Along with the added improvements in the platforms features, we can expect further growth and innovation in the decentralized exchange space in the coming months and years.

Edmond is a passionate writer for Video games, GameFi and Web3. He has worked for top GameFi companies and video game/crypto news websites.

Link:

PancakeSwap Unveils Upgraded Version On Binance Smart Chain - Blockzeit

Creating a WebSockets subscription to Ethereum and Binance Smart Chain using ethers.js can be useful for developers for several reasons, including scalability and easier integration.

Using NOWNodes to create WebSockets subscriptions to blockchain networks is a common practice. Javascript libraries such as ether.js have been a popular framework for WebSockets development.

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WebSockets subscription is similar to an Event Listener in Javascript. There are several reasons why an Event Listener is essential. This article illustrates creating simple BSC WebSocket and Ethereum websocket subscriptions to popular Blockchain networks like Ethereum and Binance Smart Chain.

Why create a Javascript WebSockets subscription

Javascript WebSockets subscription is either the Ethereum blockchain or the Binance Smart Chain is important for several reasons. Below are some of the reasons to develop a WebSockets subscription.

WebSockets are communication protocols that enable real-time, two-way communication between a client (such as a web browser) and a server. It provides a persistent connection between the client and server, sending and receiving real-time data.

Constant communication is often established through Websockets API. The WebSockets API provides methods for opening and closing connections, sending and receiving data, and handling errors and events. WebSockets offer a powerful and flexible way to enable real-time communication between client-side and server-side applications. They have become essential for building modern web applications crucial for blockchain and web 3 development.

Platforms like NOWNodes provide more straightforward ways to establish such connections, making it much easier to alleviate the need for a technical developer team. Below is a step-by-step guide on importing the ethers.js library and developing WebSockets subscription to the Ethereum blockchain network and Binance Smart Chain.

How to import ethers.js library and create WebSockets subscription

To use the Ethers.js library, first of all, you need to learn how to install ethers. npm install ethers Then you can import it using the code below.

const { ethers } = require("ethers");

After importing, you create a provider instance directly connecting to the preferred blockchain network. In this case, either the Ethereum blockchain or the Binance Smart Chain. Below is the line of code to create the required connection using NOWnodes.

const provider = new ethers.providers.WebSocketProvider("'wss://bsc.nownodes.io/wss/YOUR_API_KEY');

It is important to note that you'll be required to replace YOUR_API_KEY with your actual NOWNodes API key in development.

Subsequently, create a contract instance using the below line of code.

const contractAddress = "0x..."; // The contract address you want to interact with

const abi = [...] // The ABI of the contract

const contract = new ethers.Contract(contractAddress, abi, provider);

Next, you should create a subscription to an event emitted by the contract. To do so, you'll need to implement the code line below.

contract.on("EventName", (arg1, arg2, event) => {

console.log("Event received:", arg1, arg2);

});

Important Notes:

Below is the code for WebSockets that connect to the Binance Smart Chain blockchain network using the NOWNodes node provider.

const { ethers } = require('ethers')

const url = 'wss://bsc.nownodes.io/wss/YOUR_API_KEY'

const EXPECTED_PONG_BACK = 15000

const KEEP_ALIVE_CHECK_INTERVAL = 7500

const startConnection = async () => {

const provider = new ethers.providers.WebSocketProvider(url, {

name: 'binance',

chainId: 56,

})

let pingTimeout = null

let keepAliveInterval = null

provider._websocket.on('open', () => {

console.log('Connect')

keepAliveInterval = setInterval(() => {

console.log('Checking if the connection is alive, sending a ping')

provider._websocket.ping()

// Use WebSocket#terminate(), which immediately destroys the connection,

// instead of WebSocket#close(), which waits for the close timer.

// Delay should be equal to the interval at which your server

// sends out pings plus a conservative assumption of the latency.

pingTimeout = setTimeout(() => {

provider._websocket.terminate()

}, EXPECTED_PONG_BACK)

}, KEEP_ALIVE_CHECK_INTERVAL)

})

provider._websocket.on('close', () => {

console.error('The websocket connection was closed')

clearInterval(keepAliveInterval)

clearTimeout(pingTimeout)

startConnection()

})

provider._websocket.on('pong', () => {

console.log('Received pong, so connection is alive, clearing the timeout')

clearInterval(pingTimeout)

})

provider.on('block',(block)=>{

console.log('New block!', block)

})

}

startConnection()

Some advanced features of ethers.js for creating Ethereum/BSC WebSockets

Ethers.js provides a variety of advanced features for creating Ethereum WebSocket and BSC websocket subscriptions. Here are a few examples:

You can filter events based on specific parameters using the `ethers.utils` library. For example, to filter for a specific token transfer event, you could use the following code:

const filter = {

address: contractAddress,

topics: [ethers.utils.id('Transfer(address,address,uint256)')],

fromBlock: 'latest'

};

const logs = await provider.getLogs(filter);

If the WebSockets connection is lost, Ethers.js will automatically attempt to reconnect to the Ethereum node. You can also configure the number of reconnection attempts and the delay between attempts using the WebSocketProvider options.

For instance, to configure the WebSockets provider to retry every 5 seconds for up to 10 times, you could use the code below:

const options = {

reconnect: {

maxAttempts: 10,

delay: 5000

}

};

const provider = new ethers.providers.WebSocketProvider('wss://bsc.nownodes.io/wss/YOUR_API_KEY');

This code creates a reconnect object in the provider options that specifies the maximum number of attempts and the delay between attempts.

Using the provider, you can send multiple requests to an Ethereum node in a single batch.send() method. This can help reduce latency and improve performance. For instance, to retrieve the balances of multiple accounts in a single batch, you could use the following block of code:

const requests = [

{ method: 'eth_getBalance', params: ['0x123...', 'latest'] },

{ method: 'eth_getBalance', params: ['0x456...', 'latest'] },

{ method: 'eth_getBalance', params: ['0x789...', 'latest'] }

];

const results = await provider.send('eth_batch', requests);

What you get with NOWNodes service:

NOWNodes offers three paid plans, pro, business, and enterprise. It also provides a FREE plan suitable for small projects.

Start: FREE/ 100,000 requests per month + 1 API key and access to 5 nodes.

Pro: 20 / 1,000,000 requests per month + up to 3 API keys and access to all nodes Business: 200 / 30,000,000 requests per month + up to 25 API keys and access to all nodes.

Enterprise: 500 / 100,000,000 requests per month + up to 100 API keys and access to all nodes.

Conclusion

For several reasons, creating WebSockets with platforms such as NOWNodes can be important for maintaining high-security levels, constant uptime, and interoperability. Using the code snippet above, you can establish BSC WebSocket and Ethereum WebSocket using Ethers.js. The resulting WebSockets subscription would ensure Real-time communication, enhanced security, and scalability to ensure the growth of Web 3 projects.

Media Contact Company Name: NOWNodesEmail: Send EmailCountry: EstoniaWebsite: https://nownodes.io/

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How to Create javascript WebSockets Subscriptions to Ethereum and Binance Smart Chain through ethers.js? - Benzinga

From identifying new investment opportunities to gaining a deeper understanding of the crypto ecosystem, there are many perks that come with sticking with BSC News.

BNB Chain is quickly becoming one of the most popular blockchain networks for decentralized finance (DeFi) applications, and as such, investors need to stay informed about the latest news and trends related to this network.

Here are a few reasons why staying up-to-date with BSC news is so important:

As more and more projects launch on BSC, investors need to know which ones are worth their time and money. By following BSC news sources, you can stay up-to-date on new project launches and token listings, allowing you to make informed investment decisions.

As with any blockchain network, BSC is constantly evolving and changing. By staying informed about updates to the network, you can ensure that you're taking advantage of new features and optimizations that could benefit your investments.

By keeping an eye on BSC news sources, you can also stay informed about potential risks to your investments. For example, if a new project on BSC is found to be a scam or a security risk, you can take steps to protect your funds before it's too late.

BSC is home to a rapidly growing ecosystem of DeFi applications and projects. For example, you might learn about a new yield farming protocol or a promising new decentralized exchange like biticodes that you can invest in early.

Finally, staying up-to-date with BSC news can help you gain a deeper understanding of the BSC ecosystem as a whole. By following news and analysis from reputable sources, you can learn more about how BSC works, what its strengths and weaknesses are, and how it fits into the broader crypto landscape.

One great source is Bsc.news, a website dedicated to providing up-to-date news and analysis on everything related to BSC. The site covers everything from new project launches and token listings to network updates and market trends, making it a one-stop shop for all your BSC news needs.

In addition to Bsc.news, you can also follow BSC-related social media accounts, such as those run by the Binance team, to stay informed about the latest news and developments. By staying up-to-date with BSC news, you'll be better equipped to make informed investment decisions and stay ahead of the curve in the fast-paced world of cryptocurrency.

Therefore, staying informed about the latest BSC news is essential for any crypto investor looking to stay ahead of the curve. By following reliable news sources like Bsc.news, you can stay up-to-date on new projects, network updates, market trends, and more. This can help you make more informed investment decisions, identify potential risks, and discover new opportunities for growth and profit in the exciting world of crypto.

Now that we've established why it's important to stay informed about BSC news, let's talk about how you can do it. Here are a few tips to help you stay on top of the latest developments:

As mentioned earlier, Bsc.news is a great source of BSC news and analysis. Follow BSC-related social media accounts: In addition to Bsc.news, you can also follow BSC-related accounts on social media platforms like Twitter and Telegram. These accounts can be a great source of real-time updates and news, as well as community-driven insights and analysis.

By joining BSC-related communities on platforms like Reddit or Discord, you can stay informed about the latest news and developments while also connecting with like-minded individuals. Due to the global pandemic, many BSC-related events have gone virtual. Attending these events can be a great way to learn about new projects and network updates directly from the source. Keep an eye out for virtual events hosted by the Binance team or other reputable organizations.

By using these strategies, you can stay informed about the latest BSC news and trends, allowing you to make more informed investment decisions and stay ahead of the curve in the fast-paced world of crypto.

It is important for crypto investors to remember to do their own research before making any investment decisions. While staying informed about the latest news and trends can be helpful, it's also important to take the time to thoroughly investigate any project or token you're considering investing in. This includes researching the team behind the project, analyzing the project's whitepaper, and checking for any red flags or warning signs. By combining your own research with the latest BSC news and trends, you can make more informed investment decisions and minimize your risk in the volatile world of cryptocurrency.

Subscribing to Bsc.news can provide numerous benefits for BNB Chain investors. By subscribing to their newsletter, investors can receive regular updates on new project launches, token listings, network updates, and market trends. This information can help investors make informed decisions about their investments, identify potential risks, and discover new opportunities for growth and profit in the fast-paced world of crypto.

Additionally, Bsc.news provides in-depth analysis and expert insights on the BSC ecosystem, giving investors a deeper understanding of how it works, its strengths and weaknesses, and how it fits into the broader crypto landscape.

Overall, subscribing to Bsc.news can be an excellent way for investors to stay up-to-date with the latest BSC news and trends, allowing them to make more informed investment decisions and stay ahead of the curve in the ever-evolving world of cryptocurrency.

In conclusion, staying informed about the latest Binance Smart Chain (BSC) news is essential for any cryptocurrency investor who wants to stay ahead of the curve. From identifying new investment opportunities and potential risks to gaining a deeper understanding of the BSC ecosystem, keeping up with the latest news and trends is vital for making informed decisions.

Fortunately, there are several ways to stay up-to-date with BSC news, such as bookmarking Bsc.news, following BSC-related social media accounts, joining BSC-related communities, and attending virtual events.

It's also about staying engaged with the vibrant and growing community of investors, developers, and enthusiasts who are driving innovation on this exciting blockchain network. So don't hesitate to get involved and stay informed about the latest BSC news and trends.

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The Importance of Staying Up-to-Date with the Latest BSC News for ... - BSC NEWS

A hack has cost Poolz Finance around $390,000 on the Binance Smart Chain and Polygon, PeckShield spotted on Wednesday.

The blockchain security company noted that the hack could have occurred due to an arithmetic overflow issue.

According to PeckShield, the initial analysis points towards an arithmetic overflow issue with Poolz Finance. In computer science, it is an issue of a larger operation yield against the relatively smaller storage system. Meanwhile, PeckShield identified a repeat pattern by the same sender on the Token Vesting contract.

The source in Solidity states,

Arithmetic operations in Solidity wrap on overflow. This can easily result in bugs, because programmers usually assume that an overflow raises an error, which is the standard behavior in high level programming languages.`SafeMath` restores this intuition by reverting the transaction when an operation overflows.

Blockchain vigilante Bythos was the first to identify and tweet about the issue to PeckShield.

Poolz is a cross-chain decentralized IDO platform. Its infrastructure allows crypto projects with funding before they go public. However, its POOLZ token has taken a hit of over 95% in the past day alone.

POOLZs current price of $0.19 is more than 99% lower than its all-time high. Nearly two years back, in April 2021, POOLZ hit a peak price of $50.89.

On March 13, the decentralized finance (DeFi) protocol Euler Finance underwent an exploit.BeInCrypto reportedon the day that hackers stole over $195 million from the platform in a flash loan attack.

Following this, Euler sent an on-chain message to the hacker. They said, If 90% of the funds are not returned within 24 hours, tomorrow we will launch a $1M reward for information that leads to your arrest and return of all funds.

The hackers have reportedly moved the money from the protocol to two new accounts. The wallets were heavily loaded with DAI stablecoins and Ethereum (ETH).

In February, Platypus lost over $8.5 million in a flash loan attack. According to a report by Chainalysis, 2022 lost $3.8 billion worth of cryptocurrency, making it the biggest year for hacking. The bulk of this money came from DeFi protocols.

According to David Schwed, Chief Operating Officer of blockchain security firm Halborn, these are based on a web2 attack pattern. In a conversation with Chainalysis, he said, A lot of the hacks that were seeing arent necessarily web3-focused, key exfiltration attacks. Theyre traditional web2 attacks that have web3 implications.

BeInCrypto has reached out to company or individual involved in the story to get an official statement about the recent developments, but it has yet to hear back.

Read more from the original source:

Poolz & Euler Hit With Back-to-Back DeFi Exploits Totaling $2.3M - BeInCrypto

interoperability concept with icon set

getty

With so many blockchains being developed with seemingly similar value propositions, many people are starting to wonder which one will emerge victorious and leave the others in its wake.

However, that may not be the right way to look at the landscape. In fact, it has become common in the industry to say that there is going to be more than one winner. After all, blockchains have important differences such as the amount of time it takes to process a transaction and how much it costs to use. One network could be ideal for an NFT purchase, while another is the best way to send money to your aunt around the world. However, unless you plan on setting up specific wallets for every blockchain, which could quickly become unwieldy, there must be a way for all these networks to talk to each other. Blockchains cannot be data silos. This is where interoperability comes in.

Blockchain interoperability is the idea of enabling distinct blockchain networks to interact and integrate, communicating seamlessly to allow for the sharing of data between chains. Are the fees too high on EthereumETH? Switch over to a Layer 2 protocol like PolygonMATIC or a competing network such as AlgorandALGO; if thats running slow, hop over to SolanaSOL. The dream is to be able to move freely between blockchains as easily as we switch between internet tabs today.

There have already been early successes in blockchain interoperability. Take, for example, wrapped bitcoin (wBTC). As DeFi started to grow many bitcoin hodlers were looking for a way to generate yield on their holdings. Just like everyone else, they wanted to make their money work for them. They got the solution in January 2019 with the launch of wBTC, a token running on top of Ethereum that is pegged 1:1 with BitcoinBTC. Today, wBTC can be found throughout Ethereums DeFi ecosystem deployed in decentralized lending pools, earning yield farming revenue (which can vary depending on the protocol) or posted up as loan collateral. Its market capitalization is $3.4 billion, amounting to about a little less than 1% of the total bitcoin market cap.

wBTC is an example of a bridge, where a user locks up an asset in either a smart contract or with a centralized custodian/issuer and receives a token on a new blockchain that represents the original asset. wBTC is not the only example of a Bitcoin/Ethereum bridge. RenBTC is another that is completely smart-contract based. wBTC is issued on a 1:1 basis by a consortium that includes BitGo.

But that is just the beginning.

Some blockchains share a common set of DNA so that they are compatible with each other. For instance, many networks have integrated the Ethereum Virtual Machine (EVM), which is essentially the open source recipe that sets the rules for changing a blockchain from state to state (i.e. adding a new block). It comprises the rules run by every node on Ethereum so that they know how to process transactions.

However, any blockchain can integrate the EVM into its operations. This makes it simple for prominent applications such as decentralized exchanges to move from one blockchain to another. Some platforms that offer EVM compatibility are Binance Smart Chain, Tron and Polygon (formerly MATIC). As an example, prominent Uniswap-clone SushiSwap has integrated with both Polygon and Binance Smart Chain. This way, their clients can use the same application on the platform of their choosing.

Finally, there are blockchains being formed with interoperability in their DNA. For example, PolkadotDOT is an open source platform building cross-chain bridges to enable transfers of data, assets and even smart contracts across blockchains. Another leading interoperability project, CosmosATOM, is focused on building an ecosystem of interconnected apps and services communicating through its inter-blockchain communication protocol.

Forbes is a bona fide news publication, not an investment advisor, registered broker-dealer, or exchange, and nothing in this publication should be construed as investment advice, research, or investment advisory services. Forbes site is not tailored to a specific readers or prospective readers current or future investment portfolio, investment objectives, or other needs. The content provided in this publication is for informational purposes only. No part of this publication should be construed as a solicitation, offer, opinion, endorsement, or recommendation by Forbes to buy or sell any security, investment, cryptocurrency, or digital good or property in the metaverse. You should consult your legal and tax advisors before making any financial decisions.

I am director of research for digital assets at Forbes. I was recently at Kraken, a cryptocurrency exchange based in the United States. Before joining Kraken I served as Chief Operating Officer at the Wall Street Blockchain Alliance, a non-profit trade association dedicated to the comprehensive adoption of cryptocurrencies and blockchain technologies across global markets. Before joining the WSBA, I was the Lead Associate within the Emerging Technologies practice at Spitzberg Partners, a boutique corporate advisory firm that advises leading firms across industries on blockchain technology. Previously I was Vice President/Lead Strategy Analyst at Citi FinTech, where I drove strategic and new business development initiatives for Citigroups Global Retail and Consumer Bank business across 20 countries. I also served five years as a Senior Intelligence Analyst at Booz Allen Hamilton supporting the U.S. Department of Defense. I have a B.S. in Business Administration from the Tepper School of Business at Carnegie Mellon University and a M.A. in International Affairs from Columbia University's School of International and Public Affairs. Additionally, I am a Certified Information Privacy Professional (United States, Canada, and the European Union) and a Certified Information Privacy Technologist at the International Association of Privacy Professionals (IAPP).

See the article here:

Blockchain Interoperability: The Tab Switching Of Web 3.0 - Forbes

No crypto trader needs to be warned about the perils of trading in the coin market. The coin market is too unpredictable, and surprising price moves constantly happen. Thats why you need to find effective ways to secure your capital. But its easier said than done.

A proven way for traders to protect their capital is through informed purchases. Dont buy any crypto token just because of a hunch or because someone told you to do so. Do adequate research about each digital asset. Learn what makes them stand out and why others would be interested in the project. If youre discouraged about researching through the tons of information on the coin market, weve handled it for you. This piece will reveal how Decentraland, Binance coin, and Dogetti(DETI).

If you thought youd had enough dog-themed crypto tokens, think again. Dogetti (DETI) is coming to change the impression of the coin market about dog-themed tokens. Rather than the regular dog-themed approach, Dogetti adopts a mafia touch. This meme coin intends to create a family of users. They believe long-term success is achievable by creating a strong sense of ownership and belonging in the project.

The Dogetti team has clearly stated their intentions to make this project the top DOGE in the meme sector. But this will not be an easy feat. They have created a project with an evolving DeFi ecosystem to achieve this. The goal of Dogetti is to transfer wealth to family members. Dogettis innovative ecosystem will include three major projects DogettiDAO, DogettiSwap, and DogettiNFTs. Each has been set up to offer users active involvement in crypto-related matters and reward them too.

Decentraland is an innovative project whose ability to fight off heavy losses is remarkable. Decentraland has been able to achieve an excellent position for itself in the coin market because of its unique selling point. This crypto token will allow users to purchase digital land and enjoy metaverse-like features.

The purchase process on this platform is quite simple. Decentraland users can communicate and interact in the digital universe. They are also offered the creative freedom to edit their digital plots.

Before Binance coin, many crypto experts claimed that it would be difficult for the native token of a crypto trade platform to be one of the most significant digital assets in the coin market. This theory held for many years because no native token of top crypto platforms had the firepower to push to the top of the coin market. Binance coin was able to break through this stereotype because of the innovativeness of its development team.

When Binance coin (BNB) was created, it was solely designed to support the transactions in its parent platform. It didnt take long before BNB was adopted to pay gas fees on Binance. However, there was one major problem. This cryptocurrency was gradually becoming slower. Because it relied on Ethereums blockchain, Binance coin charged exorbitant rates for each transaction. This slowed down activities on its parent platform and discouraged people from using it.

It didnt take long before Binance coins developers thought of a new solution to their problem. They created their blockchain to process transactions. They called this blockchain Binance Smart Chain. There are numerous benefits of the BSC. It allows transactions to be processed faster and at less cost than Ethereum. This opened up the floodgates for people to use BNB as a reliable means of sending and storing value. Whats more? The Binance Smart Chain allows developers to host other projects on it.

If you believe in Dogetti, you can join its presale or learn more about it on its website:

Presale: https://dogetti.io/how-to-buy

Website: https://dogetti.io/

Telegram: https://t.me/Dogetti

Twitter: https://twitter.com/_Dogetti_

Continued here:

Buy Dogetti, Decentraland, and Binance Coin To Avoid Heavy ... - NewsWatch

Many exchange platforms have their own exclusive coin or token. An example of this is Binance Coin (BNB) created by the makers of Binance. BNB is bought and sold on the platform and used for trading fees. CryptoUnity has its own token too, named CUT. Its an important part of our platform and allows our users to benefit from holder rewards.

Lets take a look at what CUT is, what it does, and how it works.

The CUT token built on the Binance Smart Chain and serving as CryptoUnitys native asset is a utility token created with specific functions in mind. Buyers can purchase or sell it through our platform but those who decide to hold their CUThave plenty of extra advantages. Lets explore some of these benefits.

When trading on our exchange, CUT holders can enjoy a reduced commission fee. The more CUT they hold, the smaller the commission fees, providing them with greater returns from their investments. As a CUT holder, youre in a much better position to maximize your profits.

Are you curious about Initial Coin Offerings (ICOs)? These are opportunities where a brand-new cryptocurrency is released before it hits any exchanges. CUT holders will have exclusive access to upcoming ICOs on our Research Launchpad. It means if youre a CUT holder, you can get your hands on the best deals first!

We believe that education is the key to a successful crypto journey. Thats why CUT holders will also be able to unlock advanced courses and gain access to exclusive events hosted by CryptoUnity. These events, which include tutorials, workshops, webinars, and seminars, provide insight into the world of crypto trading, and are an invaluable resource for those who are just getting started.

NFTs, also known as Non-Fungible Tokens, are digital assets that can be bought, sold, and traded. An example of an NFT is a crypto art piece digital artwork that can be bought and sold on the blockchain. CryptoUnity allows CUT holders to create their own NFTs, including buying and selling them on the platform.

Holders will receive 2 % of every trade or purchase. This means youll be rewarded for holding CUT. So, the longer you hold it, the more youll be rewarded.

Airdrops, bounty hunts, and crypto giveaways are popular events where tokens are handed out for free to participants. CryptoUnity holds these events regularly, and as a valued CUT holder, you can join them all.

So, there you have it a quick introduction to CryptoUnitys CUT token and how it can benefit you as a holder. As you can see, there are plenty of incentives for holding CUT. Lower commission fees, participating in ICOs, access to workshops, the ability to create and buy/sell NFTs, passive rewards, airdrops and giveaways is only the beginning. CUT really helps you get the most out of CryptoUnity!

As our platform grows and develops, we plan to introduce even more benefits to CUT holders. We want to reward everyone who supports us, and CUT is our way of saying thank you. So what are you waiting for? Get your CUT and join the CryptoUnity movement!

Originally posted here:

All About CryptoUnitys CUT Token What Is It and How Does It Work? - Coinpedia Fintech News

Home De-Fi How To Add Tron [TRX] Network To Metamask?

The Tron network is an open-source, decentralized proof-of-stake blockchain founded by Justin Sun that allows smart contract functionality, similar to Ethereum.

Tron has its own native token called Tronix (TRX), which is one of the worlds top 20 cryptocurrencies, according to Coinmarketcap.

Apart from being traded on all major cryptocurrency exchanges, the TRX token is also used across its ecosystem for fees when swapping assets on dApps or sending TRC20 tokens such as USDT, collateral, or staking.

Unfortunately, no. Although it is similar to ERC-20 in terms of functionality, the TRC-20 token standard is different and incompatible with Metamask, a wallet that supports only EVM-compatible networks.

To enjoy the functionality of the Tron blockchain, like using SunSwap or other dApps, you should use an alternative compatible with the TRC20 standard, such as TronLink, a wallet available as an Android and iOS app or Google Chrome extension, just like Metamask.

If you are familiar with the Metamask wallet, using TronLink will be easy, as the two wallets have very similar features. The main difference is that TronLink is fully compatible with the Tron network ecosystem, unlike Metamask, which supports only Ethereum and other EVM (Ethereum Virtual Machine) networks.

Users can add the Binance-pegged (BEP-20) TRX version of the token, but that will be on the Binance network and wont actually add the Tron network to Metamask, meaning TRX will lose most of its functionality. Binance-pegged tokens are backed by native tokens. This lets users connect tokens to the Binance Smart Chain (BSC).

These pegged tokens can be created using the Binance bridge and have limited functionality, such as keeping the peg with native tokens, sending or receiving them on the BSC network, or swapping them on BEP-20-compatible dApps. You can always bridge pegged tokens back to native tokens.

To add the Binance-pegged TRX token to your Metamask wallet, you need to follow a few simple steps:

1. Visit https://coinmarketcap.com/currencies/tron and copy the contract address for the token (0x85eac5ac2f758618dfa09bdbe0cf174e7d574d5b).

2. Open your Metamask and make sure your wallet connects to the Binance Smart Chain network.

3. Click on import tokens in the lower section of the menu, paste the Tron BEP-20 token contract address into the field, and click on add custom token.

4.When you see the TRX logo, click the import token button to confirm the action and finish the process.

An important thing to remember when using the Binance-pegged version of the token is not to send any native TRX (TRC20) tokens directly to your Metamask BEP-20 address, as that may cause a permanent loss of funds. To bridge TRX (TRC20) tokens to Binance Smart Chain (BEP-20), you need to use its cross-chain bridge solution found here.

An alternative to bridging TRX (TRC20) tokens to pegged TRX (BEP-20) on the Binance bridge is to buy them on another cryptocurrency exchange platform that supports withdrawing TRX on the BSC BEP-20 network and have them sent to your Metmask Binance Smart Chain (BEP-20) address.

Metamask doesnt work with Tron because it has its own network and token standard (TRC20), even though it started out as an Ethereum-based token. To use the Tron decentralized ecosystem in a similar way you would do so on Metamask, you should download TronLink, one of the leading Tron-compatible wallet solutions on the market.

Although you can use the Binance-pegged TRX token on the BSC network on Metmask, once you bridge your native TRX tokens, you will lose all the security features and functionality offered by the Tron network, and you will have to put your trust in the BSC blockchain and Binance.

CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com

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How To Add Tron [TRX] To Metamask? [What Goes & What Not] - Captain Altcoin

Arbitrum foundation announced the date for the $ARB token airdrop & DAO governance and 12.75% of community allocation to be distributed on March 23. ARB holders will vote on decisions governing Arbitrum One & Nova networks.

Arbitrum announced to launch of its much-awaited DAO governance and its native $ARB token on March 23.

Today The Arbitrum Foundation is extremely excited to announce the launch of DAO governance for the Arbitrum One and Arbitrum Nova networks, alongside the launch of $ARB. https://t.co/TB3wG0QK0v

According to the Arbitrum Foundation, the launch of $ARB marks the evolution of Arbitrum into a decentralized autonomous organization (DAO). Thus, $ARB holders will be able to decide on key decisions governing Arbitrum One and Arbitrum Nova - networks that provide faster and cheaper transactions on the Ethereum blockchain.

The total circulation of $ARB will be 10 billion. A total of 56% of those tokens will be controlled by the arbitrum community - 11.5% will be distributed to the Arbitrum community, and 1.1% will be distributed to DAOs operating in the Arbitrum ecosystem. Arbitrum DAO will control the distribution of the remaining community tokens through a treasury.

The other 44% of Arbitrum's circulation will go to Offchain Labs - the firm that built Arbitrum. All investor and team tokens are subject to a 4-year lockup, with the first unlocking happening in one year and periodic unlocking throughout the next three.

The Arbitrum Foundation and Offchain Labs worked closely with Nansen throughout the past several months to develop eligibility criteria $ARB token airdrop. They developed a point system based on various metrics of network usage.

Users of both Arbitrum One and Arbitrum Nova both received points. Moreover, early users of Arbitrum One (before Nitro) received more points. Users with three or more points are eligible for the airdrop. However, points were also deducted from users who engaged in Sybil-linked usage patterns.

You can check the point system and discover more about the eligibility criteria here.

Users who want to be part of Arbitrum's governance but do not wish to vote on-chain actively can participate passively through delegation.

Furthermore, Arbitrum included a second mechanism in the form of DAO airdrops, as a way of extending token distribution to new and infrequent users. In accordance with this, only Arbitrum projects with DAO treasuries are eligible.

Among the exceptions to the DAO airdrop was the inclusion of the Protocol Guild, an organization that represents the Ethereum core developers and contributors.

The ARB token will only be used for protocol governance, unlike ETH, which is used to pay Ethereum (and Arbitrum) fees.

The DAO governance in Arbitrum is self-executing, which means its votes will directly effect and execute on-chain decisions without the involvement of an intermediary. The voting process requires a minimum of 2137 days to pass before a proposal can be executed, ensuring users are given time to react to any changes.

Additionally, the Arbitrum Foundation established the Arbitrum Security Council, a 12-member multisig of highly regarded community members that would monitor the security of the chains and can act rapidly when a vulnerability is found. At some point, the DAO can also retire the Security Council if it decides the chain no longer needs its protection.

The Arbitrum foundation also announced the launch of Arbitrum Orbit, a platform for developers to easily and permissionlessly create their own Layer 3 (L3) blockchains. Additionally, Arbitrum Orbit L3 chains will support Arbitrum Stylus, which allows developers to build chains in C, C++, Rust, as well as Solidity.

The Arbitrum DAO will be able to authorize additional Layer 2 chains on Ethereum, regardless of whether they are governed by $ARB, ensuring full community control of Arbitrum.

The Arbitrum One platform was upgraded to Nitro in August. Moreover, a few months ago, Arbitrum announced that ten independent institutional validators had signed up to validate the platform.

The community is exited with the recent announcement.

Congrats to the team, this is huge.

You took your time but you delivered.

According to L2 Beat, Arbitrum has $3.63 billion in TVL in its Ethereum rollup network, Aribtrum One.

Arbitrum is an Ethereum layer-2 network that enables developers to build and deploy highly scalable smart contracts at low cost. You can use Arbitrum chains to do all the things you do on Ethereum use Web3 apps, deploy smart contracts, etc., but your transactions will be cheaper and faster. The flagship product for the team, Arbitrum Rollup, is an Optimistic rollup protocol that inherits Ethereum-level security.

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Binance Research Reviews February Crypto Trends: Arbitrum, Blur ... - BSC NEWS

The emergence of Dog coins brought a wave of excitement to the market. Dog coins are meme coins inspired by the popular Dogecoin. These coins include Shiba Inu (SHIB), Floki Inu (FLOKI), and Milo Inu (MILO). However, the recent surge in interest in AI crypto is threatening to overtake the popularity of meme coins. And Avorak AI, a pioneer in the industry, looks set to outperform the dog coin trio.

The Dog coin trio: SHIB, FLOKI, MILO

SHIB, FLOKI, and Milo Inu were all created to take advantage of the popularity of dog-themed cryptocurrencies. The creators of these coins developed them to leverage the popularity of Dogecoin and capitalize on its success.

Shiba Inu (SHIB) was launched in August 2020 and quickly became popular among crypto enthusiasts. It is an ERC-20 token running on the Ethereum blockchain. The developers of SHIB have made it a decentralized and community-driven coin, with its value primarily determined by its supply and demand.

FLOKI is another dog-themed cryptocurrency launched in September 2021. Its name is derived from Elon Musks dog, Floki. It has gained popularity among investors due to its strong social media presence.

Milo Inu is the third dog coin cryptocurrency on this list. It was launched in October 2021. It aims to develop intellectual property-based virtual idols in order to build a global brand with animation richness.

Avorak AI

Avorak AI is the latest AI crypto project on the Binance Smart Chain. The native token of this ecosystem, AVRK, has a ton of use cases. In addition to being used to access Avoraks AI services, AVRK can also be used for staking and for incentivized liquidity provision on decentralized exchanges. Holding AVRK also assures a portion of Avoraks AI services revenue.

Avoraks AI services will include but will not be limited to automated video and image editing, 3D modeling with base architectural blueprint drafting, and automated online shopping. Avoraks ICO offers investors a chance to get the AVRK tokens at a discounted price. Currently, in phase 2, the ICO has 1AVRK going for $0.105, which represents a 75% increase in price. A recent video by Crypto Bape highlights the potential of Avorak, and the benefits that come with getting the AVRK tokens through the ICO.

Avorak AI vs. The Dog coin trio

Avorak AIs cohesive and interactive AI system, powered by blockchain technology and natural language processing, offers practical applications for investors seeking long-term value. Its utility-based approach stands in contrast to meme-based virtual currencies like SHIB, FLOKI, and Milo Inu, which are largely driven by hype and speculation.

Avoraks comprehensive list of products and user-friendly system provides users with a seamless and consistent experience. This makes it more attractive to investors seeking a reliable and intuitive investment platform. Additionally, Avorak AI has received positive feedback from crypto enthusiasts on YouTube and Twitter, and has been audited by CyberScope, further boosting its credibility in the market. As interest in leveraging AI technology to solve real-world problems continues to grow, Avorak AIs unique approach could make it potentially outperform the dog coin trio in the near future.

Conclusion

Avoraks wide range of services and its token use cases make it an attractive investment option. With AI crypto slowly overtaking meme coins in popularity, and Avoraks potential, it is highly likely that AVRK will outperform SHIB, MILO, and FLOKI.

For more information on Avorak:Website: https://avorak.aiWhitepaper: https://avorak-labs-and-technology.gitbook.io/avorak-a.i-technical-whitepaper/

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

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The Dog Coin Trio: Why Avorak AI Could Outperform Shiba Inu ... - Crypto Reporter