Binance Smart Chain reaches a new milestone
A new milestone was reached with 900 million completed transactions recorded in the BSC last week. This means that in less than a year, the BSC ecosystem has completed almost a billion transactions. He revealed on DappRadar that four of the most used decentralized applications (dApps) run in the BSC ecosystem. The 4 altcoin projects are as follows:
Autofarm
PancakeSwap
CryptoBlades Marketplace
CryptoBlades
$10M joint rewards program on Binance Smart Chain from Priority ONE
The bounty program that will take place is a $10 million prize pool aimed at discovering potential vulnerabilities to improve security in the BSC system. Rewards will be distributed according to their importance and exploitability. Part of the announcement made in the form of a report is as follows:
"To ensure that the community can use Binance Smart Chain dApps in a safe environment, we will create an attractive partner rewards program for bounty hunters, vulnerability researchers and ethical hackers. This joint rewards program aims to continuously improve software security and lifecycle management, provide risk controls and attract more proactive penetration testing to detect problems early. We aim to create a $10 million bounty pool that will reward all bounty hunters for revealing verifiable attack vectors or vulnerabilities in up to 100 dApps…"
C.R.E.A.M. Finance launches augmented savings initiative at BSC with BNB
C.R.E.A.M. Finance introduced its latest product, “Boosted Finance” for depositors, with automatic Verifier Delegation. This means users can earn Verifier Rewards and Supply APYs with one click. It also only applies to BNB depositors who plan to expand to other Blockchains in the BSC ecosystem.
Deri Protocol announces BSC DeFi index perpetual contract
Deri Protocol is a DeFi protocol that aims to exchange participants' capital in the most efficient way. Additionally, the BSC DeFi index revealed its perpetual contract and is the first BSC DeFi index to cover BSC DeFi projects. Also, the projects covered are the BUSD-margined iBSCDEFI perpetual contract and the DERI-margined iBSCDEFI perpetual contract. The statement and announcement made are as follows:
"Leather Protocol's Inno Zone is a special trading zone that allows traders to trade with new, innovative trading symbols. Our goal is to continue to offer new permanent contracts as soon as possible. As of today, we take this one step further by listing the BSC DeFi Index, which covers selected popular DeFi projects on Binance Smart Chain."
How about the BNB price?
At the time of writing, BNB has grown by 3.68% in the last 7 days and is trading at $347.20. The 24-hour trading volume is $1,567,131,305. On July 21, it reached up to 360 dollars with the momentum it gained. During this period, only 3 red candles have registered in 19 days and there are two series of green candles, one with 12 and one with 4.