There have been some astonishing developments in Binance Smart Chain (BSC) ecosystem lately. Therefore, Altcoin Buzz, to keep you fully informed, takes a look back at the most important BSC updates that took place in the second week of September.
Over the past week, Binance Smart Chain (BSC) reached new milestones in terms of total transactions on the ecosystem. Also, notable BSC projects revealed they are embarking on a security initiative to make the BSC ecosystem safer. Let’s take a look at the Top 4 BSC news:
1 – Binance Smart Chain (BSC) Ecosystem Reach New Heights
During the week, Binance Smart Chain (BSC) revealed they attained a new milestone of 1.2 billion total transactions on the BSC platform. Therefore, in little over a year of operation, the BSC ecosystem has reached, on average, about one hundred million total transactions per month.
Total transactions on #BinanceSmartChain crossed 1.2 billion! 🚀
— Binance Smart Chain (@BinanceChain) September 10, 2021
2 – BSC Projects Embark on Security Initiative
According to reports, Binance Smart Chain (BSC) and Immunefi have launched the Priority One joint $10 million Bounty Program. “The program aims to boost the security of the BSC, and it will feature three popular BSC projects in the pilot phase,” the report added.
A safer Binance Smart Chain ecosystem is on the way! See the three #BSC projects premiering the latest security initiative. @immunefi @BinanceChain @BELT_Finance @autofarmnetwork @AlpacaFinance #BSCNews #CryptoNews #Crypto #DeFi #BinanceSmartChainhttps://t.co/pZ13qUrwds
— bsc.news (@news_of_bsc) September 12, 2021
Besides, the three BSC projects taking part in the bounty program are Belt Finance, Alpaca Finance, and AutoFarm. The participants were also informed that bug hunters that find and report loopholes in the smart contracts of the three projects will enjoy extra rewards of about 50% extra.
3 – MyDeFiPet Enters Strategic Partnership with Biswap.
MyDeFiPet, a platform that combines traditional game experiences and DeFi into NFT collectibles, has entered a strategic collaboration with Biswap. The partnership makes it possible for Pet Masters to play the game and enjoy more rewards with passive crypto incomes.
✨ Through this partnership, Biswap will help all Pet Masters play the game and receive more benefits with passive crypto earnings.
— 💫 Smart BSC News💫 (@SmartBSCNews) September 11, 2021
Also, a strategic partnership, Biswap will ensure users get directions and off-game items to help them get the best from their $DPET tokens that have a “high APR farm”. In addition, Biswap plan to increase the APR every month, based on high $DPET and farming the $DPET-$BNB pair.
On the other hand, it’s also important to note that Biswap is the pioneer DEX on the Binance Smart Chain ecosystem, which has a 3-Type Referral Program.
4 – BakerySwap Adds Classic NFTs Featuring Hip-hop Stars
Dropping like its hot, BakerySwap has some unbeatable NFTs that feature some classic names from hip-hop@bakery_swap #BSCNews #NFT #CryptoArt #Crypto #CryptoNews #BinanceSmartChainhttps://t.co/kr8ipO5Za3
— bsc.news (@news_of_bsc) September 11, 2021
With assistance from hip-hop legends like Russell Simmons and Snoop Dogg, MasterMinds of Hip Hop organized an NFT Mystery Box sale on BakerySwap. There will reportedly be three separate collections for sale between September and October.
“Hey Everyone! As part of the Masterminds Of Hip Hop, I will be launching the first drop of my NFTs alongside my dear friends DJ Hollywood, Busy Bee, Grandmaster Caz, Nikki D, Sha Rock, Doug E Fresh, Russell Simmons – the people who kickstarted this cultural Hip Hop movement,” Russell Simmons tweeted.
As of the time of publication, BNB price was USD 400.89 with a 24-hour trading volume of USD 1.7 Billion. BNB price also increased by 0.2% over the last 24 hours. Besides, it has a circulating supply of 154.5 Million BNB coins, as well as, a total supply of 170.5 Million.
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