Read Time: 4 minutes Summary: On 7th October 2022, there was an exploit affecting the native cross-chain bridge called “BSC Token Hub”. The bug is in the proof verifier of the bridge. A total of 2 million BNB was withdrawn and Binance temporarily paused BSC Network to prevent further damages. Funds taken off BSC are estimated between $100M – …
The Million Dollars BSC Token Hub Bridge Hack Analysis Read More »
Read Time: 7 minutes Binance is the largest centralized cryptocurrency exchange, overseeing over a billion dollars worth of trades. Binance rose to popularity because of its security, as the platform demands every user to complete the verification process. This allows the team to effectively monitor transactions and apprehend criminals. Address verification is one of the levels of validation on …
Read Time: 5 minutes Peter Drucker once quoted, “Innovate or Die!” This gave birth to Binance Chain and, ultimately Binance Smart Chain. Binance chain, due to its dual-chain architecture, has successfully pulled the attention of the masses. It has also grabbed the attention of attackers resulting in various hacks and exploits in the recent past. While the concept of …
Top 5 Burning FAQs on Binance Smart Chain Auditing Read More »
Read Time: 4 minutes For the past years Blockhchain has disrupted a lot of domains such as art, music, games, etc. Blockchain was initially used for the exchange or for dealing in cryptocurrency, Bitcoin. Since then, the technology has come a long. Another application of it has sprung up: cryptocurrency p2p lending, while p2p lending has been around for …
Introduction to Peer-To-Peer Lending with Cryptocurrencies Read More »
Read Time: 5 minutes Peer to peer or a decentralized exchange between two parties, P2P is the sharing of information, assets between parties without the involvement of a central authority or middlemen. The interactions between counter-parties on peer-to-peer network are directed exclusively by pre-programmed software, with no requirement for human middlemen. In a P2P network, the user utilizes and …
Read Time: 2 minutes Blockchain Platforms Ethereum Ethereum transaction volumes at 17-month high; surpasses 1 million daily transactions Tinlake: bringing individual, non-fungible assets to DeFi Start and Deploy your Own Fully Synced Ethereum Node in Under 10 Minutes Case Study: Real World Supply Chain with Enterprise Ethereum Chainlink the ethereum oracle EOS EOS Smart Contract Development : Understanding fundamental concepts …
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