Tag: Binance Smart Chain
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Revolutionizing Real-World Applications: The Promise of Decentralized Physical Infrastructure Networks (DePINs)
One of the most common questions about cryptocurrencies and blockchain technology is: How can this be used in the real world? Given the hype around memecoins, airdrops, scams, and get-rich-quick schemes, it’s understandable why this is a valid concern. However, blockchain technology is still in its infancy, and there are present and future opportunities that…
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The biggest Hack in Defi History
At 6am ET on August 10, over half a billion dollars worth of crypto assets were stolen from Poly Network, a cross-chain protocol that facilitates token swaps across multiple blockchains including Ethereum, Binance Smart Chain and Polygon. With the total drained at $600M, this is the biggest DeFi hack in history, dwarfing the $59M EasyFi…