Group B Ready for the Clash

The latest iteration of Battle of the Dapps and the first of the tournament-style event for 2023 kicked off on January 25 at 7 PM UTC. The thrilling Group A challenge saw RealFevr become the first project to advance to the Grand Finale after warding off strong rivalry in RadioCaca, and Stader Labs.

The rules of the competition are simple; each project (coming from a different background) answers a series of questions centered around Security, Longevity, and Community. The project considered to have the best answers by the community and judges will move on to the final round.

This edition of Battle of the Dapps is sponsored by Lend Finance, a natural extension of the TEN Finance Ecosystem and a decentralized lending protocol for individuals and protocols to access financial services.

Check out this article for a full explainer of the rules.

The projects competing in Group B are as follows:

• Wombex - A BNB Chain native protocol for boosting yield for liquidity providers and concentrating governance power across Wombat.
• DeRace - A complete NFT horse racing ecosystem based on blockchain and powered by $DERC token.
• Venus - A decentralized finance (DeFi) algorithmic money market on BNB Chain.

Set a reminder and tune in to the official BSC News Twitter Space on January 30 at 7 PM UTC to see which of these three projects join RealFevr in the Grand Finale of the Battle of the Dapps!

Following this Round, Group C (made up of Velvet Capital, NFTbMarket, and Cryptopolis) will tussle for the last spot in the final round on February 3. The Grand Finale is scheduled for February 6, at 7 PM UTC, where one of the three winners of the previous rounds will be crowned the new King of Dapps.

       

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Binance AMA with CZ and Product Head

Binance is set to make transparency through quality products a major focus for 2023, according to a recent AMA session with Binance CEO Changpeng Zhao and the Head of Product, Mayur Kamat.

The two leaders joined for a Binance Live session on January 24 which was also posted as an interview blog on January 27. The Binance Live has accumulated almost 50,000 views so far. The AMA gives insight into where the two leaders at the world’s largest exchange are hoping to push the company.

Taking cue from the major events in 2022, Binance will be working to improve the transparency between its assets and the crypto community while providing great products to facilitate easier adoption. Through trust and quality products, the two leaders hope to maintain Binance’s success into 2023.

“Look, there's no adoption without products. You can have a great technology or concept, but you've got to have people using products,” says Changpeng (CZ) Zhao. And when people use products, they don't think of them as products. They just use a tool to help them solve a problem.”

Zhao and Kamat also answered questions from the Binance Community regarding the Binance Card, metaverse growth, and more.

Notable, when asked about Binance’s next big product, the two focused on efforts to maintain transparency and make it easier for the community to follow the exchange’s actions. Binance will also work to build out Decentralized Finance (DeFi) adoption.

“Binance’s next big products aim to solve the aforementioned trust and transparency issues,” writes the blog. “There will be multiple product releases around Binance’s Proof of Reserves and Proof of Solvency to provide more transparency and a roadmap to be released publicly. “

For the full interview, check it out here.

What is Binance:

Binance positions itself as the world’s leading blockchain ecosystem and crypto-asset infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. The Binance platform aims to increase the freedom of money for users and features a comprehensive portfolio of crypto-asset products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization, and infrastructure solutions.

Where to find Binance:

Website | Twitter | Discord | Telegram |

Major Milestone, Web3 Storage, Phone Gaming

Chainlink continues to expand its reach in the crypto sector. This week, the dominant smart contract oracle network celebrated a milestone in Transaction Value Enabled (TVE), attracted a new Chainlink BUILD program member, and announced a partnership with a mobile app.

announced partnerships with two carbon credit-related projects, a Non-Fungible Token (NFT)-based strategy game, and a Decentralized Finance (DeFi) protocol on BNB Chain.

In this week’s roundup:

• Chainlink Network Surpasses $7 trillion in TVE.
• FilSwan joins BUILD program.
• Karto Cars integrates Verifiable Random Function (VRF).

Chainlink Hits $7T

The Chainlink Network reached a major milestone in TVE, surpassing $7 trillion in on-chain transactions facilitated by Chainlink oracles since the beginning of 2022.

Read this Chainlink blog post to learn more about TVE and other Web3 metrics.

FilSwan Joins Chainlink BUILD

FilSwan has joined the BUILD program to accelerate the adoption of its cross-chain decentralized storage and compute solution.

“We are excited to join Chainlink BUILD, which will help us expand the usage of our Web3 storage and compute solution. The Chainlink Network underpins the multichain ecosystem, and its support will help us rapidly gain users for our platform,” FilSwan Founder Charles Cao said in an announcement. “Ultimately, we aim to complement Chainlink oracle services with backend infrastructure that supports a thriving cross-chain blockchain ecosystem.”

FilSwan is building a cross-chain platform to help Web3 projects integrate data, edge computing, bandwidth, and payments, with the goal of decentralizing and democratizing data storage and computing online.

FilSwan already uses Chainlink Price Feeds on its multichain.storage platform, and plans to integrate Automation into its decentralized computing platform LagrangeDao.

As part of BUILD, FilSwan will gain access to new alpha and beta product releases, to dedicated technical support, and more.

In return, FilSwan will commit a portion of its total token supply to Chainlink service providers, including stakers.

Karto Cars NFT Mint

Karto Cars has integrated VRF on Ethereum to ensure a fair mint of its Non-Fungible Tokens (NFTs).

“The team and I decided to use Chainlink VRF so that our community understands we made the minting process as fair and transparent as possible. Our goal was to ensure that every player has a fair chance of minting the rarest NFTs, and Chainlink VRF is the best solution to accomplish that!” CEO Najib EL Hayek said in a Medium post.

Karto Cars is a Free-to-Play/Play-to-Earn racing game available on the App Store and Google Play Store. The mobile phone game features a collection of 2,500 retrofitted car NFTs.

Last four weekly Chainlink Roundups:

• Jan. 22: Etherisc, OpenEarth, Planet IX, EMP Money
• Jan. 15: Mind Network, Polarys, Festa do Taipe
• Jan. 8: Cask, OnePlanet, Kwil, 2022 Highlights
• Dec. 31: Blueberry, Magpie, Galileo, Fuse Gold

What is Chainlink:

Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries and offers global enterprises and leading data providers a universal gateway to all blockchains.

Where to find Chainlink:‍

Website | Twitter | Docs | Community

FlokiFi Locker Reaches New All-Time High

FlokiFi Locker surpassed $9 million in Total Volume Locked (TVL), doubling its total assets locked in under four days.

Floki has been making headlines with a pending DAO proposal set to implement a major token burn. Users are clearly flocking to the FlokiFi Locker to lock up and secure assets in preparation for the burn. The protocol is attracting investment as it increased from $4.04M on January 26, according to DefiLlama. That’s a 127% increase!

Floki has also been on the radar of some major centralized exchanges. The token pushed up the trending charts on CoinMarkerCap Community on January 28-29, garnering almost as much attention as bitcoin. There are also rumors that Binance is buying up Floki tokens after the two partnered for the payment service of the Floki merch store.

The TVL on FlokiFi has since returned back to under $9M, sitting at $8.7M. With an average lock of around $8k, users are bringing in large sums to the protocol. The vast majority of FlokiFi investments are on Ethereum, where there is over $6 million TVL.

What is Floki:

Floki Inu began with a tweet from Elon Musk. When the billionaire announced he would name his Shiba Inu puppy Floki, it created a deluge of ‘Floki’ dogcoins. The most successful of these is Floki Inu. Floki Inu is currently the third most popular meme token on the market, behind Dogecoin and Shiba Inu. It is backed by a community of committed enthusiasts and a strong marketing campaign.

Where to find Floki:

Website | Twitter | Telegram | Discord

BSC News X Unstoppable Domains

BSC News is proud to announce that it has partnered with NFT domain name provider and digital identity platform, Unstoppable Domains (UD).

The partnership allows users to mint a free .nft domain that matches their Twitter handle.

Owning a Web3 domain allows users to enjoy a smoother experience by replacing complex alphanumeric addresses with human-readable domain names when buying or sending crypto assets, enabling them to perform transactions more easily.

How to Get a Free .NFT Domain

• Visit the link
• Verify your Twitter account
• Check for your free Web3 domain
• Update your Twitter to show off your Web3 domain

Once you obtain your free .nft domain, you can go ahead and update your Twitter profile to match your NFT domain and show that you’re part of the Web3 community. Unstoppable Domains allows you to buy and set up more than one domain too. Why stop by just owning your Twitter username?

The partnership with BSC News coincides with a Lunar New Year campaign push by Unstoppable Domains to giveaway special NFT domains. There will also be a $500 giveaway of NFTs and domains from BSC News to celebrate the partnership. More details will follow regarding the giveaway.

Unstoppable Domains has been joining forces with accelerator programs across the globe in 2023 to educate startups on Web3 and digital identity. These programs include solid partners such as Open Web Collective, CV Labs, and Aves Lair. Over 700 companies have currently integrated Login with Unstoppable to improve user experience and assist their users in efficiently managing their digital identities.

About Unstoppable Domains

Founded in 2018, Unstoppable Domains is building a digital identity platform for Web3. Unstoppable Domains offers Web3 domains minted on the blockchain that give people full ownership and control of their digital identity, with no renewal fees. With Unstoppable Domains, people can replace lengthy alphanumeric crypto wallet addresses with a human-readable name and log into and transact with hundreds of apps, wallets, exchanges and marketplaces. The company was named by Forbes as one of America's Best Startup Employers in 2022.

Find more info about Unstoppable Domains here:

Website | Twitter | Discord | Instagram | Youtube |