Recapping the Week in DeFi

Cryptocurrency never sleeps, and neither does crypto news and content. Because of this constant stream of information, it’s difficult for investors to keep track of the most notable news. In this weekly recap, BSC News shares some of the most exciting stories and breaking news events of the week to help you stay up-to-date on all things DeFi.

BNB Chain Hosts First North American Innovation Pitch Day in San Francisco

BNB Chain will be hosting its first Innovation Pitch Day in North America on October 30. Taking place in San Francisco, the event gives participants unique aid and opportunities.

Read more about the event here.

Digital Assets in Nigeria and the Evolving Stance of the Nigerian Government

Crypto is becoming more accepted in Nigeria, but that wasn’t always the case. This article by BSC News tackles the evolution of crypto in the country.

Read more about the evolution here.

RichQuack Tops Memecoin Social Rankings, Burns 18.45T Tokens

RichQuack has built a fervent community, once again topping charts when it comes to memecoins in the space. The project also burned another 18.45T $QUACK in a deflationary measure.

Check out what the social dominance and token burn mean here.

Magic Eden Adopts Optional Royalties, Sparks Debate in NFT Space

Royalties on NFT transactions have long been a form of income for artists, but if buyers have the choice to pay less, they will. Despite supporting creators previously, Magic Eden changed its tune to compete with no-royalty marketplaces, sparking a debate.

Check out their reasoning for the decision and its aftereffects here.

What are the Differences Between Binance and BNB Chain

Binance and BNB Chain are under the same umbrella but serve completely different purposes. This BSC News article explains the differences in centralization and decentralization between the two.

Read about the differences here.