Blockchain News
January 31, 2023
Blockchain News
The DeFi ecosystem on the new Aptos blockchain is growing. Let’s check out the top platforms for swapping, liquid staking and lending.
Aptos TVL Linked to $APT Price Rise
The Aptos blockchain has been on fire in 2023, with the value of its native coin $APT nearly hitting $20 last week and its market cap now sitting at more than $2.7 billion, making it one of the top 30 largest cryptocurrencies.
Concurrent with the rise of $APT, the blockchain’s Total Value Locked (TVL) has also increased in terms of U.S. dollars and now sits at more than $75 million, according to DefiLlama.
However, in terms of $APT, the chain’s TVL peaked on Dec. 30 at 17.54 million $APT and has since dropped sharply to the current 4.4 million $APT.
Let’s take a look at some of the top Decentralized Finance (DeFi) protocols on Aptos:
Decentralized Exchanges
1. PancakeSwap
- TVL: $37.1 million
- 7-Day Change: +15%
- 1-Month Change: +36%
- Notes: The dominant BNB Chain DEX has taken Aptos by storm, accounting for nearly half of the chain’s TVL in all.
2. AUX Exchange
- TVL: $11.8 million
- 7-Day Change: +2%
- 1-Month Change: -36%
- Notes: AUX has retained its position as the top Aptos-native DEX, but its share of the chain’s TVL has suffered with PancakeSwap’s rise.
3. LiquidSwap
- TVL: $9.1 million
- 7-Day Change: +6%
- 1-Month Change: +10%
- Notes: LiquidSwap was the first Automated Market Maker on Aptos, and its TVL has held fairly steady since November.
Liquid Staking
1. Tortuga
- TVL: $10.7 million
- 7-Day Change: +25%
- 1-Month Change: +243%
- Notes: Tortuga and rival liquid staking platform Ditto were popular protocols since the first airdrop of APT coins, when there were no decentralized cross-chain connections and limited DeFi utility. Tortuga assumed and so far retains the position of dominant liquid staking platform on Aptos.
2. Ditto
- TVL: $2.3 million
- 7-Day Change: -4%
- 1-Month Change: +140%
- Notes: While Ditto is a distant second to Tortuga, it has also seen a significant rise in TVL along with the increase in the value of $APT.
Lending
1. Abel Finance
- TVL: $1.8 million
- 7-Day Change: +56%
- 1-Month Change: +57,899%
- Notes: Abel Finance, which is forked from Compound, is a relatively new entrant that has seen tremendous growth in TVL in the second half of January, both in terms of USD and $APT.
2. Aries Markets
- TVL: $1.4 million
- 7-Day Change: +39%
- 1-Month Change: +122%
- Notes: The TVL of Aries Markets has risen steadily since the debut of Aptos in terms of USD. However, in terms of $APT, the lending platform’s TVL crested around the beginning of 2023, although it has steadied somewhat in the past two weeks.
What is Aptos:
Aptos is a new, independent project focused on delivering the safest and most production-ready Layer 1 blockchain in the world. The team includes the original creators, researchers, designers, and builders of Diem, the blockchain that was first built to serve this purpose.
Where to find Aptos Labs:
Website | Twitter | Telegram | Medium | Discord |
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
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Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Patrick
Patrick
Originally from Texas, Patrick is based in the Cayman Islands. He has a diverse background in journalism. He holds bags mostly in stablecoins.
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PancakeSwap v3 Announced For End of Quarter 1 2023
January 31, 2023
The latest announcement from the world’s largest DEX sets up a big Q1 with more multichain growth on the way.
PancakeSwap v3 Launching in Q1 2023
PancakeSwap has announced that its version 3 tokenomics will be launched by the end of Quarter 1 in 2023. The largest Decentralized Exchange (DEX) in Web3 looks set for some major upgrades to begin the year.
During an exciting AMA session on January 31 which discussed several of the multichain updates being cooked up by the PancakeSwap Chefs, Chef Bun gave the notable news regarding the v3 update. The v3 update is expected to improve the trading and liquidity experience for users. PancakeSwap is also looking for ecosystem partners to collaborate in the v3 launch.
🐰 Thank you everyone for joining the #PancakeAMA
Key highlights:
– v3 launch by the end of Q1
– Market maker integration on Ethereum PCS (soon)
– Expanding to more chains
– Aptos IFO (very soon)
and much moreFor those who missed the AMA, the recap will be posted by this week
— PancakeSwap 🥞 #Multichain (@PancakeSwap) January 31, 2023
The PancakeSwap Chefs also indicated that more multichain growth is on the way. There will be upcoming IFOs on Aptos as well as a new Market Maker integration to Ethereum.
The over 900 listeners were also greeted with news from Chef Mochi, who confirmed that the team will look to expand to at least one or two more chains in 2023. This would make PancakeSwap accessible on up to five chains! The team is currently fielding suggestions on Twitter for which chains. Could a preferred chain get Ratio’d?
The PancakeSwap team did not record the AMA and will be providing a summary in the near future.
What is PancakeSwap:
PancakeSwap is a Decentralized Exchange built on BNB Chain and available multichain on Ethereum and Aptos. It offers users various features such as Liquidity Pools (LPs), swapping, yield farming, Syrup Pools, an Automated Market Maker, Initial Farm Offerings (IFOs), an NFT profile system, and other tools. In addition, the protocol helps users make the most out of their crypto assets by trading, earning through yield farming, and winning via lottery, prediction, and NFT collectibles. With the highest trading volumes in the market, PancakeSwap is the leading DEX on BNB Chain.
Where to find PancakeSwap:
Website | Twitter | Medium | GitHub |
Disclaimer: This is a paid Ask Me Anything (AMA), BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement AMA for $2000 Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the AMA.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Don’t forget to download the BSC News mobile application on iOS and Android to keep up with all the latest news for BNB Chain and crypto.
Follow us on Twitter and Instagram!
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Author
Kyle Heise
Kyle Heise
Born and raised in the East Bay of California. He has studied and worked on three continents and lived in seven countries. He holds bags mostly in ETH and stablecoins.
Blockchain News
Pi Chain Mall Updates Users on Pi-Snake GameFi
January 31, 2023
The Bounty mode is under development and will soon be launched for Pioneers. The feature will allow users to earn Pi each time they battle with other opponents.
Pi-Snake Drop Update on Bounty Mode
Pi Chain Mall (PCM) has released an update on its PlayToEarn (P2E) game, Pi-Snake. The protocol is finally set to launch the “Bounty Mode” feature for users soon.
In January, PCM launched the combative GameFi with three game modes in the Beta phase: Endless, Limited-time, and Bounty Mode. However, only the Endless mode is live in the Beta phase, but PCM’s latest update on Twitter disclosed that the development team is working on the Bounty mode.
1/3
Pi Snake AnnouncementThe bounty mode of Pi-snake is under development. In the bounty mode, pioneers can kill opponents to earn Pi.
Pioneers can train your skills in the free mode. Skins will be given out every week, and there is also a chance to get pi-snake x pipet NFT. pic.twitter.com/wUEJ6RXU7u
— PiChain International (@pichainmall) January 31, 2023
In the bounty mode, Pioneers can kill their opponents and earn Pi. When PCM rolls out the feature, the team will give out new skins weekly to players. Further, there will be a chance to obtain Pi-Snake and PiPet NFT. PiPet is an NFT platform on PCM.
To participate in the Bounty mode battle, users need to use pi to buy a bounty scroll. In the battle, you can get a bounty scroll fragment every time you kill an opponent. Users can also combine the bounty scroll fragments to form a bounty scroll. Further, the bounty scroll can be converted to $Pi.
“In the item backpack, two bounty scroll fragments can be combined into a bounty scroll, and the bounty scroll can continue to participate in the bounty mode battle. It can also be withdrawn as Pi to the user’s main network wallet,” PCM’s tweet read.
BSC News will keep updating you about the platform’s development in the industry. Also, we have written a review of Pi-Snake HERE for you to learn more about the game.
What is Pi Network:
Pi Network is a novel cryptocurrency and developer platform that allows mobile users to mine Pi coins without draining the device’s battery. Pi’s blockchain secures economic transactions via a mobile meritocracy system and a full Web 3 experience where community developers can build decentralized applications (Dapps) for millions of users.
Where to find Pi Network:
Website | Twitter | LinkedIn | Facebook | Instagram |
Disclaimer: This is a paid Ask Me Anything (AMA), BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement AMA for $2000 Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the AMA.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Don’t forget to download the BSC News mobile application on iOS and Android to keep up with all the latest news for BNB Chain and crypto.
Follow us on Twitter and Instagram!
If you need tools and strategies regarding safety and crypto education, be sure to check out the Tutorials, cryptonomics explainers, and Trading Tool Kits from BSC News.
Looking for a job in crypto? Check out the CryptoJobsNow listings!
Disclaimer: This article is exclusive BSC News Premium Content. Premium content is viewable without a membership for a limited time. After the limited time period expires, readers will need to either subscribe or hold a BSC News NFT to view Premium Content. Visit the BSC News NFT website, Discord, and Twitter to learn more about becoming a Premium member.
Author
Utulu Hope
Utulu Hope
UC Hope is a passionate fan of crypto who could weave the latest event into sparks of inspiration and information. He leaves no stone unturned to get to the core of a story. Aside from writing, he spends his hours poring over algorithms and protocols, preparing for a future career as a computer programmer. He hodls mostly in Ethereum, BNB, and, Avax.
Blockchain News
Attention to Shiba Inu Heats Up as Shibarium Launch Looms
January 31, 2023
A strong January for the entire Shiba Inu community so far! See what the highlights from this month!
Shiba Inu Transactions Increase Before Shibarium
The Shiba Inu community is taking action following recent news from the team that the Shibarium Layer-2 Public Beta Testnet is imminent.
Key highlights from the Shiba Inu community in January:
- Shiba Inu publishes “Introduction to Shibarium” on Jan. 15.
- SHIB token is up 47 % in January, per CoinGecko.
- BONE token – Shabirum native token – is also up 50% in January, per CoinGecko.
- Trading volume for $SHIB is up 50% in January, per CoinMarketCap.
- Over 400% increase in burned tokens via the Shibburn between January 30-31.
- Binance Pay increases reach to over 9,000 merchants globally who accept $SHIB.
- Whale transactions hit over 620 daily tx of $100k or more on Jan. 18, per Into The Block. Also peaked over 100 daily tx again on Jan. 28.
- Reached the top “Trending” spot on CertiK, CoinMarketCap, and more.
- Shiba Inu team invited to SXSW Festival 2023 to showcase Shibarium.
So far, no launch date for the Shibarium Layer-2 Public Beta Testnet, but it’s clear that Shiba Inu is attracting attention in the January bull-run.
Shiba Inu has also been trending on several popular coin trackers and resources. The token has been generating enough buzz to trend on CoinMarketCap, CertiK, and more.
What is Shiba Token:
Shiba Token (SHIB) is home to the Shiba Inu Ecosystem, an interconnected family of digital assets and solutions built on the Ethereum blockchain. Its tokens include $SHIB, $LEASH, and $BONE, plus native SHIBOSHIs NFTs. SHIB solutions include SHIB: The Metaverse and the ShibaSwap DEX. SHIB, a world-leading decentralized finance (DeFi) cryptocurrency, has gained popularity among millions of investors worldwide. It has 3.6 million Twitter followers and is frequently ranked as the third most searched project by Google. The Shibarium Layer 2 blockchain enables SHIB to provide increased scalability, security and innovation.
Where to find Shiba Inu:
Website | Twitter | Telegram | Discord |
Disclaimer: This is a paid Ask Me Anything (AMA), BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement AMA for $2000 Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the AMA.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Don’t forget to download the BSC News mobile application on iOS and Android to keep up with all the latest news for BNB Chain and crypto.
Follow us on Twitter and Instagram!
If you need tools and strategies regarding safety and crypto education, be sure to check out the Tutorials, cryptonomics explainers, and Trading Tool Kits from BSC News.
Looking for a job in crypto? Check out the CryptoJobsNow listings!
Disclaimer: This article is exclusive BSC News Premium Content. Premium content is viewable without a membership for a limited time. After the limited time period expires, readers will need to either subscribe or hold a BSC News NFT to view Premium Content. Visit the BSC News NFT website, Discord, and Twitter to learn more about becoming a Premium member.
Author
Kyle Heise
Kyle Heise
Born and raised in the East Bay of California. He has studied and worked on three continents and lived in seven countries. He holds bags mostly in ETH and stablecoins.
BSC News
FEG Token Team Celebrates DeFi Project’s 2nd Birthday
January 31, 2023
Happy birthday, FEG Token! Team members marked the second anniversary of the BNB Chain and Ethereum DeFi project’s launch. Cheers!
Happy Birthday, Gorillas!
The crypto sector can be a cruel mistress, so every year that a Web3 project survives is cause for celebration. Accordingly, the FEG Token team took a few moments to recognize the second anniversary of the launch of the project (formerly called Feed Every Gorilla).
Like the entire crypto sector, FEG has seen its fair share of blistering heights — particularly peaking in Spring 2021 and Fall 2022 — as well as frustrating lows as the project churns through the current bear market.
Big things could be on the horizon, as the project’s much-anticipated Smart DeFi 2.0 product is set to launch in the first quarter of the year.
What is FEG Token:
FEG explains the main idea behind its token is to provide a decentralized transaction network that operates on the Ethereum blockchain and the BNB Chain. A hyper-deflationary token, FEG has a maximum circulating supply of 100 quadrillion on both the aforementioned chains, including an inaccessible burn wallet. A 2% transaction tax is distributed among all holders based on the percentage of ownership, including the burn wallet, which acts as a holder that collects tokens over a period in which transactions occur. The team is keen to stress that there is no burn limit, and with this being the case, users will get to enjoy a “never-ending cycle of passive income with positive price pressure.”
Where to find FEG:
Website | Twitter | Medium | Whitepaper | Instagram | Telegram | Reddit | Discord | Youtube |
Disclaimer: This is a paid Ask Me Anything (AMA), BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement AMA for $2000 Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the AMA.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Don’t forget to download the BSC News mobile application on iOS and Android to keep up with all the latest news for BNB Chain and crypto.
Follow us on Twitter and Instagram!
If you need tools and strategies regarding safety and crypto education, be sure to check out the Tutorials, cryptonomics explainers, and Trading Tool Kits from BSC News.
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Disclaimer: This article is exclusive BSC News Premium Content. Premium content is viewable without a membership for a limited time. After the limited time period expires, readers will need to either subscribe or hold a BSC News NFT to view Premium Content. Visit the BSC News NFT website, Discord, and Twitter to learn more about becoming a Premium member.
Author
Patrick
Patrick
Originally from Texas, Patrick is based in the Cayman Islands. He has a diverse background in journalism. He holds bags mostly in stablecoins.
BSC News
Rich Quack Tops Most Viewed Rankings on CoinMarketCap
January 31, 2023
Rich Quack is as popular as ever! The BNB Chain memecoin $QUACK now sits atop the rankings for most viewed cryptocurrencies on CoinMarketCap.
$QUACK Most Viewed Token in 24 Hours
Rich Quack is flexing its massive popularity again, as the BNB Chain memecoin has become the most viewed token on CoinMarketCap in the past 24 hours.
In doing so, $QUACK beat out cryptocurrencies with far more massive market caps, including Bitcoin, Shiba Inu, Ethereum and Solana.
As the memecoin’s faithful know, though, Rich Quack isn’t a flash in the pan. The token also ranks number five for CoinMarketCap views in the past week, and number four for views in the past 30 days.
What is Rich Quack:
Rich Quack is a community-driven project which was founded to give the best returns for the community effort of its investors. The platform’s utility includes a decentralized multi-chain launchpad, raffles, and lotteries for holders of the QUACK token.
The platform’s QUACK token is hyper-deflationary and rewards long-term holders with a portion of the transaction tax and early access to IDOs.
Where to find Rich Quack:
Website | Twitter | Telegram | Discord
Disclaimer: This is a paid Ask Me Anything (AMA), BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement AMA for $2000 Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the AMA.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Don’t forget to download the BSC News mobile application on iOS and Android to keep up with all the latest news for BNB Chain and crypto.
Follow us on Twitter and Instagram!
If you need tools and strategies regarding safety and crypto education, be sure to check out the Tutorials, cryptonomics explainers, and Trading Tool Kits from BSC News.
Looking for a job in crypto? Check out the CryptoJobsNow listings!
Disclaimer: This article is exclusive BSC News Premium Content. Premium content is viewable without a membership for a limited time. After the limited time period expires, readers will need to either subscribe or hold a BSC News NFT to view Premium Content. Visit the BSC News NFT website, Discord, and Twitter to learn more about becoming a Premium member.
Author
Patrick
Patrick
Originally from Texas, Patrick is based in the Cayman Islands. He has a diverse background in journalism. He holds bags mostly in stablecoins.
