DappRadar: Dapps industry grew almost 10% in May

According to the latest report from DappRadar, the decentralised apps (dapps) industry is picking up pace.

This May, the industry saw an almost 10 percent increase in daily unique active wallets (dUAW), averaging an impressive 1,967,051 dUAW.

Key sectors, like gaming and decentralised finance (DeFi), continued to exhibit promising signs of growth and stability—further asserting the importance of this thriving industry.

The gaming sector continued its reign as...

5 June 2023 | Altcoins

BNB Chain flags 191 crypto projects as high-risk in ‘red alarm’ list

Danger

BNB Chain, the blockchain network of crypto exchange Binance, has updated its red alarm list with 191 new projects and decentralised applications (DApps) it considers to be high-risk.

The red alarm list is updated every Friday, warning users of projects and DApps on the blockchain that the developers consider to be risky investments.

Judgements are made based on an assessment of each project or DApps’ smart contract.

BNB Chain said that the 191 new projects...

17 April 2023 | Blockchain Applications

Jump Crypto finds infinite token vulnerability on Binance BNB Chain

Web3 infrastructure firm Jump Crypto has alerted Binance to a vulnerability in the BNB Beacon Chain that would have allowed for an infinite mint of tokens.

The issue was reported privately to the BNB team on 8 February and patched within 24 hours, according to a blog post from 10 February. The post said that, if exploited, the vulnerability could have led to a “large loss of funds”.

The vulnerability would have allowed for an attacker to make a malicious transfer,...

13 February 2023 | Altcoins