The Ape Staking Program on Binance NFT is so popular that Bored Ape Yacht Club and Mutant Ape Yacht Club holders can now only stake three NFTs apiece.
Binance NFT has limited the number of Ape NFTs that users can stake, citing high demand. Now, users can stake a maximum of three Bored Ape Yacht Club and Mutant Ape Yacht Club Non-Fungible Tokens (NFTs).
Ape Staking Update ⚠️
Due to high demand, each new staking user is now limited to staking 3 Ape NFTs in the Ape NFT Staking Program.
Once staking limit is reached, you’ll see the error message:
"Staking Failed: Please note that you have exceeded the maximum staking limit.”
Holders of BAYC and MAYC (and in the future, Bored Ape Kennel Club) can stake their valuable and popular NFTs via the Binance NFT Ape NFT Staking Program to earn rewards in ApeCoin.
As evidence of the staking program’s popularity, APRs on NFT staking have dropped from an initially advertised 199% to “only” 35% for BAYC and 42% for MAYC.
Binance NFT is Binance’s NFT arm that consists of a marketplace, a platform for initial game offering (IGO), and mystery NFT boxes on BNB Chain.
With the relevance of NFT projects on BNB Chain, Binance NFT has become increasingly more popular for NFT collectors
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Pi Contributors can boost their mining capacity while improving protocol security– and they do it together!
The Pi Network community lets users and Pioneers wear multiple hats to help make up the different roles in the network. Four roles are available to Pioneers: miners, validators, contributors, and ambassadors.
Validators, contributors, and ambassadors each afford the ability to earn more Pi through growing your network. Every Pioneer can begin as a miner, and the next step after starting to mine is to take on another role and diversify your ability to mine Pi. As a contributor, users can help contribute to the security improvement of the Pi Network while mining Pi at a higher rate.
Pioneers can become contributors after three days of mining Pi and completing three mining sessions. Once complete, an automatic icon should appear in your Pi Dapp on the Roles pages.
To become a contributor, users must invite 3-5 members to join their security circle. Pioneers combine and overlap into security circles, increasing the overall trust graph of Pi Network.
The more connections users add to their circle, the more Pi they can mine. The stronger the Pioneers, the stronger the mining power as well.
Users can invite users by meeting them through the Pi social network opportunities like the chat and the various Dapps available in the Pi Browser. Users can also grow their contributor network by inviting trusted friends through the ambassador network. The ambassador network will also help boost mining capabilities, compounding a user’s opportunity to mine and earn Pi.
Building the Trust Graph across Pi Network will help grow the interconnected security system supporting the Pi Mainnet. Together, Pioneers can diversify and strengthen the overall Pi security, boosting the Pi experience.
Pi Network is a mobile blockchain mining project on a mission to give everyone access to the cryptocurrency revolution. The project was founded by a team of Stanford University Ph.D. candidates who designed a mobile-friendly blockchain mining algorithm.
Pi Network has evolved over the years and has organized a hackathon, built a couple of working Pi blockchain apps, and is now in the final stages of transition to public mainnet.
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Polygon can now benefit from the infrastructure speed offered by NodeReal to tap into other EVM chains.
NodeReal has announced fully integrated Archive Node and RPC Node support to the Polygon blockchain network.
The latest integration was announced in a tweet on December 21 where the NodeReal team beckoned the Polygon community to come build bigger and better. NodeReal’s products provide fast access to API services like HTTPS and WebSockets for projects to connect with EVM-compatible networks like BNB Chain.
✨ NodeReal Archive Node Fully Support #Polygon ✨
It is time to upgrade your experience building on @0xPolygonwith with #MegaNode.
We provide both #RPCNode and #ArchiveNode services to make your building easier.
🥳 Free to Start https://t.co/Z4RaaKiEBy pic.twitter.com/2Kt2zHraMD
NodeReal continues to provide top-of-the-line infrastructure products to several blockchains. The project also recently collaborated with PancakeSwap on a new GraphQL interface to allow developers to query the PancakeSwap information in one place.
NodeReal describes itself as a one-stop infrastructure and solution provider that embraces the high-speed blockchain era. It provides scalable, reliable, and efficient blockchain solutions for everyone, aiming to support the massive adoption, growth, and long-term success of the Web3 ecosystem.
Through its native Semita blockchain service suite, developers can easily set up their blockchain infrastructure and ecosystem through BAS. Already, the blockchain platform has given rise to the GAL Chain Testnet, powered by BAS. FNCY, a blockchain powerhouse for games and entertainment, is the latest to utilize its service.
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Beta users can try out the new tool for free and earn rewards in $HKLS.
DeFi security provider, Hackless, is introducing a new tool which helps fight sandwich attacks on BNB Chain and Ethereum. The solution allows making safer swaps by avoiding public mempools and directly submitting transactions to miners.
With the rapid development of decentralized exchanges and an ever-growing number of hacks, it has become clear that security is something that needs to be improved immediately. While in traditional finance, this has always been the responsibility of businesses, in DeFi, users can and should also contribute.
Hackless has been designing security solutions, both for DeFi projects and developers, as well as individual users, to protect them from targeted exploits, which include sandwich attacks.
Explorers started to perform sandwich attacks not so long ago, yet it has become a very common and profitable front-and-back-running strategy. As published in a TarLogic’s report, between May 2020 and April 2022, a total of 457,691 sandwich attacks were detected with an average ROI above 4%.
When we look closer at this type of attack, we will see that if played smartly, the execution of just two transactions can bring an exploiter quite a significant profit. To do this, attackers usually monitor mempools in search of high-value transactions that can be potentially sandwiched. Once detected, the attacker creates a buy transaction for the same token before the transaction of a user to pump the asset price. This results in a user buying an asset at a higher price. Right after the transaction of a user has been executed, an attacker sells their coins, pocketing the difference in price.
If you wish to swap assets on BNB Chain without the risk of getting sandwiched and losing money, consider checking out Anti-Sandwich by Hackless. Not only does it provide a free tool that makes transactions invisible to hackers since they do not appear in public mempools, it also offers a very straightforward interface and intuitive experience even for beginners. All you need to do is to connect your Metamask wallet, select the BNB Chain network and a token that you wish to swap and sign the transaction. Once signed, it will be automatically submitted to private miners.
Anti-Sandwich by Hackless is the best fit for blockchain projects that care about their user’s product experience. The solution has already proved effective for a play-to-earn platform which has integrated the Hackless customized widget for their users.
The Anti-Sandwich widget offers a few advantages for DeFi projects:
Without any doubt, beta users will get the most out of being early birds. Not only will they have a chance to try out the service free of charge, but also participate in the dedicated airdrop activity via Gleam.
The 2021 ETHLisbon Hackathon winner, Hackless, has been designing a comprehensive security platform which aims to protect the DeFi world from targeted exploits, as well as safely migrate funds from individual wallets and protocols under attack. So far, it has helped to save nearly $500,000 for compromised businesses and individual clients.
To learn more about Hackless and how it can boost DeFi security, visit the project’s site, and make sure to join the community on Discord and Telegram.
The Helium Foundation broke down key points from a Solana Transition AMA in a Twitter thread, including about governance protocols and staking.
The upcoming migration of the Helium ecosystem to the Solana blockchain obviously has fundamental implications for the Internet of Things (IoT) telecom platform and community.
The Helium Foundation broke down key points from a recent Transition AMA in a Twitter thread.
How @Helium token holders propose changes and make decisions for the network—will be getting a behind-the-scenes upgrade when @Helium migrates onto @Solana, ~Q1 2023.
The Transition AMA last week covered governance, wallets, veHNT, and more. Recap below.🧵👇
The AMA covered a range of topics relevant to the transition, including the status of development, governance protocols, and migration of tokens and Hotspots.
The next Solana Transition AMA is set for January.
According to CoinMarketCap, Helium (HNT) is a decentralized blockchain-powered network for the Internet of Things (IoT) devices. Launched in July 2019, the Helium mainnet allows low-powered wireless devices to communicate with each other and send data across its network of nodes. Nodes come in the form of so-called Hotspots, a combination of a wireless gateway and a blockchain mining device. Users who operate nodes thus mine and earn rewards in Helium’s native cryptocurrency token, HNT. Helium aims to prepare IoT communication for the future, identifying inadequacies in current infrastructure from its birth in 2013.
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Since its founding in 2018, CertiK has become the gold standard for blockchain auditing and crypto project KYC. Keeping your funds safe from rug pull!
In the four years since CertiK launched in December 2018, the blockchain security firm has become synonymous with blockchain auditing and rug-pull prevention in the crypto space.
In a Twitter post celebrating the occasion as CertiK begins its fifth year in existence, the company said it has audited more than 3,700 projects and protected $360 billion of assets.
Today #CertiK celebrates 5 years 🎂
Since 12/21/18 from a team size of 7 to today with a team size of nearly 300 📈
We've audited over 3700+ projects & protected $360B of assets 🔐
Join us on this journey 👇 and the many more to come as we continue to Secure the #Web3 World! pic.twitter.com/pL6yVMoXDZ
In response to a Twitter critic, CertiK said only one CertiK KYC’ed project went on to rug-pull investors.
ONE CertiK KYC'ed project has rug pulled and you can see our response in our blog 👇
While audits can highlight vulnerabilities that make rugpull's easier, it is not a KYC. Which is why we highly encourage users/communities to request a KYC from CertiK https://t.co/neOcRXxp75
Read more about CertiK in our BSC News Project Insight.
CertiK is a blockchain security firm that helps projects identify and eliminate security vulnerabilities in blockchains, smart contracts, and Web3 applications using its services, products, and cybersecurity techniques.
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Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
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Buy Crypto with a bank transfer, credit or debit card, P2P exchange, and more. Not investment advice. All trading risk. Terms apply.
