Tag: Binance Smart Chain

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Binance Labs leads $1.6M seed round in DeFi startup MOUND, the developer of Pancake Bunny

Decentralized finance startup MOUND, known for its yield farming aggregator Pancake Bunny, has raised $1.6 million in seed funding led by Binance Labs. Other participants included IDEO CoLab, SparkLabs Korea and Handshake co-founder Andrew Lee. Built on Binance Smart Chain, a blockchain for developing high-performance DeFi apps, MOUND says Pancake Bunny now has more than…
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13 April 2021 0

Messari researchers slam Binance Smart Chain over centralized validators

Despite Binance supporters celebrating Binance Coin’s (BNB) chart-topping performance for Q1 2021, concerns are growing regarding the centralization of the Binance ecosystem. On April 12, Messari researcher Ryan Watkins took aim at the centralization of Binance Smart Chain’s validators, stating: “Every cycle people get hoodwinked by the latest centralized solution to all blockchains problems.” “Every…
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12 April 2021 0

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