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Binance CEO wants more Ethereum-based DeFi projects to join his platform

From cointelegraph.com

Two Bitcoin engineers have discovered several vulnerabilities that could shut down blockchains—two years after they thought they patched the issue. Binance CEO Changpeng Zhao welcomed more Ethereum-based DeFi projects to join the Binance Smart Chain (BSC) platform. In a tweet discussion with another user, Zhao explained that this step would reduce the load on the Ethereum network, which will, in turn, lead to a reduction in Ethereum's gas fees. Zhao later stressed that Binance Smart Chain is not a replacement or competitor to the Ethereum network and that it is compatible with it. Zhao added that Binance Smart Chain ... (full story)

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  • Category: Fundamental Analysis