Tag Archives: Binance

Here’s a timeline of FTX’s collapse

Cryptocurrency exchange FTX collapsed this week after a bailout from its rival Binance failed and there appeared to be little chance of receiving additional rescue funding. Sam Bankman-Fried, the company’s chief executive, said he was looking at every possibility for his firm before stepping down.

What is BNB Chain and How is it different from Ethereum?

Binance Chain is a decentralized exchange developed by Binance. It uses the delegated proof-of-stake to provide users with a secure trading platform. Binance Chain was designed to provide Binance’s users with a high-performance blockchain that can quickly handle large volumes of transactions.  What is BNB Chain (BEP-20)? BNB Chain is an independent blockchain that runs parallel toContinue reading “What is BNB Chain and How is it different from Ethereum?”

Will New Tokens be Airdropped to ETH Holders After Ethereum’s Hard Fork?

The Merge is the hottest topic as of late. Now, we answer one of the most common questions – will ETH holders receive new tokens? It’s safe to say that most of the crypto-related conversations are currently centered around the merging of Ethereum from proof-of-work (PoW) to proof-of-stake (PoS). Known as “The Merge,” this eventContinue reading “Will New Tokens be Airdropped to ETH Holders After Ethereum’s Hard Fork?”

The Central African Republic stole the show, but it was a busy month for crypto regulation all over the globe

The Rimo newsletter is created by our experts in collaboration with our partners in the crypto space; Nexo, Unstoppable Domains, FTX, Binance & Crypto.com. Read our latest blogs and reviews of our partners here. Follow us on social media to stay informed on the industry. NEWS Central African Republic Adopts Bitcoin The Central African Republic is nowContinue reading “The Central African Republic stole the show, but it was a busy month for crypto regulation all over the globe”

PancakeSwap, the #1 decentralized exchange in the Binance Smart Chain

This week Rimo will share a review on PancakeSwap, launched in September 2020, it is a decentralized exchange protocol (DEX) built on the Binance Smart Chain (BSC). As of 2021, the platform was the largest automated market maker (AMM) on the BSC network with over USD 6.5 billion in assets at year-end. PancakeSwap facilitates BEP-20Continue reading “PancakeSwap, the #1 decentralized exchange in the Binance Smart Chain”