We’re back! But is the market? 📊This week in the @BSCNews[Letter] from @Kabezo7 📜 we look at EU inflation, more silly comments from CNBC talking heads, and the boys from #3AC are back in town!
Here's the recap 🧵

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1/7 Markets were on the move last week, seemingly selecting bullish macro data📈

💥The bearish Euro Area inflation of 9.2% and hawkish warnings from Mdme. Lagarde were ignored while dovish comments by Fed Waller brought out the bulls, including crypto markets! 😬
2/7

🚨The time has come! The moment is here! We’ll be underaway with Group A for #BattleoftheDapps in just a few minutes!

This round will see @realfevr, @RACA_3, and @staderlabs face off to advance and have a chance at the crown. @realfevr @RACA_3 @staderlabs 📢If you need a refresher on the rules of #BattleOfTheDapps from @BSCNews, check out our article here!

bsc.news/post/what-is-b…

1/7
Catch up on the first week of action from this year across the markets! ⚡This week's newsletter by @Kabezo7 from @BSCNews explores how the market is moving in the New Year and bracing for ETH Shanghai Upgrade in March! 🎇

Get your fixins here! 🍤 2/7

Last week started and ended with a calm optimism 🌊

U.S. Employment data was a dud. But traders were looking for an excuse to rally and found it in the disappointing PMI release.

Bad news is good news, so markets for stocks, bonds and crypto went higher.

In October 2021, @BNBCHAIN introduced a new mechanism called the #Binance Evolution Protocol—BEP-95.

The BEP-95 mechanism burns $BNB token, aiming to add more value and make its tokenomics more dynamic. The question is, how does it work? (1/9) @BNBCHAIN BEP-95 burns transaction fees on #BNBChain. The system collects the gas fees and directs them to two different smart contracts: The “System Reward Contract” and the “ValidatorSet Contract.” (2/9)

On blockchains, you can't create randomness since nodes must agree to form a consensus.

@chainlink developed a random number generator to address this issue using a Verifiable Random Function (VRF).

Let’s dig a little deeper ⬇️🧵 (1/7) @chainlink The Chainlink VRF is a secure Random Number Generator (RNG) used by developers for specific purposes associated with Decentralized Finance.

The secure randomness solution is used by many protocols across #Ethereum, #Polygon, and #BNBChain. (2/7)

Despite the lack of principal authority, cryptocurrency networks can be upgraded.
However, one of two different mechanisms is needed — "hard forks" and "soft forks.”

Before we get carried away, let's clarify what a blockchain fork is: 🧵 (1/9) Let's first explain what a software fork is. Forks occur when software is copied and modified.

The original project will still exist, but separately. The new software usually has a different concept.

Thus… (2/9)

Our cofounders @GoonTrades & @kcryptoinvest will wrap up this week's market rally!

Set a reminder for our jam-packed conversation that will start in 20m at 4:30 PM UTC.

👉

#BSCNews #BSC #DeFi We're live with our Cofounders @GoonTrades & @kcryptoinvest! Come join for the weekly recap!

The BSC News Battle of the Dapps lineup is Here!

🔸 9 Projects
🔸 3 Rounds
🔸 1 winner qualifies to the final each week

Who will be left standing? You be the judge!

Check out each group's contestants and playing dates below!
#Battleofthedapps #BSCNews #BSC Group A

@MOBOX_Official
@DeRaceNFT
@StepHeroNFTs

When: Friday, October 22nd, 6PM UTC Where: BSC News Twitter Spaces
#Battleofthedapps