Asalam o alikum dear viewers, today i am here with latest crypto market news and update and bitcoin price prediction.
BNB Chain offers another lifeline to Terra ecosystem projects
Binance’s BNB Chain will offer support to Terra ecosystem projects looking to migrate away from the ailing DeFi protocol.
Binance will welcome migration and offer support to projects from the Terra (LUNA) ecosystem following this month’s unraveling of the decentralized finance (DeFi) platform and its algorithmic stablecoin.
Binance is not the only cryptocurrency firm offering help to beleaguered projects within the Terra ecosystem. Telos also announced support of developers and projects within the Terra ecosystem this week and will work to fast track migrations of decentralized applications, or DApps, that were operating in the Terra ecosystem — including investment, marketing support and technical assistance.
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