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Flare (FLR), a layer-1 (L1) blockchain data platform, has announced the launch of Flare Fair, a gamified virtual fair designed to showcase the network’s potential in decentralized finance (DeFi), as outlined in the reports sent to Finbold on Friday, February 7   Operating in phases, the fair will continuously present new tasks, themed virtual rides, and decentralized applications (dApps), offering participants a chance to earn rewards such as rFLR emissions, FlareDrops, and high-yield annual percentage rates (APRs).  Users can likewise unlock additional rewards, including rFLR emissions drawn from a 510 million FLR pool, by staking, lending, or supplying liquidity on Flare’s featured platforms. Picks for you 2 no-brainer mid-cap cryptocurrencies to buy in February 34 mins ago ...

DappBay, a web3 dApp store for users on the BNB Chain, has flagged over 100 risky decentralized applications ( dapps ) in its recent update.  BNB Chain shared the findings on X (formerly Twitter). See below. DappBay's Red Alarm identified +100 risky dApps this week! They include: Genesis Universe, AIRDROP HUNTER DeXe DAO Studio, Web3 Pilot, Quick Pay, Silo and Crystal. Check out the entire list here and stay safe!https://t.co/dsAe37Ijnh pic.twitter.com/BFGEYsGinH — BNB Chain (@BNBCHAIN) November 25, 2023 BNB Chain launched DappBay in July 2022, allowing users to discover new web3 projects while being kept abreast of their risk levels in real-time. At the heart of DappBay is its Red Alarm component, a risk screening tool that can help identify possible rug pulls and scam projects by checking logic flaws or fraud risks in smart contracts. This tool regularly updates its list with dapps and smart contracts that have been assessed as scams or deemed to carry an extr...

Chainlink’s oracle network will welcome Coinbase Cloud as a node operator to improve high-quality data provision to a number of blockchain protocols. Coinbase Cloud will leverage its global infrastructure and experience managing blockchain data to bolster the security and reliability of the Chainlink blockchain oracle network . The American cryptocurrency exchange’s cloud service will operate as a new node operator on the Chainlink network in a partnership that is set to improve decentralization of the Web3 ecosystem.  Coinbase Cloud’s infrastructure already services a number of leading blockchains, including Ethereum, Solana, Algorand and Aptos. Chainlink node operators are integral to the network, and responsible for connecting smart contracts on different blockchains to data and systems. Related: Google Cloud broadens Web3 startup program with 11 blockchain firms Chainlink essentially creates a bridge between Web2 and Web3 by sourcing, formatting and transmitting data to smart...