PancakeSwap’s Monumental Token Burn
TL;DR Token Burn: PancakeSwap has destroyed 9.2 million CAKE tokens, worth over $27 million, to reinforce the token’s deflationary mechanism and respond to the increasing demand...
Category : News
LATEST NEWS ABOUT CRYPTOCURRENCIES
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Collaboration between Nubit and Polyhedra: Boosting Efficiency in the Bitcoin Ecosystem
TL;DR Nubit partners with Polyhedra Network to improve data availability on the Bitcoin network. The collaboration seeks to implement availability testing solutions and improve interoperability...
Omni Network (OMNI) Joins Binance Launchpool
TL;DR Omni Network (OMNI) joins Binance Launchpool as the 52nd project. Users will be able to earn OMNI by staking BNB and FDUSD in separate...
Uniswap and the SEC: Defense of Blockchain Innovation Amid Regulatory Scrutiny
TL;DR Uniswap receives a Wells notice from the SEC, marking a preliminary step to possible legal action. Uniswap defends blockchain innovation and criticizes the SEC’s...
Grayscale Records Minimal Cash Outflow in GBTC as Bitcoin Nears $70k
TL;DR Grayscale’s GBTC records lowest daily cash outflow at a record $18 million. Intense competition from other Bitcoin ETF issuers. Grayscale works to counter cash...
EigenLayer’s Mainnet Operator: A New Chapter with Google Cloud
TL;DR Google Cloud has launched its EigenLayer Mainnet node operator, a significant development for the restaking protocol and its ecosystem. This follows Google Cloud’s previous...
SushiSwap: The Battle for Treasury Control
TL;DR SushiSwap’s Governance Controversy: The DeFi platform SushiSwap is in the midst of a heated debate over a proposal that could lead to the main...
Union Labs and Lava Network Launch $100,000 Incentivized RPC Campaign to Boost Blockchain Interoperability
TL;DR Union Labs teams up with Lava to launch a $100,000 incentivized RPC campaign. Lava will provide fast, robust and decentralized access to Union. The...
Ritual and Polychain Capital Join Forces to Promote the Decentralization of Artificial Intelligence
TL;DR The convergence between artificial intelligence (AI) and cryptocurrencies is gaining interest in the industry. Polychain Capital invested a multimillion-dollar sum in Ritual, in a...
CryptoQuant’s Ki Young Ju Raises Concerns Over Ethena Labs’ BTC Move
TL;DR Ethena Labs’ Strategic Decision: Ethena Labs has decided to use Bitcoin (BTC) as collateral for its synthetic dollar-pegged product, USDe, to increase the product’s...