CAKE price surged over 30% in the past month as traders are increasingly incentivized to buy and hold CAKE in order to qualify for real-time fee discounts enabled by the recently integrated trustless hooks on PancakSwap Infinity. PancakeSwap (CAKE) has seen 30% jump in the past month, currently trading at $2.67. The surge is likely…
How to build a 1B TPS blockchain without decentralization, security, or shame | Opinion
Once a top protocol on BNB Chain, Alpaca Finance will discontinue leveraged yield farming, stablecoin services, and its perpetual exchange by December. Alpaca Finance, a decentralized finance project known for leveraged yield farming on BNB Chain, is shutting down after four years — and while the team says it’s the “most responsible” move for the…
Over 12 suspects, including minors, have been taken into custody by French police in connection with recent crypto-related kidnapping cases in Paris. A report from local media claims that the arrests were carried out on the morning of 27 May by the Brigade de Répression du Banditisme (BRB), France’s specialised anti-gang unit. The suspects, including…
Blockchain.com appears to be betting on Africa’s crypto future, where regulations could transform a once-restrictive market. Crypto wallet and exchange platform Blockchain.com is reportedly looking to grow in Africa as some countries begin introducing regulations for digital assets, Bloomberg reports. According to Owenize Odia, Blockchain.com’s general manager for Africa operations, the company is focusing on…
QNT is showing early signs of a bullish reversal, with a potential inverse head and shoulders pattern forming on the chart. According to data from crypto.news, Quant (QNT) jumped over 10% in the past 24 hours, reaching an intraday high of $106.67 on the morning of May 27. This move pushed its market cap to…
Solana co-founder Raj Gokal’s personal information was leaked on a series of Instagram posts uploaded on U.S. hip-hop group Migos’ Instagram page in an apparent hack. On May 27, an Instagram account belonging to American rap trio, Migos, was reportedly compromised by hackers who gained access to Gokal’s personal information and used it to dox…
Former U.S. Commodity Futures Trading Commission Chairman Christopher Giancarlo has joined Swiss crypto bank Sygnum as a senior policy advisor. Giancarlo, who led the CFTC from 2017 to 2019, will be advising Sygnum on global regulatory developments and strategic partnerships, the company said in a May 27 announcement. His appointment comes as institutional interest in…
Bitlayer has taken a major step toward real-world adoption of Bitcoin-native decentralized finance by partnering with three of the world’s largest Bitcoin mining pools. According to an announcement made on Bitlayer’s official X account on May 27, the company has partnered with Bitcoin (BTC) mining pools Antpool, F2Pool, and SpiderPool. Together, the three mining pools…
The Blockchain Group, a Paris-listed decentralized technology development company, has completed a €63.3 million convertible bond issuance to add more Bitcoin to its treasury. In a May 26 announcement, the firm confirmed that the issuance was carried out through its wholly-owned Luxembourg subsidiary, The Blockchain Group Luxembourg SA. The operation will enable the company to…
