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The PancakeSwap community proposes to reduce the supply of CAKE tokens by 300 million pieces
The team behind the DEX platform PancakeSwap has announced their intention to reduce the supply of CAKE tokens from 750 million to 450 million.This decision has been made in order to strengthen the deflationary growth model and enhance the value of the PancakeSwap token ...
Crypto exchange Uphold will close trading of ten altcoins to Canadian users
Cryptocurrency exchange Uphold made an announcement to its Canadian users regarding the delisting of ten cryptocurrencies in order to comply with the regulations set by the Ontario Securities Commission. Uphold sent a letter to its Canadian users, notifying them of the ...
Ripple President Monica Long predicted the future of the crypto industry in 2024
Monica Long, President of Ripple, shared her predictions for the future of the cryptocurrency industry, including the prospects for DeFi projects and blockchain.In her forecast, Long stated that the cryptocurrency market will no longer be seen as speculative in a negati ...
Norges Bank has begun the final stage of testing digital currency
The Norwegian Central Bank (Norges Bank, NB) recently revealed that it is in the final stages of testing its own digital currency. Once the testing phase is complete, the NB will make a decision on whether to officially launch the digital currency. Over the past couple ...
Study: Over 80% of Institutional Investors Support Cryptocurrencies
A recent survey conducted by Sygnum has revealed that over 80% of institutional investors acknowledge the significant role played by cryptocurrencies in the global financial industry. These investors also recognize the rapidly changing economic landscape brought about by these d ...
The SEC has delayed decisions on the launch of two Ethereum ETFs until May 2024.
The U.S. Securities and Exchange Commission (SEC) has announced a delay in their ruling on two Ethereum ETF applications, the Hashdex Nasdaq Ethereum ETF and the Grayscale Ethereum Futures ETF, until May 2024. The Hashdex Nasdaq Ethereum ETF offers a combination of inve ...
Circle will launch a euro-pegged stablecoin on the Solana blockchain
Circle, the creator of the second-largest stablecoin USDC by market capitalization, has revealed its plans to introduce a stable cryptocurrency EURC, which will be pegged to the euro, on the Solana blockchain. Circle has chosen to utilize the Solana blockchain due to it ...
Serving Decentralized Data Storage: Filecoin Review and Prospects
Web3, the decentralized solutions concept, encompasses various innovative projects. One such project is Filecoin, which offers decentralized secure storage on a peer-to-peer network. However, given the recent update, what can we expect from the future of this project? Disc ...
James Seyffarth: “Ether is not a security – we have a guarantee from the SEC”
In a surprising turn of events, a Bloomberg Intelligence analyst has argued that the US Securities and Exchange Commission (SEC) has effectively confirmed that ether is not a security. James Seyffart pointed out that while the SEC has taken legal action against numerous cryptocu ...
Survey: 76% of users believe in financial equality through cryptocurrencies
As indicated by an investigation led by the world's biggest crypto trade, Binance, most clients accept that they can improve their monetary circumstance by acquiring extra pay from digital forms of money. The examination was led from November 15, 2023 to December 6, 202 ...