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Decentralized Exchange Volumes Double Overnight — A Look at the Top 3 Dex Platforms in 2021
30.6.2021
As crypto markets saw some recovery on Tuesday, decentralized finance tokens and applications have once again started swelling in value. Decentralized exchange (dex) trade volumes have increased a great deal, as daily swap volumes stemming from Ethereum-based dex applications have doubled since...
3 reasons why Ethereum may underperform Bitcoin in the short-term
20.6.2021
Ether could take longer than 12 months to regain ground versus Bitcoin due to increased uncertainties surrounding the shift to ETH 2.0 and reservations from institutional investors
Pancakeswap Welcomes Ampleforth to the Syrup Pool
14.6.2021
The users of PancakeSwap are rejoicing in the new offer of Ampleforth, the cryptocurrency and financial block, at the Syrup pool of PancakeSwap. Just like Bitcoin, Ampleforth is uncollateralized and algorithmic, although, unlike Bitcoin, Ampleforth can be employed for the denomination of stable...
Bondly Releases a Syrup Pool on PancakeSwap
10.6.2021
Pancake recently announced adding Bondly’s new Syrup Pool to its swap. Bondly, the well-known transparent, portable, and interoperable swap protocol aim to enhance the standard escrow methods empowering the coming NFT generation. Bondly intends to complete the objective using games, music, anime...
Data Shows BSC Dapps Lost $167 Million Last Month From Flash Loan Attacks
3.6.2021
Binance Smart Chain (BSC) decentralized applications (dapps) have been hit with a number of flash loan attacks in recent weeks. According to collected data by Rekt, during the last 30 days BSC has lost a total of $167 million from these flash loan exploits. Flash Loan Hackers Prey on Binance Smart...
Flash Loan Attacks Drain 2 Binance Smart Chain Defi Projects for $6 Million
25.5.2021
There have been two back-to-back flash loan attacks in a short period of time stemming from two unique Binance Smart Chain decentralized finance (defi) projects. Last Wednesday, the yield-farming platform Pancakebunny lost close to $3 million in a flash loan attack according to reports....
There’s Close to 300,000 Bitcoin-Pegged Tokens Hosted on ETH and BSC, Value Exceeds $12 Billion
19.5.2021
For quite some time now cryptocurrency traders have been leveraging bitcoin-based assets tethered to alternative blockchains. Mid-May statistics show there’s more than 299,000 bitcoin, worth over $12.8 billion today, tied to wrapped or synthetic bitcoin projects hosted on Ethereum or...
PancakeSwap Includes Polkamon on Syrup Pool
17.5.2021
Extending its range of offers, PancakeSwap has announced the inclusion of Syrup Pool in its portfolio. Syrup Pool is NFT from the house of Polkamon, and these animated collectibles can be used with the help of booster packs. There is a total of 21,800 PMON tokens that can be earned by staking CAKE...
Kenya Based Technology Firm Switches to Pancakeswap, Cites High Gas Fees on Uniswap
17.5.2021
In its bid to help users avoid high gas fees on Uniswap, a Kenya-based fintech firm, UTU, recently launched a liquidity pool on the decentralized exchange (dex), Pancakeswap. This launch enables prospective UTU coin buyers to acquire the token “with low fees and fast confirmation...
Democratizing Defi Data- Dechart DAO Launches Version 1.0 Trading Platform
6.5.2021
On May 6, 2021, the total locked value (TVL) held by decentralized finance (defi) is more than $77 billion. Much of this money is used by decentralized exchange (dex) platforms and liquidity pools. With dex platforms capturing over $2 billion in trade volume daily and $18 billion during the last...
Gnosis, Balancer and PancakeSwap breakout as Bitcoin looks for direction
4.5.2021
A series of protocol upgrades and partnership announcements helped to boost GNO, BAL and CAKE even as Bitcoin price searches for support
Top 5 cryptocurrencies to watch this week: BTC, ETH, BNB, XMR, CAKE
25.4.2021
Bitcoin price remains pinned below $50,000 but the drop in BTC dominance could propel ETH, BNB, XMR and CAKE higher over the short term
Weekly Decentralized Exchange Volumes Near $20B, Uniswap Captures Lion’s Share, Pancakeswap Trading Climbs
21.4.2021
On Tuesday, the founder of the decentralized exchange (dex) Uniswap tweeted about the trading platform passing $10 billion in weekly trade volume for the first time. Decentralized trading volumes have grown massively, as dex platforms built on Ethereum have seen more than $18 billion in volume...
PancakeSwap eclipses Ethereum network in 24-hour transactions
21.4.2021
Transactions on the Binance Smart Chain are exploding, with PancakeSwap leading the way
DeFiDrop’s DROPS Token Gets Listed on Pancakeswap
15.4.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
DeFiDrop, a new project that offers a specialized launchpad and incubator for DeFi, recently got its native cryptocurrency, DROPS token, listed on PancakeSwap decentralized exchange.
The project announced...
BSCPAD Launches, Revolutionizing the IDO Model With Over $300 Million Trading Volume
12.4.2021
PRESS RELEASE. The first decentralized IDO platform for the Binance Smart Chain Network launched with a bang. The BSC Launch Pad is currently on Pancakeswap, and will soon be released on several popular cryptocurrency exchanges. BSCPAD is empowering crypto currency projects with the ability...
1inch, Celsius (CEL) and PancakeSwap (CAKE) rally as traders return to DeFi
8.4.2021
Lucrative staking pools and reduced transaction fees are luring DeFi investors to 1inch, Celsius and PancakeSwap
DeFi TVL sets new record as BSC-powered protocols add billions
29.3.2021
Despite many leading Ethereum-powered DeFi protocols posting a weekly loss, the success of Binance Smart Chain is pushing the TVL of decentralized finance into new highs
Uniswap’s daily fee generation tops Bitcoin’s by $1.7 million
29.3.2021
Uniswap is currently the second-ranked crypto platform by daily fee generation after Ethereum
PancakeSwap (CAKE) aims to take a slice out of Uniswap’s DeFi dominance
28.3.2021
PancakeSwap has emerged as one of the top DeFi platforms and its Binance Smart Chain integration makes it a liquidity magnet against competitors like Uniswap and SushiSwap