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news-imageJune 6, 2022

Binance Announces Investment in PancakeSwap's CAKE Tokens

Binance Labs, the venture capital and incubation arm of Binance, has made an investment in PancakeSwap's utility and governance token ‘CAKE' for an undisclosed amount. CoinGecko data reports that as a result of the investment, CAKE's price soared nearly 10% in the past 24 hours and is currently trading at $4.78.
Publisher: Cryptoknowmics
Sentiment: Positive
CAKE

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Positive
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September 2, 2024

PancakeSwap burns CAKE tokens worth $15m

PancakeSwap has seen the price of its native token rise slightly after the multi-chain decentralized exchange announced it had burned more than 9 million of the tokens. The price of PancakeSwap (CAKE) rose by about 2.3% following the announcement.

Positive
cover-imageCrypto Economy
August 6, 2024

PancakeSwap Launches New Platform for DeFi Quests

TL;DR PancakeSwap has launched the beta version of its Quest platform, designed to simplify interaction with quests in the DeFi ecosystem. Quest unifies the management of its campaigns and those of its partners, addressing fragmentation in the DeFi ecosystem.

Positive
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June 27, 2024

PancakeSwap Unveils AI-Powered Ether Prediction Market on Arbitrum with Allora

PancakeSwap has launched an AI-powered Prediction Market on Arbitrum, allowing users to forecast Ether price fluctuations with data supplied by Allora Networks machine-learning capabilities. PancakeSwap Teams Up with Allora to Launch AI-Driven Ether Prediction Market on Arbitrum PancakeSwaps AI-powered market now enables Arbitrum users to forecast Ether price fluctuations, utilizing Alloras machine-learning data to ensure precision.

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