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CAKE's streak of higher highs and troughs plateaued in its high liquidity region. The crypto's funding rates unveiled an increased bearish edge over the past day.
The well-known cryptocurrency exchange FTX crashing caused a sudden bloodbath on satoshi street. As a result, the Bitcoin and Ethereum price are down 10-15%, and the major altcoin is painted in heavy red.
In a “white hack” attack, Pgala (pegged gala) tokens worth $4.3 million were taken ethically by the creators of pNetwork, an independent cross-chain bridge technology used to transfer assets across various chains. On-chain analysis by security company BlockSec detected a "misconfiguration" in the token's smart contract today, which led to the discovery of the attack.
The developers of a pNetwork carried out a 'white hat' attack and drained $4.3 million in pegged gala tokens from PancakeSwap exchange. The post Developers of pNetwork bridge drain $4.3 million from PancakeSwap in ‘white hat' attack appeared first on The Block.
The deal has finally been finalized by the DAO of the #1 DEX on the Binance blockchain
CAKE's recent bearish pull propelled a rising wedge breakdown. The crypto's open interest unveiled a slight bearish edge over the past 24 hours.
The Uniswap (UNI) price has broken out from a descending resistance line and could be in the initial stages of a long-term upward movement. Conversely, the PancakeSwap (CAKE) price shows weakness and is expected to break down from its ascending support line.
Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), the two most valued cryptocurrencies in the world, traded lower on Tuesday ahead of the US Federal Reserve meeting. Dogecoin (CRYPTO: DOGE), meanwhile, recorded sharp gains on Tuesday after Elon Musk disclosed that he is the Chief Executive Officer of post-merger company after Twitter deal, according to a filing made with the U.S.
Analysis of the price and the CAKE ecosystem
PancakeSwap CAKE price is at crucial crossroads despite closing at a higher note for the last 5 days. The post PancakeSwap CAKE Price Needs This Catalyst to Surge Above $5 appeared first on BeInCrypto.
The PancakeSwap team stated on 10 October that they had submitted a proposal for the deployment of the Decentralized Exchange (DEX) on the recently created Aptos blockchain. On 21 October, voting officially started.
Decentralized exchange Pancakeswap has passed a governance proposal for deploying it on the newly launched blockchain, Aptos. The post Pancakeswap approves DEX launch on Aptos via governance vote appeared first on The Block.
PancakeSwap secured the #3 rank in terms of trading volume according to Coingecko on 23 October. However, the DEX may still have a long way to get to the top.
On 20 October, the team behind PancakeSwap, one of the top Decentralized Exchanges (DEXs), announced their plans to deploy on a new blockchain. The group put up a proposal for the community to vote on starting on 21 October, in order to deploy on the newly formed Aptos blockchain.
Developers of the decentralized exchange, PancakeSwap, on October 20, proposed its deployment to the Aptos blockchain due to the chain's innovative and technical capabilities.
Developers cite business development opportunities, protocol expansion, and the technical capabilities of the Aptos chain as main reasons for the proposal.
PancakeSwap [CAKE] made it into the headlines again as it was among the top cryptos on the BNB chain in terms of social mentions on Twitter.
PancakeSwap's (CAKE) token which is based on the Binance Smart Chain (BSC), has had a solid week climbing as high as 7% amid a turbulent crypto market, leaving traders and investors to speculate whether it can challenge resistance once again at $4.90 and potentially break above $5.
BNB Chain's popular decentralized exchange PancakeSwap is looking at expanding to Aptos, just weeks after it extended to Ethereum. The post PancakeSwap eyes Aptos following Ethereum integration appeared first on The Block.
Uniswap (UNI), PancakeSwap (CAKE), and SushiSwap (SUSHI) prices appear to be gaining bullish momentum. The post Uniswap, PancakeSwap, and SushiSwap Price Prediction: Bullish Breakout Underway appeared first on BeInCrypto.
Decentralized exchanges are attracting more attention lately. Uniswap (UNI) and PancakeSwap (CAKE) remain investors' top two choices regarding DEX platforms due to their ease of use. Are DEX native tokens worth your money? Let's find out. Before we jump in, The Hideaways (HDWY) is our analyst's top pick for the best cryptocurrency of 2023.
A bit of CAKE was recently taken off the menu but was it enough to cause a scramble for the remaining amount? PancakeSwap announced that it recently burned slightly over 6.8 million CAKE, slightly lowering the circulating supply.
Crypto price today Oct 16th: The crypto market shows several cryptocurrencies painted green today as the traders' sentiment has calmed down from the high CPI data. By press time, the global cryptocurrency market cap is trading at $915.55 billion, whereas the total trading volume wavers at $58.48 billion.
