Keep up with what's happening in the crypto world in real-time.
All Filters (1)
Recently, Binance has established a $500 million fund to help the Web3 economy and cryptocurrency start-ups in general. On Monday, Binance Labs, the world's largest crypto exchange's venture capital and investment arm, made a strategic investment in PancakeSwap.
Binance has invested in Pancake Swap's utility token.
Binace Labs has announced a strategic investment in PancakeSwap's governance and utility token CAKE.
The price of PancakeSwap's native token, the CAKE, has jumped after Binance's venture arm, the Binance Labs, purchased CAKE tokens as an investment. Although even after today's rally CAKE is still way down from its all-time high of $43.96 that it had set last year on April 30, the move by Binance Labs proves that […] The post PancakeSwap (CAKE) price up 8% after Binance's venture capital purchased CAKE token appeared first on Invezz.
Binance Labs, the investment and incubation arm of leading crypto exchange Binance, announced Monday that it has made a strategic investment in leading BNB Chain-based decentralized exchange PancakeSwap. The investment comes a few days after Binance Labs secured $500 million in funding to support blockchain and web3 ecosystems.
CAKE soared by 9% as Binance Labs reveals a strategic investment in PancakeSwap.
Binance Labs, the venture capital and incubation arm of Binance (CRYPTO: BNB), has made an investment in PancakeSwap, a decentralized exchange built on BNB Chain. The investment is aimed at facilitating the next wave of global blockchain adoption by providing technology development, marketing and community support, and enterprise solutions for Web3 transformation.
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.
Coinspeaker Binance Labs Makes Strategic Investment in PancakeSwap
PancakeSwap's CAKE token has jumped in price after Binance Labs announced it had bought an undisclosed amount of the governance token. The post PancakeSwap (CAKE) price rises 9% as Binance Labs purchases tokens appeared first on The Block.
Binance Labs, the venture capital and investment arm of the world's largest crypto exchange, announced a strategic investment into PancakeSwap on Monday. According to the official statement released by the company, the capital was deployed into CAKE, the governance and utility token for the protocol.
You can click on this news section to read its content. It seems somehow there is no meta tag description available for this news article.
The world's largest crypto exchange Binance on Monday said its venture arm Binance Labs has made a strategic investment in PancakeSwap's governance and utility token CAKE. Binance Labs envisions leading the next wave of global blockchain adoption by providing technology development, marketing and community support, and Web3 solutions.
Despite the rally, CAKE is still 36% below the $7.46 level from a month ago on the back of a challenging May for the crypto markets.
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
The last few weeks have been quite turbulent for the crypto market, with investors re-thinking their choices and being extra-cautious about putting their money into crypto projects. Despite this situation, a few projects still show much promise for growth and success.
Ever since the Decentralized finance sector took off in 2020, there have been countless opportunities for investors to make idle assets work for them. Regardless of market conditions, one can always generate passive rewards through yield farming strategies.
PRESS RELEASE. There are more than 300 crypto-exchanges nowadays, almost all of them offer the same mediocre features that are identical to the leading exchanges such as Binance. MemeBank is not a lazy copy of the successors but an ambitious project that aims to drive revolutionary changes. According to its official announcement, MemeBank($MBK) will soon […]
May has been a brutal month for cryptocurrency and markets across the board. It has left many investors searching for ways to fortify their portfolios and boost their yields.
So, you were hoping to see some tasty gains after scooping up some CAKE at its recent lows. Now you are wondering whether you made the right choice after it failed to cook up noteworthy gains.
When you consider that over 18,000 cryptocurrencies are already in circulation with more projects nearing the listing stages, it can be overwhelming to keep track of tokens, and to discover the ones that will surge for you to enjoy capital appreciation. Chronoly.io is an innovative token with the mission of overtaking Binance (BNB) and PancakeSwap (CAKE).
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
Pancake Swap (CAKE) maintains a competent hold on the leaderboard of project built on the Binance Smart Chain (BCS). Meanwhile, Kucoin Token (KCS) has raised around $150 million with a $10 billion valuation for the next step in the Web 3.0 world. Chronoly (CRNO) is attracting top-grade investors from every field and has gained remarkable …
A curious rebound of the famous DEX token on BNB Chain, possibly due to the implosion of Terra
