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Global asset behemoth BlackRock has added four major U.S. banks as authorized participants (APs) to the iShares Bitcoin Trust (IBIT) as the fund continues to attract billions of dollars from traditional retail and institutional investors.

This action is a deflationary strategy to cut supply and possibly boost remaining token values. The burned CAKE tokens came from multiple sources, showcasing the platform's varied value generation.

After the massive pullback during the previous day's trade, the crypto markets are consolidating and trying to accumulate strength. In due course, most of the tokens have been painted green but some are close to achieving a milestone.

New PancakeSwap upgrade introduces hooks, lower gas costs, and custom pools, aiming to enhance DeFi trading experience.

The DeFi landscape is witnessing a monumental shift with the introduction of PancakeSwap v4, marking a significant evolution from its humble beginnings as an Automated Market Maker (AMM) model. Since its launch in 2020, PancakeSwap has rapidly ascended to become a leading multichain Decentralized Exchange (DEX), showcasing a remarkable suite of DeFi products.

PancakeSwap v4 introduces custom pools and lowers gas costs.

Decentralized exchange PancakeSwap has presented details of the long-awaited v4 codebase.

PancakeSwap has rolled out version 4 (v4), marking a major upgrade for its decentralized exchange operating on both Ethereum and BNB Chain. This update tackles challenges encountered in previous versions, focusing on enhancing flexibility, functionality, and community-driven development.

TL;DR PancakeSwap introduces version 4 of its platform, with significant improvements to the functionality and flexibility of the decentralized exchange. The new version includes features such as hooks for custom functions, custom pool types, and gas cost optimization. A $500,000 developer program is launched to foster innovation and collaboration in the DeFi developer community.

PancakeSwap, a leading decentralized exchange (DEX), has announced the launch of PancakeSwap v4, marking a significant advancement in the world of Automated Market Makers (AMMs). This latest iteration, set to operate on both the Ethereum and Binance Smart Chain (BNB Chain), represents a notable milestone in the platform's evolution.

PancakeSwap has announced its much-anticipated version 4. This new iteration, PancakeSwap v4, marks a significant advancement, promising enhanced flexibility, functionality, and efficiency.

PancakeSwap released a new version of its code, which it plans to launch on BNB and Ethereum in Q3.

The CAKE token has added significant valuation to its portfolio over the past month, indicating a rise in investor's interest in it. Further, the Decentralized Finance (DeFi) tokens have recorded significant volatility since the month started, highlighting a market interest switch.

DEX PancakeSwap V4, launching in Q3, addresses AMM shortcomings and introduces four efficiency-boosting features.

The platform is adding four features designed to make trading faster, cheaper and more customized.

PancakeSwap V4 debuts with a substantial $3M CAKE token airdrop, introducing innovative features and significant gas cost reductions for its users.

TL;DR PancakeSwap V4 Launch: PancakeSwap has launched its V4 version, marked by a $3 million CAKE airdrop campaign to incentivize both existing users and newcomers to explore the enhanced platform. Technological Improvements: The new version introduces a unified contract structure for pools, leading to substantial gas savings and a more streamlined trading process.

Decentralised Exchange (DEX) tokens were among the best performers on Saturday. Uniswap (UNI) token soared by more than 70% while dYdX, Synthetix (SNX), PancakeSwap (CAKE), and THORChain (RUNE) soared by more than 30%. DeFi tokens like AAVE and Lido DAO were among the best performers.

Story Highlights The live price of the CAKE token is . PancakeSwap price can go as high as $5.38 by the end of 2024. CAKE with a potential surge could go as high as $13.89 by the end of 2030. The ever-evolving crypto space is home to a host of promising and competent projects.

Decentralized exchange (DEX) PancakeSwap on Friday launched an "Affiliates" program aimed at extending its reach across new blockchains, directly benefiting CAKE (CRYPTO: CAKE) token holders with native DEX tokens from these collaborations. What Happened: The program is designed to officially support third-party DeFi teams in deploying PancakeSwap's core contracts on new chains where PancakeSwap currently lacks presence.

TL;DR PancakeSwap is developing an affiliate model to expand its reach and diversify opportunities within DeFi. Developers will be able to fork PancakeSwap's code to launch versions on other blockchains, thus expanding access to its functionality. CAKE token holders will directly benefit from the success of affiliated forks, receiving CAKE in the process.

PancakeSwap's plan to expand through an innovative partnership model called “Affiliates” has sparked excitement in the DeFi community. This development could potentially revolutionize the DeFi space.

PancakeSwap, the decentralized exchange (DEX) platform, has announced its plans to launch an affiliates program aimed at expanding its reach across various blockchains and layer-2 networks. The move is set to provide new opportunities for developers and CAKE token holders alike.

CAKE token holders will benefit from the success of affiliate forks as they will receive native DEX tokens from affiliates, if things go as planned.