PancakeSwap to Launch AI Portfolio Management Tool
The decentralized crypto exchange PancakeSwap is preparing to launch CupcakeHop, an artificial intelligence (AI)-powered portfolio management tool. The tool, supported by PancakeSwap and developed by Bril Finance, is intended to enhance the administration of decentralized finance (DeFi) investments. CupcakeHop, scheduled to debut in August, is designed to provide real-time risk management and customized investment strategies […]
Nigerian SEC Modifies Digital Assets Rules, Compliance Program
The Nigerian Securities and Exchange Commission (SEC) has modified its regulations regarding Digital Asset Issuance, Offering Platforms, Exchange, and Custody. The SEC disclosed its intentions to revise these indispensable regulations in an official notification to the public. The amendment process aims to improve the regulatory environment by ensuring it is more comprehensive and adaptable to […]
Pyth Partners with Morpho, Gauntlet for DeFi Lending
Pyth Network has partnered with Morpho and Gauntlet, two development teams specializing in decentralized finance (DeFi), to enhance lending and borrowing on Ethereum and Base. The partnership’s objective is to provide lending protocols that are more secure and efficient by utilizing Python’s low-latency price data. Michael Cahill, the co-founder and CEO of Douro Labs, a […]
Binance Integrates Support for Tether on Toncoin Network
Binance cryptocurrency exchange has recently integrated Tether (USDT) support on the Toncoin Network. The move resulted in a surge in TON’s price, which was swiftly reversed. The integration allows users to deposit and withdraw USDT through the Toncoin Network, consistent with Binance’s strategic goal of expanding its multi-chain capabilities. With the successful integration of Tether […]
Singapore’s MLNRA Marks Digital Payment Tokens as High-risk
Singapore’s Money Laundering National Risk Assessment (MLNRA) has flagged digital payment token service providers as a high-risk category in the Anti-Money Laundering (AML) landscape. The comprehensive 126-page report identifies new risk sectors not included in the previous report, published in 2014. These consist of precious stone and metal vendors and DPT service providers. The sector […]