Turkey Blocks PancakeSwap in Latest Crypto Crackdown
In a bold regulatory move, Turkish authorities have blocked access to PancakeSwap, one of the world’s leading decentralized exchanges (DEXs). This action is part of a growing effort by Turkey to tighten control over cryptocurrency platforms, especially those operating without official oversight or licensing. The block was implemented by Turkey’s financial regulatory agency, which cited […]
PancakeSwap Announces v4 Update After Reaching $836B Trading Volume
After four years, PancakeSwap has achieved $836 billion in cumulative trading volume and a total value locked (TVL) of approximately $1.72 billion. PancakeSwap, a decentralized exchange, has reported a cumulative trading volume of $836 billion and a total value locked (TVL) of approximately $1.72 billion over four years. According to DefiLlama, PancakeSwap’s total value locked […]
Unverified Contract Account Drains $1.4M from CUT Token Pools
On September 10, blockchain security platform Certik reported an attacker drained over $1.4M worth of Bows Coin Synthetic US Dollar (BSC-USD) from a liquidity pool that held CUT tokens The CUT token contract depended on a distinct, unverified contract to establish its “future yield” parameter. This contract was utilized to drain the BSC-USD using an […]
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 […]
PancakeSwap Integrates Zyfi for Gas-Free DeFi Transactions
PancakeSwap recently integrated with Zyfi on zkSync Era, bringing gas-free deFitransactions and improving user experience. After integrating gas-free deFi transactions, decentralized exchange (DEX) users can access gasless transactions on specific token pairs. Transaction fees will be supported by other decentralized finance (DeFi) protocols like PancakeSwap or zkSync. Gasless transactions can increase DeFi’s acceptance by bringing […]