PancakeSwap, a popular decentralized exchange, recently burned over 9 million $CAKE tokens, destroying $19 million worth of tokens and reducing their circulating supply.
ZoeyThe Federal Reserve continued its battle against inflation by raising its benchmark interest rate to the highest level in 15 years.
OthersSam Reynolds writes that Asia is ready for a scaled up, crypto-friendly bank, particularly if the U.S. oversteps in regulating the industry following the recent FTX debacle.
CoindeskThe Fed raised raising interest rates by another three-fourths of a percentage point and pushing borrowing costs to the highest level since the Great Recession.
OthersThe U.S. Fed rate hike mission this year has dealt a heavy blow on Bitcoin, ethereum, other major cryptocurrencies.
BitcoinistThe Fed’s attempts to reel inflation in by increasing interest rates are usually associated with a pullback of investment activity across markets.
CointelegraphCZ is open to implementing the changes regardless of the challenges that a new system would bring, as he said, “Let’s see what the poll say. We listen to our users.”
CointelegraphBrian Shroder, CEO of Binance.US said the zero-trading fees would generate positive user sentiment and said there are plans to expand the list of tokens that will offer zero-fee trading in the future.
CointelegraphAs Bitcoin mining operations require more high degree of electricity than any other consumers, County Public Utility District (PUD) Commissioners ...
BitcoinistThe May Federal Open Market Committee policy meeting concluded with the largest single rate hike in over two decades.
Cointelegraph