PancakeSwap Continues to Dial-In Deflationary Mechanisms, Burning 80M USD in CAKE PancakeSwap announced that they have burned over $80 million USD worth of CAKE in last week’s token burn. The news was announced through a PancakeSwap Twitter post on July 12th and has the PancakeSwap community ecstatic. The transaction hash shows PancakeSwap has burned 5,368,165 […]
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While most digital currency markets are down in value, a token called axie infinity, the native coin tethered to the blockchain-based trading and battle game of the same title, has reached new price highs jumping to $21.55 on Tuesday. The Axie Infinity platform has seen massive demand in recent days, and other tokens from the […]
What is Cryptocurrency? Cryptocurrencies work using a technology called a blockchain. Blockchain is a decentralized technology spread across many computers that manage and record transactions. Part of the appeal of this technology is its security. A cryptocurrency is a form of : ● Digital cash or Virtual currency ● Secured by cryptography ● It’s impossible […]
Synthetix hits one-month high as SNX rallies 25% ahead of layer 2 exchange launch The SNX/USD exchange reached $13.76 on Monday for the first time since June 3. Synthetix (SNX) prices reached a one-month high on Monday as traders looked for alternative upside bets against a mixed cryptocurrency market. Bids for SNX/USD achieved an intraday […]
Axie Infinity Sets ATH As Ethereum-based NFT Game Goes Viral It is a very good day to be an Axie Infinity fan or investor. Axie Infinity’s AXS token rose by 45% overnight, hitting an all-time high price of $18.34. Axie Infinity is a Pokémon-inspired open-world game on Windows, Mac, iOS and Android, where players […]