“We believe it is time to take this model to the next level and supercharge CAKE towards a deflationary model based on real yield and CAKE burn,†a blog post said.
ArkotNews
M11 Credit Resumes Crypto Lending on Maple Finance After FTX-Spurred Pause
The firm introduced an upgraded credit underwriting process and appointed a new head of credit. The developments came after M11 Credit suffered $36 million of loan defaults on lending protocol Maple Finance following FTX’s November collapse.
NFT Collective Proof Launches New Moonbirds Collection With Beeple, Other Artists
The "Moonbirds: Diamond Exhibition" collection is available exclusively to holders that reached "Diamond Nest" status by staking their NFTs.
Arbitrum Foundation Offers Crypto Governance Concessions After ARB Holder Uproar
The Arbitrum Foundation has pledged not to move 700 million ARB tokens until the DAO passes a budget for handling the controversial sum.
Bitcoin’s 'Store-of-Value' Narrative Is Real but Not a Price Mover
Longer-term narratives matter, argues Noelle Acheson, but they don’t set the price. That is set by short-term sentiment, which is both contagious and fickle.
Trump Drops Second Series of Digital Trading Card Collection
Earlier this month, the floor price on the original Trump NFT collection jumped after the news of his indictment, but the new Series 2 release has sent the first collection’s price downward.
Crypto-Focused Menai Financial Group Shuttering Market-Making Business in London and Tokyo
The firm said it continues to invest in and expand its asset-management business.
If Crypto OGs Are Being Hacked, Where Does That Leave the Rest of Us?
Highly skilled crypto users have reportedly lost an estimated $10 million in stolen funds since December, MyCrypto founder Taylor Monahan said.
Etherscan Reconfigures Blockchain Explorer Settings to Filter Out Potential Scams
Zero-token value transfers will no longer be visible by default as a way of preventing “address poisoning†hacks.
EU Consultation Warns on Risk of Big Players Becoming Metaverse Gatekeepers
The European Commission raised the risks to privacy, openness, cybersecurity and equality in online virtual worlds.