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“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.

Trading volume on DEXs rose to $133.1 billion in March, the third straight monthly increase, according to DefiLlama.

After releasing a Bitcoin NFT marketplace in March, the company is expanding its resources for creators to securely mint their inscriptions before selling to collectors.

A new 45-page report detailing accounting failures at the failed crypto exchange says that at one point employees were instructed by an unnamed higher-up to “come up with some numbers? Idk.”

The roots of an hour-long surge were difficult to pinpoint, according to one analyst, but investors have recently been more optimistic about the crypto’s prospects following last month’s banking crisis.

The exploiter paid back Aave users’ USDT debts on its v1 markets, making the total USDT borrowed stand at zero.

The DEX, however, has been unable to maintain elevated periods of trading volumes in the past, CCData noted.

The exchange will close all of its customers' open derivatives positions by April 21.

ALSO: In his latest Money Reimagined column, CoinDesk Chief Content Officer Michael Casey ties the recent political and regulatory backlash toward the crypto industry to the alleged misdeeds of disgraced FTX CEO Sam Bankman-Fried. Will the current climate drive digital-asset innovation and leadership away from the U.S.?

Among the positions available are digital pound security architect and digital pound solutions architect.