CRYPTOCURRENCY
NCA Targets Russian Money Laundering Networks in Major Operation
The UK’s National Crime Agency disrupts a major Russian money laundering network, leading to 84 arrests and the seizure of over 20 million Euros in cash and cryptocurrency.
Former CFTC Chair Giancarlo Joins Paxos Board Amid Expansion Efforts
J. Christopher Giancarlo, former CFTC chair and crypto advocate, joins Paxos board as the company expands its digital asset offerings and regulatory oversight.
Wormhole Launches Native USDT Transfers Across Multiple Blockchains
Wormhole introduces native USDT transfers on Ethereum, Arbitrum, Base, Optimism, Polygon, BNB Chain, and Avalanche, leveraging Uniswap v3 and PancakeSwap pools.
SFC Issues Warnings Against Tokencan, VBIT Exchange, and HKD.com for Fraud and Unlicensed Activities
The SFC has issued warnings about Tokencan, VBIT Exchange, and HKD.com Corporation for suspected virtual asset-related fraud and unlicensed activities.
PancakeSwap (CAKE) Launches V4 with $500,000 Developer Program to Enhance DeFi Ecosystem
PancakeSwap V4 debuts with a substantial $3M CAKE token airdrop, introducing innovative features and significant gas cost reductions for its users.
Bank of Spain Chooses Adhara, Cecabank, and Abanca to Test CBDC
Banco de España, Cecabank, Abanca, and Adhara Blockchain are launching a pilot program to explore the use of a wholesale Central Bank Digital Currency, aiming to simulate interbank payments.
PancakeSwap's CAKE Token Skyrockets by Over 50%
PancakeSwap's CAKE token experienced a 50% surge in a week, thanks to strategic token burn and a new supply cap proposal, marking a significant DeFi milestone.
Arbitrum DAO Approves Additional Funding for STIP Proposals
Arbitrum Decentralized Autonomous Organization approves $23.4 million budget increase for STIP, supporting emerging builders and creating welcoming environment for new projects, raising total budget to 71.4 million ARB tokens.
Floki Enters the Tokenization Arena with TokenFi Launch
Floki announces the launch of TokenFi, a platform designed to simplify the tokenization process in the expanding tokenization industry, projected to hit $16 trillion by 2030. The platform, backed by significant partnerships and with a strategic plan to ensure a smooth launch, reveals a larger roadmap set for October 27, 2023, with trading beginning at 3 PM UTC. The strategic moves include partnerships with DWF Labs and World Table Tennis, aligning with the industry's growth trajectory.
PancakeSwap Launches V3 with Lower Fees and Enhanced Capital Efficiency
PancakeSwap has launched version 3 of its automated market maker platform, featuring lower fees and enhanced capital efficiency. Liquidity providers can now select custom price ranges, allowing specific control over capital investments, and the release also includes four new trading fee tiers. The platform serves over 1.5 million unique users and has more upcoming features in development.