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DAO of DeFi Protocol PancakeSwap Votes For “Aggressive Reduction” of CAKE Token Inflation

The “version 2.5” tokenomics proposal would move CAKE toward a “deflationary model” by slashing the token rewards paid to traders and stakers by over 68%. The so-called CAKE “emissions” on Syrup Pool, PancakeSwap’s main liquidity pool on BNB Smart Chain, would drop by 94% under the proposal. Source

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Bitget’s Native Token BGB to be Listed on Bitfinex, Driving Liquidity and Accessibility – Sponsored Bitcoin News

sponsored Victoria, Seychelles, April 24, 2023 – Bitget, the largest crypto copy trading platform, announced that its native platform token BGB will be listed on Bitfinex, driving liquidity and accessibility while increasing its value and utility. The supported trading pair is BGB/USDT, and the trading service will be opened at

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OKX staff issues clarification amid ‘shell token’ purchase inquiries

According to a post on Apr. 24, cryptocurrency exchange OKX does not support the buying and selling of "shell tokens" listed on the exchange.The clarification came after OKX staff member Haiteng shared a series of WeChat conversations where an individual allegedly approached OKX staff to purchase "shell tokens," or as

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LUNA token is not a security, rules S.Korean court in Terra co-founder case

A South Korean district court has dismissed charges of security violations against former Terraform Labs CEO and co-founder Hyun-seong Shin. The court deemed LUNA (LUNA) (the native token of the LUNA ecosystem) as non-security under Korea’s Capital Markets Act.The southern district court in Seoul dismissed the prosecution's appeal for confiscating

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