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CRYPTO NEWS IN BRIEF
by cityam
Pancake To Serve Up New Recipe Next Month
POPULAR multichain decentralised exchange PancakeSwap has revealed it will be launching ‘PancakeSwap V3’, at the start of April. The upgrade will serve up a full menu of new features, including improved liquidity provisioning, competitive trading fees, trading incentives, and an enhanced yield farming experience.
PancakeSwap has been one of the most celebrated DeFi projects in the industry, with more than $438 billion in total trading volume and in excess of $2.5 billion in total liquidity locked.
Coinbase And Galaxy Make Silvergate Stance
INDUSTRY leviathans Coinbase and Galaxy Digital have ditched Silvergate Capital as their banking partner over concerns about the lender’s future. Eyebrows were raised at Silvergate’s most recent filings which appeared to question its ability to remain a viable business. The collapse of the FTX exchange triggered concern among investors – a ripple effect now showing up in the deterioration of the California-based lender’s capital position. Silvergate shares halved in value as bosses revealed they were working on keeping the crypto-reliant business afloat, saying they were “evaluating the impact that these subsequent events have on its ability to continue as a going concern for the 12 months following the issuance of its financial statements”.
Spring Awakening
line to select repayment options.
It could be the last chance for those caught up in the world's first major crypto scandal to recuperate some losses - losses that, in many of their minds, could have gone on to create great fortunes. Had they kept hold of their Bitcoin with Mt. Gox until 2021 it would have increased in value by more than a thousand times.
