⚡️ Crypto News Digest: Key Updates You Need to Know
The current report features updates of Lends, Sleepless AI, Nakamoto Games, PancakeSwap, Blast, Moonriver, Binance, Osmosis, Telcoin, zkLink, Cryptorank, AIT Protocol, and 5ire Chain.
⚡️ PancakeSwap (CAKE) burns another $34M worth of CAKE tokens (10.1M)
PancakeSwap, a multichain DEX, has conducted the burn of 10.1M $CAKE tokens ($34M). Through the burn, the $CAKE percentage change for the trading fees (AMM V2), and Trading fees (AMM V3) pools reached -29% and -23% respectively. The previous $CAKE burning event occurred earlier this month, on December 4th, removing 8.8M tokens (~3.7% of circulation supply).
⚡️ Lends announces its upcoming IDO on the Ape Terminal platform
$LENDS token public sale will take place on the Ape Terminal platform. Listing FDV is 12.5M, more sale details will be coming soon. Lends is a fixed-rate P2P lending protocol that uses order books to offer fixed-term loans to known counterparties, powered by Thorchain and supported by Fomocraft Ventures, Oriole Ventures, Autonomy Capital, Cogitent Ventures, and others.
⚡️ Coin of the day by social activity - Binance ($BNB )
BNB is a cryptocurrency that can be used to trade and pay fees on the Binance crypto exchange. BNB is also the coin that powers the BNB Chain ecosystem.
Let's take a look at the top 10 social-fi dApps, based on the total amount of incoming value to dapp's smart contracts over the past 30 days. Data from Dappradar.
⚡ Binance announces the 42nd project on the Binance Launchpool – Sleepless AI (AI)
Users will be able to stake their BNB, FDUSD, and TUSD into separate pools to farm $AI tokens over seven days, with farming starting from December 28th. Binance will then list AI on January 4th, at 10:00 UTC, and open trading with AI/BTC, AI/USDT, AI/BNB, AI/FDUSD, AI/TUSD, and AI/TRY trading pairs. Sleepless Al is an Al blockchain-based virtual companion game utilizing AIGC and LLMs to create rich story-based gameplay and organically evolving interactions with characters.
🔸 Total Token Supply: 1,000,000,000 AI 🔸 Launchpool Token Rewards: 70,000,000 AI 🔸 Initial Circulating Supply: 130,000,000 AI
⚡ Crypto News Digest: Key Updates You Need to Know
The current report features updates of AIT Protocol, Ispolink, zkSync Era, AIOZ Network, Grapes, Injective, Justin Sun, Itheum, Curve, BarnBridge, Ta-da, and Binance.
Let's take a look at the ranking of top centralized exchanges by weekly visits. Weekly visits to the website (not including mobile app) based on data from SimilarWeb and CoinmarketCap.
⚡️ Top AI-powered Projects by Price Performance in Q4 2023
Over this year, the AI narrative has gained a lot of momentum in the crypto industry. Let's take a look at the best-performing AI-powered projects in 2023.
⚡️Grapes kicks off the $GRAPE buyback to advance initiatives in the ecosystem
Grapes launches the $GRAPE buyback event, as part of the ongoing commitment to expanding the network of $GRAPE. During the festive period, all revenues from Grapes' highest-grossing game, Deckheads will be used to buy back $GRAPE from the open market and further advance initiatives in the ecosystem. The event is scheduled to end in early January.
Grapes is an NFT collection of 3,333 NFTs, launched with the support of Animoca Brands and designed as a cross-media project with gaming, animated series, and merchandise.
⚡️ AIT Protocol will kick off the $AIT staking season on December 25th
AIT Protocol launches its staking season in the early access today, on December 25th, at 14:00 UTC. Users will be able to access an exclusive pool with a limited capacity of 4M $AIT, 60% APR, and 28 days pool period. AIT Protocol is an AI data infrastructure project incubated by PAAL AI and Metabros, and backed by Morningstar Ventures, Momentum 6, Maven Capital, Megala Ventures, and others.