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Ledger Nano X - The secure hardware wallet
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BNB, CAKE Plummet Following SEC Crackdown on Binance

5 June 2023
in Blockchain
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BNB, CAKE Plummet Following SEC Crackdown on Binance
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CAKE, the token that powers PancakeSwap, the BNB Chain alternative of decentralized exchanges like Uniswap and SushiSwap, is used for liquidity mining rewards and grants holders governance rights over the protocol. The total value locked on Pancake Swap stands at $1.81 billion, a roughly 9% decrease in the past seven days, per DeFi Llama.

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