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Ethereum World News 2022-06-06 10:50:02

Binance Venture Capital Arm Injects Cash Into PancakeSwap’s Utility Token

Summary: The company said it is a strategic investment in the decentralized exchange. Binance Labs has not disclosed the specific amount deployed into $CAKE. PancakeSwap currently champions the adoption of Binance Smart Chain per data. The DEX also has the largest total value locked in Binance’s ecosystem. Binance recently announced a $500 Million fund earmarked to support the broader Web3 economy and crypto start-ups. Binance Labs, the venture capital and investment arm of the world’s largest crypto exchange, announced a […]

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