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Coinbase has added the native altcoin of the top decentralized exchange (DEX) to its listing roadmap. Coinbase’s customers may soon be able to trade PancakeSwap (CAKE), the native asset of PancakeSwap, a DEX originally built on the BNB Chain. PancakeSwap has expanded to multiple blockchains and now leads all decentralized exchanges in trading volume, recording $228.03 billion in the past 30 days compared to Uniswap’s (UNI) $95.706 billion, according to DeFi Llama. PancakeSwap also recently set its monthly record with $173 billion in trading volume in May. The roadmap addition, announced on Wednesday, has not boosted CAKE’s price: The 116th-ranked crypto asset is trading at $2.25 at time of writing and is down more than 7% in the past 24 hours and nearly 11% in the past seven days. Being added to Coinbase’s listing roadmap means that the top US crypto exchange is considering rolling trading support for the asset in the near future. The roadmap w...

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Michael Saylor’s company, Strategy (formerly MicroStrategy), has acquired an additional 6,556 bitcoins for approximately $555.8 million between 14 and 20 April 2025. This purchase brings the company’s total bitcoin holdings to 538,200 BTC, acquired at an average price of $67,766 per coin. Funding the Acquisition The latest acquisition was financed through the company’s at-the-market (ATM) stock offering programs. Strategy sold 1.76 million shares of its Class A common stock, raising $547.7 million, and over 91,000 shares of its 8.00% Series A perpetual preferred stock (STRK), generating an additional $7.8 million. $MSTR has acquired 6,556 BTC for ~$555.8 million at ~$84,785 per bitcoin and has achieved BTC Yield of 12.1% YTD 2025. As of 4/20/2025, @Strategy holds 538,200 $BTC acquired for ~$36.47 billion at ~$67,766 per bitcoin. https://t.co/YxUq6mHzca — Michael Saylor (@saylor) April 21, 2025 Following the announcement, bitcoin...

Can DeFi Solve Global Remittance Issues?! Global remittances play a vital role in supporting economies, particularly in developing countries where many rely on funds sent from overseas workers. However, traditional remittance systems are plagued by inefficiencies, including high fees, slow transaction speeds, and limited accessibility, especially for the unbanked. Decentralized Finance (DeFi) offers a new approach to addressing these pain points, leveraging blockchain technology to provide faster, cheaper, and more inclusive solutions. But can DeFi truly solve the global remittance problem? The Traditional Remittance System’s Shortcomings The current remittance landscape, dominated by legacy players like Western Union and MoneyGram, is characterized by high transaction fees that can range between 5% to 10% of the amount being sent. Additionally, transactions can take days to process, especially when crossing multiple borders. These inefficiencies disproportionately affect low-income in...