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PancakeSwap Pauses Its Weekly CAKE Burn for a Security Overhaul @PancakeSwap is delaying its weekly automatic buyback and burn of trading fees until Monday, November 16. The delay is to implement necessary infrastructure and contract security improvements. This is due to an increase in hacks in other protocols through smart contract exploitation. Meanwhile, the protocol has stated that there is no security threat to users' wallets, liquidity pools, or trading. They are upgrading the architecture of their fee-routing smart contract to make the system more secure. The $CAKE burns from this week will be carried out during next week's buyback.
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PANDA DIPLOMACY: Americans can now visit pandas Ping Ping and Fu Shuang at Zoo Atlanta, where they had been in quarantine since arriving from China on a “Panda Express” flight in late September. Ping Ping and Fu Shuang are the first pandas from Beijing in the U.S. since a previous pair returned to China two years ago.
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Panic Buying... Of Protection: Thursday Was Biggest Put Day In Cboe History
PancakeSwap’s Flip goes live, giving LPs a bigger cut of fees @PancakeSwap has started the rollout on @RobinhoodCrypto Chain, the first network in line, after holders backed the plan with about 71% of the vote. Liquidity providers in every v3 and Infinity pool there now keep 88% of swap fees, with the other 12% going to the treasury. Nine more chains follow at one per week over roughly three months, while daily $CAKE emissions drop from 22,500 to 11,000. BNB Chain switches last, once PancakeSwap hits its goal of cutting CAKE supply by 20%, expected in about a year. Emissions then fall to 7,000 a day, all going to a growth fund for marketing, partnerships, and new pools.
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Pandemonium In Europe's Skies: Wave Of Bomb Threats Triggers Emergency Landings, Fighter Jet Intercepts
Pantheon Macroeconomics warns stocks must regain momentum and bond spreads must tighten to prevent a weaker labor market in 2027. $SPY $HYG $TLT Tightened financial conditions typically take ~6 months to hit the labor market, driven by Fed rate hikes, AI doubts, and Middle East conflict fears. Flat stock prices since May historically point to a 0.2 percentage point rise in the national unemployment rate. Securities-backed borrowing reached 0.5% of personal income in early 2026, but stock stagnation threatens to reverse those loans. Widening high-yield bond spreads already signal higher joblessness, threatening to push unemployment past 4.5%. It could average 4.5% in 2027 if the Fed tightens further after a December rate hike. Does weak stock performance push unemployment higher in 2027?
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PANASONIC UNIT'S FACTORY IN TAIWAN CATCHES FIRE IN THE EARLY HOURS OF WEDNESDAY.
PancakeSwap’s weekly CAKE burn jumps 27% @PancakeSwap burned 365,000 $CAKE worth about $690K over the past week. The burns outpaced new tokens, for a net 214,000 CAKE removed from supply. Its v2 and v3 trading pools did most of the work, burning 154,000 and 171,000 CAKE, while the newer Infinity pools burned 10,700 CAKE. CAKE trades at $1.87, up 1.4% over the last 24 hours, with about 340 million tokens in total supply against a 400 million supply cap.
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PancakeSwap (@PancakeSwap) runs a lottery where each ticket costs about $5 in $CAKE, with up to 100 tickets per transaction. Buying 100 tickets at once brings a discount of up to 10%, and there is no overall cap on entries.
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