No compatible source was found for this media.

The cryptos making headlines today

Bitcoin jumped almost 4.5% over the last 24-hours to trade above US$31,000 again this morning, giving investors renewed hopes for a recovery in the crypto market after a sharp sell-off in May.

Binance Labs, the venture capital arm of the world?s largest crypto exchange by trading volume, Binance, has made a strategic investment in decentralised exchange PancakeSwap?s governance and utility token CAKE. Following the announcement, the price of the CAKE token rose more than 10%.

And Yuga Labs, the company behind the Bored Apes NFTs, confirmed the Bored Ape Yacht Club Discord server was hacked on Saturday and the attacker stole 200 ETH worth of NFTs worth US$360,000.