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Decentralized exchange Sushiswap (SUSHI) has introduced a new tokenomics model for sustainable growth and efficiency that the community is now discussing. Launched in August 2020, SUSHI is a decentralized finance protocol on Ethereum (ETH) that allows cryptocurrencies to be traded through liquidity pools without a central authority. The SUSHI community is evaluating
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At the recent Future Innovation Summit event held in Dubai, Cryptox moderated a panel titled “Stablecoins, Central Bank Digital Currencies and Cross-Border Payments” to explore if CBDCs and stablecoins can coexist and how this would be possible. The panel included Jorge Carrasco, the managing director of FTI Consulting; Nikita Sachdev, the
Read MoreDogecoin Lead Developer, Mishaboar has expressed his doubts about a possible move to a Proof of Stake (PoS) blockchain consensus. The developer
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The crypto sector is “generally negative and worried when it comes to CBDCs, especially around privacy,” said Arry Yu, co-chair of the U.S. Blockchain Coalition, one of the participants in the roundtable discussions who chose to speak on the record. (The session, which drew 135 participants, was conducted under the
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Wismerhill said there are “zero similitudes between” Rook, a project whose product development has been stagnant for months, and Aragon, which is actively building and also has mechanisms to return value to its token holders. “Aragon is only interesting because they could do buybacks” of ANT tokens, he said. Original Source
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“For now, due to conservative operations, the DGP still has plenty of funds to continue operating without needing a top-up from the community. As of this writing, the program has ~$2,700,000, which consists of ~$2,170,000 worth of DYDX and ~$530,000 worth of USDC,” developers said. Original Source
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The lawsuit, announced last week, is the first to be brought against members of a DAO by the CFTC, and could have wide-ranging consequences for DAO regulation in the future. Charges were also filed and settled against a blockchain protocol, bZeroX – which the CFTC claims operated the same service
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Among a rich range of anxieties both for the crypto industry and the global economy at large, the summer of 2022 will be remembered as the time when the stablecoins proved themselves to be not so stable and thus came into the focus of regulators’ attention. The shock of the TerraUSD
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The Brazilian Congress failed to address a proposed cryptocurrency bill this week. While the proposed public policy was indeed on the agenda, the deputy chamber focused on discussing bills that tend to other issues, including health and digital education problems. The digital currency bill is scheduled to be discussed again
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The decentralized finance (DeFi) ecosystem continues to struggle with the ongoing market volatility and after-effects of the Terra ecosystem collapse. Over the past week, major DeFi protocols showed signs of increased trading activity, with Uniswap breaching the $1 trillion trading volume mark.Terra remained the focus of most of the discussions
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