Cryptocurrency Analysis and News Portal
Decentralized exchange SushiSwap was on April 9 hacked for more than $3.3m. It follows a bug in the approval system of the exchange’s RouterProcessor2 contract on Ethereum. The exploit led to the loss of more than 1,800 ethereum (ETH). Following the hack, SushiSwap’s Head Chef, Jared Grey, is advising affected users
Read More
The hype around DeFi protocols has driven a lot of excitement and investment over the last few months. DigiToads (TOADS) could set a new course for the crypto market. The question remains: will it impact the market more than SushiSwap (SUSHI)? SushiSwap’s subpoena Earlier this week, The United States Securities and Exchanges Commission (SEC)
Read More
In the case of SushiSwap and the Sei Network, the benefit for both firms is quite clear and besides growing its influence, the former will use the partnership to generate a new revenue stream for the protocol.The Decentralized Exchange (DEX) platform, SushiSwap (SUSHI) is expanding its footprint in the blockchain
Read More
While the DeFi market has continued to mirror the crypto market rally, more innovations have been introduced to the ecosystem. In today’s news, SushiSwap, the sixth-largest decentralized exchange (DEX) by 24 hours trading volume, has passed a proposal to relocate 100% of its trading fees to the SushiSwap treasury for
Read More
According to a governance proposal passed on Jan. 23, decentralized exchange (DEX) SushiSwap will soon redirect 100% of trading fees on the platform to its treasury for operations and maintenance for one year's duration. The move came after CEO Jared Grey warned that the exchange "only has 1.5 years of
Read More
On December 7, Jared Grey, the CEO and “Head Chef” of SushiSwap, suggested that the DEX is burning through cash like there is no tomorrow. According to the forum post made by Grey, the DEX has, more or less, a year and a half in headroom which resulted in the exchange
Read More
Jared Grey, CEO of the decentralized exchange Sushiswap, has plans to redesign the tokenomics of the SUSHI token, according to a proposal introduced on Dec. 30 in the Sushi's forum.As part of the new proposed tokenomics model, time-lock tiers will be introduced for emission-based rewards, as well as a token
Read More
According to a new Twitter post by SushiSwap CEO Jared Grey, the decentralized exchange, or DEX, experienced a $30 million loss in the past 12 months on incentives for liquidity providers, or LPs. As explained by Grey, SushiSwap currently employs a token-based emission strategy to incentivize LPs, but the current
Read More
Place/Date: - December 9th, 2022 at 4:51 am UTC · 4 min read Source: Snowfall Protocol The cryptocurrency market is known for being highly volatile. Coins are always gaining immense value and then dropping in price almost overnight. With such drastic changes
Read More
Traders and investors in SushiSwap face a unique conundrum as optimistic and bearish signals battle for control of the market. The recent
Read More