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The developer behind popular decentralized exchange SushiSwap has rejected a purported vulnerability reported by a white-hat hacker snooping through their smart contracts.According to media reports, the hacker claimed to have identified a vulnerability that could place more than $1 billion worth of user funds under threats, stating they went public
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SushiSwap (SUSHI) prices crept higher on Sept. 16 following another day of gains for decentralized exchange (DEX) tokens.The SUSHI/USD exchange rate rose by 7.54%, or $1.14, to reach $16.31 for the first time since May 21. The pair's upside move pushed its 24-hour adjusted timeframe profits up to 23%, making
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Just looking at Binance Coin's (BNB) reported market capitalization, one might conclude that the token is the dominant asset when compared to other exchange tokens.Although there is no direct relationship between Binance's exchange volume (or revenue) and token economics, traders seem to use it as a proxy. The controversial burn
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The DeFi exchange SushiSwap would have joined the many projects that lost millions to the dubious activities of online hackers. For instance, Poly network lost $600 million in a similar hack one week ago. The good news is that the miscreants have returned many of the assets. It could have been
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The SushiSwap decentralized exchange has narrowly avoided becoming the latest DeFi hack victim thanks to assistance from a white hat hacker.A security researcher from venture capital firm Paradigm known on Twitter as “samczsun” has managed to save SushiSwap and its MISO platform from a potential loss of as much as
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The chief technology officer of the SushiSwap decentralized exchange has revealed why the protocol is no longer keen to scale using layer two solutions from Optimistic Ethereum.The layer two solutions provider OΞ whitelisted several projects last year including Uniswap and Synthetix, granting them preferential access to its platform as it
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Decentralized asset management protocol, dHEDGE, has launched its V2 deployment on Polygon. The new platform also boasts an integration with popular decentralized exchange, SushiSwap.Speaking exclusively to Cointelegraph, dHEDGE’s Henrik Andersson highlighted v2’s new Guarded Open Access Transactions (GOAT) framework — which enables v2 users to access whitelisted DeFi DApps whitelisted
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Decentralized exchange Sushiswap has not lagged behind Uniswap Labs’ v3 announcement. In an official post, they have introduced new products called BentoBox and Kashi Lending. Now, users of the platform have a new tool to maximize their earnings: BentoBox is a vault, serving as a decentralized “App Store” where you can
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Major decentralized exchange SushiSwap is the latest to consider action to mitigate Ethereum’s extreme transaction fees, and it involves a potential port to the Solana blockchain.A proposal, which was posted to the SushiSwap forum on Feb. 22 under the codename ‘Bonsai,’ suggests building out the platform on the Solana ecosystem. The
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Uniswap and SushiSwap have emerged as two of the top decentralized exchanges (DEXs) that are leading the current DeFi bull run higher.Despite a controversial start for SushiSwap, the last few months have seen it catching up to Uniswap in terms of activity on the platform, total value locked, and the
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