An Article About DeFi And Ethereum’s SushiSwap Just Hit Bloomberg Terminals
It’s been quite the past few days for Ethereum, decentralized finance, and the entire crypto industry due to
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SushiSwap
SushiSwap Cofounder Sees DEX Expanding to Other Chains
Within a week of going online, DeFi project SushiSwap’s total value locked (TVL) surpassed $1.5 billion. At its peak, it made up almost 70% of liquidity on the decentralized exchange Uniswap. SushiSwap only took seven days to launch. This article was originally published by CryptoX China on Tuesday. SushiSwap co-founder 0xMaki (later
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SushiSwap Will Withdraw Up to $830M From Uniswap Today: Why It Matters for DeFi
Uniswap fork SushiSwap has begun migrating $830 million of crypto assets to a new community-owned automated market maker (AMM). The process began at approximately 14:15 UTC, when testing the migration first began. The event is perhaps the largest test to date of a growing mood in DeFi: that all major projects
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SushiSwap Migration Ushers in Era of ‘Protocol Politicians’
SushiSwap, the community-owned automated market maker (AMM), now has a new set of leaders. Nine signers of a multisig wallet controlling the project’s funds have been elected to govern SushiSwap through full decentralization. On Ethereum, a multisig has worked out to be something like a board of directors in the analog
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What Happened to DeFi Project SushiSwap Over the Weekend
SushiSwap investors were handed a raw deal over the weekend after the pseudonymous founder of the $1.27 billion, 1.5-week-old decentralized finance (DeFi) protocol cashed out. A fork of DeFi darling Uniswap, SushiSwap is the brainchild of a pseudonymous founder, Chef Nomi, who took the former project an extra yard by adding
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SushiSwap Moves Up Uniswap Token Withdrawal
SushiSwap, the automated market maker aiming to unseat market leader Uniswap, has moved up its launch by five days. Because of SushiSwap, total value in assets locked on Uniswap have gone up by just under $1.5 billion since the SushiSwap contract went into effect at block 10750000 on August 28, according
Read MoreSushiSwap GM says “Talk doesn’t mean anything and code shows everything”
SushiSwap, a fork of the popular Uniswap exchange and one of the latest breakouts of the DeFi craze, has undergone its fair share of scrutiny in recent days — and fairly so. The platform's token, known as Sushi, quickly came to represent 77% of the action on Uniswap as of Sept.
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Blockchain Bites: How SushiSwap Drove Uniswap to DeFi’s Top Spot
A South Korean crypto exchange has been raided by police, Bitcoin’s Lightning Network hit a new high and mining revenues are climbing. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe to this and all of CryptoX’s newsletters
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