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PortuguêsSushiSwap’s native token, SUSHI, is in the midst of undergoing a massive surge higher. The <a class="wpg-linkify wpg-tooltip" title=" Coin A coin is a unit of digital value. When describing…
Continue ReadingYearn Finance is eyeing yet another merger with yet another food-themed DeFi project – only this time, the candidate has a larger market size than Yearn itself. Per a blog…
Continue ReadingThe flurry of Yearn.finance (YFI) “mergers” continues as the project announces the tightest DeFi integration yet, this time with SushiSwap (SUSHI), the decentralized exchange that began its life as a…
Continue ReadingAs exploits and hacks run rampant across the DeFi ecosystem, at least one project appears to have fended off the worst of an attack — the once-maligned “vampire” AMM (automated…
Continue ReadingSushiSwap has once again taken center stage in the decentralized finance (DeFi) space. The decentralized exchange’s liquidity has seen an exponential explosion over recent days while the SUSHI token itself…
Continue ReadingThe total value of assets locked in leading decentralized exchange (DEX) Uniswap has plummeted by 38% in 24 hours amid the conclusion of its UNI liquidity rewards program on Nov.…
Continue ReadingUniswap community members are scrambling to update yield farming rewards for the automated market maker’s (AMM) native token UNI as the initial liquidity mining program sunsets on Nov. 17. A…
Continue ReadingIt was not long ago when SushiSwap had earned itself the tag of “exit scam.” In early September, the decentralized exchange’s co-founder, known by the alias “Chef Nomi,” liquidated his…
Continue ReadingSushiSwap’s SUSHI token has been one of the best-performing crypto-assets of the past few days. In the past day, it has surged 30%, making it the best-performing <a class="wpg-linkify wpg-tooltip"…
Continue ReadingGovernance, it is often said, is one of the most important issues in the crypto industry. But whether democracy makes blockchain products better or just devolves into fights over wealth…
Continue ReadingThe latest data from Coingecko shows that the combined trading volumes of cryptocurrency exchanges went up by $155 billion between July and September, from $175.7 billion to $330.6 billion. The…
Continue ReadingThere is nothing delicious about SUSHI anymore. The SushiSwap decentralized exchange’s governance token continued on its downtrend as its price fell another 15 percent in the new week. As of…
Continue ReadingThe average cost of sending a transaction over the Ethereum blockchain has fallen by 82% from a September 2 peak of $11.61, down to $2.09 as of October 4. The…
Continue ReadingOne is a Grammy Award-winning musician with lots of spare time. Another is a software engineer with nowhere to go during the pandemic. There’s also an editor for a data…
Continue ReadingSushiSwap is widely thought to have syphoned liquidity from Uniswap but new data from Flipside Crypto, a cryptocurrency on-chain analytics resource, suggests that the decentralized exchange’s launch mechanism actually benefited…
Continue Reading,The total-value locked (TVL) in decentralized finance (defi) economy has recaptured much of the value lost during the Sushiswap fiasco last week. At the time, the defi TVL tumbled down…
Continue Reading“I think that Uniswap is one of the premier DeFi [decentralized finance] protocols, and its token is as well,” Sam Bankman-Fried, CEO at Alameda Research, told CoinDesk via email. “It…
Continue ReadingSUSHI was among the worst-performing cryptocurrencies on Thursday as the decentralized finance token faced a severe competitive threat from a rival. Uniswap, a decentralized trading platform that inspired the launch…
Continue Reading$1.4 billion every hour. According to Bank of America, that’s the pace at which central banks around the world have been buying assets since the coronavirus-related lockdowns started in March. Coincidentally…
Continue ReadingSushiSwap blew up on the promise of outsized rewards for those who got in before the automated market maker (AMM) actually started making markets: 1,000 SUSHI tokens per block for…
Continue ReadingRecapping the biggest stories of the week, including Joe Biden’s China plan, a market holding pattern and, of course, the strange competitive saga of SUSHI. On this edition of the…
Continue ReadingIt’s been quite the past few days for Ethereum, decentralized finance, and the entire crypto industry due to SushiSwap. SushiSwap marked a revolution in how protocols complete; the project, forked…
Continue ReadingThe Takeaway: The SushiSwap community has voted on policy changes to the protocol to reduce the token reward schedule, introduce a lock-up period for newly minted Sushi, and introduce fee…
Continue ReadingIt was a quiet day in the bitcoin market while there was action on Uniswap’s total crypto value locked. Bitcoin (BTC) trading around $10,316 as of 20:00 UTC (4 p.m.…
Continue ReadingThis column has written in recent weeks about the surprising possibility that cryptocurrency markets might have become the new home for capitalism, in an environment where central banks and governments are intervening deeply…
Continue ReadingWithin 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…
Continue ReadingYfdex.Finance (Yfdex), a new liquidity mining pool, has reportedly exit scammed, making off with up to $20 million of investors’ funds. The decentralized finance (Defi) project convinced people to hand…
Continue ReadingWith bitcoin lawsuits in the news and SushiSwap’s migration completed, CoinDesk’s Markets Daily is back for your latest crypto news roundup! Some are calling the white-hot Defi space a bubble…
Continue ReadingBitcoin was rising for a second straight day, to about $10,281, after a rapid sell-off earlier in the week. “In a flash, investors have gone from running for the hills…
Continue ReadingAn anonymous Defi trader says he gained almost $250 000 after inadvertently exploiting a rebase bug embedded in the $SYFI Defi token. The trader, who insists he had no prior…
Continue ReadingSushiSwap, 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…
Continue ReadingIn the wake of the sudden departure of Chef Nomi, the original founder of SushiSwap, FTX exchange CEO Sam Bankman-Fried was left to sort out the mess. Cointelegraph interviewed Bankman-Fried…
Continue ReadingUniswap 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…
Continue ReadingResearch by on-chain analytics provider, Glassnode, has taken a deep dive into the economics and value of the SUSHI token, revealing that it may be worth far less than its…
Continue ReadingThe high-risk environment around the decentralized finance space and hype for one of its latest offerings, SushiSwap, raises an analogy with a Japanese delicacy called fugu, or pufferfish, which is…
Continue ReadingWith investors buying the bitcoin dip and staying bullish on options, CoinDesk’s Markets Daily is back for your latest crypto news roundup! Despite bitcoin shedding over $2,000 in the last…
Continue ReadingYou’re reading First Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team and edited by Bradley Keoun, First Mover starts your day with the most up-to-date sentiment around crypto…
Continue ReadingSushiSwap 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…
Continue ReadingAfter a number of individuals from the crypto community accused the anonymous developer Chef Nomi of exit scamming, the developer transferred the project over to Sam Bankman-Fried, the CEO of…
Continue ReadingSushiSwap, 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…
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