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Jared Grey confirms SushiSwap lost $3.3M in token allocation
10.4.2023
Jared Grey, the Head Chef of SushiSwap, recently confirmed that the platform was attacked. According to the latest tweets, the platform lost over $3.3 million. The breach occurred in RouterProcessor2 that led to sifuvision.eth losing 1800 ETH. SushiSwap has reported that one attacker has returned...
Sushiswap Smart Contract Bug Results in Over $3M in Losses; Head Chef Says Hundreds of ETH Recovered
10.4.2023
According to several reports, a bug introduced to the decentralized exchange (dex) protocol Sushiswap’s smart contract has resulted in more than $3 million in losses. The blockchain and smart contract security firm Peckshield explained the exploited contract was “deployed in multiple...
Sushi’s head chef addresses community concerns amid SEC subpoena
9.4.2023
Sushi’s head chef Jared Grey and his counsel described the investigation as a “non-public, fact-finding inquiry,” that doesn’t suggest the SEC has “any negative opinion of any person, entity or asset" related to the DAO
Sushi Swap CEO Says He No Longer Feels 'Inspired' Amid U.S. Regulators’ Crypto Crackdown
31.3.2023
Sushi Swap Head Chef Jared Grey fielded questions from his community about an SEC subpoena he received during a Thursday call
Sushi sets up legal defense fund after SEC subpoenas head chef Jared Grey and DAO itself
21.3.2023
The DAO said it would not be commenting on “ongoing legal investigations,” but its existing $100,000 defense fund was apparently not enough
SushiSwap's new DEX aggregator will '10x our market share' — Head Chef
17.1.2023
SushiSwap’s roadmap for the coming year includes the development of a DEX aggregator, a decentralized incubator, and "several stealth projects."
SushiSwap CEO reveals DEX lost $30M on LP incentives this year
12.12.2022
"Ultimately, we must harden the business model to produce more swap volumes & generate more fees," wrote CEO Jared Grey
Sushiswap chief says it only has 1.5 years of treasury runway left
6.12.2022
The DEX's operating expenses currently amount to $5 million per year