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CryptoLocally Teams Up with FTX’s Serum Exchange


Working as a P2P cryptocurrency exchange using smart contracts escrow for better security, CryptoLocally has entered into a strategic partnership with Serum, a powerful decentralized exchange created on the Solana blockchain. Serum is a product designed by the FTX cryptocurrency trading portal...

SUSHI Trims Losses as FTX CEO Takes Control of SushiSwap


SUSHI, the native token of a recently launched DeFi protocol, SushiSwap, recovered some of its losses after Sam Bankman-Fried, CEO of crypto derivatives exchange FTX, agreed to take over admin keys to the protocol from Chef Nomi, the anonymous creator of SushiSwap. At pixel time (09:42 UTC), SUSHI...

Defi’s Raw Deal: Sushiswap Creator Transfers Multi-Sig Control to FTX CEO


After 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 the trading platform FTX. On Saturday, September 5, the decentralized finance (defi) community got upset...

Defi Project Yearn Finance Smashes Records as Native Token Surpasses $30K


The decentralized finance (defi) crypto asset tied to the Yearn Finance project has smashed records this week, as the coin touched a high of $30,324 on Saturday evening. Yearn’s token YFI has been recently added to the Aave platform and the project’s founder, Andre Cronje, is currently...

SOL Jumps Almost 40% as FTX Announces Solana-Based Project


Solana (SOL) has rallied in double digits today following the news that its blockchain has been used as a basis for a new ecosystem project. At pixel time (13:19 UTC), SOL, ranked 150th by market capitalization on Coingecko, trades at around USD 2 and is up by almost 40% in a day and 118% in...

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