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Nalezeno "Eth": 6785

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...

Bitcoin Dominance Slides Losing 10% in the Last 100 Days


Bitcoin’s Dominance Index has slid 10% from a high of 67% on May 10, to a low of 57% today. Despite the defi market shakeout, ethereum still captures 10% of the aggregate market capitalization of $330 billion. There’s been a number of changes in the top ten line up of coins, as bitcoin...

How to Leverage Uniswap – Ethereum’s Noncustodial Defi Trading Platform


In 2020 decentralized exchanges (dex) have grown quite mature compared to just a few years ago. One specific dex gathering a lot of steam this year in the defi world is Uniswap, a trading platform that held $1.3 billion locked in value and dominated most defi applications by over 18% Friday...

Sushiswap Founder Reportedly Exit Scams as Sushi Token Price Tanks


The anonymous founder of Sushiswap has reportedly exit scammed after converting all of his sushi tokens to ETH on September 5. Reports of the alleged scam came a few after the sushi token, which forked from the Uniswap protocol, went up in value to $10 in just 24 hours. A Twitter user Spensernoon...

Defi Boom Fueling ETH Gas Fees, Threatens Viability of Smart Contracts


Growing Ethereum network transaction fees, which touched new highs recently, are a direct consequence of the increasing number of defi projects and yield farming. Yield farmers need to pay ETH for transactions like moving funds in and out of pools. The increased number of yield farmers leads...

Bitcoin Will Be Accepted for Tax Payments in Swiss Canton Zug Next Year


Bitcoin and ether can be used to pay taxes in the Swiss Canton of Zug starting next tax season. Zug’s crypto valley is home to many cryptocurrency businesses, and by accepting bitcoin and ether for tax payments, the canton aims to “promote and simplify the use of cryptocurrencies...

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