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Nalezeno "DeFi": 7549

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 Project Xfinance(XFI) ILO Presale Sceduled for Sept 10th


DeFi project – Xfinance announced they will cooperate with LID Protocol and launch XFI ILO presale on the LID presale Dapp, launch date sceduled for September 10th. LID Protocol solves the issue of Uniswap exit scamming by using standardized non-custodial presale smart contracts that lock...

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...

Animoca Sells Out 7.5m of New REVV in Minutes, Announces Further Plans


Animoca Brands' flash sale saw more than seven million of its new REVV token sold out in less than 20 minutes. The Hong Kong-headquartered publisher of mobile games also announced new games wherein the token can be used, as well plans for their gaming community and collectible platform. Just three...

The DeFi Sector Is Breaking The Law - It’s Time to Act


The decentralized finance (DeFi) sector continues to boom, with over USD 8bn in total assets locked into the ecosystem’s various platforms. The bigger it gets, the more regulators are likely to take notice of it, with crypto-focused lawyers warning that now’s the time to begin considering what...

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