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Q3 Crypto Volumes up by $155 Billion as Defi Hype Drives DEX Growth by 197%
11.10.2020
The 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 new total volume represents a 88% increase which Coingecko attributes to the decentralized finance (defi)...
Defi Market Cap Drops 25.1% in One Day: Proponents Say Tokens Self Correcting
10.10.2020
The latest data from Santiment shows that the collective market capitalization of all defi-related assets dropped by 25.1% on October 7, while daily trading volumes went down 30.2%. The data also shows popular defi tokens like Sushi took heavy knocks after dropping by 50.9% during the week. Also...
Cumulative Ethereum Transaction Fees in 2020 Supersede Bitcoin’s by a Long Shot
30.9.2020
This week the research and analysis team Coin Metrics published a report on how decentralized finance (defi) is “fueling Ethereum’s growth.” Meanwhile, the researchers also highlighted that Ethereum’s cumulative transaction fees in 2020 are now over $350 million and more...
Uniswap 57% price crash marks ‘DeFi depression’ for SUSHI, CRV, UNI
23.9.2020
Leading DeFi token Uniswap has seen massive losses recently following in the footsteps of CRV and SUSHI
Survey: Large Number of Yield Farmers Can’t Read Smart Contracts Despite High Risk
23.9.2020
A new Coingecko survey has found that a large number of yield farmers do not know how to read smart contracts despite claiming they understand the risks that come with such investments. According to the survey, which polled 1,347 people, around 40% of decentralized finance (defi) users cannot...
Is UniSwap at risk after SUSHI and CRV price crash in DeFi bloodbath?
17.9.2020
Uniswap traders should proceed with caution as DeFi tokens such as CRV have been showing weakness since the SUSHI fiasco
13,000 DeFi users have already claimed Uniswap’s new UNI token
17.9.2020
Uniswap is taking on SUSHI head on with the launch of a new governance protocol token UNI, leading to a flurry of activity from more than 13,000 DeFi users
Defi Boom: Bubble Fears Grow as ‘Toxic’ Community Disagrees on Way Forward
15.9.2020
The decentralized finance (defi) space is headed for an implosion unless the divided community leaders step forward with solutions. This is discernible from September 13 Sunday morning tweets by some influential players in the defi space wherein they attack each other. Waves blockchain creator...
Sushiswap’s 2 Million Token Airdrop: Founders Face Accusations of ‘Making Defi a Joke Again’
14.9.2020
Sushiswap’s new leader and FTX CEO Sam Bankman-Fried tweeted on September 12 that the promised 2 million token airdrop would go on as scheduled. The process was expected to last up to two hours or less depending on network congestion. The airdrop caps an eventful week for Sushiswap that...
Uniswap Takes Lead Over SushiSwap Less Than 24 Hours After SUSHI Rewards Drop
13.9.2020
Shortly after SushiSwap's block rewards fell from 1,000 SUSHI tokens to 100, total value locked has fallen behind rival Uniswap
What to Watch for as SushiSwap Cuts Block Rewards From 1,000 to 100 SUSHI
13.9.2020
SushiSwap will distribute 90% less $SUSHI to its liquidity providers as it did before – and it's anyone's guess whether the piles of crypto locked in will stay
Sushiswap Creator Returns $14 Million After Community Cries Exit Scam
11.9.2020
One week after the Sushiswap creator was accused of an exit scam, he has returned all of the coins he cashed out. The anonymous creator also apologizes to the community, including to Binance which came under fire for listing the sushi token. Sushiswap Creator Says ‘Sorry’ The creator...
To list or not to list, Part 2: Binance listing SUSHI was no big deal
11.9.2020
Opinion: Binance approving and listing SUSHI tokens says more about industry-wide standards rather than Binance’s policy
To list or not to list, Part 1: Binance should not have listed SUSHI
11.9.2020
Opinion: Binance ignored its own guidelines by listing SushiSwap’s anonymous and unaudited token
For Fun: We’re Holding a Memecoin Contest, and You’re Invited!
10.9.2020
We’ve seen the rise and fall of DeFi meme coins over the past few months — YAM, PASTA, SUSHI —Continue Reading
The post For Fun: We’re Holding a Memecoin Contest, and You’re Invited! appeared first on CoinMarketCap Blog
Glassnode report suggests the fair value of SUSHI is just 31 cents
9.9.2020
Research into Sushi prices and economics indicate it is still overvalued and unlikely to reach its all-time high again
If You Can't Stand the DeFi Heat - Get Out of the Sushi Chef's Kitchen
8.9.2020
Jay Hao. Jay Hao is the CEO of crypto exchange OKEx.
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We saw a lot of action over the weekend in what played out as one of those adrenaline-packed high-drama movies the likes of which crypto hasn't witnessed in recent times. We all watched on popcorn in hand as [decentralized finance]...
Creator leaves SushiSwap in hot water as multisig revival is on the menu
8.9.2020
SushiSwap’s community will take charge of the platform once it completes its migration to a multisignature contract from Uniswap
SUSHI Trims Losses as FTX CEO Takes Control of SushiSwap
7.9.2020
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
6.9.2020
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...