Crypto Biz: SushiSwap bets on new roadmap against DEX competition
This week’s Crypto Biz also explores Tesla’s Bitcoin holds, Avalanche’s Visa card, Core Scientific’s billionaire deal with CoreWeave and Chainlink’s pilot for corporate databases.This post was originally published on this site
SushiSwap replaces DAO with ‘Labs,’ introduces multitoken ecosystem
SushiSwap is now Sushi Labs, an autonomous company that replaces the ecosystem’s decentralized autonomous organization. This post was originally published on this site
Sushi goes live on Bitcoin sidechain Rootstock
Sushi is now live on Bitcoin (BTC) sidechain Rootstock Rootstock’s integration with the decentralised exchange (DEX) will expand DeFi on Bitcoin. Users can now leverage Sushi’s advanced trading functionalities and other features while tapping into Bitcoin’s security and decentralisation. SushiSwap, a decentralised exchange (DEX) deployed across over 30 blockchains, is now live on Rootstock, a […]
Sushiswap Smart Contract Bug Results in Over $3M in Losses; Head Chef Says Hundreds of ETH Recovered
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 blockchains.” Dex Platform Sushiswap Suffers From Smart Contract Exploit Over the weekend, the dex […]
SushiSwap approval bug leads to $3.3M exploit
Only users who have traded on the decentralized exchange in the last four days are apparently affected.This post was originally published on this site
Sushi sets up legal defense fund after SEC subpoenas head chef Jared Grey and DAO itself
The DAO said it would not be commenting on “ongoing legal investigations,” but its existing $100,000 defense fund was apparently not enough.This post was originally published on this site
Decentralized Exchange Pancakeswap to Launch Version 3 Iteration in April
On March 4, the decentralized exchange Pancakeswap announced that the team plans to launch its version three (v3) iteration of the platform during the first week of April 2023. Pancakeswap v3 will provide new features and improve liquidity alongside enhancements in interface accessibility and the decentralized exchange (dex) platform’s yield farming experience. Pancakeswap Announces Version […]
SushiSwap’s new DEX aggregator will ‘10x our market share’ — Head Chef
SushiSwap’s roadmap for the coming year includes the development of a DEX aggregator, a decentralized incubator and “several stealth projects.”This post was originally published on this site
FTX’s Exchange Token FTT Sees Mysterious Pump Amid Bankruptcy Case, SBF Fraud Charges
As the FTX bankruptcy case and fraud charges against co-founder Sam Bankman-Fried continue to unfold, the value of the exchange’s token, FTX Token (FTT), has seen significant growth. Since Jan. 9, 2023, FTT has risen 28.42% and currently sits above the $1 range, following a dip below that threshold. FTT Token Jumps 28% Rising Above […]
SushiSwap CEO proposes new tokenomics for liquidity, decentralization
The new tokenomics intends to boost liquidity and decentralization in the platform, enabling SushiSwap to continue operations.This post was originally published on this site