DeFi
SushiSwap’s SUSHI rapidly drops 50% from $2.30 to $1.10 amid crypto crash
As some crypto traders on Twitter put it, SushiSwap's native SUSHI coin just experienced its own Mar. 13. For those without context, Mar. 13…
Nick Chong 3 min read
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This Ethereum-based stablecoin is up 122% in the past 24 hours
Yes, you read that right: an Ethereum-based stablecoin meant to trade around one U.S. dollar is up approximately 100 percent in the past 24…
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Synthetix DeFies odds, surges 30% despite Ethereum drop from year-to-date highs
For most of the past 48 hours, the crypto market was blood red. Bitcoin had dipped from $24,300, its weekend highs, to $21,800 at…
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Even after 400% rally, analysts are still excited about DeFi protocol SushiSwap
SushiSwap's native token SUSHI, even after the recent drop, is up strongly since the lows seen in October. From its all-time low price of…
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Angel investor says crypto DeFi is one of the best “frontiers” in Silicon Valley today
The decentralized finance (DeFi) space has seen extreme growth this year, as evidenced by the $15 billion worth of capital now sitting in this…
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Compound’s blockchain is out, but is it really DeFi? Crypto community reacts
The decentralized credit lending and borrowing platform launched the Compound Chain yesterday. But it received bouquets and brickbats both. For the uninitiated, the project…
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Compound-integrated ‘DeFi Earn’ goes live on Crypto.com
The centralized decentralized finance (DeFi) application will support over six altcoins and allow holders to earn a yield on their collateral in a safe…
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DeFi founder’s hacker asks for $3 million in Ethereum after stealing $8m in NXM
One of the biggest news of this week by far is that of the founder of decentralized mutual platform Nexus Mutual, Hugh Karp, getting…
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SushiSwap co-founder hints at ambitions to launch on other chains like Polkadot
This has been said many times before but it's worth saying again, right now, DeFi has largely been relegated to Ethereum. While there are…
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DeFi
Another “rug pull” takes place, taking a $1.5m market cap Ethereum coin to $15,000
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US regulators say they “don’t want to inhibit” DeFi development
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Happy ending: Investors track down “rug pull” scammers, some Ethereum returned
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