DeFi
FTX founder proposes a plan for DeFi project SushiSwap
After being handed over the admin keys for the Uniswap fork project SushiSwap this weekend, Sam Bankman-Fried, the founder of crypto exchange FTX, proposed…
Shaurya Malwa 3 min read
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DeFi
Oops: a “rookie” Ethereum DeFi user just burned $1 million in USDT
Late last week, leading Ethereum decentralized finance protocol Curve was forked into a new protocol focused on the community after a number of controversies.…
DeFi
Here’s why analysts say SUSHI tokens are worth only $0.31
Sushi, the governance-cum-liquidity pool tokens for SushiSwap, have seen an unexpected boom in their nascent lifespan in terms of both prices and controversies. Not…
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Analysis
Yearn.finance (YFI) surges 30% in 1 day: what’s fueling the rapid rally?
The price of YFI, the native token of the decentralized finance (DeFi) giant Yearn.finance, surged 30% in 1 day. YFI rose from $21,500 to…
DeFi
The perks of centralization: Tether to return $1M USDT lost in Swerve
After a user mistakenly sent $1 million worth of USDT to Swerve’s token contract, Tether’s CTO Paolo Ardoino reached out to the community saying…
DeFi
User who turned $200 in Ethereum into $250k due to altcoin bug comes clean
Last week, a coin attempting to leech off the success of Yearn.finance (YFI) launched. Dubbed “Soft Yearn” (SYFI), the Ethereum-based crypto asset was launched…
DeFi
Top DeFi coins — Chainlink, Sushi, Band, and others — face severe drop
It's been a tough past week for the crypto market, with coins from Bitcoin to the smallest altcoins plunging lower. The drop has been…
DeFi
Ethereum devs discuss high Gas fees…but there’s no quick solution
Core developers of the Ethereum network discussed the network’s unusually high fees in recent weeks on an All Cores Devs call. Among the topics…
DeFi
Here’s why top Ethereum DEX Curve was forked into a new protocol
Ethereum's decentralized finance space has been filled with forks over recent weeks. A fork is when an existing protocol or cryptocurrency is adapted upon…
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DeFi
Yield farming frenzy has led to massive Ethereum, Tether withdrawals in China
DeFi
Inside 12 hours of Sushi: Chef sells, community laughs, FTX founder gains
DeFi
Here are four factors that have pushed DeFi coin UMA up 100% in a week’s time
DeFi