The latest in decentralized exchange innovation, liquidity trends, and on-chain trading data.
The firm will continue to trade assets that are not trapped on FTX, despite uncertainty regarding the "timeline and potential recovery for FTX customers."
Soumen Datta 2 min read 
The market crisis caused by the FTX fallout put the security of user funds into question and could have pushed retail traders away from centralized exchanges.
Johnny Lyu, KuCoin's CEO, attests to the transparency of the exchange, discloses KuCoin holdings, and denies FTX, FTT exposure
Based on the current FTX situation, the Binance CEO also predicted that FTX's FTT would be extremely volatile in the near future.
Sushi's new legal structure will include a Cayman Island-based DAO foundation, a Panamanian foundation, and a Panamanian corporation.
According to on-chain data compiled by Cluster the majority of web3 projects saw a decline in YoY user growth. Yet - web3 gaming records better user retention than the average web2 games
Cross-chain swaps can now be routed through USDC and transferred via CCTP to a new chain without the need for a traditional web3 bridge
Under the proposal, the hacker will return up to $67 million and keep the remaining $47 million as a bug bounty.
In the financial system, a perpetual futures contract, also known as a perpetual swap, is a transaction representing an agreement to buy or sell an asset at an unspecified point in the future. It also allows users to trade using margin or leverage (using borrowed funds).
