SushiSwap CEO reveals DEX lost $30M on LP incentives this year
“Ultimately, we must harden the business model to produce more swap volumes & generate more fees,” wrote CEO Jared Grey. Go to Source Powered by WPeMatico
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The all-in-one approach at the foundation of next gen crypto investment platforms
ClearCryptos, an all-in-one crypto platform, combines all the best of DeFi and CeFi with the education necessary to use it right. Go to Source Powered by WPeMatico
Sushiswap chief says it only has 1.5 years of treasury runway left
The DEX’s operating expenses currently amount to $5 million per year. Go to Source Powered by WPeMatico
JPMorgan Expects Major Changes Coming to Crypto Industry and Regulation Post FTX Collapse
JPMorgan has outlined key changes it expects in the crypto industry and its regulation following the collapse of crypto exchange FTX. The global investment bank envisages several new regulatory initiatives, including those focusing on custody, customer asset protection, and transparency. JPMorgan Expects Major Changes in Crypto Industry Post FTX Meltdown Global investment bank JPMorgan published … Read more
After FTX: Defi can go mainstream if it overcomes its flaws
The collapse of FTX and other centralized platforms in 2022 has pushed investors toward noncustodial platforms. Go to Source Powered by WPeMatico
CoinList addresses ‘FUD’ on withdrawals, cites technical issues for delays
CoinList blamed “custodian issues” with one suffering an outage affecting “many tokens” on the platform as the reason for reported withdrawal problems. Go to Source Powered by WPeMatico
Crypto survived worse than the fall of FTX: Chainalysis
According to Chainalysis, the downfall of FTX is likely to have a relatively smaller effect on the crypto ecosystem than the demise of Mt. Gox. Go to Source Powered by WPeMatico
DeFi protocol raises $10M from Bitfinex, Ava Labs despite turbulent market
The prolonged market volatility has not stopped investors from backing a new protocol which merges DeFi and the foreign exchange market. Go to Source Powered by WPeMatico
DeFi platforms see profits amid FTX collapse and CEX exodus: Finance Redefined
The bears were in control for the second week after FTX collapse, leading to a market-wide dismal performance including top 100 DeFi tokens. Go to Source Powered by WPeMatico
Bitcoin price may still drop 40% after FTX ‘Lehman moment’ — analysis
BTC price targets now include $12,000, with Ethereum potentially falling to $800 for the pit of the bear market. Go to Source Powered by WPeMatico