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Sushiswap’s new leader and FTX CEO Sam Bankman-Fried tweeted on September 12 that the promised 2 million token airdrop would go on as scheduled. The process was expected to last up to two hours or less depending on network congestion. The airdrop caps an eventful week for Sushiswap that started with the reported ‘exit scam’ […]
The post Sushiswap’s 2 Million Token Airdrop: Founders Face Accusations of ‘Making Defi a Joke Again’ appeared first on Bitcoin News.
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SushiSwap’s community will take charge of the platform once it completes its migration to a multisignature contract from Uniswap.
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After a number of individuals from the crypto community accused the anonymous developer Chef Nomi of exit scamming, the developer transferred the project over to Sam Bankman-Fried, the CEO of the trading platform FTX. On Saturday, September 5, the decentralized finance (defi) community got upset with the creator of Sushiswap, a forked project copied from […]
The post Defi’s Raw Deal: Sushiswap Creator Transfers Multi-Sig Control to FTX CEO appeared first on Bitcoin News.
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The decentralized finance (defi) crypto asset tied to the Yearn Finance project has smashed records this week, as the coin touched a high of $30,324 on Saturday evening. Yearn’s token YFI has been recently added to the Aave platform and the project’s founder, Andre Cronje, is currently talking about collaborating with the exchange FTX. Yearn […]
The post Defi Project Yearn Finance Smashes Records as Native Token Surpasses $30K appeared first on Bitcoin News.
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Cryptocurrency derivatives exchange FTX has acquired the popular portfolio tracking app Blockfolio for $150 million in a bid to gain a foothold in the crypto retail market. The deal – consummated after nine months of negotiation – was settled using a combination of cash, crypto, and stock, both companies detailed. It is one of the […]
The post Crypto Exchange FTX Buys Blockfolio for $150 Million in Effort To Expand Retail Presence appeared first on Bitcoin News.
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On Friday, Cryptocurrency derivatives exchange FTX launched a hashrate futures tool that allows Bitcoin (BTC) miners to hedge against mining difficulty risk. Hashrate, the amount of processing power dedicated to a Bitcoin network at a given time, determines the strength and security of the network. FTX leverages mining difficulty, that is, the complexity of solving […]
The post Crypto Derivatives Exchange FTX Launches Bitcoin Hashrate Futures appeared first on Bitcoin News.
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