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Category: Sushi Swap
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Sushiswap Founder Reportedly Exit Scams as Sushi Token Price Tanks
The anonymous founder of Sushiswap has reportedly exit scammed after converting all of his sushi tokens to ETH on September 5. Reports of the alleged scam came a few after the sushi token, which forked from the Uniswap protocol, went up in value to $10 in just 24 hours. A Twitter user Spensernoon first made […]
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Defi Boom Fueling ETH Gas Fees, Threatens Viability of Smart Contracts
Growing Ethereum network transaction fees, which touched new highs recently, are a direct consequence of the increasing number of defi projects and yield farming. Yield farmers need to pay ETH for transactions like moving funds in and out of pools. The increased number of yield farmers leads to more transactions and slower confirmations making higher […]
The post Defi Boom Fueling ETH Gas Fees, Threatens Viability of Smart Contracts appeared first on Bitcoin News.
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Fees Bonanza: Ethereum Miners Pocket a Record $113 Million From Fees in August
Ethereum miners are making a killing from transaction fees. In August alone, the miners raked in a total of $113 million in profit, up more than 3,660% from the $3 million earned in April, according to the latest data from Glassnode. This is the highest ether miners have earned from transaction fees ever. The previous […]
The post Fees Bonanza: Ethereum Miners Pocket a Record $113 Million From Fees in August appeared first on Bitcoin News.
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