The decentralized finance (defi) space is headed for an implosion unless the divided community leaders step forward with solutions. This is discernible from September 13 Sunday morning tweets by some influential players in the defi space wherein they attack each other. Waves blockchain creator Sasha Ivanov kicked things after depicting current defi ecosystem as Ponzi […]
The post Defi Boom: Bubble Fears Grow as ‘Toxic’ Community Disagrees on Way Forward appeared first on Bitcoin News.
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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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One week after the Sushiswap creator was accused of an exit scam, he has returned all of the coins he cashed out. The anonymous creator also apologizes to the community, including to Binance which came under fire for listing the sushi token. Sushiswap Creator Says ‘Sorry’ The creator of Sushiswap, the anonymous Chef Nomi, has […]
The post Sushiswap Creator Returns $14 Million After Community Cries Exit Scam appeared first on Bitcoin News.
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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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