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Crypto Biz: SushiSwap bets on new roadmap against DEX competition

[Oct 25 9:00 PM] This week’s Crypto Biz also explores Tesla’s Bitcoin holds, Avalanche’s Visa card, Core Scientific’s billionaire deal with CoreWeave and Chainlink’s pilot for corporate databases.

SushiSwap merges DAO with ‘Labs’ model, introduces multitoken ecosystem

[Jun 11 9:00 AM] SushiSwap is now managed by Sushi Labs, an autonomous company that will operate under a council structure similar to Synthetix.

Decentralized Exchange SushiSwap Goes Live on Bitcoin Sidechain Rootstock

[Jun 6 9:00 AM] Rootstock's goal is to combine the security of the Bitcoin network with the smart contract capabilities of Ethereum.

How the Ledger Connect hacker tricked users into making malicious approvals

[Dec 14, 2023 5:30 PM] According to Cyvers, the attacker caused malicious code to be inserted into multiple app user interfaces, allowing the exploiter to fool users into confirming transactions.

BREAKING: Sushi DeFi Security Breach: CTO Sounds Alarm, SUSHI Price Drops 4%

[Dec 14, 2023 8:00 AM] In a significant blow to the decentralized finance (DeFi) sector, the Sushi DeFi protocol has fallen victim to its second exploit this year. The protocol’s Chief Technology Officer (CTO), Matthew Lilley, has issued a stark warning to users…

Ledger patches vulnerability after multiple DApps using connector library were compromised

[Dec 14, 2023 7:24 AM] Multiple decentralized applications using Ledger’s connector library have been compromised, including SushiSwap and Revoke.cash. Ledger claims the issue has been fixed.

Sushi to test Bitcoin swaps and Opyn DeFi protocol founders cave to CFTC pressure: Finance Redefined

[Nov 17, 2023 1:25 PM] Sushi is set to test Bitcoin swaps on 30 different blockchains using the interpretability protocol ZetaChain.

Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain

[Nov 16, 2023 10:00 AM] The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.

Stablecoin Turmoil: $1.53 Billion Redeemed in a Month Amid Declining Trade Volume

[Aug 7, 2023 8:00 AM] In the brief span from July 12, 2023 to August 6, 2023, the stablecoin economy witnessed a staggering loss exceeding $1.53 billion in value. Among the premier ten stablecoins, Pax’s pax dollar (USDP) experienced a redemption of 39% of its…

Navigating the Storm: Defi’s Precarious Position Amid a String of Exploits and Market Declines

[Aug 4, 2023 1:00 PM] In the wake of July’s unprecedented wave of decentralized finance (defi) breaches, including Curve Finance’s staggering $62 million exploit, the defi economy has plummeted into a gloomy state. Hovering perilously close to dipping…

SushiSwap furthers cross-chain functionality with Core integration

[Aug 1, 2023 7:00 AM] SushiSwap brings liquidity pools, cross-chain swaps and its DEX aggregator to the Core blockchain ecosystem.

Tensions Rise Between SushiSwap, Lido Over Return of Exploited Funds

[May 24, 2023 1:27 PM] Two decentralized finance projects are butting heads over a governance proposal that could see the recovery of 40 ETH stolen in Sushiswap's April hack.

SUSHI Down 45%: What’s Driving the Decline?

[May 17, 2023 5:30 PM] The price of SUSHI, the native token of SushiSwap, a decentralized exchange, is down 45% from February 2023, when prices peaked at $1.63, the highest level in six months. SushiSwap Token Redesign This contraction is despite the successful…

Decentralized Exchange SushiSwap Rolls Out V3 Liquidity Pool on 13 Chains

[May 4, 2023 3:00 PM] The new liquidity pools aim to help users reduce financial risks and increase their profits across networks.

SushiSwap to Propose Tokenomics Changes to Promote Uniswap v3 Adoption

[Apr 26, 2023 11:51 AM] Changes to the protocol’s “Chef” contracts are intended to make it more decentralized and secure.

SushiSwap to Launch Claims Website for Vested SUSHI Tokens

[Apr 12, 2023 10:07 AM] Customers can claim their SUSHI until April 23.

Sushi DEX Recovers 100 Ether After Millions Lost on Weekend Exploit

[Apr 10, 2023 7:11 AM] ‘White hat’ hackers are working to recover more of the stolen funds as of Monday.

Sushiswap Smart Contract Bug Results in Over $3M in Losses; Head Chef Says Hundreds of ETH Recovered

[Apr 9, 2023 9:30 PM] According to several reports, a bug introduced to the decentralized exchange (dex) protocol Sushiswap’s smart contract has resulted in more than $3 million in losses. The blockchain and smart contract security firm Peckshield explained the…

SushiSwap approval bug leads to $3.3 million exploit

[Apr 9, 2023 9:37 AM] Only users who have traded on the decentralized exchange in the last four days are apparently affected.

Sushi Swap CEO Says He No Longer Feels 'Inspired' Amid U.S. Regulators' Crypto Crackdown

[Mar 30, 2023 6:05 PM] Sushi Swap Head Chef Jared Grey fielded questions from his community about an SEC subpoena he received during a Thursday call.

Crypto’s Unfulfilled Dreams Get a Tailwind From U.S. Crackdown on Binance, Coinbase

[Mar 28, 2023 2:35 PM] The crypto revolution was supposed to make finance more decentralized, but much of the industry is centralized. Regulatory pressure could change that.

GoldenTree Moves $5M of SUSHI, Sparking Fear It’s Exiting

[Mar 23, 2023 10:45 AM] Much of the asset manager’s Sushi trove was deposited at Binance in the last 24 hours.

Sushi sets up legal defense fund after SEC subpoenas head chef Jared Grey and DAO itself

[Mar 21, 2023 2:00 PM] The DAO said it would not be commenting on “ongoing legal investigations,” but its existing $100,000 defense fund was apparently not enough.

Decentralized Exchange Pancakeswap to Launch Version 3 Iteration in April

[Mar 5, 2023 3:00 AM] On March 4, the decentralized exchange Pancakeswap announced that the team plans to launch its version three (v3) iteration of the platform during the first week of April 2023. Pancakeswap v3 will provide new features and improve liquidity…

SushiSwap Burns $5 Million Per Year, But Will It Rebrand In 2023?

[Mar 1, 2023 7:30 AM] SushiSwap, a popular multichain decentralized exchange (DEX), burns approximately $5 million annually, its chief chef, Jared Grey, revealed on February 28. SushiSwap Holds $30.6 Million Worth Of Digital Assets In a tweet, Grey said the protocol…

DeFi protocols unite to promote permissionless Web3 experiences

[Feb 7, 2023 6:47 AM] The collaboration of over 30 DeFi projects came as an effort to counteract the negative sentiments built in 2022 due to numerous CeFi ecosystem crashes.

SushiSwap To Redirect 100% Trading Fees To Treasury

[Jan 24, 2023 5:00 PM] While the DeFi market has continued to mirror the crypto market rally, more innovations have been introduced to the ecosystem. In today’s news, SushiSwap, the sixth-largest decentralized exchange (DEX) by 24 hours trading volume, has passed a…

SushiSwap passes 100% fee relocation, 10.9M SUSHI clawback proposals

[Jan 24, 2023 9:30 AM] 100% of trading fees on the platform will soon be redirected to the SushiSwap treasury for maintenance and expenses.

DeFi should complement TradFi, not attack it: Finance Redefined

[Jan 20, 2023 3:30 PM] Top 100 DeFi tokens continued their bullish momentum into third week of January with majority of the tokens trading in green on weekly charts.

SushiSwap's new DEX aggregator will '10x our market share' — Head Chef

[Jan 16, 2023 8:22 PM] SushiSwap’s roadmap for the coming year includes the development of a DEX aggregator, a decentralized incubator, and "several stealth projects."