SushiSwap News

SushiSwap brings liquidity pools, cross-chain swaps and its DEX aggregator to the Core blockchain ecosystem.

A Twitter user called out SushiSwap and urged the platform to take steps to prevent incidents in the future.

Only users who have traded on the decentralized exchange in the last four days are apparently affected.

Sushi’s head chef Jared Grey and his counsel described the investigation as a “non-public, fact-finding inquiry” that doesn’t suggest the SEC has “any negative opinion of any person, entity or asset” related to the DAO.

A new Era has dawned with the launch of the first Ethereum Virtual Machine compatible ZK rollup, enabling projects like Uniswap and Sushi to easily port over for scaling.

The DAO said it would not be commenting on “ongoing legal investigations,” but its existing $100,000 defense fund was apparently not enough.

The collaboration of over 30 DeFi projects is an effort to counteract the negative sentiments built in 2022 due to numerous CeFi ecosystem crashes.

100% of xSushi fees on the platform will soon be redirected to the SushiSwap treasury for maintenance and expenses.

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 roadmap for the coming year includes the development of a DEX aggregator, a decentralized incubator and “several stealth projects.”

The new tokenomics intends to boost liquidity and decentralization in the platform, enabling SushiSwap to continue operations.

“Ultimately, we must harden the business model to produce more swap volumes & generate more fees,” wrote CEO Jared Grey.

Following the Nitro upgrade, activity on Arbitrum has surged and has nearly two-thirds of the transaction activity seen on the Ethereum base layer.

The proposal received 100% votes, establishing the DAO Foundation, Panamanian Foundation, and Panamanian Corporation.

Here are some ways to generate crypto-powered passive income with Bitcoin while steering clear of inherent volatility.