Tagged: sushiswap

Chinese Crypto Ban Has Positive Outcomes

While China’s ban on cryptocurrency transactions has had a measurable effect on the markets, it’s not a death knell by any means, one industry watcher said. Earlier this month the People’s Bank of China said all virtual currency-related business activities were illegal, claiming it would… Read More

$100,000 Up For Grabs in Polygon Hackathon

Polygon, an Ethereum-based full-stack scaling solution bringing mass adoption to the Ethereum platform, has launched the first round of its Polygon-Grants Hackathon on HackerLink, DoraHacks’ open-source developer incentive platform. Developers are encouraged to come up with ideas for dApps and bring them to life on… Read More

Blockchain Analysis Firm Chainalysis Adds Six DeFi focused Cryptocurrency Tokens

Blockchain analysis firm Chainalysis has added advanced investigation and compliance support for six more widely-used ERC-20 tokens. All six crypto tokens are decentralized finance or DeFi related and five of them “specifically belong to top DeFi protocols,” the blockchain firm noted in a recent update…. Read More

Ethereum Not Just a Digital Currency, It’s a Financial Ecosystem Generating $29.3M in Fees Every 24Hrs, 8x More than BTC: Report

James Wang, an experienced crypto analyst who says that Ethereum (ETH) could be the “last investment of your life,” points out that the world’s largest smart contract platform isn’t merely a cryptocurrency. Wang explains that Ethereum is a complete software platform with a rapidly increasing… Read More

Gemini Earn Introduces Interest Earning Opportunities for DogeCoin (DOGE), SushiSwap (SUSHI), Injective (INJ)

Digital asset firm Gemini reveals that (starting on May 9, 2021) you can now earn as much as 2.25% APY on Dogecoin (DOGE) that’s held at the Gemini cryptocurrency exchange. Gemini clients are now “collectively” earning interest on over $2 billion in loans that have… Read More

Coinbase Adds Trading Support for More Cryptocurrencies including Polygon (MATIC), SKALE (SKL), SushiSwap (SUSHI)

Cryptocurrency exchange Coinbase confirmed on March 12, 2021 that Polygon (MATIC), SKALE (SKL) and SushiSwap (SUSHI) are now available for trading on its platform. Coinbase.com users may now trade MATIC, SKL, and SUSHI tokens. They can purchase, sell, convert, send, receive, or store these digital… Read More

DeFi Tokens Take it Relatively Slow as Bitcoin Surges to $23,800, Prominent Investor Says Ethereum May Eventually Surpass BTC Market Cap: Report

Decentralized finance (DeFi) tokens took it “relatively slow” this past week when compared to Bitcoin (BTC) while crypto and blockchain industry developments strengthened Ethereum’s (ETH) support, according to a report from OKCoin. The digital asset exchange notes that DeFi tokens are still lagging behind BTC… Read More

Digital Asset Market Participants’ Perception of DeFi Tokens Shifts from Speculation to Identifying Long-Term Investments: Report

Digital asset exchange OKEx recently published a report, titled: “How centralized exchange volumes illustrate DeFi’s boom-and-bust cycle.” With market data provided by Kaiko, OKEx Insights looks at DeFi‘s “boom-and-bust cycle” in 2020. The exchange notes in its extensive report that as 2020 comes to an… Read More

DeFi Protocol Wars Between Uniswap and SushiSwap Bodes Well for Decentralized Finance, Coinbase Argues

Blockchain-powered apps are designed to be more open and transparent than their traditional versions. According to Coinbase, this can be beneficial because individuals and organizations are able to inspect these projects and can also confirm that everything is working as it should. However, it’s also… Read More

Crypto Lawyer Stephen Palley Says It’s Very Challenging to Advise Clients in the DeFi Space, After Uniswap Introduces UNI Governance Token

Uniswap, a non-custodial Ethereum token exchange, recently introduced a “governance” token, called UNI. There will be 1 billion UNI tokens that will be released to the general public over the course of the next 4 years. UNI tokens will be allocated to Uniswap’s community members…. Read More

Self-Custody Crypto Exchange Deversifi CEO Disagrees with Idea that you’ve Joined the “Dark Side” for Not Condemning DeFi Protocol SushiSwap

Will Harborne, CEO at Deversifi, a self-custody digital asset exchange for “serious” traders, has said that he disagrees “very strongly” with the idea that anyone who does not “condemn” SushiSwap has joined “the Dark Side.” SushiSwap is a recently launched decentralized finance (DeFi) protocol that’s… Read More

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