SushiSwap

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.A new DeFi report has highlighted that a significant amount of crypto lost to exploits was due to tradi ...

DeFi platform Sushi has partnered with interoperability platform ZetaChain to explore the possibility of native Bitcoin swaps for its users across 30 different blockchain networks.Sushi’s deployment of its decentralized exchange (DEX) on ZetaChain is touted to enable trading of BTC without ...

Fantom developers said that cryptocurrency projects that use this blockchain and contribute to high fees will now receive 15% of the transaction fee. Fantom-based projects will need to submit a special application for additional monetization. The developers stressed th ...

Director of Fantom Foundation announced that the fund has temporarily withdrawn from liquidity pools on SushiSwap due to security concerns with the Multichain Bridge. Andre Cronje stated that "if something negative does happen, it will affect USDC, DAI and wBTC issued in ...

Foundation withdrew $2.4 million of MULTI André Cronje said it was due to the uncertainty surrounding Multichain He added that the tokens are sitting on the wallet, no one has sold them The protocol is currently still idle Director of Fant ...

According to the Allbridge project team, users who were affected by the hack that occurred in early April are now receiving their funds back. The team announced that the first round of return payments was completed between April 5 and 9. For those who were not included in this first round, the ...

Reports indicate that Gdac, a South Korean cryptocurrency exchange, was the target of a recent cyberattack. The hackers managed to withdraw around $14 million, which accounts for 23% of the total assets that the exchange holds. The stolen funds included 61 BTC, 350.5 ETH, 10 million Wemix toke ...

Tether, the issuer of the USDT stablecoin, has taken steps against an attacker who recently stole $25 million worth of cryptocurrencies from MEV bots through the use of a Sandwich method attack. The hacker took advantage of a security vulnerability in the decentralized exchange Uniswap on the Eth ...

The decentralized exchange SushiSwap recently experienced a security breach resulting in hackers exploiting a vulnerability in the RouteProcessor2 smart contract. The hackers were able to withdraw over $3.3 million from the platform before the issue was identified. The CEO of SushiSwap, Jared ...

After a successful beta testing and completion of a private token sale, the team behind Reunit Wallet, founded by a former Sushiswap protocol developer, is now launching a public token sale. This groundbreaking project claims to be the first-ever omni-chain wallet that uses technology from the cr ...

The US Securities and Exchange Commission (SEC) has issued a subpoena to the CEO and the decentralized exchange SushiSwap. The exchange's chef announced the news and stated that they are cooperating with the SEC and will not be commenting on any ongoing legal investigations. To cover legal cos ...