Markets

DeFi 'Vampire' SushiSwap Still Hemorrhaging Liquidity

Uniswap challenger SushiSwap continues to lose vital liquidity, with total value locked falling by 8% in the past 24 hours.

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Finance

Uniswap's Distribution Is Built on Something That Can't Be Forked: Actual Users

Uniswap distributed 400 of its new UNI tokens, a $1,400 value, to all its past users. Observers say the big surprise is likely to pay years of dividends.

(James Lee/Unsplash)

Markets

First Mover: As Central Banks Print $1.4B an Hour, Bitcoiners Bet on Federal Reserve 'Capture'

Though no fresh stimulus is expected this week from the Fed, bitcoiners betting on money printing could just wait for the next sell-off in U.S stocks.

It might just take a big stock-market sell-off for the Federal Reserve to accelerate the pace of money printing. (Unsplash, modified by CoinDesk)

Markets

Uniswap Takes Lead Over SushiSwap Less Than 24 Hours After SUSHI Rewards Drop

Shortly after SushiSwap's block rewards fell from 1,000 SUSHI tokens to 100, total value locked has fallen behind rival Uniswap.

(M!1k¥ D43M*N/Unsplash)

Markets

What to Watch for as SushiSwap Cuts Block Rewards From 1,000 to 100 SUSHI

SushiSwap will distribute 90% less $SUSHI to its liquidity providers as it did before – and it's anyone's guess whether the piles of crypto locked in will stay.

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Markets

The Raw, Savage Capitalism of Open-Source Protocols

Recapping the biggest stories of the week, including Joe Biden’s China plan, a market holding pattern and, of course, the strange competitive saga of SUSHI.

(nuvolanevicata/Getty Images)

Tech

SushiSwap's Users Ordered Changes, but the Protocol Can't Deliver Without an Overhaul

Another SushiSwap smart contract migration may be on the menu if newly voted-for policy proposals are going to be implemented.

(Artem Kniaz/Getty Images)

Markets

Market Wrap: Bitcoin Stuck at $10.3K; Uniswap Value Locked Gyrates

The bitcoin market lacks momentum Friday but Uniswap's value locked is on a roller-coaster ride.

CoinDesk 20 Bitcoin Price Index

Tech

'I F**ked Up': SushiSwap Creator Chef Nomi Returns $14M Dev Fund

SushiSwap creator "Chef Nomi" has returned all $14 million in ether, apologizing to the DeFi project's community for suddenly liquidating his holdings.

(Free To Use Sounds/Unsplash)

Markets

First Mover: Ethereum Gets Unplanned Stress Test as DeFi Fever Grows

The Ethereum blockchain's soaring gas prices don't seem to have deterred customers as DeFi usage grows and tests what the market can bear.

DeFi is pushing up usage and fees on Ethereum, and the blockchain network so far is passing the stress test. (Flickr Creative Commons, modified by CoinDesk)

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