Tag Archives: defi

Bitcoin continues above $10,000, while Ethereum’s free fall has only intensified in the past 24 hours.The DeFi space is also facing major hurdles, but over the past few hours, a lot of DeFi coins have bounced following new developments with SUSHI.Bitcoin Fights To Stay Above $10KAs CryptoPotato reported yesterday, Bitcoin bottomed at about $9,825 (on Binance). The asset managed to recover some ground in the next few hours to approximately $10,200.Bitcoin bounced off the critical support at...

Earlier on Saturday, the lead developer behind the popular Sushiswap protocol sold all of his tokens, causing a massive drop upwards of 50% in the token’s price.Elsewhere, the entire cryptocurrency market is feeling the pressure as the total capitalization is down by more than $11 billion in the last few hours.Sushi Seloff Headstarts a Market CollapseCryptoPotato reported earlier that the lead developer of the popular Uniswap fork, Sushiswap, swapped all of his tokens for ETH. In a trade...

This week has been great for SushiSwap’s leading developer, not so much for the token hodlers. A few hours ago, Chef Nomi, the anonymous character behind the project, sold all his tokens and cashed out.The self-proclaimed “head chef” sold millions SUSHI tokens over the weekend. Money is a “Distraction”Following what many call a rug pull, the token’s price has dropped more than 50%. The move caused strong reactions within the community, especially from critics and analysts who rushed to call...

The events of the past seven days took a turn for the worst throughout the entire cryptocurrency market. Bitcoin started the week trading at around $11,500 and managed to advance to a peak of around $12,050 a few days later.And that’s when it went downhill.In less than two days, BTC lost around $1,500 of its value, bringing the price down to its current level of $10,500. However, the primary cryptocurrency spiked to a low of $9,875 on Binance before recovering, taking all large-cap altcoins...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 963. Im heutigen Video geht’s um folgende Themen: Sicherheitslücken bei DeFi-Protokoll SushiSwap, Kanton Zug will Steuern in Bitcoin akzeptieren & Bithumb von koreanischer Polizei durchsucht. 1.) Sicherheitslücken bei DeFi-Protokoll SushiSwap aufgedeckthttps://www.btc-echo.de/sicherheitsluecken-bei-defi-protokoll-sushiswap/ 2.) Schweizer Kanton Zug will Steuern in Bitcoin akzeptieren,...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 962. Im heutigen Video geht’s um folgende Themen: Ethereum Miner verdienen 800.000$ pro Stunde, Uniswap schlägt Coinbase Pro nach Handelsvolumen & DeFi auf 500 Millionen in Stunden. 1.) Ethereum Miner verdienen 800.000$ pro Stunde – Wird DeFi zum Whale-Territorium?https://cryptomonday.de/ethereum-miner-verdienen-800-000-pro-stunde-wird-defi-zum-whale-territorium/ 2.) Kampf der Bitcoin-Börsen: Uniswap schlägt...

The latest two DeFi protocols to pump and dump worthless tokens have been Hotdog and Pizza as the food meme trend continues. They are essentially clones of other defi platforms, some of which are clones themselves.The latest is a Uniswap clone called Hotdog that, just like SushiSwap, promised better APYs and shares in governance tokens. Yield farmers, dubbed degens from the word degenerate, flocked to the platform in hopes of similar gains that SushiSwap made.DeFi Pump and DumpHOTDOG tokens...

Named after the fermented Korean dish, Kimchi is a fork of the wildly popular SushiSwap protocol that was forked from Uniswap late last week. Launched on Tuesday, September 1, Kimchi has already accrued almost $250,000 in liquidity in less than 24 hours, according to its dashboard.In the first few hours after its launch, the protocol offered APYs upward of 120,000% on the KIMCHI/TEND pool, and more than 70,000% on the other KIMCHI pools. Even though these numbers have since decreased, they...

No doubt about it… The DeFi (decentralized finance) space is growing like there’s no tomorrow. One of the biggest coins within the arena to be expanding lately is known as yearn finance (YFI). Thus far, the coin is up more than 3,500 percent since last month.YFI Has Surged in Recent WeeksWhile everyone wants to make such a big deal out of bitcoin this year – the currency is presently up more than 40 percent since the beginning of 2020 – this is nothing compared with YFI, which has also put...

Framework Labs, which is associated with the investment firm Framework Ventures, has recently socked away roughly $8 million thanks a new seed funding round led by some of the biggest names in the industry. Among the companies to take part in the funding round are Station 13.Framework Labs Is Taking DeFi to a New LevelAs a branch of Framework Ventures, Framework Labs is operated by Michael Anderson and Vance Spencer. The company is seeking to increase investors’ knowledge of the DeFi...