Sushiswap chief says it only has 1.5 years of treasury runway left
The DEX’s operating expenses currently amount to $5 million per year.
Related Posts
Bancor Discovers Critical Vulnerability, Hacks Itself to Prevent Theft
The Bancor decentralized exchange has released a smart contract with a critical vulnerability, and is now hacking itself to save user funds from malicious actors. 334 Total views 8 Total shares The newest release of the Bancor decentralized exchange appears to be vulnerable to a very serious bug that can result in a significant loss…
Bitcoin options: How will tomorrow’s $4.7B expiry impact BTC price?
The $4.7 billion Bitcoin (BTC) monthly options expiry on June 30 might play a decisive role in determining whether the $30,000 price will consolidate as long-term support and open room for further bullish momentum.Why is Bitcoin breaking yearly highs?Many analysts consider Bitcoin's recent breakout above $27,000 a bet on the multiple spot Bitcoin exchange-traded fund (ETF)…
Tether to reduce secured loans to zero in 2023 amid battle against FUD
The move comes in response to a wave of mainstream media attacks and FUD, primarily from the Wall Street Journal. 163 Total views 2 Total shares Own this piece of crypto history Collect this article as NFTThe world’s largest stablecoin issuer, Tether, has pledged to eventually stop the practice of lending out funds from its…
‘Crypto is Unstoppable’ — Bitcoin Will Hit $100K, Says Cardano Founder
Ethereum (ETH) co-founder turned Cardano (ADA) creator Charles Hoskinson said that he expects Bitcoin (BTC) to be back over $10,000 and reach $100,000 in the future.In a tweet published on Nov. 22, Hoskinson urged the cryptocurrency community that Bitcoin is more than speculation, putting the blame on the latest drop in price on news media…
Blockchain Startup BitFury Launches Artificial Intelligence Unit
Blockchain startup BitFury launched an artificial intelligence (AI) unit, Reuters reports on Aug. 13.“Data is the new oil”Bitfury chief executive officer and co-founder Valery Vavilov reportedly said that the company’s dive into AI is motivated by the need to analyze and extract information from great quantities of data. He reportedly noted that data is becoming…
What DeFi needs to do next to keep institutional players interested
The last few months’ frenzy of institutional money flowing into Bitcoin (BTC) has seen crypto hitting the headlines — at the least as a novelty asset, at the most as a must-have. There is undoubtedly a trend in the market toward greater awareness and acceptance of digital assets as a new investable asset class.A June…
Pushing for Crypto Self-Regulation Amid Tightening Government Scrutiny
Self-regulation is once again a trending topic in the cryptocurrency landscape as major exchange platforms have announced the creation of self-regulated organizations (SROs) to achieve some standardization in digital currency governance. Government regulators across various jurisdictions continue to exert greater regulatory pressure on their local cryptocurrency industries.Even inter-governmental agencies like the Financial Action Task Force have…
US Regulators Take Joint Action Against Crypto Firms’ Swaps Offering
Two related cryptocurrency firms have fallen foul of United States financial regulators for entering into illegal off-exchange swaps in digital assets and foreign currency. On July 13, the U.S. Commodity Futures Trading Commission (CFTC) issued an order filing and settling charges against the two firms. The same day, the U.S. Securities and Exchange Commission (SEC) announced…