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“# After ‘7/20’ social media campaign, Sushi reveals all-in-one AMM ‘Trident’ ” After months of bluster and braggadocio, decentralized finance (DeFi) platform Sushi is finally revealing the long-awaited “7/20” project update — but it remains to be seen if the new product will live up to the hype. Taking the stage this morning at the…
“# Altcoins bag double-digit gains as Bitcoin price approaches $37,000 ” Cryptocurrency prices surged on June 29 as Bitcoin (BTC) price pushed through the $35,000 resistance level and lifted the total market cap by $93 billion, with $50 billion of that total flooding into altcoins. Bitcoin put on a 7% gain on the day to climb back…
“# Sushiswap to deploy full suite of Sushi products on Harmony’s blockchain ” As the Harmony blockchain approaches the two-year anniversary of its mainnet launch, decentralized exchange SushiSwap will be deploying Sushi products related to rewards and yield farming. In a Thursday announcement from Sushi, the project said it would be partnering with Harmony to…
“# Analyst says DeFi and stablecoins held up well as crypto markets imploded ” The decentralized finance (DeFi) sector faced its first real challenge during last week’s market sell-off that saw more than $1 trillion wiped from the global cryptocurrency market cap as traders feverishly ran for the safety of stablecoins amid tumbling prices. Despite…
“#Why so many Taiwanese people are changing their names to ‘Salmon’” Some folks will go to great lengths for the best meals, but this one really takes the cake. News outlets throughout Asia reported this week that approximately 150 insatiable sushi fans in Taiwan have legally changed their names to “Salmon” as part of a…
“# Coinbase effect and strong fundamentals send Polygon (MATIC) and Skale higher ” In previous bull markets, one of the most consistent price movers for cryptocurrency projects was being listed on Coinbase, a phenomenon that became known as the ‘Coinbase effect’. The recent announcement that Polygon (MATIC), SKALE (SKL) and SushiSwap (SUSHI) would be added…
“# Matic, xDAI (STAKE) and Loopring (LRC) rally as Ethereum gas fees rise ” The start of a new month has brought renewed fervor from the cryptocurrency market as Bitcoin (BTC) price steadily climbed from a low of $43,537 on Feb. 28 to a high of $49,200 during today’s early trading hours. As traders get…
“# Here are 6 DEX tokens that have seen exponential growth in 2021 ” DeFi has steadily grown in prominence over the past year thanks in large part to the strong foundations established by decentralized exchanges (DEX) that enable easy access to the latest tokens and projects. While there have been previous iterations of DEX…
“# Layer-2 race heats up as Loopring (LRC) price gains 430% in 2021 ” Cross-chain bridges and layer-two solutions have become an important topic of conversation in recent weeks as protocols compete to offer the best solution to skyrocketing transaction costs on the Ethereum network. While a lot of the focus in decentralized finance (DeFi)…
“# DEX goals diverge as SushiSwap (SUSHI) and Uniswap (UNI) rally to new highs ” Uniswap and SushiSwap have emerged as two of the top decentralized exchanges (DEXs) that are leading the current DeFi bull run higher. Despite a controversial start for SushiSwap, the last few months have seen it catching up to Uniswap in…