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DeFi

SushiSwap CEO Jared Grey inside of box full of SUSHI coins
Altcoins
Sushi (SUSHI) CEO Proposes Redirecting Fees Paid to Stakers to Treasury to ‘Save Project’

Jared Grey’s proposal reveals that Sushi’s treasury has less than 1.5 years of runway left.

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A cartoon human wearing astronaut suit walking on moon
Altcoins
Avalance (AVAX) DEX Trader Joe (JOE) to Deploy on Ethereum’s Arbitrum in First Expansion Move

The decentralized exchange will deploy its Liquidity Book automated market maker (AMM) and Joe V1 in the next month.
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Two human hands pointing up wearing cartoon sleaves
Altcoins
MakerDAO (MKR) Votes to Increase DAI Rewards from 0.01% to 1%

MakerDAO has voted in favor of a proposal to increase its flagship stablecoin DAI rewards from 0.01% to 1%.
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Uniswap launches NFT marketplace aggregator
NFTs
Uniswap (UNI) Launches NFT Marketplace Aggregator, Airdrops $5M

The decentralized exchange’s aggregator supports the largest NFT marketplaces like OpenSea, X2Y2, LooksRare, and others.
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Phantom logo in front of polygon logo with Ethereum logo inside
FTX News
Solana’s Self-Custodial Crypto Wallet Phantom Going Multichain with Ethereum and Polygon

This new Phantom multichain update will be available on desktop, iOS, and Android devices.

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Woman with glasses crosing fingers in front of face
Altcoins
MakerDAO (MKR) Rejects Proposal to Invest Up to $500M in Bonds, Votes on Increasing DAI Rewards

Almost 73% voted against CoinShares’ proposal to invest $100-$500 million in U.S. bonds.

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Satelite leaving behind yellow trail at outer space above a planet
Altcoins
Kaiko Releases New Data Tool for Tracking Ethereum DeFi Protocols

The new DeFi data product will track five distinctive transactions in the Aave, Compound, and MakerDAO protocols.

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Human in front of a garage door with Bitfront logo on it
Exchanges
Japanese Crypto Exchange Bitfront Shuts Down Amidst Worsening Market Conditions

This development has led to crypto exchange Bitfront suspending new signups and credit card payments.
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Ghosts around a hole on a ground purple sky
Altcoins
Aave (AAVE) Freezes 17 Low-Liquidity Asset Pools in Effort to Prevent Attacks

The move comes after the $116 million Mango Markets exploiter Avraham Eisenberg tried to do a similar trick on Aave.
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A robot with human face looking at a Curve logo with crypto coin inside
Stablecoins
Curve Finance (CRV) Releases New Details About Its Upcoming Decentralized Stablecoin

crvUSD will use a new model called a lending-liquidating AMM algorithm (LLAMMA) to help manage potential collateralization risks.
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NFTs
The Levana GameFi Ecosystem Is Separating from the DeFi Offering

Future of the Levana GameFi ecosystem as the team plans to separate it completely from the Decentralized Finance (DeFi) offering.
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A white unicorn near a pink earth like disco ball
Altcoins
Uniswap Labs Releases Privacy Policy, Says It Collects Data Related to Wallets, Devices, and Browsers

Developer of Uniswap said it will use the collected data to make the product better and screen for illicit activity.
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Alex Machinsky with a tiny judge on his head and black smoke
Exchanges
US Court Approves Proof-of-Claim Deadline For Celsius Network Victims

The court has sanctioned January 3, 2023, as the bar date for the defunct cryptocurrency loan firm Celsius.

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Binance With Blockchain Startups Invites to Web3 Summit in Lithuania
NFTs
Fintech Hotspot, Lithuania, to Host Web3 Summit – Binance Among Sponsors

Blockchain businesses and law professionals are organizing a "WEB3: Impact the Future" summit.
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Press Releases
KEY3.id Has Reached a Combined 60,000 in Their Social Communities Within 1 Week After Its’ Launch

Amid crypto market bearish turmoil, KEY3.id has reached a combined 60,000 in their social communities within just 1 week of
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Deribit Hackers Move Stolen Ether (ETH) to the Blacklisted mixing service, Tornado Cash
Exchanges
DFX Finance Hacked for $4M – Attacker Moves Funds Through Tornado Cash

The decentralized exchange has paused all of its smart contracts. Its native token DFX crashed by 34% on the news.
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Polygon (MATIC)
Floki to Provide FlokiFi Locker Services to Polygon to Securely Lock Digital Assets

With FlokiFi locker, Polygon projects will be able to demonstrate that security mechanisms are in place for their users.
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sam-bankman-in-the-shadows_diary_book_story_beam_web Alameda FTX Crisis
FTX News
The Untold Story of the Alameda-FTX Crisis That Nearly Brought Down the Crypto Market

Research by CoinMetrics shows that Alameda exploded in the second quarter, but substantial funding from FTX kept it in business.
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Bebop launches on Polygon (MATIC)
Exchanges
Wintermute-Backed Decentralized Exchange Bebop Launches on Polygon

The new decentralized exchange offers its signature feature that allows users to trade multiple tokens in one trade.

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Ethos Recovery Token
Altcoins
Ethos Announces Recovery Token Program For Those Affected By Voyager Collapse

Voyager creditors will be eligible to receive ETHOS tokens.

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