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Uniswap fork SushiSwap has crossed $700 million in total value locked within three days of the project announcement

SushiSwap founder transfers the project control to FTX CEO

Chef Nomi, the anonymous founder behind the viral decentralized finance (DeFi) project SushiSwap, has transferred the project control to FTX CEO Sam Bankman-Fried. The decision comes soon after Nomi faced intense criticism from the DeFi community for converting a portion of SUSHI tokens, meant for the development of the SushiSwap ecosystem, to ether (ETH) yesterday. …

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Third Centra Tech Founder Pleads Guilty to ICO Fraud

Third Centra Tech Founder Pleads Guilty to ICO Fraud

U.S. prosecutors have secured a guilty plea from Sohrab Sharma, a co-founder of the Centra Tech initial coin offering (ICO) fraud. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of …

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Bitcoin is experiencing ‘Goldilocks’ volatility, says B2C2 founder

Bitcoin is experiencing ‘Goldilocks’ volatility, says B2C2 founder

Bitcoin’s price may not be as high as some investors would wish – but the digital asset’s volatility is perfect for high-speed traders, according to an executive at one UK-based trading firm.  In an interview with The Block on Monday, B2C2 founder Max Boonen said bitcoin’s volatility has hit a sweet spot for market-making firms. …

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