Category: Altcoins

On Sep. 14, the multi-signature signatories behind SushiSwap — the controversial Uniswap fork that has become one of the largest Ethereum coins and apps within two weeks of its launch — bought back around $14 million worth of SUSHI. As reported by CryptoSlate, what happened was that the pseudonymous co-founder of the project sold a…

Decentralized finance has undoubtedly grown exponentially over the past few months, with the value of DeFi coins and the value of cryptocurrency locked in these contracts simultaneously going parabolic. What’s crazy is that DeFi went months without a hack or a major bug that resulted in a loss of user funds despite a strong uptick…

It appears that decentralized finance (DeFi) has not peaked despite a deluge of scammy projects and clear copy-cats of popular protocols. Just recently, a new .finance project launched with the name of Pickle. Despite it being named after a food and having the logo of Pickle Rick from Rick and Morty, Pickle — or Pickle…

For the past few months, decentralized finance (DeFi) has blown up. Coins pertaining to the space have rallied exponentially while the value of cryptocurrency locked in DeFi contracts has similarly skyrocketed. The thing is, most of this growth has been relegated to Ethereum — and Ethereum only. Other blockchains lacked the developers, users, and capital…

If you were around during the crypto bull market of 2017 and early 2018, you likely remember the name “Aelf.” At its highs in early 2018, the coin reached a market capitalization in excess of $600 million. This made it one of the most notable crypto assets at the time. But since then, like a…

Most decentralized finance forks are either controversial or have failed. SushiSwap, which was forked from Uniswap by a pseudonymous developer, has come under fire after the founder withdrew millions worth of capital he wasn’t supposed to. The forks of Yam, a community governance coin that has itself been the subject of controversy, have withered into…