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Sushiswap Founder Reportedly Exit Scams as Sushi Token Price Tanks


The anonymous founder of Sushiswap has reportedly exit scammed after converting all of his sushi tokens to ETH on September 5. Reports of the alleged scam came a few after the sushi token, which forked from the Uniswap protocol, went up in value to $10 in just 24 hours. A Twitter user Spensernoon...

Brazil Dips a Cautious Toe in the CBDC Pool, Token May Debut in 2022


Brazil has become the latest nation to unveil plans for a central bank digital currency (CBDC), and may unveil the digital real in two years’ time – but the token’s would-be architects added an all-too-familiar, non-committal caveat. Per an official release from the Banco Central do Brazil (BCB)...

Polkadot Top 10 Redenomination Shot: Is the Token Now Bigger Than Chainlink?


The Polkadot token, which recently underwent a redenomination, has seen its value more than double in less than seven days. Now with a reported (but unverified) circulating supply of 897,657,920 tokens, the Dot token claims its place as the fifth-ranked token. At the time of writing, the token...

Defi Project Yearn Finance Smashes Records as Native Token Surpasses $30K


The decentralized finance (defi) crypto asset tied to the Yearn Finance project has smashed records this week, as the coin touched a high of $30,324 on Saturday evening. Yearn’s token YFI has been recently added to the Aave platform and the project’s founder, Andre Cronje, is currently...

Low-fee Cross-chain Token Swap Using Anyswap


The text below is an advertorial article that was not written by Cryptonews.com journalists. The Ethereum-based Uniswap is by far the most popular decentralized automated market maker (AMM) in terms of the trading volume. It is the top gas spender in the Ethereum ecosystem, with almost 7 million...

Link Token Enjoys Japanese Post-Listing Success, Says Chat App Line


Chat app giant Line says that its link token (LN) has exceeded 100 million yen (around USD 941,000) worth of transaction volumes on its crypto exchange – just six days after it began trading the coin. According to Hedge Guide, Line – which has some 81 million monthly active users per its...

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