Why SushiSwap’s 15% Gain Could Be The Beginning Of An Uptrend
Decentralized exchange (DEX) running on multiple networks, SushiSwap (SUSHI) currently moves in tandem with the general sentiment in the market. The token approached the $4 price point but started trending to the downside as Bitcoin was rejected above $45,000. Related Reading | How A Whitehat Hacker Saved 109K ETH On SushiSwap-Based Contract As of press time, SushiSwap trades at $3.5 with a 1.5% loss in the last 24-hours. SUSHI holders could benefit from a long-term bullish trend. Recently, developer 0xMaki shared a proposal to integrate SushiSwap with LayerZero via their first....
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Up 57% in two weeks and 40% in 30 days, SushiSwap (SUSHI) moves at its own beat. The decentralized finance (DeFi) token trends to the upside on the back of a potential integration with Stargate, the LayerZero implementation. Related Reading | Why SushiSwap’s 15% Gain Could Be The Beginning Of An Uptrend At the time of writing, SUSHI trades at $4.80 with a 14% profit in 24 hours. LayerZero is a communication protocol that enables direct interaction between different blockchains. Stargate is a bridge solutions running on top of it. By integrating with SushiSwap, the decentralized....
The current Bitcoin uptrend is undeniably strong, but according to a technical tool that directly measures the strength of an underlying trend, it now marks the second-most powerful in history. What’s potentially even more exciting for cryptocurrency investors, is that on higher timeframes, the same tool says the uptrend is only just getting warmed up. Trend Strength Tool Suggests Strongest Bitcoin Uptrend In History Is In The Making Bitcoin has barely experienced a noteworthy correction […]
Uniswap’s response to SushiSwap’s vampire mining attack is one of the most important moves in the DeFi space. Uniswap’s new UNI token has created a buzz in the DeFi world, with over 13,000 users claiming their tokens within three hours of its launch. This move was in response to SushiSwap’s decision to migrate almost $1 billion of funds from Uniswap through a “vampire mining” attack, which is the migration of an exchange’s funds/liquidity to another source.This move by SushiSwap essentially sparked one of the more important rivalries in decentralized finance, led by Sam Bankman-Fried, CEO....
Claims by a self professed white-hat hacker about a major security risk to SushiSwap liquidity providers have been rejected by one of the exchange’s devs. The developer behind popular decentralized exchange SushiSwap has rejected a purported vulnerability reported by a white-hat hacker snooping through their smart contracts.According to media reports, the hacker claimed to have identified a vulnerability that could place more than $1 billion worth of user funds under threats, stating they went public with the information after attempts to reach out to SushiSwap’s developers resulted in....
Bitcoin and the rest of crypto have been experiencing a strong uptrend since Black Thursday when markets nuked globally and no assets were safe from the carnage. And while a flip into a downtrend isn’t yet confirmed, a break in market structure at the very least puts the uptrend on thin ice. BTCUSD Break In […]