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SushiSwap's founder, Chef Nomi, returned $ 13 million after being labeled a scam

12 Sep 2020 1 minute read 3 comments HenryDo

SushiSwap founder Chef Nomi withdrew all of the project's creative development fund to 38,000 Ethereum on September 7, and transferred control to Sam Bankman-Fried of FTX Exchange. But today, Chef Nomi appeared and returned the full amount to the Su...

BITCOIN locked in DeFi skyrocketed by 30%

12 Sep 2020 1 minute read 5 comments HenryDo

DeFi users pumped more than 20,000 Bitcoins into DeFi projects last week, which shows that DeFi's bull run is not over yet. The amount of BTC locked up in decentralized financial projects (DeFi) has increased by more than 30% in the past week, althou...

Is the Bitcoin market preparing for another brutal price drop?

11 Sep 2020 1 minute read 3 comments HenryDo

A well-known cryptocurrency analyst has said that Bitcoin's recent drop from $ 12,000 to $ 10,000 is warning traders and enthusiasts to "buy when the price falls" that Bitcoin's price is likely to fall " field "in the future. The anonymous industry...

A Defi project is gone with $ 20 million in investor equity just two days after launch

11 Sep 2020 1 minute read 0 comments HenryDo

  Cryptowhale - a crypto investor and analyst - tweeted about a classic but dramatic scam, allegedly by Yfdex.Finance (Yfdex).  Currently, Yfdex's official channels on Telegram and Twitter have been taken down. The protocol's website as well as the...

Chainalysis: Cryptocurrencies that make Africans happier

11 Sep 2020 1 minute read 0 comments HenryDo

According to blockchain analysis firm Chainalysis, Africans are slowly turning to using cryptocurrencies to avoid the high fees and volatility of domestic fiat currencies. The use of fiat currencies to move to and from Africa has increased by 55% com...

USDC supported on Algorand Blockchain, ALGO price increased by 20%

10 Sep 2020 1 minute read 0 comments HenryDo

The Center's USDC stablecoin is currently backed by the Algorand blockchain, the second blockchain to support stablecoins. USDC is the second largest stablecoin after Tether with over 7% of the global market share, and although USDC is less popular t...

More than $ 800 million is being transferred from Uniswap to SushiSwap

10 Sep 2020 1 minute read 1 comment HenryDo

More than $ 800 million has been deposited into the liquidity pool on decentralized cryptocurrency exchange Uniswap, which is currently being transferred to SushiSwap. With the move led by SushiSwap, if there is nothing unusual, the overall liquidity...

Tether escaped Ethereum to play with Solana's Blockchain, SOL price flew nearly 50%

10 Sep 2020 1 minute read 2 comments HenryDo

According to recent information, current number one stablecoin issuer Tether has launched USDT on the Solana blockchain. The reason Tether set foot on the Solana blockchain is because of its faster transaction speed and cheaper fees than Ethereum. S...

Messari: Many DeFi Coins are going 'underground'

10 Sep 2020 1 minute read 0 comments HenryDo

The strong dump of bitcoin and the cryptocurrency market recently devastated the DeFi market, with 95% of DeFi Coin declining in the past seven days. The DeFi market is witnessing a massive decline in coins in many of today's top DeFi projects, with...

Chainalysis: Vietnam is among the top 10 countries in terms of cryptocurrency adoption index

9 Sep 2020 1 minute read 0 comments HenryDo

According to new research from Chainalysis, Ukraine has beaten Russia, China and many other countries in terms of crypto adoption index by 2020. In recent statistics released by blockchain data analytics firm Chainalysis, the Global Crypto Adoption...