Community Outcry: SushiSwap Team Accused Of Plotting To Kill DAO And Seize Treasury |

Crypto, Crypto News, cryptocurrencies, Cryptocurrency, DAO, Decentralized Exchange, Decentralized Exchanges, DeFi, digital currency, Sushi, Sushiswap, SushiSwap news, SUSHIUSD, SUSHIUSDT

The decentralized exchange (DEX) and automated market maker (AMM) protocol SushiSwap has been at the center of a significant controversy as users and a former associate express their opposition to proposed governance changes.  The controversial proposal aims to transfer assets from the Decentralized Autonomous Organization (DAO)-controlled treasury to a new entity called “Sushi Labs,” while […]

DYdX Founder Calls Foul Play In $9 Million Insurance Fund Loss |

Decentralized Exchange, DeFi, dYdX,

Decentralized exchange (DEX) dYdX had to take out millions from its insurance fund to cover user liquidations on its platform. This action was forced after the recent liquidations in the Yearn.Finance (YFI) market. What Led To The $9 Million Insurance Fund Withdrawal? On Saturday, November 18, the Yearn.Finance’s governance token (YFI) witnessed a drastic 43% […]