Hacks
Nomad exploiter moves roughly $1.57M to Tornado Cash
The hacker sent 12 batches of 100 ETH to Tornado Cash, bringing the total transferred assets to 1,200 ETH — approximately $1.57 million.
Christian Nwobodo 2 min read
DEX News
The latest in decentralized exchange innovation, liquidity trends, and on-chain trading data.
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DEX
SushiSwap CEO proposes new tokenomics to survive liquidity crunch
Under the new tokenomics model, SushiSwap will introduce token burn, time-lock tiers, and stop revenue sharing with non-liquidity providers.
DEX
Uniswap V3 was the most used Ethereum contract in 2022
The latest iteration of the popular DEX was the largest gaz guzzler on Ethereum, using up over 2.8 million gas in 2022.
Latest DEX News & Analysis
DAOs
SushiSwap Head Chef discloses $5.2M budget for DAO operation in 2023
Over 80% of SushiSwap's $5.2 million budget was allocated to salaries, with its top contributors earning up to $500,000 annually.
Contributor
Analysis
Selecting a derivatives DEX: An overview & comparison
For the purposes of this article, we'll be looking broadly at these three measures: security and privacy, transaction and cost efficiency and lastly, token ecosystems and reward-generating offerings.
DEX
SushiSwap’s Jared Grey proposes to allocate 100% of xSUSHI revenue to Treasury
To extend Sushi's runway beyond the next 1.5 years, Grey proposed that 100% of Sushi's revenue should be allocated to the Treasury for the next 12 months.
Regulation
JP Morgan believes regulation will lead to convergence of crypto, TradFi
JP Morgan said regulation is coming to crypto following the FTX collapse and highlighted the importance of self-custody, asset security, and customer protection.
Exchanges
Vitalik Buterin, Coinbase, Kraken, Binance promote trustless CEXs
Amid waning user trust in exchanges in the wake of the FTX collapse, Buterin discusses how CEXs can cryptographically prove solvency.
Bankruptcy
Crypto asset management firm Ikigai ‘caught up in the FTX collapse’
The firm will continue to trade assets that are not trapped on FTX, despite uncertainty regarding the "timeline and potential recovery for FTX customers."
