SushiSwap refutes reports of a $1 billion glitch
One of the exchange’s developers has dismissed claims made by a self-described white-hat hacker regarding a major security risk to SushiSwap liquidity providers. A alleged vulnerability revealed by a white-hat hacker probing through SushiSwap’s smart contracts has been dismissed by the developer behind the popular decentralized exchange. According to media reports, the hacker claimed to […]
SushiSwap Co-Founder 0xMaki Steps Down
0xMaki, a SushiSwap co-founder and project leader, has stepped aside from his position as the de facto leader of the decentralised finance initiative. Sushi’s co-founder opened up about the toll that running the exchange had put on his personal life in an honest blog post published on Medium. As stated in a tweet and a […]
MISO, SushiSwap’s token launchpad, hacked for $3 million
After receiving no response from the suspected hacker, SushiSwap’s CTO will instruct their lawyer to “file an IC3 complaint with the FBI.” A hacker gained access to the supply chain of SushiSwap’s token launchpad platform, MISO, according to Joseph Delong, chief technology officer of the decentralized finance (DeFi) platform. “An anonymous contractor with the GH […]
Several leading DeFi projects launch a $100 million worldwide adoption initiative
The DeFi program, which is based on the Celo ecosystem, was launched in response to the lack of inclusion and accessibility in the traditional financial markets, which it recognized. A consortium of major decentralized finance (DeFi) protocols today launched a joint $100 million financial inclusion endeavor named “DeFi for the People.” The initiative is the […]
SushiSwap narrowly escapes becoming the latest DeFi hack victim
SushiSwap could have lost 109,000 ETH due to a weakness in a Dutch auction smart contract discovered by the security researcher. Thanks to the help of a white hat hacker, the SushiSwap decentralised exchange narrowly escaped becoming the latest DeFi breach victim. SushiSwap and its MISO platform were saved from a potential loss of up […]