Arabic AR Chinese (Simplified) ZH-CN English EN French FR German DE Japanese JA Portuguese PT Russian RU Spanish ES Turkish TR
Connect with us

Hi, what are you looking for?


Project lead behind $2.8 billion DEX Sushiswap is set to step down

An anonymous leader at decentralized exchange protocol Sushiswap — Maki — is set to step aside from his position with the project, according to a well-placed source. 

Sushiswap gatecrashed the so-called decentralized finance space last summer, piggybacking on the success of predecessors like Uniswap. DEXes provide a way for crypto traders to swap tokens peer-to-peer. Such venues have seen their volumes surge over the last year as traders flock to platforms with less regulatory oversight and more tokens than centralized counterparts.

It is not exactly clear why Maki — who effectively is the most important person in the Sushi ecosystem — is leaving. Decentralized networks are governed by a community of participants versus a corporate board and can have an impact on the makeup of protocol leadership. 

Maki’s address has been removed from the operations multisig, indicated by this transaction on the blockchain, but not the treasury multisig.

Volumes on Sushiswap have leveled off after surging in May 2021. In August, the protocol saw traders swap $10.2 billion worth of tokens. 




Worldwide music and entertainment giant Warner Music Group (WMG) has joined forces with OpenSea to introduce dedicated landing pages for their artists. The WMG roster will...


Though the recent months haven’t been very good for the crypto industry, this could not deter some crypto investors from being bullish about this...


The down-trending market that took its resistance from $1.35134 on the 10th of September did not go too far before it begins to face...

Crypto News

Robinhood, a leading investment app, has rolled out its newest product — a crypto wallet that charges zero transaction fees to its users. For...