💰 SushiSwap’s Jared Grey Unveils “10x Market Share” Plan
SushiSwap’s new initiatives for “revitalizing SushiSwap” will focus on scalability and sustainability. Grey’s announcement further stated: “by executing our vision, we intend to 10x our market share in 2023.”. Positioning Sushi as a market-leading, community-centric DEX via “deep liquidity, optimal pricing, sustainable tokenomics,” and a user-friendly platform. Maintaining a decentralized organizational structure to promote product autonomy via best principles like “self-custody, equitable governance, & permissionless trading.”. Implementing newly optimized tokenomics and improving liquidity, sustainability, community ownership, and DAO treasury diversification.
SushiSwap’s new initiatives for “revitalizing SushiSwap” will focus on scalability and sustainability. Grey’s announcement further stated: “by executing our vision, we intend to 10x our market share in 2023.”. Positioning Sushi as a market-leading, community-centric DEX via “deep liquidity, optimal pricing, sustainable tokenomics,” and a user-friendly platform. Maintaining a decentralized organizational structure to promote product autonomy via best principles like “self-custody, equitable governance, & permissionless trading.”. Implementing newly optimized tokenomics and improving liquidity, sustainability, community ownership, and DAO treasury diversification.
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Logan Paul has released a video explaining his 3-step plan for CryptoZoo, including a $1.3M rewards program for disappointed players.
In the video, Logan publicly thanks coffeebreak_yt for his work, explains that a full internal investigation is happening and the bad actors involved with his project will be held accountable.
In the video, Logan publicly thanks coffeebreak_yt for his work, explains that a full internal investigation is happening and the bad actors involved with his project will be held accountable.
💰 1inch Network enters the hardware wallet business
Decentralized exchange aggregator 1inch Network has developed a hardware wallet that aims to provide a secure device for crypto users to hold their assets. The hardware wallet will be a physical device that claims to offer a secure way to store users' private keys offline. 1inch's hardware wallet is undergoing its final stages of development and testing before being released for sale later this year, 1inch said in a statement shared with The Block. Once launched, it will compete with larger players in the hardware wallet niche, such as Ledger and Trezor. The 1inch Foundation-supported hardware wallet will have a 2.7-inch touch display. The wallet will be a wireless device, will run on a rechargeable battery, and users can sign transactions wireless using QR codes or NFC technology.
Decentralized exchange aggregator 1inch Network has developed a hardware wallet that aims to provide a secure device for crypto users to hold their assets. The hardware wallet will be a physical device that claims to offer a secure way to store users' private keys offline. 1inch's hardware wallet is undergoing its final stages of development and testing before being released for sale later this year, 1inch said in a statement shared with The Block. Once launched, it will compete with larger players in the hardware wallet niche, such as Ledger and Trezor. The 1inch Foundation-supported hardware wallet will have a 2.7-inch touch display. The wallet will be a wireless device, will run on a rechargeable battery, and users can sign transactions wireless using QR codes or NFC technology.
NFT blue-chip Azuki's new virtual city Hilumia touches physical and digital worlds
The blue-chip NFT project Azuki has launched a virtual city called Hilumia. Hilumia boasts a toy store, arcade center, gym and even a romance competition called "Love Island." The virtual city launched earlier this week to celebrate Azuki's one-year anniversary.
Hilumia is an interactive virtual city that is shaped by the community and will expand over time," the firm told The Block, adding that its native Physical Backed Token (PBT) threads its ecosystem together. "PBT will also play a part in how Azuki bridges digital and physical. For example, the owners of the physical golden skateboard, upon scanning the PBT, will be enshrined in the Ruins. Azuki universe, connected to Hilumia and the bustling marketplace called Alley.
The blue-chip NFT project Azuki has launched a virtual city called Hilumia. Hilumia boasts a toy store, arcade center, gym and even a romance competition called "Love Island." The virtual city launched earlier this week to celebrate Azuki's one-year anniversary.
Hilumia is an interactive virtual city that is shaped by the community and will expand over time," the firm told The Block, adding that its native Physical Backed Token (PBT) threads its ecosystem together. "PBT will also play a part in how Azuki bridges digital and physical. For example, the owners of the physical golden skateboard, upon scanning the PBT, will be enshrined in the Ruins. Azuki universe, connected to Hilumia and the bustling marketplace called Alley.
🪙 PancakeSwap Plans v3 Upgrade in 2023 Roadmap
PancakeSwap is looking to assert its dominance on BNB Chain and continue its multichain expansion in 2023. Check out the DEX's new Roadmap. According to a newly updated Roadmap for 2023, PancakeSwap has ambitious plans beginning in the first quarter of the year, including a v3 Swap & Liquidity Upgrade, Smart Router Upgrade, Market Maker Integration, and continuing Multichain Expansion.PancakeSwap is a Decentralized Exchange (DEX) built on BNB Chain and available multichain on Ethereum and Aptos. It offers users various features such as Liquidity Pools (LPs), swapping, yield farming, Syrup Pools, an Automated Market Maker, Initial Farm Offerings (IFOs), an NFT profile system, and other tools. In addition, the protocol helps users make the most out of their crypto assets by trading, earning through yield farming, and winning via lottery, prediction, and NFT collectibles. With the highest trading volumes in the market, PancakeSwap is the leading DEX on BNB Chain.
PancakeSwap is looking to assert its dominance on BNB Chain and continue its multichain expansion in 2023. Check out the DEX's new Roadmap. According to a newly updated Roadmap for 2023, PancakeSwap has ambitious plans beginning in the first quarter of the year, including a v3 Swap & Liquidity Upgrade, Smart Router Upgrade, Market Maker Integration, and continuing Multichain Expansion.PancakeSwap is a Decentralized Exchange (DEX) built on BNB Chain and available multichain on Ethereum and Aptos. It offers users various features such as Liquidity Pools (LPs), swapping, yield farming, Syrup Pools, an Automated Market Maker, Initial Farm Offerings (IFOs), an NFT profile system, and other tools. In addition, the protocol helps users make the most out of their crypto assets by trading, earning through yield farming, and winning via lottery, prediction, and NFT collectibles. With the highest trading volumes in the market, PancakeSwap is the leading DEX on BNB Chain.
A few weeks ago, a Twitter user by the name of "LittleShapesNFT" announced that he had woken up from a coma, only to realize that he had lost $100K in the FTX implosion.
There was a lot of skepticism regarding his story, but LittleShapesNFT followed up with proof including medical bills.
In the latest twist to the story, it appears that LittleShapesNFT wife has cheated on him with his friends in the NFT industry.
He now says that he has nothing to lose anymore and is "going nuclear."
There was a lot of skepticism regarding his story, but LittleShapesNFT followed up with proof including medical bills.
In the latest twist to the story, it appears that LittleShapesNFT wife has cheated on him with his friends in the NFT industry.
He now says that he has nothing to lose anymore and is "going nuclear."
✖️Crypto Analysts Warn Against Shorting DYDX Ahead of $200M Token Unlock
Perpetuals-focused decentralized exchange dYdx is set to unlock 150 million or about $200 million worth of its native token, DYDX, on Feb. 2, which could be a potential shorting opportunity for traders. The supply release, however, isn't necessarily bearish, some analysts said, cautioning against making short bets in the derivative market tied to the cryptocurrency. "While the upcoming token unlocks will give venture capitalists who invested in the project access to part of their token allocation, the market feels they will more likely hold instead of sell, continuing to show support for DYDX and signaling their commitment to the community that they are here for the long term," said Charles Storry, head of growth at Phuture, a crypto index platform.
Perpetuals-focused decentralized exchange dYdx is set to unlock 150 million or about $200 million worth of its native token, DYDX, on Feb. 2, which could be a potential shorting opportunity for traders. The supply release, however, isn't necessarily bearish, some analysts said, cautioning against making short bets in the derivative market tied to the cryptocurrency. "While the upcoming token unlocks will give venture capitalists who invested in the project access to part of their token allocation, the market feels they will more likely hold instead of sell, continuing to show support for DYDX and signaling their commitment to the community that they are here for the long term," said Charles Storry, head of growth at Phuture, a crypto index platform.
Seoul Government Launches Its First Metaverse Project Officially
2022 was not a fruitful year for metaverse adoption and developments. Many of us have even considered that meta-hype is almost dead. Nonetheless, top companies from various ecosystems began filing for metaverse trademarks during its peak.
The metaverse community is enthralled with positive news as the Seoul Metropolitan Government has launched the Metaverse Seoul project. The project will provide residents of South Korea’s capital city with virtual access to city services. allowing them to virtually visit many of Seoul’s attractions, file certain complaints, access official documents, and receive answers to questions about filing municipal taxes.
2022 was not a fruitful year for metaverse adoption and developments. Many of us have even considered that meta-hype is almost dead. Nonetheless, top companies from various ecosystems began filing for metaverse trademarks during its peak.
The metaverse community is enthralled with positive news as the Seoul Metropolitan Government has launched the Metaverse Seoul project. The project will provide residents of South Korea’s capital city with virtual access to city services. allowing them to virtually visit many of Seoul’s attractions, file certain complaints, access official documents, and receive answers to questions about filing municipal taxes.
🪙 Uniswap Detected Bug Doesn’t Refund Unspent ETH In Partial Swaps
A developer found a bug in the Uniswap core contract SwapRouter, and the unspent ETH in the transaction will remain in the SwapRouter contract and will not be refunded. The developer said the vulnerability was discovered in December last year but was rejected by Uniswap security. The developer said the vulnerability was discovered but was rejected by Uniswap security researchers after submitting a bug report. The bug allows users to lose funds while interacting with the contract in the standard way. Additionally, SwapRouter allows anyone to withdraw ETH from the contract; it could be an MEV bot or anyone calling for refunds after the transaction. This bug was established due to Uniswap’s decision to introduce the Universal Router, which combines NFTs and ERC-20 tokens into a single swap router.
A developer found a bug in the Uniswap core contract SwapRouter, and the unspent ETH in the transaction will remain in the SwapRouter contract and will not be refunded. The developer said the vulnerability was discovered in December last year but was rejected by Uniswap security. The developer said the vulnerability was discovered but was rejected by Uniswap security researchers after submitting a bug report. The bug allows users to lose funds while interacting with the contract in the standard way. Additionally, SwapRouter allows anyone to withdraw ETH from the contract; it could be an MEV bot or anyone calling for refunds after the transaction. This bug was established due to Uniswap’s decision to introduce the Universal Router, which combines NFTs and ERC-20 tokens into a single swap router.
💰 Sushi DAO implements proposal to direct all trading fees to treasury
Sushi DAO is set to implement a governance action that will see all fees generated by the SushiSwap decentralized exchange diverted to the DAO’s treasury, following the results of its latest vote on Monday. unlike the previous one which was a tight contest. Sushi’s new “Kanpai” ratio now goes into effect following the vote. Kanpai is SushiSwap’s fee-diversion protocol. It enables the DAO to determine how much of the exchange’s trading fees can be sent to the treasury. The default Kanpai ratio is 10% but this vote has now raised the figure to 100%. the Kanpai ratio should revert to its original form on Dec. 19, 2023, unless a new tokenomics model is adopted before then. Sushi token holders will not receive rewards from trading fees during this period.
Sushi DAO is set to implement a governance action that will see all fees generated by the SushiSwap decentralized exchange diverted to the DAO’s treasury, following the results of its latest vote on Monday. unlike the previous one which was a tight contest. Sushi’s new “Kanpai” ratio now goes into effect following the vote. Kanpai is SushiSwap’s fee-diversion protocol. It enables the DAO to determine how much of the exchange’s trading fees can be sent to the treasury. The default Kanpai ratio is 10% but this vote has now raised the figure to 100%. the Kanpai ratio should revert to its original form on Dec. 19, 2023, unless a new tokenomics model is adopted before then. Sushi token holders will not receive rewards from trading fees during this period.
The recent launch of OpenAI’s AI chatbot ChatGPT has raised alarms within Google, according to reports from The New York Times.
The famed newspaper says Google has plans to “demonstrate a version of its search engine with chatbot features this year” and unveil more than 20 projects powered by artificial intelligence.
Google has recently announced it’s laying off more than 12,000 employees and focusing on AI as a domain of primary importance.
The famed newspaper says Google has plans to “demonstrate a version of its search engine with chatbot features this year” and unveil more than 20 projects powered by artificial intelligence.
Google has recently announced it’s laying off more than 12,000 employees and focusing on AI as a domain of primary importance.
Porsche has dropped an NFT collection, but as of this post has only sold 1,160 out of the available 7,500 items.
The secondary price has now fallen under the mint price as well, not a good sign for the automotive giant.
The NFT community has been very vocal about the mint price, suggesting that it is way too high for today's market considering the supply.
The secondary price has now fallen under the mint price as well, not a good sign for the automotive giant.
The NFT community has been very vocal about the mint price, suggesting that it is way too high for today's market considering the supply.
💰 Early vote shows strong support for deploying Uniswap on BNB Chain
A proposal to deploy decentralized exchange Uniswap v3 on the BNB Chain has passed an early temperature check and will now be put up for a full governance vote on the Uniswap DAO. Data from Snapshot shows 80% of the 6,495 wallets that participated in the preliminary polls. Following the vote, the proposal will now move to a full governance vote. The proposal, put up 0xPlasma Labs, seeks to deploy Uniswap v3 on BNB Chain, with Celer selected as the preferred bridge protocol. Bridges enable users to send crypto tokens across different blockchain networks. 0xPlasma Labs stated that the Uniswap community stands to gain significant benefits from the move. BNB Chain currently ranks as the third largest blockchain network for DeFi in terms of total value locked, according to DeFiLlama.
A proposal to deploy decentralized exchange Uniswap v3 on the BNB Chain has passed an early temperature check and will now be put up for a full governance vote on the Uniswap DAO. Data from Snapshot shows 80% of the 6,495 wallets that participated in the preliminary polls. Following the vote, the proposal will now move to a full governance vote. The proposal, put up 0xPlasma Labs, seeks to deploy Uniswap v3 on BNB Chain, with Celer selected as the preferred bridge protocol. Bridges enable users to send crypto tokens across different blockchain networks. 0xPlasma Labs stated that the Uniswap community stands to gain significant benefits from the move. BNB Chain currently ranks as the third largest blockchain network for DeFi in terms of total value locked, according to DeFiLlama.
✖️ DYdX pushes back $156 million of token unlocks for investors to December from February
Decentralized exchange dYdX delayed its token unlocks for investors to Dec. 1 from Feb. 3, according to a note sent out to investors obtained by The Block. The exchange was set to release 150 million tokens ($282 million) to investors, community members and the project’s treasury next month.Under the new schedule, the 83 million tokens — 30% of the 277 million tokens destined for investors in total — will be unlocked On Dec. 1, according to the note. After that happens, 40% of the total tokens will unlock monthly over the following six months, then 20% over the following year and 10% the year after that. DYdX is currently based on StarkEx, a zero-knowledge proof-powered layer running on top of Ethereum.
Decentralized exchange dYdX delayed its token unlocks for investors to Dec. 1 from Feb. 3, according to a note sent out to investors obtained by The Block. The exchange was set to release 150 million tokens ($282 million) to investors, community members and the project’s treasury next month.Under the new schedule, the 83 million tokens — 30% of the 277 million tokens destined for investors in total — will be unlocked On Dec. 1, according to the note. After that happens, 40% of the total tokens will unlock monthly over the following six months, then 20% over the following year and 10% the year after that. DYdX is currently based on StarkEx, a zero-knowledge proof-powered layer running on top of Ethereum.