Late Wednesday, Joseph Delong, chief technology officer of SushiSwap, the 13th largest decentralized exchange, or DEX, by trading volume, tendered his immediate resignation from the role. Explaining his decision, Delong gave the following statement:"I wish Sushi the best and am saddened that Sushi is so imperiled within and without. The chaos that is occurring now is unlikely … [Read more...] about SushiSwap CTO resigns citing internal structural chaos
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BlockFi Ends Free Withdrawals for Some Coins, Citing High Ethereum Network Costs
BlockFi said in a Twitter post that the move will apply to ethereum, chainlink, PAXG, uniswap and BAT. As for bitcoin, litecoin and stablecoins, BlockFi noted that customers will continue receiving one free withdrawal per month. Additional withdrawals beyond that will incur fees that will vary by coin. Source link … [Read more...] about BlockFi Ends Free Withdrawals for Some Coins, Citing High Ethereum Network Costs
Bitwise Withdraws Bitcoin Futures ETF Filing, Citing Cost, Complexity
Bitwise Asset Management has withdrawn the application for its Bitcoin Futures exchange traded fund (ETF) citing what it said are the cost and complexity of such ETFs and that the company will instead focus its efforts on its spot Bitcoin ETF filing already in the pipeline. Source link … [Read more...] about Bitwise Withdraws Bitcoin Futures ETF Filing, Citing Cost, Complexity
Huobi Global to Expel Singapore Users, Citing Local Regulations
Crypto exchange Huobi Global will close the accounts of all Singapore-based users by March 31, 2022 to comply with local regulations, the exchange said in a statement on Tuesday.Huobi claims to be expanding its overseas presence to make up for expelling Chinese users, which represent half of its total user base and 30% of its revenue, according to co-founder Du Jun and Global … [Read more...] about Huobi Global to Expel Singapore Users, Citing Local Regulations