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Golden Tree, an asset management firm, took a $5.3 million token stake in SushiSwap. Following this development, the SushiSwap token saw immense growth over the past 24 hours.
Coinspeaker GoldenTree Takes $5.3M Stake in SushiSwap, Outlines Working Strategy for Decentralized Exchange
SUSHI fetched a monthly high following GoldenTree's investment.
A popular crypto analyst is updating his outlook on Bitcoin (BTC), Dogecoin (DOGE), and an altcoin that has skyrocketed over the last day. Pseudonymous analyst Altcoin Sherpa tells his 184,000 Twitter followers that he doesn't think the king crypto is currently at a level where it's a good investment.
The governance token went from $1.10 to $1.31 but is still down 95% from its all-time high.
Decentralized exchange's token spikes suddenly while giving some obvious signs on-chain
GoldenTree Asset Management has invested roughly $5.3 million in SUSHI, the governance token of the decentralized finance protocol SushiSwap.
Big money's involvement has lifted investor confidence, but it also raises questions as to just how decentralized SushiSwap really is.
The Sushi 2.0 roadmap, upcoming cross-chain integrations, and updated tokenomics have attracted the eyes of some big investors. The post SUSHI Price Jumps 20% As Global Asset Manager Reveals $5.3M Investment in SushiSwap appeared first on BeInCrypto.
GoldenTree said in a SushiSwap forum post on Wednesday that it has invested roughly $5.2 million in the SushiSwap governance token. The business, which oversees roughly $47 million in assets, claimed to have been “following sushi for a while” and was “psyched to be more engaged in all things sushi” with the launch of its
The credit-focused firm has been ramping up its commitment to cryptocurrency, unveiling a new investment manager and fund in recent months.
Asset management firm GoldenTree has taken a $5 million stake in the governance token for SushiSwap. The post Asset manager GoldenTree reveals $5.3 million stake in SushiSwap token appeared first on The Block.
Decentralized finance's (DeFi's) reign as a crypto-libertarian tool of bypassing government control of finance took another step toward the ash heap of history this week as a leading DeFi project moved to incorporate in Panama.
According to LunarCrush's data, SushiSwap experienced its best hourly interaction in the past 90 days, with over nine million users actively participating. The election of a new “head chef,” or chief executive, by the decentralized autonomous organization (DAO) responsible for the SushiSwap protocol, sparked this level of participation.
Following months of uncertainty and discussions, the SushiSwap community has elected a new “head chef”. Jared Grey, the former CEO of defunct crypto exchange Bitfineon and decentralized financial services ecosystem EONS, will serve as the leader of the decentralized autonomous organization (DAO).
After months of uncertainty and speculation, the SushiSwap community finally elected a new CEO to lead the decentralized exchange. The new CEO, Jared Grey, has pledged to help the decentralized exchange move past one of its most tumultuous periods and help it scale significantly.
Outside lawyers have told SushiSwap to restructure around legal entities. In the wake of Ooki, will the DAO listen?
SushiSwap gets a new "head chef", but will it be enough to revive the ailing project which has seen a drop in value from $50 million to just $17 million in six months? The post SushiSwap Price Jumps 6%: Can New ‘Head Chef' Revive Ailing SUSHI Fortunes?
Jared Grey, a blockchain consultant and former CEO of EONS, has been appointed as the new Sushi Head Chef following an on-chain vote. The post New Sushi Head Chef promotes asset-backed tokens, receives 83% of vote appeared first on CryptoSlate.
CEO Jared Grey plans to work out the kinks associated with Sushiswap's internal structure that may have prompted departures in the past.
The Sushi DAO has voted to elect former Eons Finance CEO Jared Grey as the new Head Chef of the decentralized finance project. The post Sushi DAO votes Jared Grey as new ‘Head Chef' appeared first on The Block.
San Francisco, United States, 28th September, 2022, Chainwire Sushi completes deployment to the Kava blockchain with a liquidity pool eligible for KAVA and SUSHI token rewards. Earlier this year, Kava shook up the L1 industry with its Ethereum Co-Chain launch, sparking the fastest growth of protocols on any blockchain in 2022.
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
