Jared Grey News

15.02 / 10:49

defi DEX Derivatives Sushi’s Decentralized Derivatives Exchange Susa to Launch on Layer N

Sushi is preparing to launch its new decentralized derivatives exchange Susa on the Layer N platform. This initiative plans to address current performance challenges in decentralized finance.

28.11 / 16:42

Provident CEO Platform Align stage innovations SushiSwap CEO Proposes New Token Model

SushiSwap CEO Jared Grey has initiated a pivotal proposal titled «Deploy new tokenomics for Sushi.» This initiative, which seeks to overhaul the platform's existing token economic model, has now entered the crucial stage of community voting on Snapshot. The voting process, critical for determining the future course of SushiSwap, began recently and is set to conclude on November 25, 2023, at 1:00.

17.11 / 07:53

Blockchain Ethereum defi Decentralized Exchange Bitcoin Options decentralized marketplace Bitcoin Sushi taps into ZetaChain to begin testing native Bitcoin DeFi swaps

DeFi platform Sushi has partnered with interoperability platform ZetaChain to explore the possibility of native Bitcoin swaps for its users across 30 different blockchain networks.

10.04 / 13:09

Blockchain Ethereum Hackers hacks Cybersecurity security SushiSwap Exploit Community on SushiSwap exploit: The $3.3 hack is 'weird’

Decentralized finance (DeFi) protocol SushiSwap recently suffered an exploit due to a smart contract bug leading to over $3 million in losses. Members of the crypto community responded to the hack, with some thinking that there was something fishy about the hack.

10.04 / 08:47

Hack defi Decentralized Exchange SushiSwap SushiSwap Exchange Suffers Major $3.3 Million Smart Contract Hack – Here's What Happened

Popular decentralized exchange (DEX) platform SushiSwap has suffered more than $3.3 million in losses after a hacker exploited a bug in a smart contract.

09.04 / 15:45

Blockchain defi Hackers hacks DEX Cybersecurity security BUG Exploit SushiSwap approval bug leads to $3.3 million exploit

A bug on a smart contract on the decentralized finance (DeFi) protocol SushiSwap led to over $3 million in losses in the early hours of April 9, according to several security reports on Twitter.

09.04 / 11:51

Blockchain Ethereum Provident CEO Assurant Pool BUG SushiSwap: Router processor bug causes loss of millions, details inside

On 9 April, numerous reports surfaced about a bug in a SushiSwap [SUSHI] feature that had already caused the loss of millions of dollars. Jared Gray, the CEO of SushiSwap, later verified the report and outlined the necessary measures to rectify the situation.

09.04 / 02:39

Law regulation SEC Decentralization DAO investigation Sushi’s head chef addresses community concerns amid SEC subpoena

Japan-based decentralized autonomous organization (DAO) Sushi's head chef Jared Grey and his counsel stated that as far as they know, no one associated with Sushi has violated U.S. federal security laws, while providing reassurance that he is cooperating with the United States Securities and Exchange Commission (SEC) subpoena.

08.04 / 12:35

Twitter SEC CEO Platform SushiSwap V3 announced amidst SEC subpoena: How did SUSHI react?

The CEO of SushiSwap [SUSHI], Jared Grey, divulged details about a major upgrade related to the decentralized exchange (DEX) on 7 April.

22.03 / 19:35

Blockchain SEC CEO CoinMarketCap Evaluating SushiSwap’s [SUSHI] renewed tenacity amid possible tribulation

Between 21 March and the time of writing, activities on the SushiSwap [SUSHI] protocol remained increasingly steadfast. Surprisingly, this has been the case despite a recent revelation that the Automated Market Maker (AMM) could face the wrath of the ever-lurking SEC.

21.03 / 23:19

regulation SEC DAO SushiSwap Sushi sets up legal defense fund after SEC subpoenas head chef Jared Grey and DAO itself

Sushi DAO proposed the creation of a legal defense fund March 21 in response to the “recent” subpoena of Sushi head Jared Grey and the decentralized autonomous organization (DAO) itself by the United States Securities and Exchange Commission (SEC).

15.02 / 01:51

Provident CEO Compilation Adventure recovery The DeFi space is on a path of steady recovery as good actors

The harm that was inflicted by the collapse of major cryptocurrency ecosystems in the previous year is on its way to making a gradual comeback as positive actors take aggressive initiatives to reestablish investors' faith. Principal participants from the ecosystem of decentralized finance (DeFi) got together to discuss the benefits of running trustless, interoperable, and permissionless systems.

07.02 / 16:05

Adoption defi Aave Decentralization MakerDAO SushiSwap defi protocols DeFi protocols unite to promote permissionless Web3 experiences

The damages caused by the fall of major crypto ecosystems in the last year are on a path of steady recovery as good actors take proactive measures to rebuild trust among investors. Major players from the decentralized finance (DeFi) ecosystem came together to showcase the incentive behind operating trustless, interoperable and permissionless platforms.

24.01 / 19:09

Blockchain defi Altcoin SushiSwap SushiSwap passes 100% fee relocation, 10.9M SUSHI clawback proposals

According to a governance proposal passed on Jan. 23, decentralized exchange (DEX) SushiSwap will soon redirect 100% of trading fees on the platform to its treasury for operations and maintenance for one year's duration. The move came after CEO Jared Grey warned that the exchange "only has 1.5 years of treasury runway left," even after slashing annual operating expenses from $9 million to $5 million amids the ongoing crypto winter.

21.01 / 00:33

Blockchain Ethereum Hackers hacks SushiSwap Ava Labs TradFi NOT DeFi should complement TradFi, not attack it: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.

17.01 / 06:15

defi DEX Decentralized Exchange exchanges SushiSwap's new DEX aggregator will '10x our market share' — Head Chef

Just a month after warning of a "significant deficit" in its treasury, the CEO of decentralized exchange (DEX) SushiSwap has shared several planned updates to the platform which it says is intended to "10x" its market share in 2023.

01.01 / 20:31

Altcoin Tokens SushiSwap Tokenomics SushiSwap CEO proposes new tokenomics for liquidity, decentralization

Jared Grey, CEO of the decentralized exchange Sushiswap, has plans to redesign the tokenomics of the SUSHI token, according to a proposal introduced on Dec. 30 in the Sushi's forum.

12.12 / 18:55

Blockchain Technology defi DEX Lost SushiSwap CEO reveals DEX lost $30M on LP incentives this year

According to a new Twitter post by SushiSwap CEO Jared Grey, the decentralized exchange, or DEX, experienced a $30 million loss in the past 12 months on incentives for liquidity providers, or LPs. As explained by Grey, SushiSwap currently employs a token-based emission strategy to incentivize LPs, but the current rate is "unsustainable."

06.12 / 19:55

business Blockchain Technology DEX Sushiswap chief says it only has 1.5 years of treasury runway left

According to a new proposal dated Dec. 6, Jared Grey, CEO of decentralized exchange Sushiswap (SUSHI), disclosed that the project's Treasury has less than 1.5 years of runaway left, and the "significant deficit in the treasury threatens Sushi's operational viability, requiring an immediate remedy." Grey explained that Sushiswap's annualized operating expenses amounted to roughly $9 million in October, however, that has since been reduced to around $5 million.

11.10 / 22:53

FIVE CEO Platform EON SushiSwap’s new head chef ‘in a soup,’ here’s what happened

Following charges of fraud, Jared Grey, the recently appointed head chef at SushiSwap, is currently on the defensive side.

05.10 / 16:25

Provident Lowe's FIVE Platform SUSHI experienced its best hourly interaction in past 90 days

According to LunarCrush’s data, SushiSwap experienced its best hourly interaction in the past 90 days, with over nine million users actively participating.

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