Wednesday, December 7, 2022

Facing a large deficit in its treasury, DeFi protocol Sushi proposes diverting fees from the Kanpai protocol and reduces its runway requirement from $9M to $5M (Shaurya Malwa/CoinDesk)

Shaurya Malwa / CoinDesk:
Facing a large deficit in its treasury, DeFi protocol Sushi proposes diverting fees from the Kanpai protocol and reduces its runway requirement from $9M to $5M  —  Developers proposed to divert 100% of fees generated on the platform to Sushi's multisig for one year or until new tokenomics are implemented.



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Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in international payments to counter Western sanctions (Gleb Bryanski/Reuters)

Gleb Bryanski / Reuters : Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in i...