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🦎🚀 The sushi goes stale yet again...🍣

Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox!

Sushi is under attack!

 

Sushi, the creator of the multichain decentralized exchange SushiSwap, disclosed that it had received a subpoena from the Securities and Exchange Commission (SEC).
 

The announcement came in the form of a proposal to the Sushi DAO, along with the request of establishing a legal defense fund to cover legal overheads.
 

The proposal seeks to set up a $3 million fund available for the legal fund in USDT, with a contingency of an additional $1 million in the event of depletion.

 

In today's news, Polygon scores MapleStory as another huge partnership, the White House has its say on crypto and MagicEden branches out into Bitcoin NFTs.

 

Read on!

Arbitrum Adoption Grows Ahead of ARB Token

 

Following Arbitrum's announcement for its ARB token last week, its position in the Layer 2 competition strengthened as adoption ramped up. One sign was the jump in market capitalization of major projects across the network.
 
The largest increase was recorded by Treasure DAO's MAGIC, which saw a 2423% rise since Arbitrum's Odyssey milestone.
 
Read more: https://gcko.io/nvk4dnd

 24h Hot Searches Worldwide 

 

Buckle up and get ready! CoinGecko's Virtual Meetup is back again! For Meetup #22, we'll be exploring Zero-Knowledge Rollups, otherwise simply known as ZK rollups. ZK rollups are a type of layer-2 solution for enabling greater privacy and scaling and are becoming increasingly prominent in the crypto space as these projects fast approach go-live. It is meant to enable faster validation of transactions and boasts reduced transaction fees while also improving privacy for its users.
 

Join us in uncovering the secrets behind Zero-Knowledge Rollups!

  

Date: Thursday, 23 March 2022

Time: 09:00 AM EST (UTC -4) [Check your local time]
 
Tune in for our Virtual Meetup #22, where we dive into the inner workings, challenges, and complexities of the technology, as well as the new possibilities it enables for the crypto industry, featuring our exciting panel of speakers:

 

What ACTUALLY is 'Real Yield' in DeFi, and how is it different from previous yields?  
  
👨‍🌾 In today's video, we break it down and take a closer look at some of the protocols where it's being offered.

MapleStory's Plans For Polygon
 

South Korean gaming giant Nexon announced that it would run a Polygon supernet to launch MapleStory Universe.

 

MapleStory was first launched in 2003 and has seen long-running success since, with the game generating over $4 billion in revenue and 180 million registered users to date.
 

MapleStory Universe would be an NFT-centric game, with tokenized assets playing a major role within the gaming ecosystem via its in-game marketplace.
 

Decrypt

Surprise, Surprise
 

A recent report authored by the White House Council of Economic Advisers took aim at crypto, laying out issues caused by the digital asset ecosystem for consumers, the financial system, and the environment.
 

Titled the Economic Report of the President, it is an annual publication by the Council of Economic Advisers aimed at explaining the President's economic priorities and policies.

 

The report covered a broad range of topics and made a number of claims ranging from cryptocurrencies' role as investment vehicles and payment tools to their potential use in payment infrastructure.
 

CoinDesk

MagicEden Latest Marketplace

 

The largest NFT marketplace on Solana, MagicEden, continues its multi-chain expansion with additional support for Bitcoin Ordinals.
 

MagicEden sticks to its non-custodial nature and will support the Ordinals-compatible Hiro and Xverse wallets at launch, claiming to be the first fully audited Ordinals marketplace.

 

The announcement marks the marketplace's latest multi-chain move after expanding into Ethereum and Polygon last year.

 

Decrypt

 

There are a few crypto investing apps on the market right now, but almost none of them provide the types of features that eToro does. Price charts, stats, news, and more; plus, you get access to 40 of the world's most popular cryptocurrencies. For everything you need to invest in crypto, go eToro.

Cryptoasset investing is unregulated in some EU countries and the UK. No consumer protection. Your capital is at risk.

 

Wicks on candlestick charts occur when the price movement for the day crosses the opening and closing price limits. Find out about the different types of long-wick candles and what they mean for price movements.
 
Continue reading here.

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