The founder of Uniswap rival SushiSwap, Chef Nomi, has transferred the project’s control to the CEO of FTX, Sam Bankman-Fried, after cashing out his SUSHI tokens for over 37,000 ETH.
The average transaction fee on the Ethereum network hit a high of $14.5 last week, but after the price of the second-largest cryptocurrency by market capitalization dropped from around $480 to a $328 low, fees collapsed to $6.1.
The cryptocurrency-friendly Ziglu, one of the UK’s newest “challenger banks“, has announced the launch of peer-to-peer (P2P) payments for all currencies supported by the Ziglu mobile app (which is available for both iOS and Android).
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Top stories in the Crypto Roundup today:
- SushiSwap Founder Transfer Project’s Control to FTX CEO After Cashing Out
- Ethereum Transaction Fees Drop 58% as ETH Price Plummets
- Crypto-Friendly Digital Bank ‘Ziglu’ Launches P2P Fiat and Crypto Payments
- SUSHI, LINK, and OKB Are Moving the Crypto Market
- Sponsored: Remitano Is Reinventing Dynamism in Cryptocurrency Trading