Rumors of DeFi’s demise have been greatly exaggerated: weekly recap

Cointelegraph

Published Sep 12, 2020 03:13AM ET

Updated Sep 13, 2020 05:20AM ET

DeFi projects have been dominating headlines as of late, and the unexpected departure by a high-profile founder had ripple effects throughout crypto markets. Here are the top stories from the past week:

SUSHI’s parabolic surge upward came to an abrupt halt when the project’s head cashed in all his chips earlier this week, and the resulting selloff knocked the rest of DeFi, ETH and Bitcoin (BTC) down from their perches, some of which were highs for the year.

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