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SushiSwap passes 100% fee relocation

Decentralized exchange SushiSwap will soon redirect 100% of the platform’s trading fees to its treasury for operations and maintenance for one year’s duration.

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Decentralized exchange SushiSwap will soon redirect 100% of the platform’s trading fees 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 amid the ongoing crypto winter. 

In a separate proposal that passed , 99.85% of voters elected to “clawback” 10,936,284 unclaimed ($14.8 million) tokens awarded to early liquidity providers during the DEX’s launch in 2020. The rewards were available to SushiSwap users who provided trading liquidity for the exchange from August 2020 to February 2021 and had been open to claim for close to two years.

Some users argued that people have earned these SUSHI fair and square, and their claim to these assets should not be denied. Others said that they support the clawback as “idle SUSHI that can be put to better use.” The assets will be returned to the SushiSwap treasury. 

SushiSwap, the sixth-largest DEX by 24-hour trading volume, has been hit hard by the crypto market downturn and product-market-fit woes. Last December and was reported that the DEX lost $30 million over 12 months alone on incentives for its liquidity providers due to unsustainable token emission rates.

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EU Markets Regulator Warns Crypto Growth Could Pose Broader Financial Stability Risks

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The European Securities and Markets Authority (ESMA) has warned that the rapid growth of the crypto market could pose significant risks to the broader financial system, particularly as digital assets become more intertwined with traditional finance.

In its latest Markets Risk Monitor report, ESMA pointed to increasing investor interest, rising market capitalization, and expanding institutional involvement as key factors accelerating crypto’s integration into the mainstream. While the regulator acknowledged that crypto markets are still relatively small, it cautioned that the pace of development—especially with products like exchange-traded funds and tokenized financial instruments—could amplify vulnerabilities.

ESMA highlighted several key risks, including high volatility, operational fragility, and liquidity mismatches. It also emphasized concerns around the reliance on a small number of centralized trading platforms, which could act as points of failure in times of market stress.

The authority further warned that the increased presence of retail investors, often lacking adequate risk awareness, heightens the potential for disorderly market conditions. As crypto firms continue expanding their footprint in Europe, the regulator stressed the importance of monitoring how risks might spill over into the traditional financial system.

With the Markets in Crypto-Assets (MiCA) regulation set to be fully enforced by 2025, ESMA reaffirmed its commitment to implementing a comprehensive regulatory framework. However, the agency also underscored the need for coordinated international oversight to address the inherently cross-border nature of the crypto industry.

The warning signals a growing urgency among European regulators to stay ahead of evolving risks as digital asset markets mature and become increasingly interconnected with the global financial ecosystem.

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Ethereum has outperformed Bitcoin just 15% of the time since its launch

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Despite being the second-largest cryptocurrency by market cap, Ethereum (ETH) has outperformed Bitcoin (BTC) in just 15% of its trading history, according to recent market analysis.

Since Ethereum’s launch in 2015, it has occasionally outpaced Bitcoin during specific bullish phases—particularly during altcoin seasons or key upgrade periods like the DeFi summer of 2020 and the NFT boom in 2021. However, over the broader market timeline, Bitcoin has consistently maintained dominance in terms of performance, price stability, and institutional demand.

The data underscores Bitcoin’s resilience as the leading digital asset and highlights the challenges ETH has faced in closing the gap. Ethereum’s fluctuating gas fees, delayed network upgrades, and increasing competition from other smart contract platforms have contributed to its underperformance relative to BTC.

However, Ethereum remains central to Web3 infrastructure and continues to drive innovation in decentralized applications. Analysts note that while Bitcoin may lead in market dominance, Ethereum’s long-term value proposition lies in its ecosystem growth, particularly with Layer-2 expansion and the rise of real-world asset tokenization.

Still, for long-term investors comparing returns, Bitcoin has proven to be the more consistent performer—reinforcing its status as digital gold in the crypto economy.

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Hackers hide crypto address-swapping malware in Microsoft Office add-in bundles

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Cybersecurity researchers have uncovered a new malware campaign that disguises itself within Microsoft Office extension packages to steal cryptocurrency by silently replacing wallet addresses.

The attack involves malicious Office add-ins that, once installed, operate in the background by monitoring clipboard activity. When a user copies a crypto wallet address—for example, during a transaction—the malware instantly replaces it with a wallet address controlled by the attacker, rerouting funds without the user’s knowledge.

This tactic, known as clipboard hijacking, is not new, but its delivery method through Office extensions represents a concerning evolution. Users typically trust Office add-ins for productivity enhancements, making them an ideal vector for stealthy infections.

Researchers warn that the malware is difficult to detect due to its low-profile behavior and integration with legitimate software workflows. It doesn’t trigger conventional security alarms and can persist undetected for long periods, increasing the risk of financial loss.

Security experts are urging crypto users to double-check wallet addresses before confirming transactions and avoid downloading unofficial Office add-ins. Meanwhile, businesses and institutions are advised to strengthen endpoint security and restrict unauthorized plugin installations to mitigate exposure.

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