DeFi project starts a fight between exchange CEOs

Jay Hao, the CEO of a major crypto exchange OKEx, recently bashed Binance’s CEO, Changpeng Zhao. The drama emerged over the recent listing of a token belonging to a DeFi projects, SushiSwap and BakerySwap. What happened? As many may remember, a Uniswap-inspired DeFi project called SushiSwap was recently listed on Binance. The move was not surprising at the time, as the project seemed rather popular for a while. However, the project’s founder, Chef Nomi, announced his cashout plan last Sunday, which caused many to think that the move is an exit scam. Meanwhile, Binance crypto exchange, which was quick to