DeFi - Recent articles
Loading...
BitMEX Charges Highlight Case for Real DeFi
CFTC charges against BitMEX are bound to push more cryptocurrency projects towards decentralization — but that means actual* decentralization. The Commission today filed charges against BitMEX and its owners and operators including CEO Arthur Hayes for operating a trading platform without CFTC approval, and for failing to implement know-your-customer procedures, a customer information program, and…
Loading...
DeFi Forks Are Moving Beyond Copy and Paste
In the last month, almost every major DeFi project has been forked. Some of the forks have even been forked themselves. But do these near-copies of projects actually add any value? Or are they simply opportunistic money-grabs? Like many things in life, the truth isn’t always clear-cut. Each fork, from SushiSwap, to Swerve, to Cream,…
Loading...
Andre Cronje Diehards Take "Test in Prod" Over The Edge With $15M Hack
The latest ‘test in prod’ experiment from Yearn founder Andre Cronje has many degen traders questioning their YOLO nature following a flash loan attack of contracts which hadn’t been officially released to the public yesterday afternoon. Eminence Finance, an NFT gaming ecosystem which was still in development, was exploited by a hacker who stole $15M...
Loading...
The State of Stablecoins in DeFi: A Deep Dive by DappRadar
Stablecoins are one of the fastest-growing asset types in the crypto world. The purpose of these cryptocurrencies is to track a particular peg (usually the dollar) minimizing volatility and providing a convenient unit for transacting. They have become the lifeblood of the DeFi ecosystem and may look to take over other sectors like remittance and…
Loading...
Maker Votes to Not Compensate Black Thursday Victims
MakerDAO traders who had their collateral wiped out during DeFi’s so-called Black Thursday, received bad news from the protocol’s decentralized court this week: they won’t be getting a penny (or gwei) back. Their only hope now lies in traditional/centralized courts. On March 12th, DeFi experienced its worst day on record as prices tanked by more…
Loading...
Was it a Pump and Dump? Few Will Ever Understand
A leaked Telegram chat has the DeFi community decrying that some of the space’s most well-known influencers were orchestrating a pump and dump scheme around a token called $FEW, an accusation the crypto personalities involved deny. The question is whether the group was created with the specific purpose of leveraging the members’ follower base to…
Loading...
YAM Finally Finds Fertile Ground After Succesful Rebase
Yam Finance’s first successful monetary exercise yesterday marks a new start to DeFi’s original food-based token YAM is an experiment in rebasing cryptocurrencies, plus token incentives (aka yield farming) to drive liquidity, plus full on-chain governance, plus a DAO-like treasury managed by token holders. It’s also testing the power of the emoji. Its Aug. 11…
Loading...
Hypebeast Culture Drives MEME Rally Amid Market Bloodbath
It was a sea of red in the market yesterday. But while Ether slid by almost 10% and all DeFi tokens plunged even deeper, one project astonished the crypto world accelerating the 10x increase it had seen in the last seven days: $MEME A ticker most would pass off as a pump and dump. But…
Loading...
Uniswap's UNI Instantly Becomes One of DeFi's Most Widely Held Tokens
Uniswap dropped the mic with the surprise launch of its native governance token – UNI. Uniswap, the leading DeFi DEX averaging more than $350M in daily volume over the past month, airdropped 15% of the total 1 billion UNI minted at genesis, to anyone who had ever interacted with the protocol since its inception. UNI…
Loading...
"Be Greedy in Private," Urges DeFi Investor Riding Fair Launch Trend
In the latest DeFi drama a developer and investor behind a token called SAFE made a mistake when deploying a piece of code and now they’re both calling each other out and publishing their private chats, as the token tanks. But this petty squabble points at a bigger problem: the latest DeFi trend of community-owned…
Trending Now
EigenLayer Airdrop Outcry Shows Points are Raising Traders' Expectations
Are those traders right or entitled?
Poisoned Wallet Address Loses $70 Million in ‘Very Suspicious’ WBTC Transaction
A fake transaction led a user to send 1,155 WBTC to the wrong address.
Wasabi Wallet To Eliminate Coinjoin Amid U.S. Regulatory Fears
The move follows U.S. authorities targeting privacy protocols and non-custodial wallets.
Bitcoin Fees Normalize After Runes' Coming Out Party Abruptly Ends
Runes’ on-chain activity and Bitcoin transaction fees dropped more than 97% in two weeks.
Friend Tech Token Tanks After Shambled Debut
Friend Tech copped backlash as many users struggled to claim tokens.
EigenLayer Increases Minimum Airdrop Allocation
More than 280,000 users of the restaking protocol will receive an additional 100 EIGEN tokens.