BTC, ETH and BNB Trade At A Premium On Binance.US After Court Orders Asset Freeze

Binance Outflows Slow After SEC Crackdown 

Hello Defiers! Here’s what we’re covering today:

Coinbase Surprises MakerDAO with Pitch to Load Up on USDC

Curve Releases Interface Code For Stablecoin

Bellatrix Euphoria Short-Lived as Markets Slide

🎙Listen to the exclusive interview with Zcash’s Zooko in this week’s episode:

Tutorial: Trading The Ethereum Merge – NFA

Arthur Hayes, Former Ethereum Skeptic, on Why the Merge Makes Him Bullish on ETH: Unchained

Pantera Capital’s Exodus Broader Than Previously Reported: Sources: Coindesk

How Ethereum Miners Plan to Pivot After the Merge: Decrypt

Head Chef Search Recap #SushiHeadChef2022. It’s time to start thinking about your top 3 candidates Next up is @andrew_forman

A16Z’s Latest Bet on NFTs: Free Licenses for Everyone

Terra Launches Second LUNA Airdrop to Repay Holders

Binance to Delist Three Stablecoins and Fold Balances into BUSD

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Proposal Could Change Christensen’s Bid to Lessen Reliance on Centralized Revenue

 Coinbase has thrown a wrench into MakerDAO’s plans to lessen its reliance on USD Coin collateral, and it may force the DeFi stalwart to change major elements of its strategic growth plan.

 that MakerDAO deposit 1.6B USDC in its institutional platform, called Prime, in exchange for an annual yield of 1.5%. If passed, the deal would provide Maker with an additional $24M in yearly revenue.

 MakerDAO is a collateralized debt protocol that allows users to mint its DAI stablecoin against collateral assets deposited into the protocol. It initially exclusively supported ETH as collateral, but has since expanded to support more than a dozen different assets. USDC currently comprises more than a third of its $9.3B total value locked, according to Daistats.

👉READ THE FULL STORY IN THE DEFIANT.IO👈

crvUSD Is Likely To Launch After Ethereum’s Merge

 Curve Finance was the epicenter of the stablecoin wars in 2021. Now it’s getting ready to launch its own stablecoin even as the cryptocurrencies have come under intense scrutiny in the wake of Terra’s failure in May and a looming regulatory crackdown.

Curve Finance, an automated market maker (

 total value locked in its smart contracts, has deployed 

 for its much-anticipated stablecoin, which is called crvUSD. The code will act as an interface to the crvUSD smart contracts, which are not yet deployed.

 Curve’s plans to deploy a dollar-pegged asset became public 

, but details were scarce. With the code now public, DeFi enthusiasts are working to ascertain what they can about crvUSD.

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The Borrowing Rate For ETH On Aave Has Spiked Above 30%

 For a second there, Layer 1s were pumping like it was 2021. Smart contract platforms, also known as 

, started the week with a bang as Ethereum’s ETH, Solana’s SOL, Avalanche’s AVAX and others were all up more than 3% as of midday New York time.

, the first stage of Ethereum’s much-anticipated 

, was completed successfully earlier today. However, a sharp reversal in global markets has seen crypto largely give up those gains.

 Stock market indices like the S&P 500 and Nasdaq are also trading nearly 0.5% lower as of mid-afternoon New York time. Ethereum Classic’s 

 is still up 4% on the day and 11% in the last week. The token briefly hit a two-week high above $42.

A Step-by-Step Guide to one of the Top DEXs in DeFi

 SushiSwap is Uniswap’s jealous twin. After Uniswap pioneered decentralized exchanges (DEXs), it triggered a DEX race. SushiSwap was one of those race contestants.

 Why did SushiSwap become popular, and what does it offer compared to Uniswap? And should you become Sushi “chef”? Find out in this SushiSwap overview.

 SushiSwap cannot be understood without looking at Uniswap. Both DEXs use their names to tell their purpose. Proposed by Vitalik Buterin in 2016, but implemented by Siemens engineer Hayden Adams, universal token swapping — Uniswap — came online in November 2018.

 The open source protocol enabled anyone to list their cryptocurrencies as ERC-20 compliant tokens on Ethereum, without permission. Users would provide liquidity for token pairs, so that exchange would be possible without any central organization pouring liquidity.

Arthur Hayes, cofounder of BitMex, discusses how he’s trading the Merge, the impact of macroeconomic policy in the markets, his career as a writer, and much more.

, a major cryptocurrency hedge fund and venture capital investor with $4.7 billion in assets, are wider than previously reported, according to people familiar with the matter.

Mining infrastructure companies Hive Blockchain and Hut 8 Mining Corp. today released notices that detail how their businesses plan to pivot away from Ethereum mining.

 🍣🗳️🧑‍🍳



It's time to start thinking about your top 3 candidates



Next up is 

Who owns what when someone owns an NFT? It’s not always clear. When Actor Seth Green’s Bored Ape was 

, for instance, it brought plans for a show with the animated character into question.

LUNA is back from the dead. Sort of.Claims are now live for Terra’s second airdrop for its new LUNA token four months after the DeFi ecosystem failed and 

 more than $60B in market capitalization.

 Binance, the top centralized exchange by trade volume, announced it will delist three popular stablecoins and convert users’ balances into its own BUSD stablecoin.

🧑‍💻 ✍️ Stories in The Defiant are written by Owen Fernau, Aleksandar Gilbert, Samuel Haig, and yyctrader, and edited by Edward Robinson, yyctrader and Camila Russo. Videos were produced by Robin Schmidt and Alp Gasimov. Podcast was led by Camila, edited by Alp.

Hello Defiers! Here’s what we’re covering today:

News

Coinbase Surprises MakerDAO with Pitch to Load Up on USDC

Curve Releases Interface Code For Stablecoin

Bellatrix Euphoria Short-Lived as Markets Slide

Podcast

🎙Listen to the exclusive interview wi...

😲 Coinbase Surprises MakerDAO with Pitch to Load Up on USDC