DeFi Weekly

Good morning and yes, it’s me again, the ‘new guy’. Robin’s gone underground after one too many Tornado Cash transactions and, well, this one couldn’t wait. And that’s because The Merge is upon us. It’s happening. Finally. And with a ‘soft date’ of September 19th floating around, we really could be as few as 5 …

Coinbase. The name is a strong one. Feels connected without overegging then crypto connection. A place to call home and an entry point. And that’s Coinbase. It’s the safe, muggle friendly interface between the great unwashed and the badlands. Onramp, offramp, coin pamp, lamp wick, damp prick, man what is this shit when the market …

“HUXLEY™ is a post apocalyptic story about two scavengers who find an ancient robot and get swept up on an adventure that could change the fate of the galaxy as they know it.”

Tanks on the street. You’d be forgiven for thinking this was Ukraine. Armoured vehicles patrolling the thoroughfares of a city at war. But it’s not, it’s China. Henan province to be precise. And the tanks have been sent in to protect the local branch of a bank. One embroiled in a scandal as users were …

Two weeks ago we released a film about the suit filed against the artist Ryder Ripps and others by Yuga Labs. The alleged neo-nazi themes underpinning the Bored Ape Yacht Club collection have fired a sub-section of the NFT community to band together in the name of ethics, morality and free speech. All of which …

You’ll no doubt be hearing the word contagion from all corners but didn’t we just escape the clutches of the pandemic. Well yes. But crypto is really like a house of mirrors where nothing is ever what it seems. But it’s also a house of cards, built on a complex system of levered dependencies. And …

Ryder Ripps. It’s a name you’re probably sick of hearing now. And you’d probably rather he went away but the truth is double R has been at this art game longer than you’d imagine and NFTs are simply the latest internet curiosity he’s turned his very specific artistic gaze towards. And you might flinch hearing …

NFT NYC is over. In this video we review the highlights of the week.

Frax is the world’s first fractional-algorithmic stablecoin. The Frax Protocol introduced the world to the concept of a cryptocurrency being partially backed by collateral and partially stabilized algorithmically.

It’s a bear market and investors are picky. As many leave the space one institute has been spending nonetheless. In this video we’re taking a look into the projects a16z has been investing into.

Unless you’ve been living under an Ether rock for the past week, chances are you’ve heard of Goblin Town, the free-to-mint collection of 10,000 ugly bastards taking the NFT space by storm, and turning the rule book on its head. The 24hr trading volume alone is dizzying stuff. And the floor just keeps on rising. …

This is a big one. Chris Le, the creative director of RTFKT and now listed as a senior director of design at Nike. Clegfx as he’s know in the skins world is one of those rarest of rare creators, one who instinctively knows where the juice is and how to pivot so he’s always there. …

In the last two years the US government has printed a scarcely believable 4.6 trillion dollars. Quantitative easing the only card they could play to combat the pandemic and keep the economy on its feet. The result, rampant inflation over 8% leaving the Fed only one move – raise interest rates to reduce its balance …

This week may have been the one of the worst weeks in crypto’s history. The fall of UST/LUNA not only impacted Terra, but also dragged the whole industry down with it. Will this mark the beginning of crypto winter? Only time will tell.

So, the Yuga Labs Otherside sale took place this weekend and if you hadn’t noticed, it basically clogged up Ethereum so badly that the entire network had to stop and wait for the insanity to end before it could resume doing all the other important business it had to do. What happened, who got mad, …