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defiant
Trace Network Labs’ Fashion & Lifestyle Metaverse PARIZ Introduces MetaCommerce
Transformative ecommerce metaverse will enhance the online shopping experience and bring real-world adoption to the metaverse industry NFT-based luxury lifestyle metaverse enabler Trace Network Labs is continuing its streak of platform and product launches that further blur the line between our physical and digital lives. Its latest offering, fashion & lifestyle metaverse PARIZ, will provide…
DeFi News
Ethereum Derivative Hits Market as Concerns Mount Over 'Significant Risk'
Aave and Oasis.app Launch Offering Letting Users Increase Exposure to Staked ETH
Breaking News
Crypto Lender Celsius Files for Bankruptcy Protection
Celsius, the crypto lender that last month halted withdrawals, has filed for Chapter 11 bankruptcy protection, the company said in a press release. User withdrawals will remain halted.
DeFi News
Ethereum Founder Vitalik Buterin Defends Algo-Stables
Ethereum inventor Vitalik Buterin said that algorithmic stablecoins should be scrutinized according to how they fare under extreme market conditions, and whether they can safely wind down when hype falls away. Despite the recent collapse of UST and LUNA, which knocked UST from its $1 peg and wiped billions from the market, Buterin argued in…
defiant
Seth Green Could Air TV Show Without Stolen Ape, Lawyer Says
A hacker stole Seth Green’s Bored Ape just weeks before the NFT was set to star in a TV show the Family Guy actor had written about the JPEG. But the show could air even if Green can’t get it back, Jordan Teague, co-founder of web3 law firm The Antifirm, told The Defiant. Green said…
DeFi News
Terra Founder Faces Government Investigations, Lawsuits, and $78M Fine for Tax Evasion
South Korean authorities have formed an emergency financial crimes unit to investigate the collapse of stablecoin protocol Terra, and fined the protocol’s founder, Do Kwon, $78M for tax evasion, local media reported. The government agencies want to understand why UST, Terra’s US dollar stablecoin, lost its peg on May 9. The crash wiped $18 billion…
DeFi News
Yearn Creator Andre Cronje Slams Crypto Culture, Pivots To ‘Regulated Crypto’
DeFi developer Andre Cronje now seeks to embrace regulation of the industry.
DeFi News
Terra and Fantom Are Pumping Even as DeFi TVL and Ethereum Burn Rate Drag
Terra and Fantom have rebounded in the last seven days but overall DeFi TVL's uptick is modest.
Byte
Ukraine Cancels Historic Airdrop to Aid Embattled Citizens and Opts for NFTs
Ukraine has announced an airdrop for crypto users who donate funds towards its defense efforts.
Byte
Solidex Rockets to $2.18B in TVL Within Days Of Launch
Solidex, a new yield optimizer on Fantom, has crossed $2.1B in Total Value Locked.
DeFi News
What the History of Democracy Can Teach Us About Blockchain Governance
Prof. Andrew Hall writes that democracy provides a fitting template for solving some of thornier governance problems in DAOs.
defiant
How Friends With Benefits Uses Utopia to Manage Contributor Payroll
DAOs have cash – a recent Consensys report used data from Open-Orgs to estimate that DAOs have more than $14B in their collective treasuries – but they don't have great methods for paying people in crypto-native ways. Enter Utopia.
Beginners
How to Be Safer and Smarter Using Metamask
In this tutorial we show you a few tips to stay safe when using MetaMask.
defiant
The Defiant Terminal is Coming: Join the Waitlist
We’re excited. We’re getting ready to launch The Defiant Terminal, a platform for investors and analysts to track all DeFi data in one place. Join the waitlist today to be notified as soon as it’s live. You’ll want to be the first to get your eyes on that alpha. The Defiant is devoted to being…
Byte
SocGen Wants To Borrow 20M Dai on MakerDAO Using Tokenized Bonds as Collateral
There’s a meme on crypto Twitter that calls DeFi the “future of France” as a play on the phrase the future of finance. Well, there may be more truth to the meme than many expected. Société Générale, the third-largest bank in France, has proposed to borrow Dai in MakerDAO using bonds it issued on the…
DeFi News
Startup Uses Facebook Approach to Build Social Network for NFT Collectors
In Facebook’s early days, it famously limited membership to students in colleges and universities, opening a few at a time. Hyype, a new social network for NFT collectors, plans a similar approach but Discord server by Discord server rather than school by school. To that end, Hyype today announced a $1.5M seed round from Electric…
DeFi News
DeFi is Getting Into Everything
Crypto isn’t just about simple financial tools anymore. Any project can be a DeFi project. Here’s how. The current crypto bear run is finally seeing a few flecks of green, but some still believe that plunging through multiple death crosses puts us firmly in bear territory. Others believe we have already hit rock bottom and…
Byte
EU Regulators Propose Crypto Clampdown
European Defiers better buckle up, because regulators in the EU are attempting to tighten the rules on crypto transfers. On July 20, the European Commission, the executive branch of the European Union, announced a package of legislative proposals to strengthen the EU’s anti-money laundering and counterterrorism financing (AML/CFT) rules. The legislative proposal moves to apply…
DeFi News
Liquidations Ease Up as Investors Search for a Crypto Bottom
Where’s the bottom? That’s the vital question investors are asking with ETH down almost 18% in the last 30 days, and with other major Ethereum-based DeFi tokens nosediving as much as 57% in the same time span. Clear Deviations The one bright spot is that this week hasn’t been quite as brutal as the horrorshow…
defiant
AP Auction of NFTs Ushers in New Era for Digital Media
It’s official: NFTs have gone totally mainstream. That’s the upshot from the announcement that the Associated Press, the 175-year-old paragon of traditional media, is planning to auction off 10 one-of-a-kind NFTs to celebrate its iconic photojournalism. Among the offerings: an artistic representation of the shot showing U.S. Marines hoisting the Stars and Stripes on a…
DeFi News
Vitalik Whiplashes Holders of SHIB Meme Coin and Sells Tokens for Charity
ETH’s and BTC’s impressive recent growth had nothing on dog-based meme coins ––at least until Ethereum’s creator, Vitalik Buterin, stepped in to sell a large chunk of the token’s total supply to give the proceeds to charity. GameStop stock and Dogecoin have proven memes have real market power. But the thing about meme coins is…
defiant
Defiant Degens: How to Farm in DeFi’s First Protocol for Push Notifications
This is a weekly tutorial on the most compelling opportunities to consider yield farming, written by our friend DeFi Dad, an advisor to the Defiant and the Chief DeFi Officer of Zapper. The goal is to expose more Defiant readers to new DeFi applications and their associated liquidity mining programs. Background on Protocol: When you…
DeFi Dad •
DeFi News
Ether Locked in DeFi at All-Time High After Market Crash
An all-time high of 11.2M Ether is locked in DeFi protocols, despite a weekend sell-off. Liquidations spiked, while tokens continue sliding. Locked Ether’s resilience may show that DeFi participants do not consider the recent drop in price to signal a long-term trend and thus are not unlocking their ETH in order to sell. Borrowers may also…
defiant
Defiant Media Raises $1.4M to Build the Financial Information Platform for Web3
Defiant Media Inc., the creator of The Defiant, closed a $1.4M pre-seed round to build the leading information company at the intersection of tech and finance, from investors including IDEO CoLab Ventures, ParaFi Capital, Blockchange Ventures, MetaCartel Ventures, Defiance Capital, Mechanism Capital, GBV Capital, and angels including Anthony Pompliano, Mariano Conti, Andrew Keys and many…
Byte
dYdX Launches Layer 2 Perpetuals Powered by StarkWare
dYdX launched its cross-margined perpetuals product on a Layer 2 scaling solution powered by blockchain software developer StarkWare. The move is significant as it highlights how some of Ethereum’s most well-known DeFi projects are migrating to scaling solutions amid rising gas costs to operate directly on Ethereum’s Layer 1. $10M Trading Volume StarkWare co-founder and…