Parcel Challenges OpenSea in Bid to Rule Virtual Property in the Metaverse

Parcel Challenges OpenSea in Bid to Rule Virtual Property in the Metaverse

Parcel is challenging NFT leader OpenSea by helping users buy virtual properties in the metaverse.
The Web3 Three: Discord, Reddit and Twitter Tease Crypto Integration

The Web3 Three: Discord, Reddit and Twitter Tease Crypto Integration

The big-but-not-Facebook-big companies of the social web, Discord, Reddit and Twitter, are giving crypto’s technology a much…
There's Already $115M on Axie Infinity's New Automated Market Maker

There's Already $115M on Axie Infinity's New Automated Market Maker

Axie Infinity has launched an automated market maker called Katana for its sidechain Ronin, and it had 25,000 people interact with it less than 10 hours into its existence, according to Jiho Zirlin, co-founder of the team that built the…
Governance of DeFi Giant Curve in Flux as Smaller Convex Exerts Control

Governance of DeFi Giant Curve in Flux as Smaller Convex Exerts Control

Curve's symbiotic relationship with Convex is the focus of a new governance proposal that zeroes in on an unusual rule.
'Work Smart, Not Hard': DODO's Diane Dai Used a Get-it-Done Tack to Build an AMM

'Work Smart, Not Hard': DODO's Diane Dai Used a Get-it-Done Tack to Build an AMM

An interview with Diane Dai, CMO of DODOm an automated market maker in DeFi.
Paradigm Bets on a Cross-Chain Future With $21M Round for Cosmos' Osmosis DEX

Paradigm Bets on a Cross-Chain Future With $21M Round for Cosmos' Osmosis DEX

Osmosis, a decentralized exchange in the Cosmos ecosystem, today announced a $21M sale of tokens from the Osmosis Foundation treasury, in a round led by Paradigm. Other investors included Robert Leshner's scout fund, Robot Ventures, Nascent, Ethereal, Figment and Terraform…
Terra’s Shade-Filled SEC Lawsuit  Signals Crypto is Now Ready to Fight Back

Terra’s Shade-Filled SEC Lawsuit Signals Crypto is Now Ready to Fight Back

Another crypto bull run, another whirlwind of regulatory pressure. But if Terraforms Labs’ lawsuit is any indication, DeFi is better prepared to fight back this time around.
Lisbon Surfaced The Evolution of DAOs, Solarpunks vs. Lunarpunks and Web3 Social Media

Lisbon Surfaced The Evolution of DAOs, Solarpunks vs. Lunarpunks and Web3 Social Media

As people from all over the world gathered in Lisbon, “gm’s” turned to “bd’s” and the metaverse met in meatspace for a week of events and fanfare kicking off with LISCON.  Whether it was in the compact hilly cobblestones that…

Team Behind Hummingbot Gives Away Its Code Via Foundation

Sometimes a company can give away their technology and still turn a strong profit. Red Hat became a large company helping businesses use Linux, the classic open source project. It sold in 2018 for $34B to IBM. CoinAlpha is a…
Victims of $30M Parity Wallet Hack Offer Attacker $60M 'Bounty'

Victims of $30M Parity Wallet Hack Offer Attacker $60M 'Bounty'

The victims of a 2017 hack - Aeternity, Edgeless, and Swarm City -have offered a bug bounty to recover their stolen ETH.
Hey Bitcoin ETF! Say Hello to the 500 DeFi Index Funds Already Trading

Hey Bitcoin ETF! Say Hello to the 500 DeFi Index Funds Already Trading

The long wait for this one imperfect trading product shows exactly why DeFi will disrupt and upend traditional finance.
Shell Protocol Jumps into 'Concentrated Liquidity'  Just Like Uniswap and Curve

Shell Protocol Jumps into 'Concentrated Liquidity' Just Like Uniswap and Curve

When decentralized exchanges started to take off in 2019, the designs were very simple, but simplicity in these marketplaces might soon be a distant memory. The most successful category of decentralized exchanges are the automated market makers (AMMs), such as…
MakerDAO Chases 'Real World' Deals and Assets in Major Test for DeFi

MakerDAO Chases 'Real World' Deals and Assets in Major Test for DeFi

Société Générale’s request for a $20M loan from MakerDAO is just one of several real-world deals that the DeFi protocol has coming soon. The O.G. decentralized finance protocol is on the move to fund projects that will make tangible differences…
Liquidity Mining Set to Begin Friday on the Risk Tranching Gro Protocol

Liquidity Mining Set to Begin Friday on the Risk Tranching Gro Protocol

Everyone is looking for stronger yields in DeFi. Gro is a new yield platform that aims to offer boosted returns on leading stablecoins to users willing to accept some risk. Gro is set to launch liquidity mining shortly for its…
This Minivan Won't Let You Down: How Jay Pegs’ NFT Gave Birth to an Absurd Universe

This Minivan Won't Let You Down: How Jay Pegs’ NFT Gave Birth to an Absurd Universe

I was told there would be explosions. There haven’t been any explosions, though, unless you count blown minds. As everyone else in the NFT space heralds a new era in art history, a loose crew of about 10 degens took…
Decentralization Now: Coppola Studio Brings Blockchain to the Movies

Decentralization Now: Coppola Studio Brings Blockchain to the Movies

After four years of development, Decentralized Pictures — a new project from Frances Ford Coppola’s fabled American Zoetrope production company — is preparing to go live.  The project is just what it sounds like — a decentralized platform leveraging blockchain…
Digital Beauty, Asset Flipping, and a Bad Case of the Shakes: Inside the Chase for Art Blocks NFTs

Digital Beauty, Asset Flipping, and a Bad Case of the Shakes: Inside the Chase for Art Blocks NFTs

I started chasing Art Blocks NFTs on Aug. 25 during Radix’ Eccentrics 2: Orbits drop.  That may sound like gobbledygook to some, but others, including Art Blocks founder Erick Calderon, AKA Snowfro, will know that I picked the worst time…
$830M Burned: A Month Into EIP-1559

$830M Burned: A Month Into EIP-1559

It’s been a month, almost to the day, since Ethereum’s EIP-1559 upgrade went live, and the milestone was met with the first-ever deflationary day for ETH, where more of the cryptocurrency was burned than issued. The upgrade promised more predictable…
Two DeFi Projects Shut Down and Pledge to Return Users' Funds

Two DeFi Projects Shut Down and Pledge to Return Users' Funds

Two DeFi projects tasked with helping traders in the space hedge risk announced they are shutting down on Saturday.   Cover, an insurance protocol, and Ruler, a debt market without liquidations, lost their developer team and determined that they could not…
Yearn Finance Backs Atlantis World to Draw Degens Into the Metaverse

Yearn Finance Backs Atlantis World to Draw Degens Into the Metaverse

What’s the answer to make decentralized finance more fun and immersive than its current incarnation of websites and bulletin boards? Apparently it’s community environments reminiscent of video games played on 1990s-era consoles. That at least is the bet DeFi portal…
Scaling DAOs Won't Be Easy: Five Major Challenges to Overcome

Scaling DAOs Won't Be Easy: Five Major Challenges to Overcome

The only thing cooler than working for one DAO is working for all the DAOs. But to do that you need to figure out what all DAOs need. That sounded tricky to us, too. So we asked! We gathered together…
Anonymous Trader 0x650 Bought 88 CryptoPunks for $5.5M; Here's the Backstory

Anonymous Trader 0x650 Bought 88 CryptoPunks for $5.5M; Here's the Backstory

Last month, one anonymous user spent more than $5M on CryptoPunks in a buy that kicked off a frenzy of NFT sales.  In an exclusive interview, The Defiant’s Camila Russo sat down to chat with the buyer 0x650d, who purchased…
Ethereum Price Rallies in Lead Up to EIP-1559

Ethereum Price Rallies in Lead Up to EIP-1559

The price of Ethereum’s Ether has been rallying in the lead-up to the EIP-1559 upgrade. ETH crossed $2,500 for the first time since June 16 over the weekend — that’s a 47% increase from $1.7K on June 22, the lowest…
Art Blocks NFTs Soar as Savvy Collectors Snap Up Edgy Pieces

Art Blocks NFTs Soar as Savvy Collectors Snap Up Edgy Pieces

While all eyes remain on red-hot NFT avatars like Cryptopunks and Bored Apes, some savvy collectors have been quietly amassing Art Blocks in recent  weeks. The hook? Art Blocks specializes in a revolutionary genre called Generative Art that’s been around…
Digital or Physical? Damien Hirst’s New NFT Project Gives Buyers A Choice

Digital or Physical? Damien Hirst’s New NFT Project Gives Buyers A Choice

Damien Hirst, still the enfant terrible of the UK art scene and reportedly the nation’s richest living artist, is about to add to his fortune with a $20M NFT drop. His project, called The Currency, is a collection of 10,000…
The DeFi Future is Automated

The DeFi Future is Automated

A race is under way in DeFi innovation. Established players and upstart newcomers alike are in the running.  Gelato has been tinkering with use cases since 2019 and launched its production-ready V1 last July. Meanwhile, Keep3r network has been executing…
EXCLUSIVE: Ethereum Documentary to Sell NFTs to Fully Finance Production

EXCLUSIVE: Ethereum Documentary to Sell NFTs to Fully Finance Production

When it came time to raise cash for Ethereum: The Infinite Garden, the first feature-length documentary about the world’s most active blockchain network, the producers had a logical choice: Ethereum tokens. The team will seek to raise at least $1.5M,…
Crypto Scams are Out of Control, Again... Here's How to Stop Them Forever

Crypto Scams are Out of Control, Again... Here's How to Stop Them Forever

You may have seen this statistic floating around blogs and influencer feeds recently: an estimated 80% of ICO’s in 2017 were scams. This may have been four years ago but there is good  reason to be  concerned. That’s an alarming…
Not Just a Bank Run: New Evidence Shows Iron Finance Crashed Due to Code Exploit

Not Just a Bank Run: New Evidence Shows Iron Finance Crashed Due to Code Exploit

$2B of market value lost in even less time than what would be considered an “overnight disaster” will be recognized as one of DeFi’s darkest days. It would be pretty unbecoming if the people didn’t band together against centralized entities…

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Crypto Community Strategies for Dispelling Legal FUD

I. Executive summary The crypto industry is hamstrung by legal cost, confusion, and delay.  Crypto projects frequently misunderstand the critical legal risks to their companies and have limited tools to mitigate those risks. Founders often find themselves facing high legal fees and regulatory scrutiny, impeding…

Gitcoin Drops GTC Token to 25,500 Users; Now Worth More Than $100M

Gitcoin has been funding open source projects for a more decentralized web since 2017 and now it’s decentralizing itself. Yesterday the Ethereum-focused startup announced it will be now governed by a DAO and holders of its new token, GTC. The first step in this gradual…

Yearn Finance Ecosystem Breakdown –– Pushing the Boundaries of Human Coordination

Yearn Finance surprised the DeFi world late last year when the project announced a flurry of mergers with Cream, Pickle, SushiSwap, Akropolis, and Cover in the span of a week. While the Cover merger ended, the remaining teams continue to collaborate at top speeds enabled…

Eco-Friendly Chia Network Gets Elon Musk Boost

The Chia network and its XCH cryptocurrency got a boost from Elon Musk’s recent lambasting of Bitcoin’s energy consumption.  Last week, Chia was trending on Twitter and in the five days since May 12  ̶ when Musk tweeted that he would no longer be accepting…

Global Report on Women, Cryptocurrency and Financial Independence

By Marina Spindler and Paulina Rodriguez According to a recent study, the total number of global cryptocurrency users has surpassed 100 million for the first time. The highly specialized crypto landscape is increasingly diverse. Exchange platform surveys indicate women make up 15-55% of crypto users, depending…

Teens Controlling Multi-Million-Dollar DeFi Protocols Are Not Playing Around

As a teenager, I was mostly concerned with getting decent grades, obtaining terrible liquor, and attracting girls with a rock band despite only playing the saxophone. Today, teenagers are running multi-million dollar DeFi protocols. Jai Bhavnani, 19, David Lucid, 20, and Jack Lipstone, who just…

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