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"ETH and Most DeFi is Trading Cheaper Than Web2 and With Better Growth:” VanEck's Matthew Sigel
Podcast

"ETH and Most DeFi is Trading Cheaper Than Web2 and With Better Growth:” VanEck's Matthew Sigel

In this week’s episode we speak with Matthew Sigel, head of digital asset research at VanEck, an asset management firm overseeing $80 billion, which has shifted its focus heavily into crypto. They started out with investments almost exclusively in Bitcoin, but now, with Matthew on board, the firm is becoming increasingly bullish on Ethereum and DeFi. 
Messari Founder Announces Senate Run as SEC Shadow Hangs Over Mainnet Conference
DeFi

Messari Founder Announces Senate Run as SEC Shadow Hangs Over Mainnet Conference

Messari founder Ryan Selkis announced plans to run for the U.S. Senate in 2024. Selkis has become increasingly vocal against stringent cryptocurrency regulation but the final straw, he said, was when securities regulators allegedly showed up at the conference he organized and served one of the speakers with a subpoena. He tweeted: “If you’re wondering…
Fears of Chinese Property Meltdown Trigger Broad Selloff in Equities and Crypto Markets
DeFi

Fears of Chinese Property Meltdown Trigger Broad Selloff in Equities and Crypto Markets

Crypto markets were in the red on Monday morning NY time, and DeFi names were taking a beating as investors worldwide turned bearish overnight. Pacesetter Aave was down 13.6% in the last 24 hours, and Maker’s MKR wasn’t far behind with a 10.7% drop, according to CoinGecko. Ethereum shed 8% in the last day, and…
Derivatives Protocol Raises $3.75M in Sale of Governance Token
DeFi

Derivatives Protocol Raises $3.75M in Sale of Governance Token

The Tracer Protocol has completed a sale of 50M TCR tokens for 3.75M DAI, giving its total supply a valuation of $75M at the sales end. It has since nearly doubled to $137M, according to CoinGecko. The auction ran for five days, ending on September 15, and it used the Gnosis batch auction system, so…
DeFi Lending Venture Rides Solana’s High-Speed Chain to $100M in Deposits
DeFi

DeFi Lending Venture Rides Solana’s High-Speed Chain to $100M in Deposits

Solend, a lending platform built on the proof-of-stake blockchain, Solana, has hit $100M in deposits, according to its team.  Solend has done so without liquidity mining opportunities, but those are coming. Solend works basically the same way Compound and Aave do. Users can post assets that will earn interest, and they can borrow a certain…
We Are Under Attack – Solana and Arbitrum Down!
Blockchains

We Are Under Attack – Solana and Arbitrum Down!

They are the two names on everybody’s lips right now. Solana and Arbitrum. And as luck would have it, both blacked out on the very same day sending maxis of every flavour into paroxyms of schadenfreude.
Inside the Hunt for the Jay Pegs Auto Mart Thief and 865 ETH
Hacks

Inside the Hunt for the Jay Pegs Auto Mart Thief and 865 ETH

It took the team at Jay Pegs Auto Mart basically zero time to identify and find the hacker responsible for stealing the proceeds from their auction of DONA tokens on SushiSwap’s MISO platform Thursday night. “It only took us five minutes to figure out who he was,” BasedMoneyGod, a salesman at Jay Pegs told The…
0xMaki Is Leaving Leadership at SushiSwap to Take on an Advisory Role
DeFi

0xMaki Is Leaving Leadership at SushiSwap to Take on an Advisory Role

0xMaki is stepping down from leadership in the community-run decentralized automated market maker, SushiSwap, to take an advisory role in the decentralized autonomous organization, a person with knowledge of the matter told The Defiant. A statement from 0xMaki will come out on Friday.  Another knowledgeable source verified these details.  Sources did not provide details about…
OpenSea’s Struggles Embolden Rivals with New Ways to Play Booming NFT Market
DeFi

OpenSea’s Struggles Embolden Rivals with New Ways to Play Booming NFT Market

The insider buying scandal at OpenSea has hit just as a crop of rivals are circling the NFT marketplace leader.  On Sept. 15, a startup called NFTX launched what it called “the world’s most liquid decentralized marketplace,” meaning the exchange operates “on chain.” It also permits buyers and sellers to make deals without the need…
EBay Has BitBoy But Its ‘Strange’ NFT Strategy Risks Missing a Boom for the Ages
DeFi

EBay Has BitBoy But Its ‘Strange’ NFT Strategy Risks Missing a Boom for the Ages

NFTs are huge here in crypto, but the old web is not sure. Digital collectibles on the blockchain have captured the imagination of crypto heads and attracted hundreds of millions of dollars in investments. Players ranging from the Walt Disney Co. to Super Bowl champion quarterback Tom Brady are embracing their revolutionary marketing potential. Newcomers…