Rari Capital, the DeFi protocol created by teenagers, has shipped perhaps its biggest product to date — permissionless lending pools. The new feature allows anyone to create a lending and borrowing pool on the open interest rate protocol, meaning anyone can create a pool for any asset, thereby expanding DeFi possibilities.  Projects like NFTX, which…

The lines are getting blurred between NFTs and DeFi. Bored Ape Yacht Club (BAYC), the Ethereum-based NFT collection that exploded over the summer, has announced that it will issue a “legally compliant” token in the first quarter of 2022. The move is intended to “thoughtfully craft dope utility and governance, benefit our club members, and…

On-Chain Markets Update by Juan Pellicer, IntoTheBlock Since our last in-depth analysis of Axie Infinity almost two months ago the price of their AXS token has increased over 100% within a few weeks. The rally has multiplied the value of AXS by 223 times since January. The catalyst behind this latest bull-run may have been the Series…

Here we are again. Part 3. And still so much to say. Thanks for sticking with us through what has probably felt like a ping pong battle between present, past and future. Space travel, quantum physics, pop culture, sci-fi and art criticism. But you know, that’s the Pak experience. And this episode will be no…

DeFi venture fund Divergence Ventures tried to game the airdrop of Ribbon Finance, one of its own portfolio companies, and it worked — but it’s returning the tokens. The fund, which put $25,000 into Ribbon Finance, returned 702 ETH today after extracting as much from the protocol’s airdrop.  At 1:07 PM, Divergence Ventures, which was…

First DYDX, now RBN. After governance rejected a proposal to make RBN transferable in June, a second go-round passed, garnering over 99% support from voters.  The unlock happened at 12pm UTC on Oct. 7 and was a windfall for investors who received tokens in an airdrop because they could finally sell them. Ribbon Finance airdropped…

The yield aggregator, Yearn Finance announced last night that it has gone live on Fantom and incorporated the blockchain into the new version of its user interface. “The Realm of Multichain beckons. And Yearn has heeded the call,” Vany, a Yearn Discord admin, said in the announcements channel. “Today, we go multichain with the launch…

Are NFTs a bubble? That’s been the burning question ever since the first specimens of this breakthrough application on the Ethereum blockchain captured the imaginations of crypto heads and non-crypto fans alike.

Fei Protocol is fighting to make a comeback. Back in April, the project’s stablecoin, meant to maintain a $1 peg, dropped as low as $0.92 after raising 639,000 ETH, worth $1.3B, in its highly anticipated launch. The Andreessen Horowitz-backed project is still swinging however, and has just launched a v2 with a few key changes.…

Polygon, the sixth-largest blockchain by assets locked, is increasing the minimum gas price for transactions on its network by a factor of 30. The move comes as the network recently surpassed Ethereum in terms of Daily Active Addresses and is intended to reduce the number of spam transactions on the network. There have been increasing…