You may never be able to send a message from Telegram to a friend on WhatsApp, but you might be able to send dollars from a digital wallet issued by the U.S. Treasury to a wallet from the People’s Bank of China, only the recipient will receive the payment in yuan. That’s the vision that…

A growing category of social media users now prefers using cartoons rather than their own photos to identify themselves online. They especially like cartoons that are as unique as their real faces.  Non-fungible token (NFT) technology makes it easy for a person to know they are the only person who owns such an image. The…

Compound Finance’s smart contracts paid users an excess of millions of dollars in COMP tokens after a protocol update was deployed with a flaw in the code.  The impact of the bug is limited to 280K COMP tokens and does not affect user deposits or loans, founder Robert Leshner said in a tweet. Just over…

Coinbase Pro is set to list Avalanche’s AVAX token for trading on Sept. 30, according to a Medium post from the company.  Despite the listing, AVAX’s price action has been flat — changing  2.4% to $64.82 since the listing was announced on the morning of Sept. 29 on Coinbase’s Twitter.  Subscribe for free to get…

JPEG'd is a new project that will allow NFT owners to deposit their NFTs as collateral into a vault and be able to take out a loan in PUSd.

Add AngelList to the ever-lengthening list of mainstream tech outfits going crypto. On Tuesday it started letting investors use USDC-enabled funds on its site.  It’s a significant move. For the last decade, AngelList’s online bulletin board for angel investors and job-seekers has made it a valuable utility in the U.S. startup scene by playing matchmaker…

Non-custodial exchange dYdX has climbed to the top of the DEX rankings by trading volume, beating out Uniswap, for the first time. More than $9B  has been exchanged on the trading platform in the last 24 hours, according to data provider CoinMarketCap. Uniswap’s V3 lands in second at $1.2B, the only other DEX to trade…

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 depositors, which means they will begin receiving its governance token, GRO, based on the funds…

SMART Alpha allows users to calibrate their exposure to the performance of an underlying asset. It does so by regularly redistributing an aggregated pool of the underlying asset between two groups of users: a senior side, and a junior side. When price goes up, seniors give up some of their assets to the juniors, and…

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 over Crypto Twitter for a week, recruiting an army of memesters to pitch the world…