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Fireblocks Draws Closer to Getting Wall Street Cash on DeFi Giant Aave
DeFi

Fireblocks Draws Closer to Getting Wall Street Cash on DeFi Giant Aave

Fireblocks, the digital asset security firm, has posted a proposal on Aave’s forum to scrutinize and approve participants on the DeFi giant’s platform. If Aave governance passes the whitelisting proposal, Fireblocks would be able to onboard a slew of institutional clients into the lending protocol.  Fireblock’s CEO, Michael Shaulov told The Defiant that roughly 50…
How Decentralized Identity Can Take Crypto to the Next Level
Research & Opinion

How Decentralized Identity Can Take Crypto to the Next Level

Over the past year, there has been a notable increase of awareness and interest towards decentralized identity solutions. Decentralized identity solutions help users, amongst other things, to control their digital identity without the input of intermediaries. As well as the individual user benefits, decentralized identity solutions have the potential to create seamless, accessible, and verifiable…
New York’s Downtown Art Scene Embraces NFTs with Online Auction Site
NFTs & Web3

New York’s Downtown Art Scene Embraces NFTs with Online Auction Site

If Jean-Michel Basquiat were still alive, he probably would have loved NFTs. And the American painter who captured the hip-hop, graffiti zeitgeist of 1980s’ New York probably would have been all over a new venture called ArtOfficial. Backed by serial entrepreneur Gary Vaynerchuk and developed by art dealer Vito Schnabel, the venture is billed as…
What Is the Metaverse? Metaverse 101
Education

What Is the Metaverse? Metaverse 101

This is the Defiant’s foundational guide to the Metaverse. It would take way way too long to go into all the different expressions of the Metaverse but this is our view of how the core of this exciting new space is not about immersive universes with hypercolour graphics but something far simpler and more profound.
Anything But Smooth: Axie Infinity’s Love Potion Token Whipsaws Game Players
DeFi

Anything But Smooth: Axie Infinity’s Love Potion Token Whipsaws Game Players

Axie Infinity is a blockchain-based game that’s become a smash hit with crypto users. It allows players to earn real money, and lots of it, surpassing the monthly salary for many in the world’s poorest countries.  It’s a massive game, sporting 1.5M daily users, according to its most recent development update. That’s more than Bitcoin’s…
Exploring the Multi-Chain Universe Amid Incentives & Upgrades
Research & Opinion

Exploring the Multi-Chain Universe Amid Incentives & Upgrades

On-Chain Markets Update by Lucas Outumuro, IntoTheBlock Smart contract platforms’ tokens have been amongst the top performers of 2021. While Ether has recorded a remarkable 330% return year-to-date, newer platforms such as Solana, Avalanche and Terra have seen their tokens grow over 1,000% in 2021. The rise in these platforms has been driven initially by…
Decentralization Now: Coppola Studio Brings Blockchain to the Movies
DeFi

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 and digital tokens to select films for financing and production support. It is now wrapping…
Twitter Goes Full Crypto With Bitcoin Tips and a NFT Avatar Tool
DeFi

Twitter Goes Full Crypto With Bitcoin Tips and a NFT Avatar Tool

Twitter is going big into crypto starting today.  Twitter is making two major updates that will make cryptocurrency integral to its product, with more likely to come. Tipping on Twitter is expanding globally today to everyone on Apple’s iOS, and there will now be an option to tip in Bitcoin. Second, Twitter is going to…
Robinhood’s New Crypto Policy Poised to Bolster DeFi and NFTs
CeFi

Robinhood’s New Crypto Policy Poised to Bolster DeFi and NFTs

Robinhood, the wildly popular brokerage app, just made a move that could be a shot in the arm for DeFi.  It plans to introduce crypto wallets in 2022 that will enable customers to deposit and withdraw Bitcoin, ETH, and other digital tokens from their accounts to external wallets. Robinhood’s current system doesn’t provide customers with…
Oracle Pyth Goes Haywire on Solana with Bad Prices
DeFi

Oracle Pyth Goes Haywire on Solana with Bad Prices

The Pyth Network malfunctioned on Sep. 20 as the data provider reported a Bitcoin price of $5,402 on a day when other sources like CoinGecko didn’t report a BTC price below $40K. That wasn’t the only snafu. Pyth’s price feed for the stock of movie theater chain, AMC, showed a spike to $772 on Sep.…