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Keeping It Real – Talking PFP’s with Crypto Muggles
DeFi

Keeping It Real – Talking PFP’s with Crypto Muggles

In the ever booming world of NFT’s, we wanted to take a bit of a retrospective look at the last 2 months because at the start of this period, Robin did something a little spicy. 8 weeks ago, Robin gifted a BAYC to all 3 of his production team to see how they would react,…
Hackers Wanted: $1M  Bounties Entice White Hats to Hunt for DeFi Bugs
Hacks

Hackers Wanted: $1M Bounties Entice White Hats to Hunt for DeFi Bugs

Should I just steal the money? There’s a vulnerability in the code… Of a DeFi protocol with $3B in TVL. I was just looking at the open-source code for fun. But now, it’s serious. There’s a bug bounty, a reward that pays out $10K to anyone who finds a major weakness. But exploiting this vulnerability…
Solana DEX Mango Markets Raised $70M in Token Sale
DeFi

Solana DEX Mango Markets Raised $70M in Token Sale

Mango Markets, a decentralized exchange (DEX) on Solana, raised $70M from the sale of its governance token $MNGO.  Over a two-day sale period ending on August 11, buyers claimed 500M $MNGO tokens, in what the team called a “fair launch.”  Mango tokens give holders entry to the Mango DAO that governs the Mango Markets protocol.…
Rarible Shakes Up NFT Race with New Protocol
NFTs & Web3

Rarible Shakes Up NFT Race with New Protocol

Rarible is lowering the barrier to entry for developers looking to launch NFTs projects. On August 12, the NFT platform launched Rarible Protocol, an open-source toolkit for developers to create custom NFT storefronts and marketplaces. The tech stack includes contracts, standards, and APIs for minting, exchanging and indexing NFTs.  Rarible is one of the most…
Token Thieves Mint Hundreds of Illicit NFTs in Radical Heist
NFTs & Web3

Token Thieves Mint Hundreds of Illicit NFTs in Radical Heist

There’s been an art theft of NFTs!  Yesterday, an attacker stole tokens from a DAO called Bright Moments and used them to mint the remaining 309 NFTs involved in the organization’s flagship project, CryptoVenetians. The project announced on Discord that one of their members fell victim to a phishing attack which exposed their private key. …
There's Now an App for Bribing Curve Token Holders
DeFi

There's Now an App for Bribing Curve Token Holders

Curve Finance, the decentralized automated market maker (AMM) focused on stablecoin swaps, continues to cement its position as one of the cornerstones of DeFi and holders of its veCRV governance token continue to reap the rewards. On Aug. 12, Yearn founder Andre Cronje released a tool that allows DeFi projects to bribe veCRV holders with…
Axie Infinity Has Beaten Even Ethereum in Network Fees Thanks to its Sidechain
DeFi

Axie Infinity Has Beaten Even Ethereum in Network Fees Thanks to its Sidechain

Facebook may be grabbing headlines with its talk about the metaverse as the basis for the company’s future, but blockchain game Axie Infinity already has a metaverse up and running and it’s grabbing something longer-lasting: revenue. Protocol revenue on Axie Infinity yielded $305 million over the last 30 days, compared with $91.4 million for Ethereum,…
The Bulls are Back Despite Crypto’s Washington Woes
Markets

The Bulls are Back Despite Crypto’s Washington Woes

The crypto rally is raging even as regulation that has the potential to clampdown on the industry looms in the U.S. Digital assets are up across the board — Bitcoin has surged 14% in the last seven days, hitting a high of $46,704 in the last 24 hours before settling around $45,000 in early morning…
Sushi Won't Launch on L2 Optimism, Citing Preferential Treatment of Uniswap
DeFi

Sushi Won't Launch on L2 Optimism, Citing Preferential Treatment of Uniswap

Sushi is drawing back from plans to deploy on Optimism after a dispute over the Ethereum L2 solution’s launch process. On August 11, SushiSwap CTO Joseph Delong announced that Sushi would be taking a wait-and-see approach to deploying on Optimism due to what he described as “non-preferential treatment.” According to Delong, Sushi had already deployed…
Something Fishy is Happening on OpenSea as Bots Upset NFT Auctions
DeFi

Something Fishy is Happening on OpenSea as Bots Upset NFT Auctions

The NFT marketplace OpenSea has been on a tear — at 14.61%, its primary smart contract has consumed more gas than any other on Ethereum in the last 24 hours, according to block explorer Etherscan. But there’s something strange going on in OpenSea’s waters. Ethereum wallets appear to be canceling orders at a surprising rate on…