Five months after opening the door to SushiSwap, Harmony One is inviting more major DeFi apps to hop on its blockchain.   Harmony One, one of a handful of platforms that uses sharded proof-of-stake for consensus, wants Curve Finance, the automated market maker, and Aave, the lending platform, to join the party. It’s offering $2M in…

A copyright battle is being waged in the NFT space.  On August 16, Sad Frogs District, a collection of 7,000 Ethereum-based non-fungible tokens (NFTs), was delisted from OpenSea, the largest NFT marketplace. According to the OpenSea team, the action was taken in response to a Digital Millennium Copyright Act (DMCA) takedown request by Matt Furie,…

Mercurial Finance is building the liquidity platform for stable assets on Solana. As the DeFi ecosystem on Solana grows, there will be many different variants of collateralized, wrapped, and synthetic assets in the space. Their most immediate objective is to provide the best liquidity for all the major stable and pegged assets on Solana, which…

In this week’s episode we speak with Ryan Selkis, CEO and founder of Messari, one of the most popular crypto data and research companies. Ryan has been very vocal about crypto regulation in the US. We talk about how he believes the infrastructure bill was a catalyzing event for the whole American crypto ecosystem. He believes while there are…

The Solana blockchain’s SOL token is soaring to an all-time high, climbing the ranks to become the tenth largest cryptocurrency in terms of market capitalization.  SOL rallied as much as 38.8 % to $68.24 today, the highest ever. The digital asset is up 3,441.9% this year, compared with 353.3% for ETH and 58% for BTC. …

Vitalik Buterin, criticized the state of on-chain governance today on his blog, arguing blockchain projects have become overly reliant on token-based voting as they try to become more decentralized.   Buterin wrote: “The most important thing that can be done today is moving away from the idea that coin voting is the only legitimate form of…

It didn’t take long for DeFi’s rank-and-file to mobilize after the U.S. Senate ran roughshod over the community’s concerns last week. An array of players in decentralized finance are now marshaling forces to stand up for the industry. On Friday, August 13, the decentralized autonomous organization behind yield maximizer Yearn Finance authorized a transfer of…

On-Chain Markets Update by Juan Pellicer, IntoTheBlock Axie Infinity has recorded unprecedented growth in the crypto space. This week the data confirmed that it surpassed more than $1 billion in sales and the equally spectacular achievement of one million daily users. Where is the limit for Axie Infinity? Will play-to-earn help to expand crypto adoption…

For the first time, the circulating supply of the CRV token will grow far less quickly today. The Curve DAO started with the release of the CRV token and the beginning of liquidity mining on Curve Finance, the automated market maker that stands out as one of the best places to trade tokens that have…

A new NFT project that auctions off one digital asset per day made four sales in its debut.  The total spent? 764.75 ETH, worth around $2M in Friday trading.  The NFTs are called Nouns and their inventor, who goes by 4156 after the numbered CryptoPunk he owns, started the project wondering what the next iteration…