In a record-breaking deal for a Latin American crypto company, Buenbit, an exchange based in Argentina has raised $11M in Series A funding. Buenbit, the leading cryptocurrency platform in South America’s second-biggest economy,  allows users to exchange fiat currency for BTC, ETH, and DAI.  In May, Buenbit launched operations in Peru, and now with their…

In this week’s episode we speak with Tim Beiko, who organizes the Ethereum core developers calls and knows all the intricacies and latest development of the world’s most active blockchain. We spoke right after Beiko had proposed a date for the implementation of one of the biggest changes expected to happen to the Ethereum blockchain in…

DeFi’s most popular stablecoin issuer is going public. Circle, which issues the USDC stablecoin, announced its plans yesterday to go public in Q4 of this year through a special purpose acquisition company (SPAC). The deal will happen with Concord Acquisition Corp. and Circle will trade under the ticker symbol CRCL with the transaction valuing the…

What are CryptoPunks packing down there?  That’s what one new limited-run avatar NFT project, CryptoJunks, is sharing with the Internet. The CryptoJunks project uses the head and shoulders art of CryptoPunks to create matching genitalia. There’s tentacle penises, peeing pee-pees, regular ole schlongs; pink, coiffed lady parts, peach punani and sadist snatches, where the hand…

It’s shaping up to be a big month for Sushiswap. The decentralized automated market maker (AMM) is slated to release its much-anticipated V3 upgrade, codenamed MIRIN, on July 20. A host of new features are expected including limit orders, improved support for multi-token yield farming, MEV protection, and an upgraded user interface. xSUSHI Boost  A…

This is Jam Session No. 1. We’ll be exploring the long term viability of NFTs as artist/creator communities, what we can learn from Hollywood and major platforms like Beats and the bright future of play-to-earn.

Okay, so this ultra sound money thang. What is it? Well it’s a meme. A joke from the inner circles of Ethereum communities to describe what’s going to happen to Ethereum as it transforms this year. And we have researcher Justin Drake to thank for its genesis which starts with a single tweet.

SushiSwap will likely add an NFT platform soon.  The decentralized exchange for swapping Ethereum-based tokens has been branching out into a one-stop shop for DeFi, with spin-off protocols for lending (Kashi), dapp usage (BentoBox), and yield farming (Onsen).  Now with Shoyu, NFTs are being added to the mix. The platform was proposed to the Sushi…

Crypto prices have taken a hit in the past 24 hours with open finance’s leading index DeFi Pulse Index down 8.14% at the time of writing and Ether down 8.9% in that same span. Bitcoin too is down 6.1%. The selloff comes with the backdrop of a slump in the general equities market — the…

Sygnum has become the world’s first bank to offer Ethereum 2.0 staking. The digital asset bank based out of Switzerland will allow clients to securely stake Ethereum through its banking platform. Currently, Ethereum staked through Sygnum can generate yields of up to 7% per annum.  Ethereum 2.0 is a scalability upgrade to the Ethereum network,…