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Twitter Drops 140 Free NFTs on Rarible
NFTs & Web3

Twitter Drops 140 Free NFTs on Rarible

Twitter is on Rarible. Yes, the gigantic social media platform. That Twitter.  On June 30, the official Twitter account tweeted that it was giving away 140 free NFTs based on the platform’s aesthetic, brand and memes. These one-of-twenty edition NFTs included a furry Twitter bird, an overflowing bottle of blue Twitter vitamins, and a Twitter…
After the Gold Rush: What Are the Next Steps for NFTs?
Research & Opinion

After the Gold Rush: What Are the Next Steps for NFTs?

Non-fungible tokens (NFTs) exploded into popular consciousness in the first half of 2021. In particular, the art world really began to take notice of this asset class, which allows for clear ownership of a unique virtual item.  Whether it was the digital artist Beeple selling his NFT piece for more than $60 million, Covid Alien…
Get Your Future Yield Now with $PENDLE
Education

Get Your Future Yield Now with $PENDLE

Pendle is a futuristic DeFi protocol that allows you to realise the future interest of a yield-bearing token like aUSDC or cDAI by breaking it into two derivative tokens, a Yield Token and an Owner Token. This opens up fresh possibilities for owners to create liquidity, for traders to leverage yield opportunities without locking up…
Defiant Degens: How to Farm Up to 30% APR with alETH by Alchemix
Education

Defiant Degens: How to Farm Up to 30% APR with alETH by Alchemix

This is a weekly tutorial on the most compelling opportunities in yield farming, written by our friend DeFi Dad, an advisor to The Defiant. The goal is to expose more Defiant readers to new DeFi applications and their associated liquidity mining programs. Before reading this tutorial, a bug was discovered two weeks ago in the…
Federal Reserve Bigwig Defends Stablecoins as Alternative to Digital Dollars
DeFi

Federal Reserve Bigwig Defends Stablecoins as Alternative to Digital Dollars

There’s nothing to be afraid of with stablecoins. That’s the main message Randal Quarles, the vice chair for supervision at the Federal Reserve and a member of its board, delivered on June 28, surprising a DeFi community that’s become inured to getting dissed by the financial establishment. Quarles believes private-sector stablecoins are a worthy alternative to…
Coinbase and Compound Vow to Manage Risks in Crypto Savings Push
DeFi

Coinbase and Compound Vow to Manage Risks in Crypto Savings Push

Whopping interest rates on offer from crypto lending platforms have been a big story over the last several months. Now Coinbase and Compound, two giants in the space, are wading in with their own reinventions of an old banking staple — the savings account.  The question is, are customers ready for the torque and complexity…
NFTX Aims to Spike Liquidity with New Release
NFTs & Web3

NFTX Aims to Spike Liquidity with New Release

The second version of NFTX  is designed to refine one of the core needs in the NFT market — liquidity.  NFTX has long served as a liquidity hub for people who want to buy and sell the cheapest NFTs from any given collection (ie: the lowest-value Cryptopunks).  Zombie Punks Now the V2 will simplify NFTX’s…
Turn your NFTs into ERC20 tokens with NFTX V2
Education

Turn your NFTs into ERC20 tokens with NFTX V2

NFTX is a platform for making ERC20 tokens that are backed by NFT collectibles. These tokens are called funds, and (like all ERC20s) they are fungible and composable. With NFTX, it is possible to create and trade funds based on your favorite collectibles such as CryptoPunks, Axies, CryptoKitties, and Avastars, right from a DEX like…
Not Just a Bank Run: New Evidence Shows Iron Finance Crashed Due to Code Exploit
Research & Opinion

Not Just a Bank Run: New Evidence Shows Iron Finance Crashed Due to Code Exploit

$2B of market value lost in even less time than what would be considered an “overnight disaster” will be recognized as one of DeFi’s darkest days. It would be pretty unbecoming if the people didn’t band together against centralized entities in Decentralized Finance which caused this debacle. But  the people did, and with the official…
Synthetix Founder Announces Return to “Save the Project”
DeFi

Synthetix Founder Announces Return to “Save the Project”

Kain Warwick, founder of derivatives liquidity protocol Synthetix, is back.  The founder had previously stepped away from the protocol to take on a “more passive role,” but has now declared his intention to run for the Spartan Council, an eight-member governance DAO that votes on and manages changes to the protocol. Warwick previously stewarded the…