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NFTs & Web3
NFThub Launches Landing Pad for NFT Metaverse
NFThub, which describes itself as a landing pad to navigate the NFT metaverse, emerged from “stealth Beta” this week with the launch of its governance token $gNFT. The site’s initial features include a “public community calendar [to which] anyone can submit an event” and an “open registry” in development on which anyone “can list a…

DeFi
Balancer V2 is Now Live Along With $2M Bug Bounty
Balancer Protocol’s updated smart contracts, which allow for users to further customize token pools, are now public and open source. The project is offering a 1k ETH bug bounty to spot vulnerabilities in the code. Balancer’s new architecture is based on a single vault that holds and manages tokens, giving Balancer V2 flexibility to support…

DeFi
Liquity Network Attracts Over $2.4B in Assets in Two Weeks
Liquity Network, relatively unknown before its April 5 launch, now has $2.4B of ETH locked, placing it 11th among all Ethereum protocols, ahead of open finance mainstays Synthetix and Bancor. The protocol resembles MakerDAO in that users lock up ETH in order to mint Liquity’s stablecoin LUSD, but differs from the DAI-orginiator in that it…

DeFi
Meme-Makers Are Finally Cashing in On Internet Fame With NFTs
Before, going viral offered didn’t much more than internet fame. Now, it’s providing the humans behind the memes with hefty paydays, thanks to NFTs. The recent upswing in NFTs has given memes a new monetization avenue to the tune of 100+ ETH sales. Most of these memes are selling on Foundation – the new kid…

DeFi
Enter the Dark Forest: The Terrifying World of MEV and Flash Bots
“It’s no secret that the Ethereum blockchain is a highly adversarial environment. If a smart contract can be exploited for profit, it eventually will be. Some very smart people spend a lot of time examining contracts for vulnerabilities. But this unforgiving environment pales in comparison to the mempool. If the chain itself is a battleground,…

DeFi
Ether Locked in DeFi at All-Time High After Market Crash
An all-time high of 11.2M Ether is locked in DeFi protocols, despite a weekend sell-off. Liquidations spiked, while tokens continue sliding. Locked Ether’s resilience may show that DeFi participants do not consider the recent drop in price to signal a long-term trend and thus are not unlocking their ETH in order to sell. Borrowers may also…

Podcast
"We're Lifting Barriers For Outside Users; If You Allocate Capital in a Vacuum, It's Kind of Meaningless:" Terra's Do Kwon
In this week’s episode, we interview Do Kwon, cofounder of the Terra ecosystem, which includes a payments network, a stablecoin, a lending protocol and a synthetic assets platform. We talk about how he was able to achieve what most crypto companies can’t: Get a broad non-crypto native user base. Terra’s Chai payments system, which uses the Terra stablecoin, has about…

DeFi
Low-ish Ethereum Gas Fees Point to Flashbots Adoption
As ETH reaches new highs and the larger DeFi market booms, average gas prices have remained surprisingly stable throughout April––and that may be all thanks to one project working at the very core of the chain. Flashbots Alpha is a proof-of-concept communication channel between traders and miners that allows formerly inefficient on-chain bidding wars to…

DeFi
ShapeShift and THORChain Enable BTC-to-ETH Trading
ShapeShift’s mobile platform has integrated with multi-chain liquidity protocol THORChain to offer native Bitcoin trading without KYC. THORChain’s recently launched multichain “chaosnet” enables cross-chain swaps amongst the Ethereum, Bitcoin, Bitcoin Cash, Litecoin, and Binance Chain networks. THORChain’s native token, RUNE, exploded 111% over the past two weeks building up to the launch.Through THORChain, Shapeshift users…




