The DeFi Pulse Index (DPI) has added Sushiswap’s Sushi token to its set of assets.  DPI now includes 12 tokens, with Sushi comprising 8% of the index’s total value. The only three project’s with tokens representing higher allocations are Uniswap, Aave, and Synthetix, with 30, 19, and 13% respectively. The projects launched within a month…

Enjin, the blockchain software company that co-created the ERC-1155 token standard, will be launching two scaling solutions intended to remove gas fees and provide cross-chain support for NFTs. JumpNet will be a “high-speed bridge network” that allows users to mint, distribute, and trade ERC-1155 NFTs (and ERC-20 tokens) without any gas cost or transaction fees.…

Ubisoft, the video game company behind major franchises like Assassin’s Creed and Far Cry,  has entered the NFT arena with its newest mobile game, One Shot League. This marks the first time that a major gaming studio has developed a video game revolving around NFTs.  One Shot League is a collaboration between Ubisoft and Sorare,…

Compound Finance has introduced a prototype blockchain which allows users to borrow on one chain against collateral on another chain. When the blockchain, called Gateway, is live, users will be able to, for example, deposit Polkadot’s native DOT token, and borrow Ether against that collateral, freely using that ETH in the Ethereum ecosystem. This contrasts…

One of the main concerns revolving NFTs are liquidity. How do you pass it on if it has no buyers? In this tutorial we go over NFT20, a platform allowing users to swap, trade, and sell NFTs.

Deposits in Yearn Finance’s DAI vault are rising after synthetic assets protocol Alchemix started using Yearn for its backend last week.  Alchemix deposits quintupled to almost $130M from less than $25M on Feb. 27, when the protocol launched. The surge pushed Yearn to raise its Dai vault limit to 300M from 100M. The move shows…

An anonymous hacker has exploited transaction batching  protocol Furucombo and walked away with $15M in stolen crypto over the weekend. The team is pledging to compensate victims. The attacker used a contract which tricked Furuсombo into thinking that their contract was a new version of Aave, and was able to transfer funds of every user…

ArmorFi CTO Robert Forster has awarded the Dedaub Team $250k $ARMOR tokens following the successful disclosure of a critical vulnerability in Primitive Finance to Immunefi. The award is part of the R Bounty program, now renamed the Founders Bounty, where Foster, working together with Immunefi, pledged that amount to anyone who discovered a flaw in…

An unknown developer has deployed a smart contract called “Tinenanmen_Square”  (mis-spelling Tiananmen Square), a censored topic in China, on Binance Smart Chain (BSC), with the implied intention of testing just how decentralized the chain really is.  The smart contract is a game where users can mint TANK tokens starting at 1,000 TANKs, and going down…

As high-profile NFT sales gain unprecedented mainstream visibility, the crypto space seems to be primed for an influx of newcomers. Just two days into March, and it’s clear this is going to be another record-setting month with major NFT auctions already making waves.  Beeple The first is Beeple’s “Everydays: The First 5000 Days” NFT which…