In this week’s interview, I spoke with Dan Elitzer and Clinton Bembry, who were part of the founding team of Yam. Yam Finance is an experiment in rebasing cryptocurrencies, plus token incentives, plus full on-chain governance, plus a DAO-like treasury managed by token holders. It’s also testing the power of the emoji and opened the...

MakerDAO traders who had their collateral wiped out during DeFi’s so-called Black Thursday, received bad news from the protocol’s decentralized court this week: they won’t be getting a penny (or gwei) back. Their only hope now lies in traditional/centralized courts. On March 12th, DeFi experienced its worst day on record as prices tanked by more…

Non-Fungible Tokens (NFTs) are back again. Well, sort of. This week, the crypto community shifted its attention from DeFi, forks, and $UNI to NFTs like $SOCKS, $MEME, $FAME, and $NEUE and NFT platforms like Rarible, Mintbase, OpenSea, Zora, and Foundation. NFTs have been around for more than two years, and just as DeFi is having…

A leaked Telegram chat has the DeFi community decrying that some of the space’s most well-known influencers were orchestrating a pump and dump scheme around a token called $FEW, an accusation the crypto personalities involved deny. The question is whether the group was created with the specific purpose of leveraging the members’ follower base to…

Yam Finance’s first successful monetary exercise yesterday marks a new start to DeFi’s original food-based token YAM is an experiment in rebasing cryptocurrencies, plus token incentives (aka yield farming) to drive liquidity, plus full on-chain governance, plus a DAO-like treasury managed by token holders. It’s also testing the power of the emoji. Its Aug. 11…

It was a sea of red in the market yesterday. But while Ether slid by almost 10% and all DeFi tokens plunged even deeper, one project astonished the crypto world accelerating the 10x increase it had seen in the last seven days: $MEME A ticker most would pass off as a pump and dump. But…

This week’s interview is with Jeff Zirlin, aka Jihoz, growth lead at Axie Infinity. Axie is a digital game built on Ethereum, which involves cute animals going to battle against each other and allowing gamers to take control of their digital assets. Jihoz got into blockchain-based games with CryptoKitties after he was banned from his…

With DeFi’s explosive activity over the last month, Ethereum users have been struggling under the weight of transaction fees. Consequently, expert crypto traders are forced to rethink strategies and newcomers have more than likely thought twice about participating.  You can try to grow sustainable crops in volcanic soil, but you won’t get very far while…

Uniswap dropped the mic with the surprise launch of its native governance token – UNI. Uniswap,  the leading DeFi DEX averaging more than  $350M in daily volume over the past month, airdropped 15% of the total 1 billion UNI minted at genesis, to anyone who had ever interacted with the protocol since its inception. UNI…

In the latest DeFi drama a developer and investor behind a token called SAFE made a mistake when deploying a piece of code and now they’re both calling each other out and publishing their private chats, as the token tanks. But this petty squabble points at a bigger problem: the latest DeFi trend of community-owned…