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The Defiant guide to DeFi Indexes – Be Like Buffett
DeFi

The Defiant guide to DeFi Indexes – Be Like Buffett

After all, if it’s good enough for the Oracle of Omaha… might there be something here for us? In this episode we’re going to look at indexes both centralised and decentralized before ending our journey at the mysterious $DEGEN token.
Equilibrium Creating Version of Curve on Polkadot
DeFi

Equilibrium Creating Version of Curve on Polkadot

Equilibrium, an interoperable money market, announced on a Feb. 9 Medium post plans to create a version of Curve Finance’s automated market maker on the project’s chain within the Polkadot ecosystem. Equilibrium will be able to facilitate trading for homogeneous assets on Polkadot, whether they are DOT-based or different tokenized versions of the same asset,…
NBA Top Shot's $50M in Sales Beats CryptoKitties and Decentraland
DeFi

NBA Top Shot's $50M in Sales Beats CryptoKitties and Decentraland

The whole NFT digital collectible market has been exploding lately, but NBA Top Shot is in a league of its own.  NBA Top Shot is a line of officially licensed, collectible NFTs (made by CryptoKitties creator Dapper Labs) showcasing the best moments from NBA games. Unlike most other collectible NFTs, which are dropped on marketplaces…
MetaMask Raking in ~$170k/Day Shows DeFi Wallets Work as Businesses
DeFi

MetaMask Raking in ~$170k/Day Shows DeFi Wallets Work as Businesses

MetaMask is making about $170k per day thanks to its token swap feature, Tom Schmidt of Dragonfly Capital said in a tweet, which was later confirmed with data the wallet’s team published in a Dune Analytics dashboard. The decentralized wallet and most popular gateway to DeFi is processing between $15M and $20M in daily trading…
Aave Defies Expectations But May Be Getting Overheated
DeFi

Aave Defies Expectations But May Be Getting Overheated

Aave continues to surpass expectations from an investment standpoint and in terms of progress in the underlying protocol, but on-chain data shows holders may be preparing to take profits. Aave recently achieved over $5 billion in total value locked, becoming only the second protocol to achieve this feat. Having nearly doubled in TVL within a…
AirSwap Enables Token-Based Governance
DeFi

AirSwap Enables Token-Based Governance

Ethereum applications incubator ConsenSys has completed the transition to Phase II of their decentralized peer-to-peer trading system, AirSwap, enabling token-based governance. AirSwap said their token launch participants included over 9k people from 135 different countries. Now with Phase II completed, they’re aiming to push their network development further. AirSwap is now inviting users to stake…
Spartan Group Launches New DeFi Venture Fund
CeFi

Spartan Group Launches New DeFi Venture Fund

The Spartan Group has announced the launch of its $50M Spartan DeFi Venture Fund aimed to back new founders and innovators in the DeFi space. The group has raised $30M of their targeted $50M. Investors include bankers and finance industry veterans who want to see DeFi succeed as the future of finance.  They pitch themselves…
Yearn Hack Sparks $1.7M DeFi Insurance Claim Controversy
DeFi

Yearn Hack Sparks $1.7M DeFi Insurance Claim Controversy

Last week’s Yearn Finance hack has a DeFi user wrestling with an insurance protocol over a $1.7M claim. Twitter user kferretcrypto, who bought a claim provided by Nexus Mutual, an insurance protocol, in September, tweeted on Feb. 6 that the Yearn hack triggered a 1,000 Ether payout (or about $1.7M), by ArmorFi, an insurance aggregator…
Yearn Restores yDAI Vault and Compensates Hack Victims
DeFi

Yearn Restores yDAI Vault and Compensates Hack Victims

Yearn Finance, the yield aggregator protocol which suffered the first major hack of 2021 last week, is healing, making its Dai savings smart contract available to users again, and compensating victims of its recent hack. Yearn has restored its yDAI vault and returned $9.7M in DAI funds to users who had their stablecoins deposited in…