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Building the Investable Layer of Music, by 3LAU
Research & Opinion

Building the Investable Layer of Music, by 3LAU

A Creator’s Perspective: Music & Distributed Ledger Tech Tokenizing music is still in experimental stages but my long-term vision is that digital collectibles will evolve into true fractional ownership in a song’s master recording rights, allowing artists to disintermediate the music industry and fans to gain from their success.  After brainstorming for months on a…
"I'm Imagining a World Where Every Song Has an Investable Layer:" DJ 3LAU
Podcast

"I'm Imagining a World Where Every Song Has an Investable Layer:" DJ 3LAU

In this week’s podcast, we interview Justin Blau, better known as 3LAU, one of the world’s top DJs, who is also at the forefront of the intersection between music and crypto. He became interested in blockchain technology because it can provide a means for fans to provably to own digital content, and for artists to better…
Algorithmic Stablecoins: Sexy AF or A Load of Pants?
CeFi

Algorithmic Stablecoins: Sexy AF or A Load of Pants?

While your regular crypto asset will fling you around like a ragdoll and reduce your life expectancy by double digits at least twice a month, stablecoins wrap us in a warm embrace and whisper in our ears that maybe, just maybe, things will be okay. They’re an anchor, a refuge and they too come in…
Ledger Suffers Another Data Leak
Hacks

Ledger Suffers Another Data Leak

Ledger customers’ data has been leaked yet again, putting the state-of-the-art hardware wallet company into another compromising position.  Ledger announced on Twitter that it has been targeted by rogue Shopify team members who exported over 200 merchants’ customer databases in April and June of 2020. 292,000 customers have been affected, and Ledger says that while…
A Blockchain Expert Might be the New SEC Head
DeFi

A Blockchain Expert Might be the New SEC Head

Joe Biden’s new SEC chair may be, if not an advocate, at least very knowledgeable on blockchain technology. President-elect Joe Biden will be appointing MIT professor Gary Gensler as chair of the U.S. Securities and Exchange Commission, Reuters reported. Gensler is a Professor of the Practice of Global Economics and Management at MIT’s Sloan School…
LINK Moving Off Exchanges Signals Potential Rebound
DeFi

LINK Moving Off Exchanges Signals Potential Rebound

Chainlink has fallen out of favor in the last few months, possibly due to the parabolic run-up it enjoyed in mid 2020, but the worst may be over. LINK’s supply ratio has been transitioning off exchanges ever since it reached a peak price of $20 in early August, on-chain market analytics firm Santiment revealed. .…
EIP-1559 Is Ready. Or is it?
DeFi

EIP-1559 Is Ready. Or is it?

Ethereum Improvement Proposal 1559, a long awaited update to Ethereum’s core codebase, was rumored to be ready for deployment yesterday in a leaked Discord conversation on Twitter. The proposal aims to change Ethereum’s transaction fee mechanism to improve user experience and reduce ether inflation. Most Significant  As EIP-1559 is viewed by the broader Ethereum community…
DeFi Founders Empathize With Cronje’s “Rant”
DeFi

DeFi Founders Empathize With Cronje’s “Rant”

Yearn Finance founder and prolific DeFi builder Andre Cronje posted a part two to his initial post “Building in #DeFi sucks.” And while they didn’t say it sucks, other prominent founders in the space agreed that the pressure is on. Cronje’s post offered a glimpse into the intense pressure that’s put on developers, especially in…
Notional Comes out of Stealth With Fixed Lending Protocol
DeFi

Notional Comes out of Stealth With Fixed Lending Protocol

Notional Finance has come out of stealth with $3M in liquidity following a closed beta over the past quarter. Notional users can lend and borrow the stablecoins DAI and USDC at fixed rates using ETH or WBTC as collateral. A 10k USDC loan has a fixed APR of 4.27%, while a 10k USDC deposit has…
CryptoPunk NFT Sold for Record 140 ETH
NFTs & Web3

CryptoPunk NFT Sold for Record 140 ETH

A 24 x 24 pixel image sold for a whopping 140 ETH, or $176k, the highest USD price on-record for a non-fungible token. It’s the latest sign that the crypto art market is heating up.  The piece sold is CryptoPunk 8219, one of 24 Ape punks. To some, it’s just a low-resolution image of a…