Latest

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…

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…

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. .…

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
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…

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…

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…

DeFi
Trump’s Deplatforming Has Crypto Leaders Calling For Decentralization
While half of America likely cheered the deplatforming of Donald Trump, crypto was calling for decentralized social media. Facebook and Twitter have banned the President from their networks, while Google and Apple have taken rightwing social network Parler, off their app stores with Amazon also pulling its web services from the app, taking it offline.…

DeFi
Aragon Faces Wave of Resignations and It’s Not Clear Why
[Story was updated at 2:58pm EST] The Aragon community is facing mass resignations and nobody in the leadership team is being forthright as to what exactly is driving the exodus. The latest high-profile resignation was from Jorge Izquierdo, chief executive of Aragon One, the for-profit entity building tools and apps on the Aragon protocol. Izquierdo,…
