DeFi is a growing ecosystem of protocols and applications, which are delivering value to several thousands of users, and transacting the equivalent of hundreds of millions of dollars in digital assets, every day.  The very foundations of a new financial system are being laid, with applications that enable everything from simply making transfers and payments,…

Set Protocol is doubling down on the success of the DeFi Pulse index by launching a new project – the Index Coop – focused on creating accessible crypto indexes. Tokensets, a platform for users to purchase sophisticated trading strategies in the form of ERC20 tokens called Sets, recently deployed the DeFi Pulse Index (DPI), a…

What happens when you create a fair launch governance token for a community-owned digi-physical brand apparel platform? You get $ROBOT. MetaFactory, which produces limited edition  wearables for crypto designers advancing Web3 culture, is distributing the ownership of the project via a token called ROBOT. The initial token distribution of 39k ROBOT went to the 43…

A non-fungible token is set to be sold at one of the world’s most prestigious auction houses tomorrow, in a world’s first. Portraits of a Mind, the work by artist Robert Alice is composed of two parts, a physical painting and an NFT. The NFT to be auctioned at Christie’s was developed by Async Art,…

MetaMask, the most popular Ethereum wallet, is often used as a gateway to DeFi but today it becomes part of the growing financial ecosystem itself as it introduces the ability to swap tokens directly on the app. MetaMask will source its liquidity across decentralized exchanges and DEX aggregators with the aim of providing the best…

In this guide we’ll be helping you take your first steps into the boundless world of Decentralized Finance, better known as DeFi. DeFi is a growing movement which has the potential to democratize access to  financial services.  This emerging ecosystem is being built on global, public and distributed networks such as Ethereum, and uses smart…

This is The Defiant x Harmony, a weekly series brought to you by Harmony Protocol’s Creative Director, Robin Schmidt, and Camila Russo, the founder of The Defiant, to explore DeFi’s most important stories and demystify this exciting emerging financial space.

Gavin McDermott: Long time ago, I was in finance, and I was looking for a way to improve just the general system state, so when Bitcoin happened, that made a lot of sense. Ended up moving to San Francisco in 2012, it’s where I met Mike Belshe and I was the first engineer hire there...

CFTC charges against BitMEX are bound to push more cryptocurrency projects towards decentralization — but that means actual* decentralization. The Commission today filed charges against BitMEX and its owners and operators including CEO Arthur Hayes for operating a trading platform without CFTC approval, and for failing to implement know-your-customer procedures, a customer information program, and…

In the last month, almost every major DeFi project has been forked. Some of the forks have even been forked themselves. But do these near-copies of projects actually add any value? Or are they simply opportunistic money-grabs? Like many things in life, the truth isn’t always clear-cut. Each fork, from SushiSwap, to Swerve, to Cream,…