DeFi
October 29, 2021

DeFi
First Uniswap ETP Goes Live as Institutional DeFi Products Proliferate
Institutional investors appear to be flocking into DeFi assets, with a flurry of institutional investment products offering exposure to the decentralized finance sector being launched by major asset managers this year.
October 29, 2021

DeFi
DeFi DAOs Diversify Token Treasuries Seeking Long-Term Survival
Decentralized money market Rari Capital's DAO is the latest to look at diversifying its treasury, launching a governance proposal that pushes for a share of its native RGT token holdings to be converted into stablecoins.
October 28, 2021

DeFi
Tokemak Decentralized AMM Hits $1B TVL — And It's Not Even Fully Launched Yet
There’s another piece of evidence that the “DeFi 2.0” movement is gaining steam. Tokemak, a project that bills itself as a decentralized market making protocol, has hit $1B in total value locked, less than two months after unveiling what it calls “reactors.” Reactors are a pooled combination of a protocol’s token, like Sushiswap’s SUSHI and…
October 27, 2021

DeFi
Paradigm Bets on a Cross-Chain Future With $21M Round for Cosmos' Osmosis DEX
Osmosis, a decentralized exchange in the Cosmos ecosystem, today announced a $21M sale of tokens from the Osmosis Foundation treasury, in a round led by Paradigm. Other investors included Robert Leshner's scout fund, Robot Ventures, Nascent, Ethereal, Figment and Terraform Labs CEO Do Kwon.
October 27, 2021

DeFi
Worldcoin Is Older Than Ethereum —Just Not the Eyeball-Scanning One
Two years before Ethereum had even been released, Worldcoin had already weathered a double-spend attack and released Worldcoin v3 — Flirtatious Ant, to rectify the situation. The DAO hack on Vitalik's blockchain was still three years out and this payments-oriented blockchain was already negotiating a blockchain-wide crisis. And yet today no one is talking about…
October 26, 2021

DeFi
Abracadabra To Offer Supercharged Stablecoin Yields By Leveraging Terra’s Anchor Protocol
“Degen” traders are likely salivating at an announcement by DeFi’s rising star Daniele Sestagalli, claiming that they will soon be able to earn high yields from their stablecoins thanks to a new cross-chain, leveraged yield farming protocol. The Abracadabra founder said today on Twitter that a protocol which connects Ethereum with the Terra blockchain to…
October 26, 2021

DeFi
Terra’s Shade-Filled SEC Lawsuit Signals Crypto is Now Ready to Fight Back
Another crypto bull run, another whirlwind of regulatory pressure. But if Terraforms Labs’ lawsuit is any indication, DeFi is better prepared to fight back this time around.
October 26, 2021

DeFi
OlympusDAO’s Success Inspires Dozens of Forks
They say imitation is the highest form of flattery. In crypto, this manifests as forks, or copies of a project’s codebase. In that sense, OlympusDAO must be feeling pretty flattered.
October 25, 2021

DeFi
Lisbon Surfaced The Evolution of DAOs, Solarpunks vs. Lunarpunks and Web3 Social Media
As people from all over the world gathered in Lisbon, “gm’s” turned to “bd’s” and the metaverse met in meatspace for a week of events and fanfare kicking off with LISCON. Whether it was in the compact hilly cobblestones that lined the city streets or the rooftops overlooking the Pombaline skyline, there was a certain…
October 25, 2021

DeFi
Team Behind Hummingbot Gives Away Its Code Via Foundation
Sometimes a company can give away their technology and still turn a strong profit. Red Hat became a large company helping businesses use Linux, the classic open source project. It sold in 2018 for $34B to IBM. CoinAlpha is a company that runs on software it created called Hummingbot, a software client that automates market…