It didn’t take long for DeFi’s rank-and-file to mobilize after the U.S. Senate ran roughshod over the community’s concerns last week. An array of players in decentralized finance are now marshaling forces to stand up for the industry. On Friday, August 13, the decentralized autonomous organization behind yield maximizer Yearn Finance authorized a transfer of…

For the first time, the circulating supply of the CRV token will grow far less quickly today. The Curve DAO started with the release of the CRV token and the beginning of liquidity mining on Curve Finance, the automated market maker that stands out as one of the best places to trade tokens that have…

A new NFT project that auctions off one digital asset per day made four sales in its debut.  The total spent? 764.75 ETH, worth around $2M in Friday trading.  The NFTs are called Nouns and their inventor, who goes by 4156 after the numbered CryptoPunk he owns, started the project wondering what the next iteration…

We’re catching up with some of the most knowledgable names on the regulatory scene for crypto in the US with Jake Chervinsky, Kristin Smith and Rebecca Rettig at a time when the stakes have rarely been higher.

In the ever booming world of NFT’s, we wanted to take a bit of a retrospective look at the last 2 months because at the start of this period, Robin did something a little spicy. 8 weeks ago, Robin gifted a BAYC to all 3 of his production team to see how they would react,…

Mango Markets, a decentralized exchange (DEX) on Solana, raised $70M from the sale of its governance token $MNGO.  Over a two-day sale period ending on August 11, buyers claimed 500M $MNGO tokens, in what the team called a “fair launch.”  Mango tokens give holders entry to the Mango DAO that governs the Mango Markets protocol.…

Curve Finance, the decentralized automated market maker (AMM) focused on stablecoin swaps, continues to cement its position as one of the cornerstones of DeFi and holders of its veCRV governance token continue to reap the rewards. On Aug. 12, Yearn founder Andre Cronje released a tool that allows DeFi projects to bribe veCRV holders with…

Facebook may be grabbing headlines with its talk about the metaverse as the basis for the company’s future, but blockchain game Axie Infinity already has a metaverse up and running and it’s grabbing something longer-lasting: revenue. Protocol revenue on Axie Infinity yielded $305 million over the last 30 days, compared with $91.4 million for Ethereum,…

Sushi is drawing back from plans to deploy on Optimism after a dispute over the Ethereum L2 solution’s launch process. On August 11, SushiSwap CTO Joseph Delong announced that Sushi would be taking a wait-and-see approach to deploying on Optimism due to what he described as “non-preferential treatment.” According to Delong, Sushi had already deployed…

The NFT marketplace OpenSea has been on a tear — at 14.61%, its primary smart contract has consumed more gas than any other on Ethereum in the last 24 hours, according to block explorer Etherscan. But there’s something strange going on in OpenSea’s waters. Ethereum wallets appear to be canceling orders at a surprising rate on…