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DeFi

Visa Transacting on Ethereum Signals Stronger TradFi-Crypto Link
DeFi

Visa Transacting on Ethereum Signals Stronger TradFi-Crypto Link

Visa is now settling transactions via stablecoins on the Ethereum network. While these are just a tiny sliver of Visa’s total volume, and only apply to one client, the fact that the largest payments network is using a public blockchain signals the integration between traditional finance and crypto is strengthening. The first such transaction in…
“I Thought I Was Living in a Simulation.” The Story Behind The +$500k Uniswap NFT
DeFi

“I Thought I Was Living in a Simulation.” The Story Behind The +$500k Uniswap NFT

A DAO bought the artist pplpleasr’s Uniswap V3 teaser video for $525K and she has committed to donating all proceeds to charity. Here’s how probably this year’s most inspiring DeFi story went down.  The 46 second video shows a pink unicorn walking through a barren landscape while tubes, which pplpleasr has later said symbolize the…
What Are VASPs and Should We Be Worried About Them?
DeFi

What Are VASPs and Should We Be Worried About Them?

You see, if you thought that just because you’re “decentralized” the regulators can’t touch you, well you might have to think again. There’s new guidance and the implications are startling. A big conversation about a big topic with Joseph Weinberg of Shyft Network
Record Bitcoin Options Expiring Putting Presssure on Price
DeFi

Record Bitcoin Options Expiring Putting Presssure on Price

The highest amount of Bitcoin options ever is set to expire this Friday, which might put some temporary selling pressure on the largest cryptocurrency. $5.5B in options contracts come due tomorrow, according to derivatives data platform Bybt. Options are investment contracts which give traders the right but not the obligation to sell or buy a…
Alpha Finance Lab Launching ALPHA Tokenomics
DeFi

Alpha Finance Lab Launching ALPHA Tokenomics

Alpha Finance Lab will be launching its ALPHA tokenomics system “in the coming days,” allowing token holders to earn fees from staking across all of ALPHA’s products, including Alpha Homora on Ethereum, Alpha Homora on Binance Smart Chain, and Alpha Homora v2.  Token stakers will gain access to features on Alpha products with the goal…
Curve Finance Fork Ellipsis Launches on BSC
DeFi

Curve Finance Fork Ellipsis Launches on BSC

Ellipsis Finance, an authorized fork of Curve Finance, launched yesterday on Binance Smart Chain (BSC).The protocol is an exchange for stablecoins and its launch doc promises traders “very low slippage and minimal fees.”  As the protocol is an “authorized fork,” holders of veCRV, Curve’s governance token which earns trading fees and liquidity provider rewards, will…
DeFi Has a First World Problem: Too Few Developing Nations’ Users
DeFi

DeFi Has a First World Problem: Too Few Developing Nations’ Users

It’s become a consensus view that the use case for cryptocurrencies becomes stronger in emerging economies, which are more often plagued with authoritarian regimes and devaluing currencies than developed nations. If that’s the case, then DeFi builders aren’t reaching the audience that needs them most. Developing nations made up only 10% of the biggest DeFi…
How to Earn Fixed Interest (20%) on UST Using Anchor Protocol
Education

How to Earn Fixed Interest (20%) on UST Using Anchor Protocol

Anchor protocol aims to deliver a fixed rate of 20% APY on your deposits. A huge improvement over traditional savings accounts in trad fi. As always, please exercise caution and common sense. This is NOT financial advice.
Uniswap V3 Drop Features L2 Move and 4,000x Gain in Capital Efficiency
DeFi

Uniswap V3 Drop Features L2 Move and 4,000x Gain in Capital Efficiency

Uniswap has mapped out what is perhaps the most anticipated DeFi product launch of the year with its post introducing its version three (V3) iteration.  The team confirmed what many hoped: following a targeted May 5th launch, a deployment to Optimism’s Layer 2 scaling solutionis “set to follow shortly after.”  As Uniswap trades currently cost…
Float Attracts $1.3B of Assets Locked as Non-Pegged Stable Assets Gain Steam
DeFi

Float Attracts $1.3B of Assets Locked as Non-Pegged Stable Assets Gain Steam

Float Protocol has over $1B of cryptocurrency locked in its contracts after less than a day since the project’s phase two distribution event began. The locked cryptocurrency “will not be used for anything,” according to the launch post, except to “distribute BANK, build an active user base, and provide signaling.”  BANK itself will be used…