Bullish news continues to circulate as ETH price keeps dropping or moving sideways at best. Are we merely in an accumulation phase, or has the bear market started, and we’re all in denial? Ethereum’s Ether is down 11% in the past 30 days and has plunged 46% since its $4,357 high reached in May. It…

On-Chain Markets Update by Lucas Outumuro, IntoTheBlock DeFi is gearing up for broader adoption. Currently most DeFi protocols are looking at layer 2 scaling solutions or a multi-chain approach to be able to make transactions more affordable and scalable. While this reduces new users’ barriers to entry in terms of cost, they still have to…

Non-fungible tokens (NFTs) exploded into popular consciousness in the first half of 2021. In particular, the art world really began to take notice of this asset class, which allows for clear ownership of a unique virtual item.  Whether it was the digital artist Beeple selling his NFT piece for more than $60 million, Covid Alien…

$2B of market value lost in even less time than what would be considered an “overnight disaster” will be recognized as one of DeFi’s darkest days. It would be pretty unbecoming if the people didn’t band together against centralized entities in Decentralized Finance which caused this debacle. But  the people did, and with the official…

Welcome to the first Global Digital Finance x The Defiant column, bringing you the stories and discussions that have caught our eye this month.  From market infrastructure to institutional investors to the digitalization of private markets, we’ll look at how decentralization is reshaping traditional finance. .  ETPs showing that Digital assets are ‘here to stay’ Bitcoin-indexed…

Refund is a word rarely heard in DeFi. So is redemption. Malt protocol is an algorithmic stablecoin that launched two weeks ago on the Polygon network. After an explosive launch, bugs in the smart contracts caused the MALT stablecoin to lose its peg and left many users unable to withdraw their funds. The protocol was…

What a wild moment.  When Grayscale Investments launched its Decentraland trust back in February it was hard to believe that a Wall Street firm with $40B in assets was firing up a vehicle to invest in one of the most exotic experiments in crypto. Created on the Ethereum blockchain six years ago, Decentraland is a…

On-Chain Markets Update by Lucas Outumuro, IntoTheBlock Yearn Finance is quickly turning into an asset management behemoth. Propelled by its thriving community, Yearn’s fundamentals are looking stronger than its traditional finance counterparts.   After recently hitting a new all-time high of $5 billion+ in TVL, Yearn also broke its highest monthly revenues.  Making over $10 million…

The explosion of activity in DeFi markets over the last year highlighted both possibilities and problems inherent to blockchain systems, including the phenomenon of miner—or maximal—extractable value (MEV). Since January of this year, MEV amounts to at least USD $370 million, though some sources say the real value is likely higher.  For the technically inclined,…

Who doesn’t love a money printer? Algo Season 2.0 is here.  Last Friday, Malt Protocol launched the latest entry in the algorithmic stablecoin market. This summer, investors have flocked to this corner of the DeFi space to ride out the selloff in the larger crypto universe. Polygon is currently the favored choice of yield farmers…