🧛🏻♂️ Exclusive: Enso Finance Plans Vampire Attack on Six Major Index Projects
Hello Defiers! Here’s what we are covering today, News Exclusive: Enso Finance Plans Vampire Attack on Six Major Index Projects Powerful International Bank Body Urges ‘Systemic Regulation’ of DeFi New NFTs Will Let Virtual Museum Show Art Across the Me...
Hello Defiers! Here’s what we are covering today,
News
- Exclusive: Enso Finance Plans Vampire Attack on Six Major Index Projects
- Powerful International Bank Body Urges ‘Systemic Regulation’ of DeFi
- New NFTs Will Let Virtual Museum Show Art Across the Metaverse
Video
Links
- Australia Set for Massive Shakeup to Crypto Regulations: Treasurer: CoinDesk
- Ubisoft Becomes First Major Gaming Company to Launch In-Game NFTs: Decrypt
- Bitcoin’s weekend tumble hints at Wall Street traders’ growing sway: The Financial Times
- How to stake ETH: Bankless
- Introducing the Foundry Ethereum development toolbox: Paradigm
- Hi @OnChainMonkey! @KiteVC will be headlining @RaoulGMI’s conference in Las Vegas on Dec 9 at 6pm PT: Raoul Pal
- What are some cool places you've explored in the #metaverse? Drop some photos below!: Decentraland
Trending in The Defiant
- Bored Apes’ Generous Copyright Approach Besting Stricter CryptoPunks
- DappRadar Exclusive Report: The Metaverse May be an Old Idea But It’s Just Getting Started
- Wizards & Dragons NFTs Leapfrog Bored Apes in Latest Play-to-Earn Rally
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Exclusive: Vampire Attacks
🧛🏻♂️ Enso Finance Plans Vampire Attack on Six Major Index Projects
TEASER VIDEO Enso Finance, a social trading platform, is planning a vampire attack on six major index products in the crypto space. Enso’s intended victims are Index Coop, Tokensets, PieDAO, dHEDGE, Powerpool, and Indexed. The attack will begin on Dec. 9, according to a teaser video released on the protocol’s Twitter.
ICONIC MOMENT There’s $1.2B worth of index tokens which users could potentially migrate, Connor Howe, Enso’s co-founder, told The Defiant. That’s almost reaching the $1.51B SushiSwap’s automated market maker (AMM) attracted during its Sep. 2020 vampire attack, which would turn out to be perhaps DeFi’s most iconic moment.
MARKET STRATEGY Indeed, Howe said he and his co-founder were inspired by the SushiSwap attack, saying it’s a great go-to market strategy which will allow Enso to demonstrate its technology, reward early adopters, and even show off some visual flair.
A diagram of the attack.
👉READ THE FULL STORY IN THE DEFIANT.IO👈
DeFi Regulation
🏛 Powerful International Bank Body Urges ‘Systemic Regulation’ of DeFi
NEWS Calling DeFi’s decentralization “an illusion,” the Bank for International Settlements (BIS) urged policymakers worldwide to apply “systemic regulation” of the rapidly growing industry and the broader non-bank financial sector.
SMART CONTRACTS In its quarterly review released on Dec. 6, the BIS said non-bank financial intermediaries (NBFIs) offer “a broad range of investment and funding opportunities” that differ from those provided by legacy financial firms. NBFIs include DeFi protocols, open-ended bond markets, and private markets. The BIS describes DeFi as “finance activity based on automated smart contracts on distributed technologies, involving mainly permissionless mechanisms and anonymous transactions.”
MARKET STRESS BIS says the “massive” growth of NBFIs since the 2008 global financial crisis “represents a long-term structural trend” and warns that NBFIs may “affect how monetary policy is transmitted to the economy [and] implemented on a day-to-day basis,” in addition to “amplify[ing] market stress.”
👉READ THE FULL STORY IN THE DEFIANT.IO👈
Metaverse NFTs
🖼 New NFTs Will Let Virtual Museum Show Art Across the Metaverse
MANY UNIVERSES The metaverse is vast, but it’s not yet interoperable. A new series of NFTs dropping early next year could bridge its many universes, at least for art curators. The Museum of Crypto Art (MOCA) has a plan to show artwork in as many corners of the metaverse as it can.
DIGITAL ART The nice thing about digital art is the fact that it can be very widely seen, and MOCA is creating exhibition spaces that can be easily copied into each corner of the metaverse, like Somnium, Decentraland, Cryptovoxels and, maybe, one day, whatever the company formerly known as Facebook is making.
EXHIBITIONS “We are not providing a virtual world,” Reneil, MOCA’s technology director, told The Defiant in an interview. “We assume lots of virtual worlds come up. We want to be there, we want to be available with open APIs so all these worlds can feed their world with content, with art exhibitions right from the start.”
👉READ THE FULL STORY IN THE DEFIANT.IO👈
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The Tube
📺 First Look: Interoperability the way it should be? LayerZero certainly thinks so
Links
🔗 Australia Set for Massive Shakeup to Crypto Regulations: Treasurer: CoinDesk
The government of Australia will announce the biggest reform in payment systems in 25 years, including crypto, on Wednesday, Treasurer Josh Frydenberg said.
🔗 Ubisoft Becomes First Major Gaming Company to Launch In-Game NFTs: Decrypt
Ubisoft was the first major video game publisher to take an interest in the blockchain space, experimenting with crypto game prototypes and supporting startups over the last few years.
🔗 Bitcoin’s weekend tumble hints at Wall Street traders’ growing sway: The Financial Times
Bitcoin’s rocky weekend marked one of the first times a storm in traditional financial assets triggered big waves in cryptocurrencies, underscoring how large investors are playing an increasing role in digital asset markets.
🔗 How to stake ETH: Bankless
The deployment of the beacon chain last year was a foundational milestone in Ethereum’s roadmap. Holders…you now have the ability to stake your ETH!
🔗 Introducing the Foundry Ethereum development toolbox: Paradigm
You should use Foundry’s tools, forge and cast, if you want the fastest & most flexible Ethereum development environment which works out of the box without configuration or third party libraries.
Real Vision @RealVision🔥 @KiteVC #VegasTakeover 🚀 Learn more 👉 https://t.co/hb3FZlqwsR https://t.co/wS90wk5E367:02 PM ∙ Dec 7, 202176Likes18Retweets
Decentraland @decentralandWhat are some cool places you've explored in the #metaverse? Drop some photos below! This scene is located in Soho Plaza -92,-4 play.decentraland.org/?island=I3lcyy…
6:10 PM ∙ Dec 7, 2021642Likes87Retweets
Trending in The Defiant
- Bored Apes’ Generous Copyright Approach Besting Stricter CryptoPunksIs the Bored Apes Yacht Club coming for CryptoPunks?On Monday’s seven day table on NonFungible.com, Bored Apes had posted $59.1M in sales versus CryptoPunks $17.5M.
- DappRadar Exclusive Report: The Metaverse May be an Old Idea But It’s Just Getting StartedEver since Facebook, the sixth most valuable company in the world, announced its corporate rebranding to Meta, the metaverse concept has gone mainstream.
- Wizards & Dragons NFTs Leapfrog Bored Apes in Latest Play-to-Earn RallyNFTs for Wizards & Dragons, a new project, has shot to the number two slot in the OpenSea weekly volume rankings at 8650.59 ETH as of Dec. 6.
🧑💻 ✍️ Stories in The Defiant are written by Brady Dale, Owen Fernau, Samuel Haig, DeFiDad, and yyctrader, and edited by Edward Robinson, yyctrader, and Camila Russo. Videos are produced by Robin Schmidt, Alp Gasimov and Daniel Flynn. Podcast is led by Camila, edited by Alp.
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