Adams Defies Rough Year to Make Uniswap a True Unicorn
Hello Defiers! Here is our review of 2022, and a look ahead at 2023...
Founder of the Year
DeFi 2022: The Year That Was
- If the Merge Changed Everything Why Does Ethereum Feel the Same?
- SBF and Fellow Miscreants Left Customers Reeling and Crypto Damaged
- CeFi Rekt Was the Main Event in Crypto’s Annus Horribilis
Trends to Watch 2023
Podcast
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News
Founder of the Year
Adams Defies a Rough Year to Make Uniswap a True Unicorn
With Deals in the Payments and NFT Sectors Uniswap Flexed as Other Crypto Projects Ducked
By his own admission, Hayden Adams didn’t really know what he was doing.
In 2017, Adams, then a 23-year-old native of the suburbs of New York, had been laid off from his job as an engineer at Siemens. He wanted to learn how to code. But he barely understood the intricacies of blockchain technology. So Adams decided the best way to do this would be the hard way — writing an application from scratch.
Read the full story in The Defiant
DeFi 2022: The Year That Was
If the Merge Changed Everything Why Does Ethereum Feel the Same?
Ethereum’s Shift to Proof of Stake Ended Mining and Ushered in Staking, But What Comes Next?
By Samuel Haig
The suspense was unreal.
For months, Ethereum’s devs conducted tests and teased results as the network made its way toward a historic upgrade. Dubbed The Merge, users expected the next iteration of the beloved DeFi bulwark to cure a raft of ills. Gas fees had become such a bummer, and scalability seemed out of reach thanks to Ethereum’s glacial transaction processing times. The upgrade would fix them all.
Read the full story in The Defiant
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Trends to Watch 2023
The Surge Comes Next for Ethereum… Eventually
Ethereum Devs Taking Care of Staking Issues Before Next Upgrade Unfolds
By Samuel Haig
With The Merge completed, what is next for Ethereum?
Well, The Surge, that’s what. But it won’t come as quickly as many hoped, and that’s not necessarily a bad thing.
Read the full story in The Defiant
DeFi 2022: The Year That Was
SBF and Fellow Miscreants Left Customers Reeling and Crypto Damaged
Mismanagement and Alleged Crimes Stained Crypto With a Litany of Scandals in 2022
Talk about swagger. On March 9, a pseudonymous crypto trader called Algod dismissed the LUNA token a “big ass Ponzi” and threatened to “short it with size.”
LUNA was the native token of the Terra blockchain, and on that day, it had a market capitalization of $36B. Algod’s threat to open a sizeable short position prompted an equally macho response from Terra co-founder Do Kwon, a South Korean software developer.
Read the full story in The Defiant
DeFi 2022: The Year That Was
CeFi Rekt Was the Main Event in Crypto’s Annus Horribilis
FTX, Celsius, 3AC Left a Trail of Wreckage in Centralized Finance
Crypto has been a bloodbath this year: total market cap down more than 66%, blue-chip assets hitting multi-year lows, companies going bankrupt and freezing customer deposits.
To many, this shows the skeptics are right: crypto is inherently volatile and a “garden of snakes,” as U.S. Rep. Brad Sherman (D-CA.) put it during a recent congressional hearing. Traditional finance may have its flaws, but at least it’s got rules and watchdogs, the argument goes.
Read the full story in The Defiant
Trends to Watch 2023
Stablecoins Seek to Regain, Well, Stability in 2023
Stablecoins Used to be Immune to Stress — Now they Must Withstand Volatility
By Owen Fernau
Of all the instruments in crypto, stablecoins may have the most utility.
These assets, often pegged to the U.S. dollar, provide the benefits of holding value on-chain without the drawbacks of volatility. Users can tap them for a number of functions throughout DeFi — to borrow, lend, and to provide liquidity and trade out of crashing assets. And, of course, they can be used for that ever-durable use case — paying people.
Read the full story in The Defiant
Defiant Video
Weekly Recap
SBF Posts $250M Bail After Claiming To Be Worth $100K
Podcast Video
Notorious Threadooor Adam Cochran explains his Crypto Shopping and Shorting List
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